Hariom Pipe IPO subscription status is to start from March 30, 2022, Wednesday. The company to raise ₹130 crores via IPO at a price band of ₹144 to ₹153. The retail portion of this IPO is 35%, QIB is 30% and HNI is 35% quota. The IPO subscription will close on April 05, 2022, Tuesday. The minimum bid for the IPO is 98 shares cost ₹14,994 for 1 market lot. The face value is ₹10 per equity share.
Hariom Pipe is a manufacturer of Mild Steel (MS) Billets, Pipes and Tubes, Hot Rolled (HR) Coils, and Scaffolding Systems. They cater to various industries like housing, infrastructure, agriculture, automotive, power, cement, mining, solar power, and engineering. The company reported ₹255 crores of revenues in 2021 against ₹161 crores in 2020. The company’s financial report is looking good and the profit is going up YOY. Please check the Hariom Pipe IPO details over here.
IPOWatch View
We recommend investors apply for an IPO with a long-term view. Investors should also look at the QIB and HNI numbers as well as Hariom Pipe grey market premium movement before investing. You can check the Hariom Pipe IPO allotment status here.
Hariom Pipe IPO Subscription Status (Live Data Day 5)
Last Updated 17:00
| Category | Day 2 | Day 3 | Day 4 | Day 5 |
| QIB | 0.44 | 0.44 | 0.83 | 1.91 |
| NII | 0.32 | 0.33 | 1.93 | 8.87 |
| RII | 3.55 | 4.66 | 7.18 | 12.15 |
| Total | 1.48 | 1.88 | 3.44 | 7.93 |
Hariom Pipe 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
Hariom Pipe IPO Date & Price Band
| IPO Open: | 30 March 2022 |
| IPO Close: | 05 April 2022 |
| IPO Size: | Approx ₹130 Crores |
| Fresh Issue: | Approx ₹130 Crores |
| Offer for Sale: | Approx – Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹144 to ₹153 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 30% |
| NII Quota: | 35% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Hariom Pipe IPO Market Lot
| Minimum Lot Size: | Minimum 98 Shares for 1 lot |
| Minimum Amount: | ₹14,994 for 1 lot |
| Maximum Lot Size: | Maximum 1274 Shares for 13 lot |
| Maximum Amount: | ₹194,922 for 13 lot |
Hariom Pipe IPO Time Table
| Price Band Announcement: | 25 March 2022 |
| Anchor Investors Allotment: | 29 March 2022 |
| IPO Open Date: | 30 March 2022 |
| IPO Close Date: | 05 April 2022 |
| Basis of Allotment: | 08 April 2022 |
| Refunds: | 11 Apri l2022 |
| Credit to Demat Account: | 12 April 2022 |
| IPO Listing Date: | 13 April 2022 |
Hariom Pipe IPO Form
How to apply for the Hariom Pipe IPO? You can apply Hariom Pipe IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Hariom Pipe IPO in the Invest section. The other option you can apply for Hariom Pipe IPO via IPO forms download via NSE and BSE. Check out the Hariom Pipe forms – click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Hariom Pipe IPO Subscription Status FAQs:
When Hariom Pipe IPO Subscription will start?
The IPO subscription starts on 30 March 2022 for QIB, NII, and Retail Investors.
How much Hariom Pipe IPO subscribed?
The IPO subscribed 7.93x times on day 5.
What is Hariom Pipe IPO Retail subscription status?
The RII subscription status is 12.15x times on day 5.
How to subscribe to Hariom Pipe IPO?
You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do I check live Hariom Pipe IPO Subscription Numbers?
One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE websites. One can check the live subscription on BSE or NSE website on the particular IPO page.
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