Venus Pipes and Tubes Limited IPO
BSE, NSEClosed
May 11, 2022Open Date
May 13, 2022Close Date
TBAAllotment Date
May 24, 2022Listing Date
Subscription Details
View Subscription DetailsRetail19.04x
QIB12.02x
NIIs (Non-Institutional Investors)Main Category
15.66xOverall Subscription
Total Bids Received
16.31x
Updated: 10 Jul, 06:09 pm
Venus Pipes and Tubes Limited IPO Issue Details
Issue Price₹310-326 Per Equity Share
Face Value₹10 Per Equity Share
Listing AtBSE, NSE
Listing DateMay 24, 2022
Company Information
Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel pipes and tubes. The company is manufacturing stainless steel tube products in two broad categories - seamless tubes/pipes...
Valuations
RoNW
59.18%
Financial Information (₹ in Crores)
| Metric | FY 21 | FY 20 | FY 19 | FY 18 |
|---|---|---|---|---|
| Total Assets | 137.53 | 107.19 | 79.12 | |
| Total Revenue | 312.03 | 179.32 | 120.5 | |
| Profit After Tax | 23.63 | 4.12 | 3.75 | |
| Net Worth |
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1To meet long-term working capital requirements.
- 2General corporate purposes.
- 3inancing project costs for capacity growth, technology upgrades, operational cost optimization, manufacturing facility support, and backward integration for hollow pipe manufacturing.
Venus Pipes and Tubes Limited – Promoter(s)
Megharam Sagramji Choudhary
Jayantiram Motiram Choudhary
Dhruv Mahendrakumar Patel
Arun Axaykumar Kothari
Contact Details
Frequently Asked Questions — Venus Pipes and Tubes Limited IPO
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