Vibhor Steel Tubes Limited IPO Date, Price, Allotment Details

IPO DetailsAllotment Status Check

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 NSEBSE

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 LimitedMAIN BOARD
Vibhor Steel Tubes Limited Details
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 Starts13 Feb 2024
Offer Ends15 Feb 2024
Allotment16 Feb 2024
Refunds19 Feb 2024
Credit of shares to Demat account19 Feb 2024
IPO Listing20 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 inManaging Director
2003

Vibhor Steel Tubes Limited IPO Prospectus

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DRHP Draft ProspectusClick Here
RHP Draft ProspectusClick Here

Share Holding

Share Holding Pre-Issue98.24%
Share Holding Post-Issue

Financials

Year202320222021
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

ValuesValues
Market capCrROE25.51%
P/E (X)10.17ROCE16.48%
POST P/E (X)EPS14.85
Debt to Equity1.63RONW22.60%

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
AddressVibhor Steel Tubes Limited
Plot No. 2, Industrial Development Colony,
Delhi Road,
Hisar -125005
Phone:+91 7030322880
E-mailcs@vstlindia.com
Websitehttp://www.vstlindia.com/
Vibhor Steel Tubes Limited
IPO Lead Managers
AddressKhambatta 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
E-mailadmin@khambattasecurities.com
Websitehttp://www.khambattasecurities.com
Vibhor Steel Tubes Limited
IPO Registrar
.Kfin Technologies Limited
Phone04067162222, 04079611000
E-mailvibhor.ipo@kfintech.com
Websitehttps://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 NSEBSE
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.