Vibhor Steel Tubes IPO Date, Review, Price, Allotment Details

Vibhor Steel Tubes IPO Details: Vibhor Steel Tubes IPO date is fixed, the IPO is to hit the market on February 13 and will close on February 15. Vibhor Steel Tubes IPO to raise around ₹72.17 crores via IPO that comprises fresh issue of ₹72.17 crores and offer for sale up to [.] equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Vibhor Steel Tubes IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum199₹14,949
Retail Maximum131287₹194,337
S-HNI Minimum141,386₹209,286
B-HNI Minimum676,633₹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
YearRevenueExpensePAT
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/

Vibhor Steel Tubes IPO FAQs

What is Vibhor Steel Tubes IPO?

Vibhor Steel Tubes IPO is a main-board IPO. They are going to raise ₹72.17 Crores via IPO. The issue is priced at ₹141 to ₹151 pr equity share. The IPO is to be listed on BSE & NSE.

When Vibhor Steel Tubes IPO will open?

The IPO is to open on February 13, 2024 for QIB, NII, and Retail Investors.

What is Vibhor Steel Tubes IPO Investors Portion?

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

How to Apply the Vibhor Steel Tubes IPO?

You can apply for Vibhor Steel Tubes 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 Vibhor Steel Tubes 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 “Vibhor Steel Tubes”. 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 Vibhor Steel Tubes IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Vibhor Steel Tubes”. 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 Vibhor Steel Tubes IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Vibhor Steel Tubes”. 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 Vibhor Steel Tubes IPO Size?

Vibhor Steel Tubes IPO size is ₹72.17 crores.

What is Vibhor Steel Tubes IPO Price Band?

Vibhor Steel Tubes IPO Price Band is ₹141 to ₹151.

What is Vibhor Steel Tubes IPO Minimum and Maximum Lot Size?

The minimum bid is 99 Shares with ₹14,949 amount while the maximum bid is 1287 shares with ₹194,337.

What is the Vibhor Steel Tubes IPO Allotment Date?

Vibhor Steel Tubes IPO allotment date is February 16, 2024.

What is the Vibhor Steel Tubes IPO Listing Date?

Vibhor Steel Tubes IPO listing date is February 20, 2024. The IPO is to list on BSE and NSE.

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).

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