|Issue Date||11 May 2022 - 13 May 2022|
|Issue Size||₹165.42 Cr|
|Market Lot||46 Shares|
|Shares on Offer||5,074,100|
|Subject to Sauda||₹800|
|Listing Date||24 May 2022|
Their association with stainless steel products is more than 15 years old now. Employing our vast experience as a successful trading company, we have ventured into manufacturing of stainless steel tubular products. We at Venus, ensure the finest products for our customers with twelve production lines including pilgers, tube-mills with plasma welders, draw benches, annealing furnaces and many more ancillary machinery. Superior quality and production is achieved by implementing benchmark technologies in manufacturing processes and setting up fully-equipped in-house quality control lab conferring to international standards.
With highly dedicated and young team, we aim to become the forerunner of the tubular solutions industry when it comes to products, quality, standards, material range, pricing and most importantly customer satisfaction. The production facility is spread across 57,973 sqmt area based in Kutch region of Kutch, India, which houses two major sea ports, enabling us with easy logistics.
Megharam Sagramji Choudhary, Jayantiram Motiram Choudhary, Dhruv Mahendrakumar Patel and Arun Axaykumar Kothari are the company promoters.
|Total Assets (In ₹ Millions)||1,375.39||1,071.91||791.23|
|Total Revenue (In ₹ Millions)||3,120.31||1,793.22||1,205.06|
|Profit After Tax (PAT) (In ₹ Millions)||236.32||41.28||37.50|
|Date||GMP||Kostak||Subject to Sauda|
|13 May 2022||₹28-30||₹300||₹800|
|Date & Time||QIB||NII||RII||Total|
|Day 1 - 11 May 2022||0.36||0.98||4.10||2.36|
|Day 2 - 12 May 2022||0.36||2.59||7.52||4.42|
|Day 3 - 13 May 2022||12.02||15.66||19.04||16.31|
Please click the link below to check the IPO allotment status.IPO Allotment Status
Venus Pipes & Tubes Limited IPO will open on 11 May 2022 and close on 13 May 2022.
Venus Pipes & Tubes Limited IPO will list on 24 May 2022.
The offer price of Venus Pipes & Tubes Limited IPO is ₹310-326.
The lot size of Venus Pipes & Tubes Limited IPO is 46.
The Grey Market Premium (GMP) price of Venus Pipes & Tubes Limited IPO is ₹28-30.
The Kostak price of Venus Pipes & Tubes Limited IPO is ₹300.
The Subject to Sauda price for Venus Pipes & Tubes Limited IPO is ₹800.
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