The Venus Pipes IPO date has been announced; the IPO will go public on May 11 and will close on May 13, 2022. Venus Pipes & Tubes IPO will generate approximately 165 crores through an IPO that will include a fresh issue of 165 crores and an offer for sale of up to [.] equity shares of 10 apiece. The retail quota is 35%, the QIB quota is 50%, and the HNI quota is 15%.
Venus Pipes Limited, based in Gujarat, is a manufacturer and exporter of stainless steel tubular products including stainless steel pipes and tubes. The company’s manufacturing plant is in Kutch, Gujarat. The production plant covers an area of 11 acres. They have a capacity of 10,800 MT per year installed. The company has a global presence in over 18 nations worldwide. Stainless Steel High Precision and Heat Exchanger Tubes, Stainless Steel Hydraulic and Instrumentation Tubes, Stainless Steel Seamless Pipes, Stainless Steel Welded Pipes, and Stainless
Steel Box Pipes are all accessible from Venus Pipes. They sell their items in Indian markets as well as countries such as Brazil, the United Kingdom, Israel, and the European Union, among others. Venus Pipes IPO subscription status and Venus Pipes IPO allotment status can be seen on their respective pages.
Venus Pipes IPO Important Details:
- Specialization in stainless steel tubular products.
- Exporting their products in 18 countries internationally.
- The production facility is spread across 11 acres area based in Kutch.
- The production capacity of 10,800 MT per annum.
- With a highly dedicated and young team, They aim to become the forerunner of the tubular solutions industry.
Venus Pipes IPO GMP, Date & Price Band
| Venus Pipes IPO Open: | May 11, 2022 |
| Venus Pipes IPO Close: | May 13, 2022 |
| Venus Pipes IPO Size: | Approx ₹165 Crores |
| Fresh Issue: | Approx ₹165 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Venus Pipes IPO Price Band: | ₹310 to ₹326 Per Share |
| Venus Pipes IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
Venus Pipes IPO Lot Size
The Venus Pipes IPO minimum market lot is 46 shares with ₹14,996 application amount. The retail investors can apply up-to 13 lots with 598 shares or ₹194,948 amount.
| 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: | ₹194,948 for 13 lot |
Venus Pipes IPO Allotment & Listing Dates
The Venus Pipes IPO date is May 11 and the close date is May 13. The Venus Pipes IPO allotment will be finalized on May 19 and the IPO listing on May 24.
| Price Band Announcement: | May 05, 2022 |
| Anchor Investors Allotment: | May 10, 2022 |
| Venus Pipes IPO Open Date: | May 11, 2022 |
| Venus Pipes IPO Close Date: | May 13, 2022 |
| Basis of Allotment: | May 19, 2022 |
| Refunds: | May 20, 2022 |
| Credit to Demat Account: | May 23, 2022 |
| Venus Pipes IPO Listing Date: | May 24, 2022 |
Venus Pipes IPO Form
How to apply for the Venus Pipes IPO? –> You can apply for Venus Pipes IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Venus Pipes IPO in the Invest section. The other option is you can apply for Venus Pipes IPO via IPO forms download via NSE and BSE. Check out the Venus Pipes forms.
Venus Pipes Company Financial Report
| ₹ in Crores | Revenue | 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 IPO Valuation – FY2021
Check Venus Pipes IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| 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 |
Peer Group
- Jindal Saw Limited
- Ratnamani Metal & Tubes Limited
Venus Pipes IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com
Company Address
Venus Pipes 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
Company Promoters
- Megharam Sagramji Choudhary
- Jayantiram Motiram Choudhary
- Dhruv Mahendrakumar Patel
- Arun Axaykumar Kothari
Venus Pipes IPO Lead Managers
- Emkay Global Financial Services Ltd
- InCred Capital Financial Services Pvt Ltd
Venus Pipes IPO FAQs:
Q1. What is Venus Pipes IPO?
Ans. Venus Pipes IPO is a main-board IPO. They are going to raise ₹165 Crores via IPO. The issue is priced at ₹310 to ₹326 per equity share. The IPO is to be listed on BSE & NSE.
Q2. When Venus Pipes IPO will open?
Ans. The IPO is to open on May 11, 2022 for QIB, NII, and Retail Investors.
Q3. What is Venus Pipes IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Venus Pipes IPO?
Ans. You can apply Venus Pipes IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Venus Pipes IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Venus Pipes”. 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. Open Demat Account with Zerodha.
Q6. How to Apply the Venus Pipes IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Venus Pipes”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Venus Pipes IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Venus Pipes”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Venus Pipes IPO Size?
Ans. Venus Pipes IPO size is ₹165 crores.
Q9. What is Venus Pipes IPO Price Band?
Ans. Venus Pipes IPO Price Band is ₹310 to ₹326.
Q10. What is Venus Pipes IPO Minimum and Maximum Lot Size?
Ans. The minimum bid is 46 Shares with ₹14,996 amount while the maximum bid is 598 shares with ₹194,948.
Q11. What is the Venus Pipes IPO Allotment Date?
Ans. Venus Pipes IPO allotment date is May 19, 022.
Q12. What is the Venus Pipes IPO Listing Date?
Ans. Venus Pipes IPO listing date is May 24, 022. The IPO is to list on BSE and NSE.
