The Venus Pipes IPO Subscription Status has started 11 May 2022 and it is also being subscribed by QIB and NII & RII. let you know that the Venus Pipes IPO has opened on 11 May 2022 and closes on 13 May 2022. Which will be subscribed by 13 May 2021. Venus Pipes IPO is preparing to raise ₹165.41 Cr funds through its Fresh Issue and Offer For Sale, in which Fresh Issue of ₹165.41 Crores and Offer Sale of ₹- Crores. and Venus Pipes IPO Price Band is Fixed ₹310 to 3268 per share. Check Venus Pipes IPO GMP 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 reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the Venus Pipes IPO Subscription Status, you can see the below-day Subscription.
Venus Pipes IPO Review :
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Venus Pipes IPO Subscription Status {Live Update} :
The total Venus Pipes IPO Subscription Status subscribed 16.31x times so far, with QIB subscribed 12.02x and NII subscribed 15.66x times & RII 19.04x times and EMP 0.0x times on Day 3. {Update time : 13 May 2022 05:00 Pm} (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 0.36x | 0.36x | 12.02x |
| NII : | 0.98x | 2.59x | 15.66x |
| RII : | 4.10x | 7.52x | 19.04x |
| EMP : | 0.0x | 0.0x | 0.0x |
| Total : | 2.36x | 4.42x | 16.31x |
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 IPO Form :
There are two ways to apply in Venus Pipes IPO. You can apply for Venus Pipes IPO through ASBA available in your bank account. You have to go to your online bank login and select Venus Pipes IPO in the Invest section and apply through your bank account. Another option is you can apply for Venus Pipes IPO through IPO form download through NSE and BSE. See the Venus Pipes IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
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 Subscription Status FAQs :
How much was the total Venus Pipes IPO Subscription Status?
The total Venus Pipes IPO Subscription Status 16.31x times Day 3.
What is the Venus Pipes IPO retail subscription Status?
Venus Pipes IPO Retail Subscription 19.04x times Day 3.
How much is the Venus Pipes IPO QIB subscription Status?
The Venus Pipes IPO QIB subscription 12.02x times Day 3.
How much did Venus Pipes IPO NII subscribe?
Venus Pipes IPO NII Subscription 15.66x times Day 3.
What is Venus Pipes IPO Allotment Date?
Venus Pipes IPO allotment date is 19 May 2022.
What is Venus Pipes IPO Listing Date?
Venus Pipes IPO listing date is 24 May 2022. The IPO to list on BSE and NSE.
How to Apply the Venus Pipes IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Venus Pipes IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Venus Pipes IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Venus Pipes IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Venus Pipes IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Venus Pipes IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Venus Pipes IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Venus Pipes IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Venus Pipes IPO GMP: Click Here Venus Pipes IPO Details: 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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