Venus Pipes Tubes IPO GMP Today, Details | Venus Pipes Grey Market News

Venus Pipes Tubes IPO GMP: Venus Pipes & Tubes IPO date is fixed, the IPO is to hit the market on May 11 and will close on May 13, 2022. Venus Pipes & Tubes IPO to raise around ₹[.] crores via IPO that comprises fresh issue of 5,074,100 equity shares and offer for sale up to [.] equity shares of ₹10 each. The retail quota is 35]% while QIB is 50% and HNI is 15%.

Venus Pipes Tubes: About Company

Venus Pipes & Tubes IPO is a growing stainless steel pipes and tubes manufacturer and exporter in India, with over six years of experience in manufacturing stainless steel tubular products in two broad categories: seamless tubes/pipes and welded tubes/pipes, under which they are currently manufacturing five product lines: stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipe.

Venus pipes and tubes IPO GMP: They supply the Products under our brand name “Venus” for applications in a wide range of industries, including chemicals, engineering, fertilizer, pharmaceuticals, power, food processing, paper, oil and gas. They have one manufacturing plant in Dhaneti, Kutch, which is strategically positioned on the Bhuj-Bhachau highway. The company has in quality team of 27 committed workers who ensure that all raw materials and finished goods are tested for all quality factors in order to ensure that we fulfil worldwide product standards.

Venus Pipes Tubes IPO GMP & Grey Market Premium

On 7 May 2022	@ 12:00PM
Gray Market Premium	Rs. 0
Application rate	Rs. 350
Subject to rate	Rs 900

Venus Pipes Tubes IPO Promotors

1. Megharam Sagramji Choudhary
2. Jayantiram Motiram Choudhary
3. Dhruv Mahendrakumar Patel
4. Arun Axaykumar Kothari

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
Face Value	10 Per Equity Share
Issue Price	–
Issue Size	–
Market Lot (Minimum Amount)	–
Listing At Group	BSE,NSE
Lead Manager	SMC Capitals Limited
Registrar	kFin Technologies Limited
Retail Portion	35 %

Venus Pipes Tubes IPO Company Financials ( In Crs.)

	Total Assets	Total Revenue	Profit After Tax
31/03/2021	137.53	312.03	23.63
31/03/2020	107.19	179.32	4.12
31/03/2019	79.12	120.50	3.75

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 Lot Size

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 Form

How do I apply for the Venus Pipes & Tubes Initial Public Offering? You can apply for the Venus Pipes & Tubes IPO using your bank account’s ASBA. Simply log in to your online banking account and apply through your bank account by selecting the Venus Pipes & Tubes IPO in the Invest section. You can also apply for the Venus Pipes & Tubes IPO by downloading IPO forms from the NSE and BSE. Check out the Venus Pipes & Tubes forms – Click BSE Forms & NSE Forms blank IPO forms download, fill out, and send to your bank or broker.

Venus Pipes Tubes IPO Valuation – FY2021-22

Check out the Venus Pipes & Tubes IPO value details such as Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).

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

Venus Pipes Tubes Peer Group

• Jindal Saw Limited
• Ratnamani Metal & Tubes Limited

Venus Pipes Tubes IPO Registrar

• KFin Technologies Limited
• Phone: 04067162222, 04079611000
• Email: venus.ipo@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 gmp IPO Lead Managers

• Emkay Global Financial Services Ltd
• InCred Capital Financial Services Pvt Ltd

Venus Pipes Tubes 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/

• This penny stock made an investment of Rs 50,000 to 4 crores in just 6 months

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Venus Pipes Tubes IPO FAQs