Venus Pipes & Tubes is established in 2015.
Venus Pipes & Tubes is a one of the growing stainless steel pipes and tubes manufacturer and exporter in India having over six years of experience in manufacturing of stainless steel tubular products in two broad categories seamless tubes/pipes and welded tubes/pipes, under which they are currently manufacturing five product lines, namely, stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes, stainless steel box pipes (“Products”).
Under our brand name “Venus”, They supply the Products for applications in diverse sectors including chemicals, engineering, fertilizers, pharmaceuticals, power, food processing, paper, oil and gas. They have one manufacturing plant which is strategically located at Bhuj-Bhachau highway, Dhaneti ,Kutch. The company have an in-house quality team comprising of 27 dedicated workders, The quality control team verifies that all of the raw materials and finished goods are tested for all quality factors in order to ensure that we meet international product standards.
Venus Pipes & Tubes IPO Promotors
1) Megharam Sagramji Choudhary
2) Jayantiram Motiram Choudhary
3) Dhruv Mahendrakumar Patel
4) Arun Axaykumar Kothari
Competitive Strengths
1) Experienced & Qualified Team
2) Multi-fold demand of Products.
3) Customer Diversification
4) Specialised production of Stainless-Steel Pipes and Tubes
5) International Accreditations and product approvals.
Venus Pipes & Tubes IPO Date, Details & Price Band
| IPO Opening Dates | 11 May 2022 |
| IPO Closing Dates | 13 May 2022 |
| Price Band | 310-326 ₹ |
| Offer For Sale | NIL |
| Fresh issue | 165.42 Crore |
| Total IPO size | 165.42 Crore |
| Minimum bid (lot size) | 46 Shares |
| Face Value | 10 INR Per Share |
| QIB Allocation | 50% |
| Retail Allocation | 35% |
| Non-Institutional | 15% |
| Listing On | BSE,NSE |
Venus Pipes & Tubes IPO Market Lot
The Venus Pipes & Tubes IPO minimum market lot is 46 shares With 14,996 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 46 | 14,996 Rs |
| Maximum | 13 | 598 | 1,94,948 Rs |
Financial Record of the last year (In Millions)
Financial Period : 31-Mar-21 (Restated Consolidated)
Total Assets : 1,375.39
Total Revenue : 3,120.31
Profit After Tax : 236.32
Basic Earnings Per Share (EPS) FY2021 : 18.04 INR
Venus Pipes & Tubes IPO GMP & Grey Market Premium
Venus Pipes & Tubes IPO GMP Grey market premium has been started today. Check Latest Venus Pipes & Tubes IPO GMP, Kostak Rates and Subject to Sauda Price here.
Venus Pipes & Tubes IPO Prospectus
| DRHP | Download |
| RHP | |
Venus Pipes & Tubes IPO Reviews
Angel Broking – Update Soon
Choice Broking – Update Soon
Prabhudas Lilladher – Update Soon
Venus Pipes & Tubes IPO Allotment Date & Details
| Allotment Date | 19 May 2022 |
| Initiation of refunds | 20 May 2022 |
| Transfer of shares to Demat accounts | 23 May 2022 |
| Listing Date | 24 May 2022 |
| Check Allotment Status | Click here |
Registrar of Venus Pipes & Tubes IPO
KFIN TECHNOLOGIES PRIVATE 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
Contact person: M Murli Krishna
SEBI Registration No.:INR000000221
Venus Pipes & Tubes Contact Details
Survey No. 233/2 and 234/1,
Dhaneti, Bhuj, Kachchh
370020 Gujarat, India.
Phone: +91 2836 232 183/84
Email: [email protected]
Website: https://www.venuspipes.com/
Venus Pipes & Tubes IPO Lead Managers
SMC Capitals Limited
E- 401/402, Lotus Corporate Park,
Off Western Express Highway,
Jai Coach Signal, Goregaon (East), Mumbai – 400063
Tel: 022 – 66481818
E-mail: [email protected]
Investor Grievance e-mail: [email protected]
Website: www.smccapitals.com
Contact Person: Mr. Satish Mangutkar/ Mr. Ankur Sharma
SEBI Registration Number: INM000011427