Venus Pipes IPO listing date is fixed, The IPO is to list on May 24, Tuesday at 10:00 AM.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. They have an installed capacity of 10,800 MT per annum. The IPO was subscribed 16.31x times comprises of Qualified Institutional Buyer (QIB) 12.02x, Non-institutional Bidders (NII) 15.66x, and Retail (RII) 19.04x. The stock will list in T Group. The scrip will be in the Trade-for-Trade segment for 10 trading days. As per the market speculations the stock might list in between the ₹350 to ₹370 range. Check out the Venus Pipes IPO listing details as given below:
Latest Update: Venus Pipes IPO is listed at a 4% premium on NSE. Venus Pipes share price is listed at ₹337.50 on NSE and ₹335.00 on BSE respectively. The Venus Pipes stock price hit the 5% circuit after the listing. Happy Investing!
Venus Pipes Share Price Live Quote
| Details | BSE Listing | NSE Listing |
| IPO Price | ₹326.00 | ₹326.00 |
| List Price | ₹335.00 | ₹337.50 |
| High Price | ₹351.75 | ₹354.35 |
| Low Price | ₹335.00 | ₹337.00 |
| Close Price | ₹351.75 | ₹354.35 |
| Volume | 41,274 | 1,214,057 |
Venus Pipes IPO Listing Details
| BSE Code | 543528 |
| NSE Code | VENUSPIPES |
| Group | T Group |
| ISIN No | INE0JA001018 |
| Offer Price | ₹326 |
| Face Value | ₹10 |
| Listing Date | May 24, 2022, Tuesday |
BSE Notice of Listing: Notice
Venus Pipes IPO Subscription Status (Live Update – Day 3)
IPO Subscribed Till Now – 5:00 PM
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.36 | 0.36 | 12.02 |
| NII | 0.92 | 2.59 | 15.66 |
| Retail | 4.00 | 7.52 | 19.04 |
| Total | 2.30 | 4.42 | 16.31 |
Venus Pipes IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Venus Pipes IPO 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 Listing FAQs:
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