IPO

Hariom Pipe Industries Limited IPO

Mainboard

Engineering

Listed On: Apr 13, 2022 at ₹ 220.00(NSE)

₹ 14994 /98 Shares

Check Allotment

30 Mar, 2022

Open Date

05 Apr, 2022

Close Date

08 Apr, 2022

Allotment Date

13 Apr, 2022

Listing Date
Price Summary

Last Closing

349.00 (128.1%)

52 Week High

572.20

52 Week Low

320.35

Last Update

19-Dec-2025 3:30 PM
IPO Issue Details
  • Issue Price ₹144-153 per equity share
  • Face Value ₹10 Per Equity Share
  • Issue Price 8,500,000 Eq Shares of ₹10 (aggregating up to ₹130.05 Cr)
    #Fresh Issue: 8,500,000 Eq Shares of ₹10 (aggregating up to ₹130.05 Cr)
  • Listing at BSE, NSE
  • List Price 220.00(NSE)
  • Listing Date 2022-04-13
  • Lead Manager ITI Capital Ltd
  • Registrar Bigshare Services Pvt Ltd
IPO Details
  • Retail Portion 35% (Number of Retail Applications : 30,300 Approx)
IPO Documents
DRHP
RHP
IPO Details


The IPO of is priced at ₹144-153 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Mar 30, 2022 and ends on Apr 5, 2022. The allotment for IPO will be finalized on Apr 8, 2022. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Apr 13, 2022. The company shall list its equity shares on the BSE, NSE. Bigshare Services Pvt Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are ITI Capital Ltd.


The IPO sets its price band at 144-153 for each share. A single application for Hariom Pipe Industries Limited IPO must contain at least 98 shares.

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IPO Subscription Analysis And Details
Retail
12.15x
QIB
1.91x
NII
8.87x
Total
7.93x
As on QIB NII Retail Total
Shares Offered / Reserved 2,550,000 2,975,000 2,975,000 8,500,000
Day 1 30-03-21 05:00 PM
0.00 x 0.02 1.88 x 0.67 x
Day 2 31-03-21 05:00 PM
0.44 x 0.32 3.55 x 1.48 x
Day 3 01-04-21 05:00 PM
0.44 x 0.33 4.66 x 1.88 x
Day 4 04-04-21 05:00 PM
0.82 x 1.93 7.17 x 3.43 x
Day 5 05-04-21 05:00 PM
1.91 x 8.87 12.15 x 7.93 x
Total No of Applications
327233
Subscription on the basis of Applications
10.78
Valuations
Earnings Per Share (EPS) ₹5.94/-
P/E Ratio 25.75
RoNW 21.38%
Net Asset Value (NAV) - As on 30.09.21 ₹80.91
Company Financials
In Crs.
In Cr.
31-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Assets 198.81 173.74 139.67 103.35
Revenue 201.16 254.82 161.15 133.91
Profit After Tax 12.86 15.13 7.90 8.02
About Company

Hariom Pipe Industries Limited manufactures iron and steel products including Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. The company sells and markets MS Pipes in the western and southern parts of India under the brand name Hariom Pipes. As part of the B2B sales, the company sells MS Pipes and Scaffoldings to specific developers and contractors. Hariom Pipe Industries has more than 200 dealers and distributors for selling its products. The company is located in Hyderabad, Telangana.The company operates two plants, one at Mahabubnagar District in Telangana (Unit I) that manufactures finished steel products from iron scrap and sponge iron and the second plant at Anantapur District, Andhra Pradesh (Unit II) that only manufactures Sponge Iron.Hariom Pipe Industries has more than 200 employees, 1400 plus Retailers distribution network, 150 plus manufacturing specifications, and a total of 300832 MT manufacturing capacity.

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- Promoter(s)

Mr. Rupesh Gupta

Mr. Sailesh Gupta

Pre Issue Share Holding : 99.10%

Post Issue Share Holding : N/A%

IPO - Issue Objectives
1

Capital Expenditure in relation to the expansion of manufacturing facility at Mahabubnagar, Dist., Telangana

2

Repayment of unsecured loans

3

Finance Working Capital Requirements

4

General Corporate Purposes

5

Issue Related Expenses