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Venus Pipes And Tubes IPO Review, Price, Details | Venus Pipes & Tubes IPO Price 2022

Venus Pipes And Tubes IPO Details - Venus Pipes and Tubes IPO price and dates are fixed. The opening date of Campus Activewear IPO is 11 May 2022 and the closing date is 13 May. The company is going to raise ₹165.42Cr through IPO and the issue type is book building. The Face Value of Venus Pipes IPO is Rs 10/share. Reservation sequense are QIB=50%, NII=15% and RII=35%.

Venus Pipes and Tubes IPO Review

For Long Term:- Good for the long term.

For Listing Gain:- Check GMP before applying

Venus Pipes and Tubes Financial Report ₹(in cr)


YearRevenuePATAssets
Mar 2019120.5063.7579.12
Mar 2020179.324.12107.191
Mar 2021312.0323.63137.53




Venus Pipes and Tubes IPO Date & Details





It is a Book building issue type IPO with an IPO Size of ₹ Cr and it will list on NSE as well as on BSE.





IPO Open Date11 May 2022
IPO Close Date13 May 2022
IPO Size₹165.42Cr
Issue TypeBook Building issue
Fresh Issue5,074,100 Eq Shares
Offer For sale-
Face Value₹10/Equity share
Price Band₹310 to ₹326
List OnNSE & BSE
DRHPClick Here
GMPClick Here




Objective





  • Long-term working capital requirement.
  • General Corporate Purposes.
  • Technology up-gradation, manufacturing support, and integration of hollow pipe manufacturing.




Competitors





  • Jindal saw
  • Ratnamani Metal




Venus Pipes and Tubes IPO Market Lot Size





In Venus Pipes and Tubes IPO Minimum of 46 Shares in 1 lot with ₹14,996 application amount. If you want to come under retail investor then you can apply a maximum of 13 Lot, 598 shares with a ₹194,948 application amount.





Minimum Lot Size1 Lot, 46 Shares
Minimum Amount₹14,996
Maximum Lot Size13 Lot, 598 Shares
Maximum Amount₹194,948




Click Here to Check Upcoming IPO of 2022





Reservation





The reservation for the Venus Pipes IPO is like 50% is for QIB, 15% is for NII, and 35% is for RII, employee quota is not shared. There is no reservation for employees.





CategoryReservation(%)
QIB50%
NII15%
RII35%




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IPO Time Table





Venus Pipes & Tubes IPO Listing Date is on April 2022, opening and the closing date is Apr 2022 and is as follows.





IPO Open Date11 May 2022
IPO Close Date13 May 2022
Allotment Date19 May 2022
Refund Date20 May 2022
Credit to Demat Account23 May 2022
Listing Date24 May 2022




About Company





Venus Pipes & Tubes Ltd is a producer and exporter of stainless steel lines and tubes. The organization is fabricating treated steel tube items in two general classifications - seamless tubes/pipes and welded tubes/pipes under which five classifications of items are produced specifically, Stainless steel high accuracy and intensity exchanger tubes, hardened steel water driven and instrumentation tubes, Stainless steel consistent lines, tempered steel welded lines and Stainless steel box pipes.





Venus Pipes and Tubes Limited makes them fabricate plant which is situated at Bhuj-Bhachau roadway, Dhaneti (Kutch, Gujarat) with an introduced limit of 10,800 MT for every annum.





The organization sells items in both homegrown and worldwide business sectors. Venus Pipes and Tubes trades its items to 18 nations including Brazil, the UK, Israel, nations in the European Union, and so forth.





Lead Managers





  • SMC Capitals Limited




Promoters





  • Megharam Sagramji Choudhary
  • Jayantiram Motiram Choudhary
  • Dhruv Mahendrakumar Patel
  • Arun Axaykumar Kothari




Registrar





KFin Technologies Limited





Phone: 04067162222, 04079611000
Email: venus.ipo@kfintech.com
Website: https://karisma.kfintech.com/





Address





Venus Pipes & Tubes Limited
Survey No. 233/2 and
234/1, Dhaneti
Bhuj, Kachchh - 370020 Gujarat
Phone: +91 2836 232 183/84
Email: cs@venuspipes.com
Website: https://www.venuspipes.com/





FAQ





Q. What is the Price Band of Venus Pipes and Tubes IPO?

The Price Band of Venus Pipe & Tubes IPO is ₹310 to ₹326.

Q. What is the launch date of the Venus Pipes and Tubes IPO?

The IPO opens on 11 May 2022 and closes on 13 May 2022.

What is the size of the Venus Pipes and Tubes IPO?

The IPO Size of Venus Pipe & Tubes IPO is 165.42cr and issuing 5,074,100 Eq Share.

What is the Venus Pipes and Tubes allotment Date?

The Allotment date of Venus Pipe & Tubes IPO is 19 May 2022.

What is the listing date Of Venus Pipes and Tubes?

The listing date of the Venus Pipe & Tubes IPO is 24 May 2022 and the IPO will list on BSE and NSE.

How to Apply Venus Pipes and Tubes IPO through Zerodha?

1. Log in to the Zerodha Kite application on your mobile.
2. Go to Portfolio and Click on IPO.
3. You will see the IPO Name “Venus Pipes and Tubes”. Click on Bid Button.
4. Enter your UPI ID, Quantity, and Price.
5. Submit IPO Application Form.
6. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.

How to Apply Venus Pipes and Tubes IPO through Upstox App?

1. Log in to the Upstox application on your mobile.
2. Go to Portfolio and Click on IPO.
3. You will see the IPO Name “Venus Pipes and Tubes”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price.
6. Submit IPO Application Form.
7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.

How to Apply Venus Pipes and Tubes IPO Groww App?

1. Log in to the Groww application on your mobile.
2. Now you can see IPOs and Click on IPO.
3. You will see the IPO Name “Venus Pipes and Tubes”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form.
6. Now go to your UPI App on Net Banking or BHIM App to approve the payment process.

How to Apply Venus Pipes and Tubes IPO through Paytm Money App?

1. Log in to the Paytm Money application on your mobile.
2. Now you can see Invest is IPOs Section and Click on IPO.
3. You will see the IPO Name “Venus Pipes and Tubes”.
4. Click on Bid Button.
5. Enter your UPI ID, Quantity, and Price.
6. Submit IPO Application Form.
7. Now go to your UPI App on Net Banking or BHIM App to Approve the payment process.




Conclusion:- I hope this article is helpful for you if you have any queries regarding IPO and upcoming IPO you can comment down below.





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