Vibhor Steel Tubes Limited is a manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. They are 2 decades old manufacturer, exporter, and supplier of steel pipes and tubes to various heavy engineering industries in India. Steel pipes and tubes can be used for many purposes such as steel pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes, etc. They have a very wide range of steel pipes and tube products. The lengths of the steel pipes & tubes in different ranges unless otherwise specified by the customers. They manufacture steel pipes and tubes in various shapes and sizes such as square, round, rectangular elliptical, or any special shape.
They have an in-house quality team comprising 627 dedicated personnel working under the overall supervision of their board of directors in different locations. Their quality control team ensures that their raw materials as well as end products are tested on all quality parameters to ensure that they are compliant with the international product standards.
Objects of the Issue
- Funding of working capital requirements of the company
- General corporate purposes
Vibhor Steel Tubes IPO Review (Apply or Not)
- May Apply
Vibhor Steel Tubes IPO Date & Price Band Details
IPO Open: | February 13, 2024 |
IPO Close: | February 15, 2024 |
IPO Size: | Approx ₹72.17 Crores |
Fresh Issue: | Approx ₹72.17 Crores |
Offer for Sale: | Approx ₹[.] Crores |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹141 to ₹151 Per Share |
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 |
Anchor Investors List: | Click Here |
Vibhor Steel Tubes IPO Market Lot
The Vibhor Steel Tubes IPO minimum market lot is 99 shares with ₹14,949 application amount. The retail investors can apply up-to 13 lots with 1287 shares or ₹194,337 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 99 | ₹14,949 |
Retail Maximum | 13 | 1287 | ₹194,337 |
S-HNI Minimum | 14 | 1,386 | ₹209,286 |
B-HNI Minimum | 67 | 6,633 | ₹1,001,583 |
Vibhor Steel Tubes IPO Allotment & Listing Dates
The Vibhor Steel Tubes IPO date is 2024 and the close date is January 2024. The Vibhor Steel Tubes IPO allotment will be finalized on 2024 and the IPO listing on 2024.
Anchor Investors Allotment: | February 12, 2024 |
IPO Open Date: | February 13, 2024 |
IPO Close Date: | February 15, 2024 |
Basis of Allotment: | February 16, 2024 |
Refunds: | February 19, 2024 |
Credit to Demat Account: | February 19, 2024 |
IPO Listing Date: | February 20, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Vibhor Steel Tubes IPO Form
How to apply for the Vibhor Steel Tubes IPO? You can apply for Vibhor Steel Tubes IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vibhor Steel Tubes IPO in the Invest section. The other option is you can apply for Vibhor Steel Tubes IPO via IPO forms downloaded via NSE and BSE. Check out the Vibhor Steel Tubes forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Vibhor Steel Tubes Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹511.51 | ₹507.35 | ₹0.69 |
2022 | ₹818.48 | ₹803.12 | ₹11.33 |
2023 | ₹1114.38 | ₹1086.15 | ₹21.07 |
Vibhor Steel Tubes IPO Valuation – FY2023
Check Vibhor Steel Tubes 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): | ₹14.85 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 22.60% |
Net Asset Value (NAV): | ₹65.71 per Equity Share |
Peer Group
- APL Apollo Tubes Limited
- Hi – Tech Pipes Limited
- Goodluck India Limited
- Rama Steel Tubes Limited
Company Promoters
- Mr. Vijay Kaushik
- Mr. Vibhor Kaushik
- Mrs. Vijay Laxmi Kaushik
- M/s. Vijay Kaushik HUF
Vibhor Steel Tubes IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Vibhor Steel Tubes IPO Allotment Status Check
Check Vibhor Steel Tubes IPO allotment status on Kfin Technologies website allotment URL. Click Here
Vibhor Steel Tubes IPO Lead Managers aka Merchant Bankers
- Khambatta Securities Limited
Company Address
Vibhor Steel Tubes Limited
Plot No. 2, Industrial Development Colony,
Delhi Road,
Hisar -125005
Phone: +91 7030322880
Email: [email protected]
Website: http://www.vstlindia.com/
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Note: The Vibhor Steel Tubes IPO price band and date are not officially announced yet. The IPO grey market premium (Vibhor Steel Tubes IPO Premium) will be added to the IPO grey market page as it will start).