The stainless steel pipes and tubes manufacturer and exporter company Venus Pipes IPO will open on 11 May 2022 and closes on 13 May 2022. The company fund raise ₹165.41 crore through this IPO. The IPO will have a fresh issue of ₹165.41 crore and an offer for sale of ₹- crore. The company fixed the price band of this IPO at ₹310 to ₹326 Per Share. The company has reserved 50% for QIB, 35% for retail and 15% for NII in this IPO. You can check here to know Venus Pipes IPO GMP and 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.
The company sell our Products both in the domestic as well as the international markets. In the domestic market, we sell our Products to customers as well as traders/stockists while in the international market. The company started exporting our Products in the year 2017 and as on February 28, 2022 we have exported to 20 countries including Brazil, UK, Israel and countries in the European Union, etc.
| Read also: Upcoming IPO List 2022 |
Company Strengths :
- International Accreditations and product approvals
- Specialised production of Stainless Steel Pipes and Tubes
- Multi-fold demand of our Products
- Customer Diversification
- Experienced and Qualified Team
Venus Pipes IPO Review :
■ Apply for Long Term
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 Shares Offer :
A Total of 50,74,100 shares are to be bid for the public issue by Venus Pipes IPO with 50,74,100 for Fresh issue and – for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 50,74,100 | ₹165.41 Cr |
| Offer For Sale : | – | ₹- Cr |
| Total : | 50,74,100 | ₹165.41 Cr |
Venus Pipes IPO Reservation :
Venus Pipes IPO Total Reservation of 50,74,100 shares are to be bid for the public issue by Venus Pipes IPO with 25,37,050 for QIB and 7,61,115 for NII 17,75,935 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 25,37,050 | ₹82.70 Cr |
| NII : | 15% | 7,61,115 | ₹24.81 Cr |
| RII : | 35% | 17,75,935 | ₹57.89 Cr |
| EMP : | – % | – | ₹- Cr |
| Total : | 100% | 50,74,100 | ₹164.41 Cr |
Venus Pipes IPO EPS :
The Venus Pipes company’s EPS growth is an Increasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) |
| 2021-9M | ₹15.50 |
| 2021 | ₹18.04 |
| 2020 | ₹3.15 |
| 2019 | ₹2.86 |
Venus Pipes IPO Peer Comparison PE :
The Venus Pipes, According to DRHP of the company only two company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Jindal Saw Limited | 9.69 |
| 2. | Ratnamani Metal & Tubes Limited | 41.51 |
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 |
| Read also:- Rights issue list 2022 |
Company Promoters :
■ Megharam Sagramji Choudhary
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Venus Pipes IPO Lead Managers :
■ SMC Capitals Limited
Venus Pipes IPO Registrar :
Kfin Technologies Limited
Selenium, Tower B,
Plot No- 31 and 32, Financial District,
Nanakramguda, Serilingampally,
Hyderabad, Rangareddi 500 032
Telangana, India.
Tel: +9140 6716 2222
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.kfintech.com
Note: Check Venus Pipes & Tubes IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Venus Pipes & Tubes Limited
Survey No. 233/2 and 234/1,
Dhaneti, Bhuj, Kachchh – 370020
Gujarat, India.
Tel: +91 2836 232 183/84
E-mail: [email protected]
Website: www.venuspipes.com
Venus Pipes IPO FAQs :
What is Venus Pipes & Tubes IPO?
Venus Pipes & Tubes IPO is Mainboard IPO. They are going to raise ₹165.1. Crores via IPO. The issue is priced at ₹310-₹326 per equity share. The IPO is to be listed on NSE, BSE.
When Venus Pipes & Tubes IPO will open?
The IPO is to open on 11 May 2022 and closes on 13 May 2022 for QIB, NII & RII.
What is Venus Pipes & Tubes IPO Size?
Venus Pipes & Tubes IPO size is ₹165.41 Crores.
What is the Fresh issue size of Venus Pipes & Tubes IPO?
The Fresh issue size of Venus Pipes & Tubes IPO ₹165.41 Cr.
What is the Offer For Sale size of Venus Pipes & Tubes IPO?
The Offer For Sale size of Venus Pipes & Tubes IPO ₹0 Cr.
What is Venus Pipes & Tubes IPO Price Band?
Venus Pipes & Tubes IPO Price Band is ₹310-₹326 Per share.
What is Venus Pipes & Tubes IPO Minimum and Maximum Lot Size?
The minimum 46 Shares with ₹14,996 amount while the maximum 598 shares with ₹194,948.
What is Venus Pipes & Tubes IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Venus Pipes & Tubes IPO Allotment Date?
Venus Pipes & Tubes IPO allotment date is 19 May 2022.
What is Venus Pipes & Tubes IPO Listing Date?
Venus Pipes & Tubes IPO listing date is 24 May 2022. The IPO to list on NSE, BSE.
How to Apply the Venus Pipes & Tubes 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 & Tubes 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 & Tubes 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 & Tubes 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 & Tubes 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 & Tubes 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 & Tubes 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 & Tubes 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 & Tubes IPO GMP: Click Here Venus Pipes & Tubes IPO Subscription: Click Here Venus Pipes & Tubes IPO Allotment: Click Here Venus Pipes & Tubes IPO Listing: Click Here |
All Venus Pipes & Tubes IPO-related links are available here. If you want to know the details then click on Click Here Link.
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