Venus Pipes IPO will be open from 11 May 2022 and closes on 13 May 2022. Venus Pipes IPO GMP Kostak rate and Subject to Sauda updated as of Today. Venus Pipes IPO Grey Market Premium has been Started with Low Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates. Check Venus Pipes IPO Subscription Status here.
Venus Pipes & Tubes Limited one of the growing stainless steel pipes and tubes manufacturer and exporter in India. The company is manufacturing stainless steel tube products in two broad categories – seamless tubes/pipes and welded tubes/pipes. The company one manufacturing plant which is strategically located at Bhuj-Bhachau highway, Dhaneti (Kutch, Gujarat) (“Manufacturing Facility”) in close proximity, around 55 kilometers and 75 from the ports of Kandla and Mundra respectively, that helps us in reducing our logistic costs on procurement of raw materials and imports and export of our Products.
The company Manufacturing Facility has separate seamless and welded divisions with latest product-specific equipment and machineries including tube mills, pilger mills, draw benches, swaging machines, pipe straightening machines, TIG/MIG welding systems, plasma welding systems, etc. As of February 28, 2022. The company Manufacturing Facility has a total installed capacity of 10,800 MT per annum.
Venus Pipes IPO Issue size of ₹165.41 Crores, in which Fresh Issue of ₹165.41 Crores and Offer For Sale of ₹- Crores and issue price band has been fixed at ₹310-₹326 Per Share. The Venus Pipes IPO to be listed Soon on NSE and BSE.
What is Venus Pipes IPO GMP Today?
■ The Venus Pipes IPO GMP Today Or Grey Market Premium is ₹20-₹25.
What is Venus Pipes IPO Kostak Rates Today?
■ The Venus Pipes IPO Kostak rate is ₹300.
What is Venus Pipes IPO Subject to Sauda Price Today?
■ The Venus Pipes IPO Subject to Sauda rates is ₹800
Venus Pipes IPO Approximately Returns?
■ The Venus Pipes IPO’s approximate return is 10%-15%. And it can also change according to the Market Sentiment.
Venus Pipes IPO GMP Live, Kostak,& Subject to Sauda :
| Date | GMP | Kostak | Subject |
| 24 May 2022 | List – ₹337.50 | ₹300 | ₹800 |
| 23 May 2022 | ₹20-₹25 | ₹300 | ₹800 |
| 22 May 2022 | ₹20-₹25 | ₹300 | ₹800 |
| 21 May 2022 | ₹20-₹25 | ₹300 | ₹800 |
| 20 May 2022 | ₹10-₹15 | ₹300 | ₹800 |
| 19 May 2022 | ₹25-₹30 | ₹300 | ₹800 |
| 18 May 2022 | ₹20-₹25 | ₹350 | ₹900 |
| 17 May 2022 | ₹20-₹25 | ₹350 | ₹900 |
| 16 May 2022 | ₹20-₹25 | ₹350 | ₹900 |
| 15 May 2022 | ₹25-₹30 | ₹350 | ₹900 |
| 14 May 2022 | ₹25-₹30 | ₹350 | ₹900 |
| 13 May 2022 | ₹25-₹30 | ₹350 | ₹900 |
| 12 May 2022 | ₹25-₹30 | ₹350 | ₹900 |
| 11 May 2022 | ₹25-₹30 | ₹350 | ₹900 |
| 10 May 2022 | ₹25-₹30 | ₹350 | ₹900 |
| 09 May 2022 | ₹25-₹30 | ₹350 | ₹900 |
| 08 May 2022 | ₹25-₹30 | ₹350 | ₹900 |
| 07 May 2022 | ₹25-₹30 | ₹350 | ₹900 |
| 06 May 2022 | ₹25-₹30 | ₹350 | ₹900 |
| 05 May 2022 | ₹0-₹0 | ₹350 | ₹1200 |
| 04 May 2022 | ₹0-₹0 | ₹1200 | ₹0 |
Venus Pipes IPO Date & Price Band & Details :
| IPO Open : | 11 May 2022 |
| IPO Close : | 13 May 2022 |
| IPO Size : | ₹165.41-. Cr |
| Face Value : | ₹10. Equity Share |
| Price Band : | ₹310–₹326 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹165.41. Cr |
| Fresh Issue : | ₹165.41. Cr |
| Offer For Sale : | ₹-. Cr |
Venus Pipes IPO Market Lot :
Venus Pipes IPO Minimum Market lot is 1 Lot with 46 shares with ₹14,996 Application amount. The retail investors can apply up to 13 lots with 598 Shares or ₹194,948 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 46 Shares |
| Minimum Amount : | ₹14,996 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 598 Shares |
| Maximum Amount : | ₹199,948 |
Venus Pipes IPO Dates :
Venus Pipes IPO Date is 11 May 2022 and closes on 13 May 2022. The allotment will be finalized on 19 May 2022 and the IPO may list on 24 May 2022.
| Open Date : | 11 May 2022 |
| Close Date : | 13 May 2022 |
| Allotment Date : | 19 May 2022 |
| Refund Date : | 20 May 2022 |
| Share Credit Date : | 23 May 2022 |
| Listing Date : | 24 May 2022 |
Venus Pipes & Tubes Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2021-9M | ₹2,782.80 | ₹2,465.76 | ₹235.95 |
| 2021 | ₹3,120.31 | ₹2,810.80 | ₹236.32 |
| 2020 | ₹1,793.22 | ₹1,728.35 | ₹41.28 |
| 2019 | ₹1,205.06 | ₹1,155.61 | ₹37.50 |
Venus Pipes IPO GMP FAQs :
How much is Venus Pipes IPO GMP Today?
Venus Pipes IPO GMP Today is ₹20-₹25.
How much is Venus Pipes IPO Grey Market Premium?
Venus Pipes IPO is Grey Market Premium ₹20-₹25.
What is Venus Pipes IPO Kostak Rate?
Venus Pipes IPO Kostak Rate is ₹300.
What is Venus Pipes IPO Subject to Sauda?
Venus Pipes IPO Subject to Deals is ₹800.
What are Venus Pipes IPO Approx Returns?
Venus Pipes IPO approx Returns is 10%-15%. And it can also change according to the Market Sentiment.
| Venus Pipes IPO Details: Click Here Venus Pipes IPO Subscription: Click Here Venus Pipes IPO Allotment: Click Here Venus Pipes IPO Listing: Click Here |
All Venus Pipes IPO-related links are available here. If you want to know the details then click on Click Here Link.
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