Hariom Pipe IPO subscription Status – Hariom Pipe IPO price and dates are fixed. The opening date of Hariom Pipe IPO is 30 March 2022 and the closing date is 05 April 2022. The company is going to raise ₹130Cr through IPO and the issue type is a fresh issue. The Face of Hariom Pipe IPO is Rs 10/share. Reservation sequense are QIB=50%, NII=15% and RII=35%.
Hariom Pipe Industries Limited (Hariom Pipe) is a premium manufacturer of iron and steel products. Today, the company has gone from strength to strength, evolving into an integrated steel manufacturer with a stronghold in the South Indian market. With a diverse product portfolio consisting of Mild Steel (MS) Billets, Pipes and Tubes, Hot Rolled (HR) Coils, and Scaffolding Systems, our top-quality products cater to a variety of industrial applications across multiple sectors.
Hariom Pipe IPO Subscription Status
Hariom Pipe IPO subscription Status: On 04 April Hariom IPO subscribed a total of 3.43 times. QIB subscribes 0.82x, NII subscribes 1.93x and RII subscribes 7.17x.
| Date | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 | 0.00x | 0.03x | 1.88x | 0.67x |
| Day 2 | 0.44x | 0.32x | 3.48x | 1.46x |
| Day 3 | 0.82x | 1.93x | 7.17x | 3.43x |
Hariom Pipe Financial Report ₹(in cr)
| Year | Revenue | PAT | Expense |
|---|---|---|---|
| 2019 | 134 | 8.02 | 122 |
| 2020 | 161 | 7.9 | 150 |
| 2021 | 255 | 15.13 | 234 |
Hariom Pipe IPO Date & Details
It is a Book building issue type IPO with an IPO Size of ₹200 Cr and it will list on NSE as well as on BSE.
| IPO Open Date | 30 Mar 2022 |
| IPO Close Date | 05 Apr 2022 |
| IPO Size | Apx ₹130 Cr |
| Issue Type | Book Building issue |
| Fresh Issue | Apx ₹130 Cr |
| Offer For sale | – |
| Face Value | ₹10/Equity share |
| Price Band | ₹144 to ₹153 |
| List On | NSE & BSE |
| DRHP | Click Here |
| GMP | Click Here |
Hariom Pipe IPO Market Lot Size
In Hariom Pipe IPO Minimum of 98 Shares in 1 lot with ₹14,994 application amount. If you want to come under retail investor then you can apply a maximum for 13 Lot, 194,922 shares with a ₹191,800 application amount.
| Minimum Lot Size | 1 Lot, 98 Shares |
| Minimum Amount | ₹ 14,994 |
| Maximum Lot Size | 13 Lot, 1,274 Shares |
| Maximum Amount | ₹194,922 |
Reservation
The reservation for the Hariom Pipe IPO is like 50% is for QIB, 15% is for NII and 35% is for RII, the employee quota is not shared.
| Category | Reservation(%) |
|---|---|
| QIB | 50% |
| NII | 15% |
| RII | 35% |
IPO Time Table
Hariom Pipe IPO Listing Date is on 07 April 2022, opening and the closing date is 28 – 30 March 2022 and is as follows.
| IPO Open Date | 30 Mar 2022 |
| IPO Close Date | 05 April 2022 |
| Allotment Date | 08 April 2022 |
| Refund Date | 11 April 2022 |
| Credit to Demat Account | 12 April 2022 |
| Listing Date | 13 April 2022 |
FAQ
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