Venus Pipes & Tubes Limited IPO
Venus Pipes & Tubes Limited IPO is listed on BSE and NSE, priced at ₹310–₹326 per share. The stock debuted at ₹337.5, delivering a listing gain of 3.5%. The IPO had a lot size of ₹46 shares and a minimum investment of ₹14,996.
Venus Pipes & Tubes Limited IPO
- IPO Dates
- May 11, 2022 – May 13, 2022
- Price band
- ₹310-326 per equity share
- Minimum Investment
- ₹14,996
- Issue size
- Fresh Issue : 5,074,100 shares of ₹10(aggregating up to ₹165.42 Cr)
- Lot size
- 46
- Allotment Date
- May 19, 2022
- Listing
- May 24, 2022
- Listing At
- BSE, NSE
IPO timeline
-
May 11, 2022
Open Date
Completed
-
May 13, 2022
Close Date
Completed
-
May 19, 2022
Allotment Date
Completed
-
May 24, 2022
Listing Date
Completed
Price Summary
- Last closing
- 1,308.00 (301.23%)
- 52 week high
- 1,660.00
- 52 week low
- 890.00
- Last update
Venus Pipes & Tubes Limited IPO Essentials
Venus Pipes & Tubes Limited IPO Details
Venus Pipes & Tubes Limited IPO is priced at ₹310-326 per share with a total issue size of Fresh Issue : 5,074,100 shares of ₹10(aggregating up to ₹165.42 Cr). The IPO has a lot size of 46 shares and is listed on BSE and NSE.
- Issue price
- ₹310-326 per equity share
- Lot size
- 46 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Fresh Issue : 5,074,100 shares of ₹10(aggregating up to ₹165.42 Cr)
- Listing at
- BSE, NSE
- List price
- 337.50(NSE)
- Listing date
- Registrar
- KFin Technologies Limited
- Lead manager
-
SMC Capitals Limited
Venus Pipes & Tubes Limited IPO Analytics
Venus Pipes & Tubes Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Venus Pipes & Tubes Limited IPO Subscription Status
Venus Pipes & Tubes Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 1,014,864 |
761,115
|
1,775,935 | 3,551,914 |
|
Day 1
11-05-22 05:00 PM
|
0.36 x |
0.98x
|
4.10 x | 2.36 x |
|
Day 2
12-05-22 05:00 PM
|
0.36 x |
2.59x
|
7.52 x | 4.42 x |
|
Day 3
13-05-22 05:00 PM
|
12.02 x |
15.66x
|
19.04 x | 16.31 x |
Venus Pipes & Tubes Limited Valuations
Earnings
- EPS (Post IPO)
- ₹11.66/-
- P/E Ratio
- 27.97
Returns
- RoNW
- 59.18%
Venus Pipes & Tubes Limited Financials( In Crs.)
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 137.53 | 107.19 | 79.12 | N/A |
| Revenue | 312.03 | 179.32 | 120.50 | N/A |
| Profit After Tax | 23.63 | 4.12 | 3.75 | N/A |
Venus Pipes & Tubes Limited Company & Offer Insights
About Venus Pipes & Tubes Limited
Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel pipes and tubes. The company is manufacturing stainless steel tube products in two broad categories - seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel box pipes.Venus Pipes & Tubes Limited has one manufacturing plant which is located at Bhuj-Bhachau highway, Dhaneti (Kutch, Gujarat) with an installed capacity of 10,800 MT per annum.The company sells products in both domestic and international markets. Venus Pipes & Tubes exports its products to 18 countries including Brazil, the UK, Israel and countries in the European Union, etc.
Venus Pipes & Tubes Limited Promoter(s)
Megharam Sagramji Choudhary, Jayantiram Motiram Choudhary, Dhruv Mahendrakumar Patel, Arun Axaykumar Kothari are the company's promoters of Venus Pipes & Tubes Limited.
Venus Pipes & Tubes Limited IPO Issue Objectives
- •
- To meet long-term working capital requirements.
- •
- General corporate purposes.
- •
- inancing project costs for capacity growth, technology upgrades, operational cost optimization, manufacturing facility support, and backward integration for hollow pipe manufacturing.
Venus Pipes & Tubes Limited IPO - Anchor Investors
Venus Pipes & Tubes raises Rs 49.62 crore from anchor investors ahead of IPO.
Nippon India Small Cap Fund has bought 7 lakh equity shares of Venus Pipes and Kotak Mahindra Life Insurance Company 6.06 lakh shares through the anchor book. India SME Investments-Fund 1 also participated in the offer and acquired 2.15 lakh shares of the company.
Venus Pipes & Tubes Limited IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Venus Pipes | 4.12 | 28 | 59.18% | 312 |
| Jindal Saw | 0.41 | 6 | 8.02% | 10,664 |
| Ratnamani Metals | 5.45 | 35 | 18.60% | 2,298 |
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Venus Pipes & Tubes Limited IPO is a book-built IPO worth ₹Fresh Issue : 5,074,100 shares of ₹10(aggregating up to ₹165.42 Cr). The price band is ₹310–₹326 per share. The IPO opens on May 11, 2022 and closes on May 13, 2022. It will be listed on BSE and NSE. KFin Technologies Limited is the registrar.
The price band of Venus Pipes & Tubes Limited IPO is ₹310 to ₹326 per share.
The lot size of Venus Pipes & Tubes Limited IPO is 46 shares.
The minimum investment for Venus Pipes & Tubes Limited IPO is approximately ₹14,996 based on the upper price band .
Venus Pipes & Tubes Limited IPO opens on May 11, 2022 and closes on May 13, 2022.
The allotment date of Venus Pipes & Tubes Limited IPO is May 19, 2022.
Venus Pipes & Tubes Limited IPO is expected to be listed on May 24, 2022, on BSE and NSE .
Venus Pipes & Tubes Limited IPO listed on May 24, 2022. It was issued at ₹337.50(NSE) and is currently around ₹1308.00 as on 14-May-2026 3:30 PM, which is approximately 301.2% versus issue price. The 52-week high is ₹1,660.00.
Based on listing and post-listing performance, Venus Pipes & Tubes Limited IPO delivered around 301.2% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Venus Pipes & Tubes Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Venus Pipes & Tubes Limited IPO valuation snapshot: P/E 27.97, EPS ₹11.66/-, P/B N/A, RoNW 59.18%, and market cap N/A.
To apply for Venus Pipes & Tubes Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Venus Pipes & Tubes Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Venus Pipes & Tubes Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Venus Pipes & Tubes Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Venus Pipes & Tubes Limited IPO allotment status on IPO Ji for quick and easy access.