Venus Pipes & Tubes Ltd IPO
Venus Pipes & Tubes Limited: Venus Pipes & Tubes are the Manufacturers of Stainless Steel Welded and Seamless Pipes, Tubes, and U-Tubes. The company has its own manufacturing unit located at Bhuj-Bhachau highway, Dhaneti (Kutch, Gujarat) with an installed capacity of 10,800 MT per annum. You can also check GMP OF IPO for an IPO here only.
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The company has a client base of 58 FORTUNE 500 India List, a CAGR of 83% in the last 4 Years, Catering to 9 diversified sectors, and Exports to 20 Countries. Venus Pipes & Tubes sells products in both international and domestic markets. The company has International Accreditations and product approvals, Multi-fold demand for Products, an Experienced and Qualified Team, Specialised production of Stainless Steel Pipes and Tubes, and Customer Diversification.
Venus Pipes & Tubes Limited Products: The company Manufacturers of Stainless Steel tubes, pipes such as Stainless Steel High Precision And Heat Exchanger Tubes, Stainless Steel Seamless Pipes, Stainless Steel Hydraulic And Instrumentation Tubes, Stainless Steel Welded Pipes, Stainless Steel Box Pipes, etc.
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We recommend investors check Retail and HNI numbers before investing in IPO. Investors may apply for this IPO with risk. You can also check Venus Pipes & Tubes IPO Allotment Status from this page.
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Venus Pipes & Tubes IPO
Venus Pipes & Tubes IPO: Venus Pipes & Tubes is launching its Initial Public Offering (IPO) opening on 11 May 2022 & closing on 13 May 2022. This IPO of Approx 5,074,100 Equity Shares of the company with a face value of Rs.10 each. The IPO size is Approx ₹165 Crores with a fresh issue of Approx ₹165 Crores from the primary offering.
Venus Pipes IPO Subscription Status (Live Update – Day 3)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.36 | 0.36 | 1.43 |
| NII | 0.98 | 2.59 | 5.96 |
| Retail | 4.10 | 7.52 | 11.45 |
| Total | 2.36 | 4.42 | 7.41 |
Venus Pipes IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| 13 May | ₹30 | ₹300 | ₹1000 |
| 12 May | ₹35 | ₹300 | ₹1000 |
| 11 May | ₹25 | ₹300 | ₹1000 |
| 10 May | ₹35 | ₹300 | ₹1000 |
| 09 May | ₹20 | ₹300 | ₹1000 |
| 07 May | ₹35 | ₹300 | ₹1000 |
| 06 May | ₹35 | ₹400 | ₹1200 |
| 05 May | ₹[.] | ₹400 | ₹1200 |
| 04 May | ₹[.] | ₹350 | ₹[.] |
| 03 May | ₹[.] | ₹[.] | ₹[.] |
Venus Pipes & Tubes IPO Date & Price Band
You can find all the details as well as the price band of this IPO on this page. This IPO will open on 11 May 2022 and close on 13 May 2022.
| IPO Open: | 11 May 2022 |
| IPO Close: | 13 May 2022 |
| IPO Size: | Approx ₹165 Crores |
| Fresh Issue: | Approx ₹165 Crores |
| Offer for Sale: | 5,074,100 Eq Shares |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹310 to ₹326 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Venus Pipes & Tubes IPO Allotment, Listing & Important Dates
In this table, you will get a clear idea of When an IPO will open & close? allotment date and all important dates related to this IPO.
| Price Band Announcement: | 05 May 2022 |
| Anchor Investors Allotment: | 10 May 2022 |
| IPO Open Date: | 11 May 2022 |
| IPO Close Date: | 13 May 2022 |
| Basis of Allotment: | 19 May 2022 |
| Refunds: | 20 May 2022 |
| Credit to Demat Account: | 23 May 2022 |
| IPO Listing Date: | 24 May 2022 |
Venus Pipes & Tubes IPO Lot Size / Market Lot
| Minimum Lot Size: | Minimum 46 Shares for 1 lot |
| Minimum Amount: | ₹14,996 for 1 lot |
| Maximum Lot Size: | Maximum 598 Shares for 13 lot |
| Maximum Amount: | ₹- for 13 lot |
Venus Pipes & Tubes Company Details & Financials
Here you will find detailed company analytics as well as financial reports. How well the company has performed in the last few years.
Venus Pipes & Tubes Company Address
Venus Pipes & Tubes Limited
Survey No. 233/2 and 234/1, Dhaneti
Bhuj, Kachchh – 370020 Gujarat
Phone: +91 2836 232 183/84
Email: [email protected]
Website: https://www.venuspipes.com/
Venus Pipes & Tubes Company Financial Reports ( ₹ in Crores )
| Year | Income | Expense | PAT |
| 2019 | ₹121 | ₹116 | ₹3.75 |
| 2020 | ₹179 | ₹172 | ₹4.13 |
| 2021 | ₹312 | ₹281 | ₹23.63 |
| 2022 3M | ₹82 | ₹73 | ₹6.81 |
Venus Pipes & Tubes IPO Promoter Holding
| Pre Issue Share Holding | 64.27% |
| Post Issue Share Holding | 48.20% |
Venus Pipes & Tubes IPO Valuation – FY2021
| Earning Per Share (EPS): | ₹18.04 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 59.18% |
| Net Asset Value (NAV): | ₹30.48 per Equity Share |
Venus Pipes & Tubes Company Promoter
- Megharam Sagramji Choudhary
- Jayantiram Motiram Choudhary
- Dhruv Mahendrakumar Patel
- Arun Axaykumar Kothari
Venus Pipes & Tubes IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
Venus Pipes & Tubes IPO Allotment Status
You can check the IPO Allotment Status Very Easily. Click Here and you can check the status from the N/A website.