Venus Pipes IPO Subscription Status Live Update from NSE & BSE

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Venus Pipes IPO subscription status is to start on May 11, 2022, Wednesday. Venus Pipes is a mainline IPO. The IPO is been subscribed by QIB, NII, and Retail investors. They are going to raise ₹165 crores via IPO which comprises a fresh issue of ₹165 crores. The IPO price band is fixed at ₹310 to ₹326 with a market lot of 46 shares. Venus Pipes & Tubes 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 revenues of ₹312 in 2021 against revenues of ₹179 in 2020. The company’s financial report looks good and the profit is increased 5-6 times in 2021 against 2020. Please check the Venus Pipes IPO subscription status details over here.

IPOWatch View: We recommend investors may apply for an IPO with a long-term view. Investors should also look at the Retail and HNI numbers before investing. You can check the Venus Pipes IPO allotment status here.

Venus Pipes

    Venus Pipes IPO Subscription Status (Live Update – Day 3)

    IPO Subscribed Till Now – 5:00 PM

    CategoryDay 1Day 2Day 3

    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 Subscription 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 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 IPO Subscription Status FAQs:

    When Venus Pipes IPO Subscription will start?

    The IPO subscription starts on May 11, 2022 for QIB, NII, and Retail Investors.

    How much is Venus Pipes IPO subscribed Today?

    The IPO subscribed 16.31x times on day 3.

    What is Venus Pipes IPO Retail subscription status?

    The RII subscription is 19.04x on day 3.

    How to subscribe Venus Pipes 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 Venus Pipes IPO Subscription Numbers Today?

    One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and NSE websites. One can check the live subscription on NSE or NSE website on the particular IPO page.

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