Venus Pipes & Tubes IPO date is not fixed yet, the IPO is to hit the market in May 2022 as per the market speculations. Venus Pipes & Tubes IPO to raise around ₹[.] crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to [.] equity shares of ₹10 each. The retail quota is [.]% while QIB is [.]% and HNI is [.]%.
Gujarat Based Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel tubular products like stainless steel pipes and tubes. The company’s manufacturing plant is located in Kutch, Gujarat, The production facility is spread across 11 acres area. They have an installed capacity of 10,800 MT per annum. The company has a global presence in more than 18 countries internationally.
Venus Pipes product range includes 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. They sell their products in local markets of India and countries including Brazil, the UK, Israel, and European Union, etc. You can check Venus Pipes & Tubes IPO subscription status and Venus Pipes & Tubes IPO allotment status on their respective pages.
Venus Pipes & Tubes 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 & Tubes IPO Review (Good or Bad)
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Venus Pipes & Tubes IPO Date & Price Band
| IPO Open: | 2022 |
| IPO Close: | 2022 |
| IPO Size: | Approx ₹[.] Crores |
| Fresh Issue: | Approx ₹[.] Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹[.] to ₹[.] Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | [.]% |
| QIB Quota: | [.]% |
| NII Quota: | [.]% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Venus Pipes & Tubes IPO Market Lot
The Venus Pipes & Tubes IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
| Minimum Lot Size: | Minimum [.] Shares for 1 lot |
| Minimum Amount: | ₹[.] for 1 lot |
| Maximum Lot Size: | Maximum [.] Shares for 13 lot |
| Maximum Amount: | ₹[.] for 13 lot |
Venus Pipes & Tubes IPO Allotment & Listing Dates
The Venus Pipes & Tubes IPO date is 2022 and the close date is 2022. The Venus Pipes & Tubes IPO allotment will be finalized on 2022 and the IPO listing on 2022.
| Price Band Announcement: | 2022 |
| Anchor Investors Allotment: | 2022 |
| IPO Open Date: | 2022 |
| IPO Close Date: | 2022 |
| Basis of Allotment: | 2022 |
| Refunds: | 2022 |
| Credit to Demat Account: | 2022 |
| IPO Listing Date: | 2022 |
Venus Pipes & Tubes IPO Form
How to apply for the Venus Pipes & Tubes IPO? You can apply for Venus Pipes & Tubes 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 & Tubes IPO in the Invest section. The other option is you can apply for Venus Pipes & Tubes IPO via IPO forms download via NSE and BSE. Check out the Venus Pipes & Tubes forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Venus Pipes & Tubes 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 & Tubes IPO Valuation – FY2021
Check Venus Pipes & Tubes 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
Company Promoters
- Megharam Sagramji Choudhary
- Jayantiram Motiram Choudhary
- Dhruv Mahendrakumar Patel
- Arun Axaykumar Kothari
Venus Pipes & Tubes IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: venus.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Venus Pipes & Tubes IPO Allotment Status Check
Check Venus Pipes & Tubes IPO allotment status on KFintech website allotment URL. Click Here
Venus Pipes & Tubes IPO Lead Managers
- Emkay Global Financial Services Ltd
- InCred Capital Financial Services Pvt Ltd
Company 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/
Venus Pipes & Tubes IPO FAQs
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When Venus Pipes & Tubes IPO will open?
What is Venus Pipes & Tubes IPO Investors Portion?
The investors’ portion for QIB is [.]%, NII is [.]%, and Retail is [.]%.
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Note: The Venus Pipes & Tubes IPO price band and date will be added as it will be officially announced. The IPO grey market premium (Venus Pipes & Tubes IPO Premium) will be added on the IPO grey market page as it will start).