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

Vibhor Steel Tubes IPO (Vibhor Steel Tubes Limited IPO) Detail

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.

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

IPO Key Highlights

Vibhor Steel Tubes IPO Date

Date of DRHP:
29th September 2023
IPO Open Date:
13th February 2023
IPO Close Date:
15th February 2023
IPO Allotment Date:
16th February 2024
Initiation of Refund:
19th February 2024
IPO Listing Date:
20th February 2024

Vibhor Steel IPO Info, Size, Subscription

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.

IPO Size :
₹ 72.17 Cr.

Issue Price:
₹ 151.00

Market Capitalisation :
₹ 286.33 Cr.

PE multiple :
21.99

Subscription :
320.05 times

Pre Issue Promoter Holding :
98.24 %

Post Issue Promoter Holding :
0.00 %

Vibhor Steel Tubes IPO Information

Sub Sector : Manufacturer and exporter of steel pipes and tubes of many varieties
Vibhor Steel Tubes Limited was originally incorporated as 'Vibhor Steel Tubes Private Limited' under the Companies Act, 1956, with a certificate of incorporation issued on April 16, 2003, by the Registrar of Companies (RoC), National Capital Territory of Delhi and Haryana. On June 14, 2023, the company was converted from a private to a public company following a special resolution passed by the shareholders. A fresh certificate of incorporation reflecting the change of name was issued by the RoC on July 07, 2023.
Vibhor Steel Tubes Limited is a two-decade-old manufacturer, exporter, and supplier of steel pipes and tubes to various heavy engineering industries in India. The company specializes in manufacturing Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hollow Steel Pipes, and Cold Rolled Steel
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Object of Issue (Vibhor Steel IPO Objectives)

  • Funding of working capital requirements of the company
  • General Corporate Purposes

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 IPO Registrar (RTA)

Kfin Technologies Limited

Vibhor Steel IPO Lead Manager (BRLM)

Khambatta Securities Limited

Vibhor Steel Tubes IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Vibhor Steel Tubes IPO?

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

When is Vibhor Steel IPO allotment?

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.

When is Vibhor Steel Tubes IPO listing date?

Vibhor Steel Tubes IPO is expected to be listed on 20th February 2024.

What is the price band for Vibhor Steel IPO?

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.

What is Vibhor Steel Tubes IPO Review?

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.

How to Apply for Vibhor Steel Tubes IPO?

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.

Who is the merchant banker of Vibhor Steel IPO?

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.

Who is the Registrar of Vibhor Steel Tubes IPO?

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.

What is the Vibhor Steel Tubes IPO subscription?

Vibhor Steel Tubes IPO was subscribed 320.05 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

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

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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