Venus Pipes & Tubes Limited IPO

Venus Pipes & Tubes IPO Details

Venus Pipes & Tubes IPO DateMay 11, 2022 to May 13, 2022
Venus Pipes & Tubes IPO Face Value₹10 per share
Venus Pipes & Tubes IPO Price₹310 to ₹326 per share
Venus Pipes & Tubes IPO Lot Size46 Shares
Issue Size5,074,100 shares of ₹10
(aggregating up to ₹165.42 Cr)
Fresh Issue5,074,100 shares of ₹10
(aggregating up to ₹165.42 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
QIB Shares OfferedNot more than 50% of the Net Offer
Retail Shares OfferedNot less than 35% of the Net Offer
NII (HNI) Shares OfferedNot less than 15% of the Net Offer
Company Promoters

Megharam Sagramji Choudhary, Jayantiram Motiram Choudhary, Dhruv Mahendrakumar Patel and Arun Axaykumar Kothari are the company promoters.



Company Financials:

Summary of financial Information (Restated)
ParticularsFor the year/period ended (Rs in Million)
 31-Mar-2131-Mar-2031-Mar-19
Total Assets1,375.391,071.91791.23
Total Revenue3,120.311,793.221,205.06
Profit After Tax236.3241.2837.50
Summary of financial Information (Restated)
ParticularsFor the year/period ended (Rs in Million)
 31-Mar-2131-Mar-2031-Mar-19
Total Assets1,375.391,071.91791.23
Total Revenue3,120.311,793.221,205.06
Profit After Tax236.3241.2837.50

About The Company

IPO Tentative Timetable

EventDate
Venus Pipes & Tubes IPO Opening DateMay 11, 2022
Venus Pipes & Tubes IPO Closing DateMay 13, 2022
Basis of AllotmentMay 19, 2022
Initiation of RefundsMay 20, 2022
Credit of Shares to DematMay 23, 2022
Venus Pipes & Tubes IPO Listing DateMay 24, 2022

Promoter Holding

Pre Issue Share Holding64.27%
Post Issue Share Holding48.20%

Company Contact Information

Venus Pipes & Tubes Limited
Survey No. 233/2 and
234/1, Dhaneti
Bhuj, Kachchh – 370020 Gujarat
Phone: +91 2836 232 183/84
Email: cs@venuspipes.com
Websitehttps://www.venuspipes.com/

IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000
Email: venus.ipo@kfintech.com
Websitehttps://karisma.kfintech.com/