Vibhor Steel Tubes Limited IPO is a MAIN BOARD IPO. They are going to raise ₹72.17 Crores via IPO. The issue is priced at ₹141 to ₹151 per equity share. The IPO is to be listed on NSE, BSE
Vibhor Steel Tubes Limited IPO opens for subscription on February 13, 2024, and closes on February 15, 2024. The allotment for the Vibhor Steel Tubes Limited IPO is expected to be finalized on February 16, 2024. Vibhor Steel Tubes Limited IPO will list on BSE, NSE with tentative listing date fixed as February 20, 2024.
| Vibhor Steel Tubes Limited | MAIN BOARD |
| Minimum Investment ₹14,949 / 1– Lot (99 shares) | Price Range ₹141-₹151 | |
| Max Quantity 13-Lots/ (1287 Shares) | Max Investment ₹194,337 | Retail Discount ₹0 |
| Investor category and sub category Individual- HNI & Retail | Issue Size 72.17 Cr | Employee Discount ₹ |
| Total Issue Size [] Shares (Aggregating up to ₹72.17.00 Cr) | Share Holding Pree Issue 14,183,000 | Issue Type Book build Issue IPO |
| Fresh Issue Share [] Shares (Aggregating up to ₹72.17.00 Cr) | Share Holding Post Issue | Listing At BSE, NSE |
| Offer For Sale | Face value ₹10 |
IPO Dates
| Offer Starts | 13 Feb 2024 |
| Offer Ends | 15 Feb 2024 |
| Allotment | 16 Feb 2024 |
| Refunds | 19 Feb 2024 |
| Credit of shares to Demat account | 19 Feb 2024 |
| IPO Listing | 20 Feb 2024 |
About Vibhor Steel Tubes Limited
Founded in 2003, Vibhor Steel Tubes Limited manufactures, exports and supplies steel pipes and tubes to various heavy engineering industries in India.
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 company’s product portfolio includes:
ERW pipes for application in water transport, oil, gas and other non-toxic supplies.
Hot-dipped galvanized pipes for application in agriculture and infrastructure.
Hollow section pipes in square and rectangular forms.
Primer painted pipes
Crash barriers for application in railways, highways, and roads.
They have an in-house quality team comprising 627 dedicated personnel working under the overall supervision of their board of directors in different locations.
| Founded in | Managing Director |
| 2003 |
Vibhor Steel Tubes Limited IPO Prospectus
| . | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Share Holding
| Share Holding Pre-Issue | 98.24% |
| Share Holding Post-Issue |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹1,114.38 | ₹818.48 | ₹511.51 |
| Assets | ₹293.63 | ₹248.54 | ₹172.93 |
| Profit | ₹21.07 | ₹11.33 | ₹0.69 |
| All values are in Rs. Cr |
Fundamentals
| Values | Values | ||
| Market cap | Cr | ROE | 25.51% |
| P/E (X) | 10.17 | ROCE | 16.48% |
| POST P/E (X) | EPS | 14.85 | |
| Debt to Equity | 1.63 | RONW | 22.60% |
Objects of the Issue
- Funding of working capital requirements of the company
- General corporate purposes
Brokerage Firm IPO Review
- To be updated soon
| Vibhor Steel Tubes Limited Contact Details | |
| Address | Vibhor Steel Tubes Limited Plot No. 2, Industrial Development Colony, Delhi Road, Hisar -125005 |
| Phone: | +91 7030322880 |
| cs@vstlindia.com | |
| Website | http://www.vstlindia.com/ |
| Vibhor Steel Tubes Limited IPO Lead Managers | |
| Address | Khambatta Securities Limited 1, Ground, Floor,7/10, Botawala Building, 9 Bank Street, Horniman Circle, Fort, Mumbai 400 001. |
| Phone: | 91 22 66413333 / 44 / 55 / 66 |
| admin@khambattasecurities.com | |
| Website | http://www.khambattasecurities.com |
| Vibhor Steel Tubes Limited IPO Registrar | |
| . | Kfin Technologies Limited |
| Phone | 04067162222, 04079611000 |
| vibhor.ipo@kfintech.com | |
| Website | https://kosmic.kfintech.com/ipostatus/ |
| Vibhor Steel Tubes Limited IPO Allotment Status Check |
| IPO Allotment Status Check Click Here |
Vibhor Steel Tubes Limited IPO FAQs
What is Vibhor Steel Tubes Limited IPO?
- Vibhor Steel Tubes Limited IPO is a MAIN BOARD IPO. They are going to raise ₹72.17 Crores via IPO. The issue is priced at ₹141 to ₹151 per equity share. The IPO is to be listed on NSE, BSE
When Vibhor Steel Tubes Limited IPO will open?
- The IPO is to open on February 13, 2024, for QIB, NII, and Retail Investors.
What is Vibhor Steel Tubes Limited IPO Investors Portion?
- The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Vibhor Steel Tubes Limited IPO Size?
- Vibhor Steel Tubes Limited IPO size is ₹72.17 crores.
What is Vibhor Steel Tubes Limited IPO Price Band?
- Vibhor Steel Tubes Limited IPO Price Band is ₹141 To ₹151 per equity share.
What is Vibhor Steel Tubes Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1-Lot (99 Shares) with ₹14,949. and Maximum Lot Size 14-Lots (1287 Shares) with ₹194,337
What is Vibhor Steel Tubes Limited IPO Allotment Date?
- Vibhor Steel Tubes Limited IPO allotment date is February 16, 2024.
What is Vibhor Steel Tubes Limited IPO Listing Date?
- Vibhor Steel Tubes Limited IPO listing date is February 20, 2024. The IPO to list on NSE, BSE.