Vibhor Steel Tubes Limited IPO
Vibhor Steel Tubes Limited IPO is listed on BSE and NSE, priced at ₹141–₹151 per share. The stock debuted at ₹425, delivering a listing gain of 181.5%. The IPO had a lot size of ₹99 shares and a minimum investment of ₹14,949.
Vibhor Steel Tubes Limited IPO
- IPO Dates
- Feb 13, 2024 – Feb 15, 2024
- Price band
- ₹141-151 per equity share
- Minimum Investment
- ₹14,949
- Issue size
- ₹72.17 Cr
- Lot size
- 99
- Allotment Date
- Feb 16, 2024
- Listing
- Feb 20, 2024
- Listing At
- BSE, NSE
IPO timeline
-
Feb 13, 2024
Open Date
Completed
-
Feb 15, 2024
Close Date
Completed
-
Feb 16, 2024
Allotment Date
Completed
-
Feb 20, 2024
Listing Date
Completed
Price Summary
- Last closing
- 126.90 (-15.96%)
- 52 week high
- 204.99
- 52 week low
- 100.80
- Last update
Vibhor Steel Tubes Limited IPO Essentials
Vibhor Steel Tubes Limited IPO Details
Vibhor Steel Tubes Limited IPO is priced at ₹141-151 per share with a total issue size of 72.17 crore. The IPO has a lot size of 99 shares and is listed on BSE and NSE.
- Issue price
- ₹141-151 per equity share
- Lot size
- 99 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Approx 72 Crores
- Total issue size
- 47,79,444 shares
(aggregating up to ₹72.17 crore) - Fresh issue
- 47,79,444 shares
(aggregating up to ₹72.17 crore) - Listing at
- BSE, NSE
- List price
- 425.0(NSE)
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Khambatta Securities Limited
Market Lot Size
Investors can bid for a minimum of 99 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 99 | ₹14,949 |
| Retail(max) | 13 | 1,287 | ₹1,94,337 |
| sHNI(min) | 14 | 1,386 | ₹2,09,286 |
| sHNI(max) | 66 | 6,534 | ₹9,86,634 |
| sHNI(min) | 67 | 6,633 | ₹10,01,583 |
Vibhor Steel Tubes Limited IPO Reservation
Vibhor Steel Tubes Limited IPO reservation details show category-wise allocation of shares. Out of the total 4,779,444 shares, approximately 19.88% are reserved for QIB, 14.91% for NII, 34.78% for retail investors, 0.62% for employees, and 29.81% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,424,907 (29.81%) | |
| QIB Shares Offered | 950,064 (19.88%) | |
| NII (HNI) Shares Offered | 712,491 (14.91%) | |
| bHNI > ₹10L | 474,995 (9.94%) | 342 |
| sHNI < ₹10L | 237,497 (4.97%) | 171 |
| Retail Shares Offered | 1,662,479 (34.78%) | 16,792 |
| Employee Shares Offered | 29,502 (0.62%) | |
| Total Shares Offered | 4,779,444 (100%) |
Vibhor Steel Tubes Limited IPO Analytics
Vibhor Steel Tubes Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Vibhor Steel Tubes Limited IPO Subscription Status
Vibhor Steel 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
bHNI
sHNI
|
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 |
48.33x
43.42x
58.14x
|
32.51 x | 27.63 x |
|
Day 2
14-02-24 05:00 PM
|
8.52 x |
252.20x
236.71x
283.16x
|
90.28 x | 101.42 x |
|
Day 3
15-02-24 05:00 PM
|
178.73 x |
721.22x
704.42x
754.83x
|
187.79 x | 298.64 x |
Vibhor Steel Tubes Limited Valuations
Earnings
- EPS Pre IPO
- ₹14.85/-
- EPS Post IPO
- ₹8.99/-
- P/E Pre IPO
- 10.17
- P/E Post IPO
- 16.80
Returns
- ROE
- 25.51%
- ROCE
- 16.48%
- RoNW
- 22.60%
Fundamentals
- Debt / Equity
- 1.63
- Price / Book
- 2.30
Vibhor Steel Tubes Limited Financials( In Crs.)
| 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 |
Vibhor Steel Tubes Limited Company & Offer Insights
About Vibhor Steel Tubes Limited
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)
Mr. Vijay Kaushik, Mr. Vibhor Kaushik, Mrs. Vijay Laxmi Kaushik, M/s. Vijay Kaushik HUF are the company's promoters of Vibhor Steel Tubes Limited.
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
Vibhor Steel Tubes garners Rs 22 cr from anchor investors.The anchor book saw participation from only three investors, Saint Capital Fund, Chhatisgarh Investments Ltd and Neomile Growth Fund - Series I. The issue with a price band of Rs 141 to Rs 151 per share.
Vibhor Steel Tubes Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Vibhor Steel Tubes Limited | 14.85 | 14.85 | 65.71 | 10.17 | 22.6 | 2.3 | Consolidated |
| Apl Apollo Tubes Ltd. | 23.15 | 23.15 | 108.37 | 64.88 | 21.36 | N/A | Consolidated |
| Hi-tech Pipes Limited | 3.06 | 2.18 | 32.71 | 47.91 | 9.01 | N/A | Consolidated |
| Goodluck India Ltd | 33.31 | 33.31 | 227.47 | 31.01 | 14.16 | N/A | Consolidated |
| Rama Steel Tubes Ltd | 1.22 | 1.16 | 5.37 | 37.75 | 10.97 | N/A | Consolidated |
Notes:
- P/E figures for the peer group are computed based on the closing market price as on January 24, 2024, of relevant peer companies as available at BSE divided by Basic EPS for the period September 30, 2023, reported in the filings made with stock exchanges.
- Based on the offer price to be determined after completion of the book-building process and the basic EPS of the company.
- Return on net worth (%) = Net profit after tax * 100 / Net worth at the end of the year.
- Net asset value per share = Net worth at year end / No. of shares outstanding at year-end.
Contact Information
Contact Details
Vibhor Steel Tubes Limited
+91 7030322880
Plot No. 2, Industrial Development Colony, Delhi Road, Hisar -125005
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Vibhor Steel Tubes Limited IPO is a book-built IPO worth ₹72.17 crore. The price band is ₹141–₹151 per share. The IPO opens on Feb 13, 2024 and closes on Feb 15, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The price band of Vibhor Steel Tubes Limited IPO is ₹141 to ₹151 per share.
The lot size of Vibhor Steel Tubes Limited IPO is 99 shares.
The minimum investment for Vibhor Steel Tubes Limited IPO is approximately ₹14,949 based on the upper price band .
Vibhor Steel Tubes Limited IPO opens on Feb 13, 2024 and closes on Feb 15, 2024.
The allotment date of Vibhor Steel Tubes Limited IPO is Feb 16, 2024.
Vibhor Steel Tubes Limited IPO is expected to be listed on Feb 20, 2024, on BSE and NSE .
Vibhor Steel Tubes Limited IPO listed on Feb 20, 2024. It was issued at ₹425.0(NSE) and is currently around ₹126.90 as on 14-May-2026 3:30 PM, which is approximately -16.0% versus issue price. The 52-week high is ₹204.99.
Based on listing and post-listing performance, Vibhor Steel Tubes Limited IPO delivered around -16.0% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Vibhor Steel 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.
Vibhor Steel Tubes Limited IPO valuation snapshot: P/E 16.80, EPS ₹8.99/-, P/B 2.30, RoNW 22.60%, and market cap N/A.
To apply for Vibhor Steel 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 Vibhor Steel 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 Vibhor Steel Tubes Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Vibhor Steel 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 Vibhor Steel Tubes Limited IPO allotment status on IPO Ji for quick and easy access.