31 Mar 2019
Assets79.12
Total Income120.51
EBITDA8.29
Profit After Tax3.75
NET Worth12.17
Reserves and Surplus3.44
Total Borrowing29.42
At a glance
Updated 2026-09-18The shares listed at ₹335.00, a 2.76% move from the issue price. Venus Pipes and Tubes is a Mainboard IPO with an issue size of ₹165.42 crore, proposed for listing on BSE, NSE. The offer opens on 11th May 2022 and closes on 13th May 2022. The issue structure includes a fresh issue of ₹165.42 crore. The current listing schedule points to 24th May 2022.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹165.42 Cr
Fresh issue₹165.42 Cr
Face value₹10
Price band₹310.00–₹326.00
Allotment19th May 2022
Listing24th May 2022
Listing performance
Full performance ↗Issue price₹326.00
Listing price₹335.00
Current price—
Listing gain2.76%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹20.00
GMP / upper price6.13%
Est. listing₹346.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens11th May 2022
Closes13th May 2022
Allotment19th May 2022
Refund20th May 2022
Demat23rd May 2022
Listing24th May 2022
Subscription demand
Full bidding ↗Total16.31×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 46 | ₹14,996 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Financing the project cost towards capacity expansion and backward integration for manufacturing of Hollow Pipes | ₹111.58 Cr |
| To meet the long term working capital requirements | ₹25.00 Cr |
| General corporate purposes | ₹14.95 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue278.28₹ Cr · -10.8% vs prior year
EBITDA35.51₹ Cr · +2.1% vs prior year
PAT23.60₹ Cr · -0.1% vs prior year
Assets246.28₹ Cr · +79.1% vs prior year
Net Worth120.48₹ Cr · +201.7% vs prior year
Borrowing50.01₹ Cr · +33.4% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2020
Assets107.19
Total Income179.32
EBITDA11.64
Profit After Tax4.13
NET Worth16.28
Reserves and Surplus7.54
Total Borrowing42.61
31 Mar 2021
Assets137.54
Total Income312.03
EBITDA34.78
Profit After Tax23.63
NET Worth39.93
Reserves and Surplus31.20
Total Borrowing37.50
31 Dec 2021
Assets246.28
Total Income278.28
EBITDA35.51
Profit After Tax23.60
NET Worth120.48
Reserves and Surplus105.26
Total Borrowing50.01
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
| EBITDA Margin |
Valuation & shareholding
Pre-IPO EPS18.04
Pre-IPO P/E21.03
Promoter holding pre64.27%
Promoter holding post48.2%
Market cap₹661.65 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Venus Pipes & Tubes IPO | — | 21.03 x | — | — |
| Vibhor Steel IPO | — | 21.99 x | — | — |
| Ratnaveer Precision IPO | — | - | — | — |
| Hariom Pipe IPO | — | 15.15 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Payment to the BRLM (including brokerage, underwriting and selling commission) | ₹7.81 Cr |
| Commission/processing fee for SCSBs, Sponsor Banks and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹2.52 Cr |
| Fees payable to the Registrar to the Issue | ₹0.11 Cr |
| Listing fees, SEBI filing fees, book building software fees and other regulatory expenses | ₹1.21 Cr |
| Printing and stationery expenses | ₹0.31 Cr |
| Fees payable to Monitoring Agency; | ₹0.09 Cr |
| Fees payable to legal counsel; | ₹0.81 Cr |
| Advertising and marketing for the Issue; and | ₹1.28 Cr |
| Miscellaneous | ₹3.40 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- SMC Capitals Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-18.
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