Vibhor Steel Tubes IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 72.17 Cr. The company is based in Hisar and caters to Steel - Tubes And Pipes sector. Khambatta Securities is the merchant banker of Vibhor Steel Tubes IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 29th September 2023.
Vibhor Steel Tubes IPO open date is 13th February 2023 and close date is 15th February 2023. IPO Allotment Date is 16th February 2024 and Listing date is 20th February 2024.Vibhor Steel Tubes IPO size is ₹ 72.17 Cr. with IPO price of ₹ 151.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Khambatta Securities Limited is the book-running lead manager of the Vibhor Steel Tubes IPO. Kfin Technologies Limited is the Registrar for Vibhor Steel Tubes IPO.
Vibhor Steel Tubes IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Vibhor Steel Tubes IPO, based in Hisar, operates in the Steel - Tubes And Pipes sector with a focus on Manufacturer and exporter of steel pipes and tubes of many varieties. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Vibhor Steel Tubes IPO size is ₹ 72.17 Cr. with fresh issue size of ₹ 72.17 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Vibhor Steel Tubes IPO is expected to be 16th February 2024, after the finalization of basis of allotment. Investors can check Vibhor Steel Tubes IPO allotment status on the registrars website, Kfin Technologies Limited . Vibhor Steel Tubes IPO refund dates are 19th February 2024.
Vibhor Steel Tubes IPO is expected to be listed on 20th February 2024.
The upper price band for the Vibhor Steel Tubes IPO is set at ₹ 151.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Vibhor Steel 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.
To apply for the Vibhor Steel 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 15th February 2023. After submission, funds are blocked until the basis of allotment of Vibhor Steel Tubes IPO is finalised.
The merchant banker for Vibhor Steel Tubes IPO is Khambatta Securities Limited . Khambatta Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Vibhor Steel Tubes IPO RHP for further details.
The registrar for Vibhor Steel 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 Vibhor Steel Tubes IPO through their official website or helpline.
Vibhor Steel Tubes IPO was subscribed 320.05 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Vibhor Steel Tubes IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Vibhor Steel Tubes Financial Review Page
Merchant Banker(s) of Vibhor Steel Tubes IPO: Khambatta Securities Limited
Vibhor Steel Tubes IPO subscription was 320.05 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.
Vibhor Steel Tubes IPO listed at a listing price of 442.00 against the offer price of 151.00.
The current market price of Vibhor Steel Tubes is 156.85.
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