Vibhor Steel Tubes Limited IPO
MainboardIron & Steel Products
Listed On: Feb 20, 2024 at ₹ 425.0(NSE)
₹ 14949 /99 Shares
Check AllotmentPrice Summary
Last Closing
152.54 (1.02%)52 Week High
298.8052 Week Low
125.00Last Update
17-Jun-2025 3:30 PM13 Feb, 2024
Open Date15 Feb, 2024
Close Date16 Feb, 2024
Allotment Date20 Feb, 2024
Listing DateIssue Price
₹141-151 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedList Price
425.0(NSE)Listing Date
2024-02-20Market Lot
Retail : 99 Shares (₹14,949/-)sHNI : 1,386 Shares (₹2,09,286/-)
bHNI : 6,633 Shares (₹10,01,583/-)
Lead Manager
Khambatta Securities LimitedIssue Size
Approx 72 CroresRetail Portion
35% (Number of Retail Applications: 16,793 Approx),(Number of S-HNI Applications : 171 Approx),
(Number of B-HNI Applications : 343 Approx)
Subscription
298.64 timesVibhor Steel Tubes Limited IPO Details
Vibhor Steel Tubes Limited IPO is a book-built issue of ₹72.17 crores, The total issue size is ₹72.17 crores. The IPO of Vibhor Steel Tubes Limited is priced at ₹141-151 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Feb 13, 2024 and ends on Feb 15, 2024. The allotment for Vibhor Steel Tubes Limited IPO will be finalized on Feb 16, 2024. Vibhor Steel Tubes Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Feb 20, 2024. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Limited is the registrar of the issue.
Retail investors can bid for a minimum of 99 shares, extendable to 14,949. S-HNIs will be able to bid for 1,386 shares at ₹2,09,286, while B-HNIs can also apply for a bid of 6,633 shares at ₹10,01,583. The book-running lead manager for the IPO is/are Khambatta Securities Limited.
The total issue ₹72.17 crore, comprising a fresh issue of 47,79,444 shares ₹72.17 crore and
The Vibhor Steel Tubes Limited IPO sets its price band at 141-151 for each share. A single application for Vibhor Steel Tubes Limited IPO must contain at least 99 shares. Sentiment investors need to invest a minimum of 99 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,949 In order to participate in the sNII, investors must purchase at least 14 lots of 1,386 shares for ₹2,09,286, while the bNII requires 67 lots of 6,633 shares for an investment of ₹10,01,583.
Vibhor Steel Tubes Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 950,064 | 712,491 474,995 237,497 | 1,662,479 | 3,354,537 |
| Day 1 - 13-02-24 05:00 PM | 3.56 x | 48.33 43.42 x 58.14 x | 32.51 x | 27.63 x |
| Day 2 - 14-02-24 05:00 PM | 8.52 x | 252.20 236.71 x 283.16 x | 90.28 x | 101.42 x |
| Day 3 - 15-02-24 05:00 PM | 178.73 x | 721.22 704.42 x 754.83 x | 187.79 x | 298.64 x |
Vibhor Steel Tubes Limited Valuations
EPS Pre IPO
₹14.85/-EPS Post IPO
₹8.99/-P/E Pre IPO
10.17P/E Post IPO
16.80ROE
25.51%ROCE
16.48%Debt/Equity
1.63RoNW
22.60%Price to Book Value
2.30Vibhor Steel Tubes Limited Company Financials All values are in ₹ Cr.
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 293.63 | 248.54 | 172.93 |
| Revenue | 1,114.38 | 818.48 | 511.51 |
| Profit After Tax | 21.07 | 11.33 | 0.69 |
| Net Worth | 93.20 | 71.97 | 60.49 |
| Total Borrowing | 126.83 | 106.07 | 58.74 |
About The Company
Vibhor Steel Tubes Limited manufactures, exports and supplies steel pipes and tubes to various heavy engineering industries in India.
The company's product portfolio includes:
ERW pipes for application in water transport, oil, gas and other non-toxic supplies.
Hot-dipped galvanized pipes for application in agriculture and infrastructure.
Hollow section pipes in square and rectangular forms.
Primer painted pipes
Crash barriers for application in railways, highways, and roads.
The company has two manufacturing facilities in Raigad, Maharashtra and Mahabubnagar (Dist.), Telangana and a warehouse in Hisar, Haryana.
As of September 28,2023, the company had a total of 636 employees, including workers.
Vibhor Steel Tubes Limited - Promoter(s)
Pre Issue Share Holding: 98.24%
Post Issue Share Holding: N/A%
- Mr. Vijay Kaushik
- Mr. Vibhor Kaushik
- Mrs. Vijay Laxmi Kaushik
- M/s. Vijay Kaushik HUF
Vibhor Steel Tubes Limited IPO - Issue Objectives
- Funding of working capital requirements of the company
- General corporate purposes.
Vibhor Steel Tubes Limited IPO - Anchor Investors
Other Details
Vibhor Steel Tubes Limited
Plot No. 2, Industrial Development Colony, Delhi Road, Hisar -125005Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: vibhor.ipo@kfintech.com
Vibhor Steel Tubes Limited IPO - FAQs
Ans. Vibhor Steel Tubes Limited IPO is a Mainboard IPO. The issue is priced at ₹141-151 per equity share. The minimum order quantity is 99 Shares. The IPO opens on Feb 13, 2024, and closes on Feb 15, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Vibhor Steel Tubes Limited IPO opens on Feb 13, 2024 and closes on Feb 15, 2024.
Ans. The size of Vibhor Steel Tubes Limited IPO is Approx 72 Crores.
Ans. The IPO price band is set between ₹141-151 per equity share.
Ans. To apply for Vibhor Steel Tubes Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Vibhor Steel Tubes Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Vibhor Steel Tubes Limited IPO is Feb 16, 2024.
Ans. The Vibhor Steel Tubes Limited IPO will be listed on Feb 20, 2024.
Ans. Follow the steps to check the allotment status for Vibhor Steel Tubes Limited IPO here.
