Venus Pipes And Tubes IPO Details – Venus Pipes and Tubes IPO price and dates are fixed. The opening date of Campus Activewear IPO is 11 May 2022 and the closing date is 13 May. The company is going to raise ₹165.42Cr through IPO and the issue type is book building. The Face Value of Venus Pipes IPO is Rs 10/share. Reservation sequense are QIB=50%, NII=15% and RII=35%.
Venus Pipes and Tubes IPO Review
For Long Term:- Good for the long term.
For Listing Gain:- Check GMP before applying
Venus Pipes and Tubes Financial Report ₹(in cr)
| Year | Revenue | PAT | Assets |
|---|---|---|---|
| Mar 2019 | 120.506 | 3.75 | 79.12 |
| Mar 2020 | 179.32 | 4.12 | 107.191 |
| Mar 2021 | 312.03 | 23.63 | 137.53 |
Venus Pipes and Tubes IPO Date & Details
It is a Book building issue type IPO with an IPO Size of ₹ Cr and it will list on NSE as well as on BSE.
| IPO Open Date | 11 May 2022 |
| IPO Close Date | 13 May 2022 |
| IPO Size | ₹165.42Cr |
| Issue Type | Book Building issue |
| Fresh Issue | 5,074,100 Eq Shares |
| Offer For sale | – |
| Face Value | ₹10/Equity share |
| Price Band | ₹310 to ₹326 |
| List On | NSE & BSE |
| DRHP | Click Here |
| GMP | Click Here |
Objective
- Long-term working capital requirement.
- General Corporate Purposes.
- Technology up-gradation, manufacturing support, and integration of hollow pipe manufacturing.
Competitors
- Jindal saw
- Ratnamani Metal
Venus Pipes and Tubes IPO Market Lot Size
In Venus Pipes and Tubes IPO Minimum of 46 Shares in 1 lot with ₹14,996 application amount. If you want to come under retail investor then you can apply a maximum of 13 Lot, 598 shares with a ₹194,948 application amount.
| Minimum Lot Size | 1 Lot, 46 Shares |
| Minimum Amount | ₹14,996 |
| Maximum Lot Size | 13 Lot, 598 Shares |
| Maximum Amount | ₹194,948 |
Click Here to Check Upcoming IPO of 2022
Reservation
The reservation for the Venus Pipes IPO is like 50% is for QIB, 15% is for NII, and 35% is for RII, employee quota is not shared. There is no reservation for employees.
| Category | Reservation(%) |
|---|---|
| QIB | 50% |
| NII | 15% |
| RII | 35% |
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IPO Time Table
Venus Pipes & Tubes IPO Listing Date is on April 2022, opening and the closing date is Apr 2022 and is as follows.
| IPO Open Date | 11 May 2022 |
| IPO Close Date | 13 May 2022 |
| Allotment Date | 19 May 2022 |
| Refund Date | 20 May 2022 |
| Credit to Demat Account | 23 May 2022 |
| Listing Date | 24 May 2022 |
About Company
Venus Pipes & Tubes Ltd is a producer and exporter of stainless steel lines and tubes. The organization is fabricating treated steel tube items in two general classifications – seamless tubes/pipes and welded tubes/pipes under which five classifications of items are produced specifically, Stainless steel high accuracy and intensity exchanger tubes, hardened steel water driven and instrumentation tubes, Stainless steel consistent lines, tempered steel welded lines and Stainless steel box pipes.
Venus Pipes and Tubes Limited makes them fabricate plant which is situated at Bhuj-Bhachau roadway, Dhaneti (Kutch, Gujarat) with an introduced limit of 10,800 MT for every annum.
The organization sells items in both homegrown and worldwide business sectors. Venus Pipes and Tubes trades its items to 18 nations including Brazil, the UK, Israel, nations in the European Union, and so forth.
Lead Managers
- SMC Capitals Limited
Promoters
- Megharam Sagramji Choudhary
- Jayantiram Motiram Choudhary
- Dhruv Mahendrakumar Patel
- Arun Axaykumar Kothari
Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: venus.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Address
Venus Pipes & Tubes Limited
Survey No. 233/2 and
234/1, Dhaneti
Bhuj, Kachchh – 370020 Gujarat
Phone: +91 2836 232 183/84
Email: cs@venuspipes.com
Website: https://www.venuspipes.com/
FAQ
Q. What is the Price Band of Venus Pipes and Tubes IPO?
Q. What is the launch date of the Venus Pipes and Tubes IPO?
What is the size of the Venus Pipes and Tubes IPO?
What is the Venus Pipes and Tubes allotment Date?
What is the listing date Of Venus Pipes and Tubes?
How to Apply Venus Pipes and Tubes IPO through Zerodha?
2. Go to Portfolio and Click on IPO.
3. You will see the IPO Name “Venus Pipes and Tubes”. Click on Bid Button.
4. Enter your UPI ID, Quantity, and Price.
5. Submit IPO Application Form.
6. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
How to Apply Venus Pipes and Tubes IPO through Upstox App?
2. Go to Portfolio and Click on IPO.
3. You will see the IPO Name “Venus Pipes and Tubes”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price.
6. Submit IPO Application Form.
7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
How to Apply Venus Pipes and Tubes IPO Groww App?
2. Now you can see IPOs and Click on IPO.
3. You will see the IPO Name “Venus Pipes and Tubes”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form.
6. Now go to your UPI App on Net Banking or BHIM App to approve the payment process.
How to Apply Venus Pipes and Tubes IPO through Paytm Money App?
2. Now you can see Invest is IPOs Section and Click on IPO.
3. You will see the IPO Name “Venus Pipes and Tubes”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price.
6. Submit IPO Application Form.
7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.
Conclusion:- I hope this article is helpful for you if you have any queries regarding IPO and upcoming IPO you can comment down below.