74  Total SME IPOs listed in 2025

3,229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

74  Total SME IPOs listed in 2025

3229.50 Crs.  Total funds raised in 2025

50  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Venus Pipes & Tubes IPO (Venus Pipes & Tubes Limited IPO) Detail

Venus Pipes & Tubes IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 165.42 Cr. The company is based in Kachchh and caters to Steel - Tubes And Pipes sector. Smc Capitals is the merchant banker of Venus Pipes & Tubes IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th December 2021.

Venus Pipes & Tubes IPO open date is 11th May 2022 and close date is 13th May 2022. IPO Allotment Date is 19th May 2022 and Listing date is 24th May 2022.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 165.42 Cr. Avg IPO Size (Sector Based) : ₹ 122.07 cr.
  • Sector: Steel - Tubes And Pipes IPO so far: 6
  • Merchant Banker: Smc Capitals IPO by BRLM so far: 3
  • City: Kachchh IPO so far: 1
  • Revenue (annualised): ₹ 371.04 cr.
            PAT: (annualised): ₹ 31.47 cr. Read Financial Information >>
  • PE Ratio: 21.03x Average Sector PE Ratio: 13.10x

Venus Pipes & Tubes IPO Date

Date of DRHP:
24th December 2021
IPO Open Date:
11th May 2022
IPO Close Date:
13th May 2022
IPO Allotment Date:
19th May 2022
Initiation of Refund:
20th May 2022
IPO Listing Date:
24th May 2022

Venus Pipes IPO Info, Size, Subscription

Venus Pipes & Tubes IPO size is ₹ 165.42 Cr. with IPO price of ₹ 326.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 165.42 Cr.

Issue Price:
₹ 326.00

Market Capitalisation :
₹ 661.65 Cr.

PE multiple :
21.03

Subscription :
16.31 times

Pre Issue Promoter Holding :
64.27 %

Post Issue Promoter Holding :
48.20 %

Venus Pipes & Tubes IPO Information

Sub Sector : business of stainless steel pipes and tube manufacturing and marketing
Venus Pipes & Tubes Limited is a growing manufacturer and exporter of stainless steel pipes and tubes in India, with over six years of experience in producing stainless steel tubular products. These products are divided into two broad categories: seamless tubes/pipes and welded tubes/pipes, covering five product lines: stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes, and stainless steel box pipes. Under the brand name "Venus," the company supplies its products to diverse sectors such as chemicals, engineering, fertilizers, pharmaceuticals, power, food processing, paper, and oil and gas. Its manufacturing plant is strategically located at Bhuj-Bhachau highway, Dhaneti, in Kutch, Gujarat, offering proximity to the Kandla and Mundra ports, which helps
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Object of Issue (Venus Pipes IPO Objectives)

  • To meet long-term working capital requirements
  • General Corporate Purposes
  • Financing project costs for capacity growth, technology upgrades, operational cost optimization, manufacturing facility support, and backward integration for hollow pipe manufacturing

Smc Capitals Limited is the book-running lead manager of the Venus Pipes & Tubes IPO. Kfin Technologies Limited is the Registrar for Venus Pipes & Tubes IPO.

Venus Pipes IPO Registrar (RTA)

Kfin Technologies Limited

Venus Pipes IPO Lead Manager (BRLM)

Smc Capitals Limited

Venus Pipes & Tubes IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Venus Pipes & Tubes IPO?

Venus Pipes & Tubes IPO, based in Kachchh, operates in the   Steel - Tubes And Pipes sector with a focus on business of stainless steel pipes and tube manufacturing and marketing. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Venus Pipes & Tubes IPO size is ₹ 165.42 Cr. with fresh issue size of ₹ 165.42 Cr. and Offer for sale being ₹ Nil

When is Venus Pipes IPO allotment?

The IPO allotment date for Venus Pipes & Tubes IPO is expected to be 19th May 2022, after the finalization of basis of allotment. Investors can check Venus Pipes & Tubes IPO allotment status on the registrars website, Kfin Technologies Limited . Venus Pipes & Tubes IPO refund dates are 20th May 2022.

When is Venus Pipes & Tubes IPO listing date?

Venus Pipes & Tubes IPO is expected to be listed on 24th May 2022.

What is the price band for Venus Pipes IPO?

The upper price band for the Venus Pipes & Tubes IPO is set at ₹ 326.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Venus Pipes & Tubes IPO Review?

For IPO analysis on Venus Pipes & Tubes IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Venus Pipes & Tubes IPO?

To apply for the Venus Pipes & Tubes IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 13th May 2022. After submission, funds are blocked until the basis of allotment of Venus Pipes & Tubes IPO is finalised.

Who is the merchant banker of Venus Pipes IPO?

The merchant banker for Venus Pipes & Tubes IPO is Smc Capitals Limited . Smc Capitals Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Venus Pipes & Tubes IPO RHP for further details.

Who is the Registrar of Venus Pipes & Tubes IPO?

The registrar for Venus Pipes & Tubes IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Venus Pipes & Tubes IPO through their official website or helpline.

What is the Venus Pipes & Tubes IPO subscription?

Venus Pipes & Tubes IPO was subscribed 16.31 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Venus Pipes & Tubes IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Venus Pipes & Tubes Financial Review Page

Venus Pipes & Tubes IPO subscription was 16.31 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Venus Pipes & Tubes IPO listed at a listing price of 351.75 against the offer price of 326.00.

The current market price of Venus Pipes & Tubes is 1421.85.

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