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

Hariom Pipe Industries IPO (Hariom Pipe Industries Limited IPO) Detail

Hariom Pipe Industries IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 130.05 Cr. The company is based in Hyderabad and caters to Steel - Tubes And Pipes sector. Iti Capital is the merchant banker of Hariom Pipe Industries IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th September 2021.

Hariom Pipe Industries IPO open date is 30th March 2022 and close date is 5th April 2022. IPO Allotment Date is 8th April 2022 and Listing date is 13th April 2022.

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

IPO Key Highlights

  • IPO Size: ₹ 130.05 Cr. Avg IPO Size (Sector Based) : ₹ 122.07 cr.
  • Sector: Steel - Tubes And Pipes IPO so far: 6
  • Merchant Banker: Iti Capital IPO by BRLM so far: 7
  • City: Hyderabad IPO so far: 36
  • Revenue (annualised): ₹ 402.32 cr.
            PAT: (annualised): ₹ 25.74 cr. Read Financial Information >>
  • PE Ratio: 15.15x Average Sector PE Ratio: 13.10x

Hariom Pipe Industries IPO Date

Date of DRHP:
18th September 2021
IPO Open Date:
30th March 2022
IPO Close Date:
5th April 2022
IPO Allotment Date:
8th April 2022
Initiation of Refund:
11th April 2022
IPO Listing Date:
13th April 2022

Hariom Pipe IPO Info, Size, Subscription

Hariom Pipe Industries IPO size is ₹ 130.05 Cr. with IPO price of ₹ 153.00. 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 :
₹ 130.05 Cr.

Issue Price:
₹ 153.00

Market Capitalisation :
₹ 389.79 Cr.

PE multiple :
15.15

Subscription :
7.93 times

Pre Issue Promoter Holding :
99.10 %

Post Issue Promoter Holding :
66.00 %

Hariom Pipe Industries IPO Information

Sub Sector : manufacturer of MS Pipes and other related products
Hariom is an integrated manufacturer specializing in Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron, using iron ore to produce Sponge Iron, which is then processed to create the final products. This cost-effective manufacturing process primarily serves the southern and western Indian markets under the brand name “Hariom Pipes.” A significant portion of the Sponge Iron, MS Billets, and HR Strips produced is used in-house for manufacturing MS Pipes and Scaffolding. The company offers over 150 different specifications catering to industries like housing, infrastructure, agriculture, automotive, power, cement, mining, solar power, and engineering. With plants located in Mahabubnagar, Telangana (Unit I) and Anantapur, Andhra Pradesh (Unit II), Hariom benefits from backward integration. Unit II manufactures Sponge Iron, sourced through online bidding,
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Object of Issue (Hariom Pipe IPO Objectives)

  • Repayment or pre-payment, in part or full of all or certain of their borrowings
  • Retirement of acquisition consideration of Edureka
  • Growth initiatives

Iti Capital Limited is the book-running lead manager of the Hariom Pipe Industries IPO. Bigshare Services Private Limited is the Registrar for Hariom Pipe Industries IPO.

Hariom Pipe IPO Registrar (RTA)

Bigshare Services Private Limited

Hariom Pipe IPO Lead Manager (BRLM)

Iti Capital Limited

Hariom Pipe Industries IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Hariom Pipe Industries IPO?

Hariom Pipe Industries IPO, based in Hyderabad, operates in the   Steel - Tubes And Pipes sector with a focus on manufacturer of MS Pipes and other related products. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Hariom Pipe Industries IPO size is ₹ 130.05 Cr. with fresh issue size of ₹ 130.05 Cr. and Offer for sale being ₹ Nil

When is Hariom Pipe IPO allotment?

The IPO allotment date for Hariom Pipe Industries IPO is expected to be 8th April 2022, after the finalization of basis of allotment. Investors can check Hariom Pipe Industries IPO allotment status on the registrars website, Bigshare Services Private Limited . Hariom Pipe Industries IPO refund dates are 11th April 2022.

When is Hariom Pipe Industries IPO listing date?

Hariom Pipe Industries IPO is expected to be listed on 13th April 2022.

What is the price band for Hariom Pipe IPO?

The upper price band for the Hariom Pipe Industries IPO is set at ₹ 153.00 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 Hariom Pipe Industries IPO Review?

For IPO analysis on Hariom Pipe Industries 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 Hariom Pipe Industries IPO?

To apply for the Hariom Pipe Industries 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 5th April 2022. After submission, funds are blocked until the basis of allotment of Hariom Pipe Industries IPO is finalised.

Who is the merchant banker of Hariom Pipe IPO?

The merchant banker for Hariom Pipe Industries IPO is Iti Capital Limited . Iti Capital Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Hariom Pipe Industries IPO RHP for further details.

Who is the Registrar of Hariom Pipe Industries IPO?

The registrar for Hariom Pipe Industries IPO is Bigshare Services Private Limited . Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Hariom Pipe Industries IPO through their official website or helpline.

What is the Hariom Pipe Industries IPO subscription?

Hariom Pipe Industries IPO was subscribed 7.93 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Hariom Pipe Industries IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Hariom Pipe Industries Financial Review Page

Hariom Pipe Industries IPO subscription was 7.93 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.

Hariom Pipe Industries IPO listed at a listing price of 224.70 against the offer price of 153.00.

The current market price of Hariom Pipe Industries is 409.45.

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