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Venus Pipes IPO Date, Review, Price, Allotment, Analysis Details

Table of Contents

Venus Pipes IPO date is fixed, the IPO is to hit the market on May 11 and will close on May 13, 2022. Venus Pipes & Tubes IPO to raise around ₹165 crores via IPO that comprises fresh issue of ₹165 crores and offer for sale up to [.] equity shares of ₹10 each. The retail quota is 35% while QIB is 50% and HNI is 15%.

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. They have an installed capacity of 10,800 MT per annum. The company has a global presence in more than 18 countries internationally.

Venus Pipes product range includes Stainless Steel High Precision and Heat Exchanger Tubes, Stainless Steel Hydraulic and Instrumentation Tubes, Stainless Steel Seamless Pipes, Stainless Steel Welded Pipes, and Stainless Steel Box Pipes. They sell their products in local markets of India and countries including Brazil, the UK, Israel, and European Union, etc. You can check Venus Pipes IPO subscription status and Venus Pipes IPO allotment status on their respective pages.

Venus Pipes IPO Important Details:

  • Specialization in stainless steel tubular products.
  • Exporting their products in 18 countries internationally.
  • The production facility is spread across 11 acres area based in Kutch.
  • The production capacity of 10,800 MT per annum.
  • With a highly dedicated and young team, They aim to become the forerunner of the tubular solutions industry.
Venus Pipes

    Venus Pipes IPO Review (Good or Bad)

    • May Apply

    Brokerage Firm IPO Review

    • Not Rated

    Venus Pipes IPO Date & Price Band

     Venus Pipes IPO Open: May 11, 2022
     Venus Pipes IPO Close: May 13, 2022
     Venus Pipes IPO Size: Approx ₹165 Crores
     Fresh Issue: Approx ₹165 Crores
     Offer for Sale: Approx [.] Equity Shares
     Face Value: ₹10 Per Equity Share
     Venus Pipes IPO Price Band: ₹310 to ₹326 Per Share
     Venus Pipes IPO 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
     Venus Pipes IPO Open Date: May 11, 2022
     Venus Pipes IPO Close Date: May 13, 2022
     Basis of Allotment: May 19, 2022
     Refunds: May 20, 2022
     Credit to Demat Account: May 23, 2022
     Venus Pipes IPO Listing Date: May 24, 2022

    Venus Pipes IPO Form

    How to apply for the Venus Pipes IPO? You can apply for Venus Pipes IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Venus Pipes IPO in the Invest section. The other option is you can apply for Venus Pipes IPO via IPO forms download via NSE and BSE. Check out the Venus Pipes forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

    Venus Pipes Company Financial Report

      ₹ in Crores
    RevenueExpensePAT
    2019₹121₹116₹3.75
    2020₹179₹172₹4.13
    2021₹312₹281₹23.63
    2022 3M
    ₹82₹73₹6.81

    Venus Pipes IPO Valuation – FY2021

    Check Venus Pipes IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

     Earning Per Share (EPS): ₹18.04 per Equity Share
     Price/Earning P/E Ratio: N/A
     Return on Net Worth (RoNW): 59.18%
     Net Asset Value (NAV): 30.48 per Equity Share

    Peer Group

    • Jindal Saw Limited
    • Ratnamani Metal & Tubes Limited

    Company Promoters

    • Megharam Sagramji Choudhary
    • Jayantiram Motiram Choudhary
    • Dhruv Mahendrakumar Patel
    • Arun Axaykumar Kothari

    Venus Pipes IPO Registrar

    KFin Technologies Limited
    Phone: 04067162222, 04079611000
    Email: [email protected]
    Website: https://karisma.kfintech.com/

    Venus Pipes IPO Allotment Status Check

    Check Venus Pipes IPO allotment status on KFintech website allotment URL. Click Here

    Venus Pipes IPO Lead Managers

    • Emkay Global Financial Services Ltd
    • InCred Capital Financial Services Pvt Ltd

    Company Address

    Venus Pipes Limited
    Survey No. 233/2 and 234/1, Dhaneti
    Bhuj, Kachchh – 370020 Gujarat
    Phone: +91 2836 232 183/84
    Email: [email protected]
    Website: https://www.venuspipes.com/

    Venus Pipes IPO FAQs

    What is Venus Pipes IPO?

    Venus Pipes IPO is a main-board IPO. They are going to raise ₹165 Crores via IPO. The issue is priced at 310 to 326 per equity share. The IPO is to be listed on BSE & NSE.

    When Venus Pipes IPO will open?

    The IPO is to open on May 11, 2022 for QIB, NII, and Retail Investors.

    What is Venus Pipes IPO Investors Portion?

    The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

    How to Apply the Venus Pipes IPO?

    You can apply Venus Pipes IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the Venus Pipes IPO through Zerodha?

    Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Venus Pipes”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

    How to Apply the Venus Pipes IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Venus Pipes”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

    How to Apply the Venus Pipes IPO through Paytm Money?

    Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Venus Pipes”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

    What is Venus Pipes IPO Size?

    Venus Pipes IPO size is ₹165 crores.

    What is Venus Pipes IPO Price Band?

    Venus Pipes IPO Price Band is ₹310 to ₹326.

    What is Venus Pipes IPO Minimum and Maximum Lot Size?

    The minimum bid is 46 Shares with ₹14,996 amount while the maximum bid is 598 shares with ₹194,948.

    What is the Venus Pipes IPO Allotment Date?

    Venus Pipes IPO allotment date is May 19, 022.

    What is the Venus Pipes IPO Listing Date?

    Venus Pipes IPO listing date is May 24, 022. The IPO is to list on BSE and NSE.

    Note: The Venus Pipes IPO price band and date are announced officially announced. The IPO grey market premium (Venus Pipes IPO Premium) will be added to the IPO grey market page as it will start).


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