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 IPO GMP Today, Details | Venus Pipes Grey Market News

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 rateRs. 350
Subject to rateRs 900
Venus Pipes IPO GMP

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 Date19 May 2022
Initiation of refunds20 May 2022
Transfer of shares to Demat accounts23 May 2022
Listing Date24 May 2022
Face Value10 Per Equity Share
Issue Price
Issue Size
Market Lot (Minimum Amount)
Listing At GroupBSE,NSE
Lead ManagerSMC Capitals Limited
RegistrarkFin Technologies Limited
Retail Portion35 %
venus pipes ipo gmp

Venus Pipes Tubes IPO Company Financials ( In Crs.)

Total Assets Total Revenue Profit After Tax
31/03/2021137.53312.0323.63
31/03/2020107.19179.324.12
31/03/201979.12120.503.75
venus pipes ipo gmp

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 ipo gmp

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 ipo gmp

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/

Venus Pipes Tubes IPO FAQs

  1. How to Apply the Venus Pipes Tubes IPO through Upstox?

    Enter your credentials into the Upstox Application. Choose the IPO. The IPO name will be “Venus Pipes & Tubes.” Choose the Bid Button. Please verify your application. Now, go to your Net Banking UPI App or BHIM App to approve the mandate. Open your Upstox Demat Account.

  2. How to Apply the Venus Pipes Tubes IPO through Groww?

    Log in to Groww Application with your credentials. Select the IPO. You will see the IPO Name “Venus Pipes & Tubes”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or Google Pay to Approve the mandate. Open Demat Account with Groww.

  3. What is Venus Pipes Tubes IPO Size?

    Venus Pipes & Tubes IPO size is ₹[.] crores.

  4. What is Venus Pipes Tubes IPO Price Band?

    Venus Pipes & Tubes IPO Price Band is ₹[.] to ₹[.].

  5. What is the Venus Pipes Tubes IPO Allotment Date?

    Venus Pipes & Tubes IPO allotment date is May 19, 022.

  6. What is the Venus Pipes Tubes IPO Listing Date?

    Venus Pipes & Tubes IPO listing date is May 24, 022. The IPO is to list on BSE and NSE.

  7. When Venus Pipes & Tubes IPO will open?

    IPO open on 11th May

  8. What is Venus Pipes & Tubes IPO GMP Today?

    Update soon

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