Check out Venus Pipes IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Venus Pipes IPO GMP is there with less trades in the grey market. Stay tuned for the latest IPO GMP numbers of Venus Pipes IPO.
Venus Pipes IPO is to hit the market on May 11, 2022. The company is to raise ₹165 crores via IPO which comprises a fresh issue of ₹165 crores and an offer for sale of up to [.] equity shares from promoters. Gujarat Based Venus Pipes Limited is a manufacturer and exporter of stainless steel tubular products like stainless steel pipes and tubes. The company’s manufacturing plant is located in Kutch, Gujarat, The production facility is spread across 11 acres area. The company reported revenue of ₹312 crores in 2021 against the revenues of ₹179 crores in 2020. The IPO price band is fixed at ₹310 to ₹326 Per Equity Share. The Prudent Corporate IPO to list on NSE and BSE.
What is Venus Pipes IPO GMP Today?
The Venus Pipes IPO GMP aka grey market premium is ₹30.
What is Venus Pipes IPO Kostak Rates Today?
The Venus Pipes IPO kostak rate is ₹300.
What is Venus Pipes IPO Subject to Sauda Price Today?
The Venus Pipes IPO subject to sauda rates is ₹1000.
Venus Pipes IPO Expected Returns?
The Venus Pipes expected return is 5%.
Venus Pipes IPO GMP Live Rates day by day with Kotak rates.
| Date | GMP | Kostak | Subject to |
| 24 May | ₹30 | ₹300 | ₹1000 |
| 23 May | ₹30 | ₹300 | ₹1000 |
| 21 May | ₹25 | ₹300 | ₹1000 |
| 20 May | ₹25 | ₹300 | ₹1000 |
| 19 May | ₹45 | ₹300 | ₹1000 |
| 18 May | ₹25 | ₹300 | ₹1000 |
| 17 May | ₹25 | ₹300 | ₹1000 |
| 16 May | ₹20 | ₹300 | ₹1000 |
| 13 May | ₹30 | ₹300 | ₹1000 |
| 12 May | ₹35 | ₹300 | ₹1000 |
| 11 May | ₹25 | ₹300 | ₹1000 |
| 10 May | ₹35 | ₹300 | ₹1000 |
| 09 May | ₹20 | ₹300 | ₹1000 |
| 07 May | ₹35 | ₹300 | ₹1000 |
| 06 May | ₹35 | ₹400 | ₹1200 |
| 05 May | ₹[.] | ₹400 | ₹1200 |
| 04 May | ₹[.] | ₹350 | ₹[.] |
| 03 May | ₹[.] | ₹[.] | ₹[.] |
Venus Pipes IPO Date & Price Band
| IPO Open: | May 11, 2022 |
| IPO Close: | May 13, 2022 |
| IPO Size: | Approx ₹165 Crores |
| Fresh Issue: | Approx ₹165 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹310 to ₹326 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15]% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Venus Pipes IPO Lot Size
The Venus Pipes IPO minimum market lot is 46 shares with ₹14,996 application amount. The retail investors can apply up-to 13 lots with 598 shares or ₹194,948 amount.
| Minimum Lot Size: | Minimum 46 Shares for 1 lot |
| Minimum Amount: | ₹14,996 for 1 lot |
| Maximum Lot Size: | Maximum 598 Shares for 13 lot |
| Maximum Amount: | ₹194,948 for 13 lot |
Venus Pipes IPO Allotment & Listing Dates
The Venus Pipes IPO date is May 11 and the close date is May 13. The Venus Pipes IPO allotment will be finalized on May 19 and the IPO listing on May 24.
| Price Band Announcement: | May 05, 2022 |
| Anchor Investors Allotment: | May 10, 2022 |
| IPO Open Date: | May 11, 2022 |
| IPO Close Date: | May 13, 2022 |
| Basis of Allotment: | May 19, 2022 |
| Refunds: | May 20, 2022 |
| Credit to Demat Account: | May 23, 2022 |
| IPO Listing Date: | May 24, 2022 |
Venus Pipes IPO GMP aka Grey Market Premium FAQs:
Disclaimer:
- IPO Grey Market Premium (Venus Pipes IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
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