Venus Pipes & Tubes IPO Date, GMP, Review, Price, Form & Market Lot Details

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

Venus Pipes & Tubes IPO
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Venus Pipes & Tubes IPO Reviews

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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

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]
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]

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]
Contact Person: Mr. Satish Mangutkar/ Mr. Ankur Sharma
SEBI Registration Number: INM000011427

Venus Pipes & Tubes IPO FAQ

What is Venus Pipes & Tubes IPO?

Venus Pipes & Tubes IPO is a Mainline IPO. They are going to raise 165.42 Crores via IPO. The issue is priced at 310-326 per equity share. The IPO is to be listed on NSE,BSE.

What is price band of Venus Pipes & Tubes IPO?

Venus Pipes & Tubes IPO price band is 310-326 Rs Per share.

What is Venus Pipes & Tubes IPO Size?

Venus Pipes & Tubes IPO size is 165.42 crore.

When is Venus Pipes & Tubes IPO will open?

Venus Pipes & Tubes IPO will open on 11 May and end on 13 May 2022.

What is Venus Pipes & Tubes IPO GMP Grey market premium?

Venus Pipes & Tubes IPO GMP Grey market premium has been started yet.

What is Venus Pipes & Tubes IPO allotment date?

Venus Pipes & Tubes IPO allotment date is 19 May 2022.

What is Venus Pipes & Tubes IPO listing date?

Venus Pipes & Tubes IPO listing date is 24 May 2022.

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