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Venus Pipes IPO GMP, Grey Market Premium & Kostak Rates Today

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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.

Venus Pipes & Tubes

    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
    KostakSubject 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:

    What is Venus Pipes IPO GMP Today?

    Venus Pipes IPO GMP is ₹30 as of today.

    What is Venus Pipes IPO Kostak Rate Today?

    Venus Pipes IPO Kostak Rate is ₹300 as of today.

    What is Venus Pipes IPO Subject to Sauda Today?

    Venus Pipes IPO Subject to Sauda is ₹1000 as of today.

    What is Venus Pipes IPO Expected Returns?

    Venus Pipes IPO Expected Returns is 5%.

    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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