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

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 IPO Review (Good or Bad)

• May Apply

Brokerage Firm IPO Review

• Not Rated

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.

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

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).