Exchanges
BSE, NSE
Industry
Iron & Steel Products
Issue
Book building

Venus Pipes & Tubes IPO

₹354.35

+8.70% on listing

Listing-day close · NSE · 24 May 2022 · issue price ₹326

Venus Pipes & Tubes’ ₹165 crore IPO was priced at ₹326 a share. It listed on the NSE on 24 May 2022 and closed its first day at ₹354.35, up 8.70% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹165 Cr
Fresh issue
₹165 Cr
Offer for sale
—
Lot size
46 shares
Minimum investment
₹14,996
Face value
₹10
Registrar
Kfin Technologies

Subscription

Venus Pipes & Tubes IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—9.56×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹662 Cr
ROE
59.00%
ROCE
61.00%
Debt to equity
0.94
EBITDA margin
11.24%
PAT margin
7.57%
Promoter holding
64.27% → 48.20%

From the offer documents.

Listing

Listing date
24 May 2022
Issue price
₹326
Open
₹337.50
High
₹354.35
Low
₹337.00
Close
₹354.35

Listing day on the NSE. The close was +8.70% on the issue price.

VENUSPIPES share price today

FAQs

When did the Venus Pipes & Tubes IPO open and close?

It opened on 11 May 2022 and closed on 13 May 2022.

What was the Venus Pipes & Tubes IPO price?

The price band was ₹310–326 a share. The final issue price was ₹326.

What is the lot size and minimum investment?

One lot is 46 shares, ₹14,996 at ₹326 a share. Retail investors apply in whole lots.

How much did Venus Pipes & Tubes raise?

₹165 crore: ₹165 crore of new shares.

How many times was the Venus Pipes & Tubes IPO subscribed?

9.56 times overall.

How did Venus Pipes & Tubes list?

It listed on the NSE on 24 May 2022 at ₹337.50 and closed the day at ₹354.35, up 8.70% on the ₹326 issue price.

Who is the registrar of the Venus Pipes & Tubes IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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