Hariom Pipe Industries Ltd. IPO

Hariom is an integrated manufacturer of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron.

RHP
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DRHP
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Open Date

2022-03-30

Close Date

2022-04-05

Hariom Pipe Industries Ltd. IPO Details

Check out the issue details for Hariom Pipe Industries Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 153

Price Band

₹ 144 - 153

Issue Size

130.05 Cr.

Issue Type

Book Built

Open

2022-03-30

Close

2022-04-05

Listingprice

₹ 220

ListingGain

43.79%

Listing Date

2022-04-13

CMP

₹ 528.4

Current Return

245.36%

Hariom Pipe Industries Ltd. News

Hariom Pipe Inds. - Quaterly Results26 Oct, 3:29PM Hariom Pipe Inds. - Quaterly Results26 Oct, 3:29PM Hariom Pipe Inds. - Quaterly Results26 Oct, 3:29PM Hariom Pipe Industries to raise funds up to Rs 700 crore25 Sep, 11:30AM Hariom Pipe Industries informs about newspaper advertisements2 Sep, 3:26PM Hariom Pipe Industries informs about conference 27 Aug, 10:41AM Hariom Pipe Inds. - Quaterly Results9 Aug, 2:44PM Hariom Pipe Inds. - Quaterly Results9 Aug, 2:44PM Hariom Pipe Inds. - Quaterly Results9 Aug, 2:44PM Hariom Pipe Industries informs about updates7 Aug, 4:56PM Hariom Pipe Industries informs about compliance certificate12 Jul, 5:26PM Hariom Pipe Industries informs about compliances-certificate 12 Jul, 12:50PM Hariom Pipe Industries gets nod to acquire operating assets of M/s. Ultra Pipes28 May, 9:45AM Hariom Pipe Inds. - Quaterly Results17 May, 6:33PM Hariom Pipe Inds. - Quaterly Results17 May, 6:33PM Hariom Pipe Industries submits monitoring agency report 10 May, 2:41PM Hariom Pipe Industries informs about investors presentation12 Feb, 10:02AM Hariom Pipe Inds. - Quaterly Results9 Feb, 6:04PM Hariom Pipe Inds. - Quaterly Results9 Feb, 6:04PM Hariom Pipe Industries informs about newspaper advertisements6 Jan, 2:51PM

Company Financials

You can get the following financial statements of Hariom Pipe Industries Ltd. as of now.

Exchange

NSE: HARIOMPIPE BSE: 543517

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the Hariom Pipe Industries IPO is as:

  • The issue size of the IPO is 130.05 Cr.
  • The price band ranges from Rs 144 to Rs 153.
  • The shares of Hariom Pipe Industries will list on 13th April 2022.
  • The latest tentative GMP of Hariom Pipe Industries IPO is Rs _.
  • The shares of Hariom Pipe Industries have been subscribed 7.93 times as of 5th April 2022.

Hariom Pipe Industries Valuation

The approx valuation of Hariom Pipe Industries IPO company based on its price band and DRHP (prospectus) is: 

Particulars Value
Upper Price Band Rs 153
Existing Shares (Qty) 1.69 Cr
Fresh Issue 130.05 Cr
Market Cap 388.62 Cr
EPS (FY21) Rs 10.64 
PE Ratio 14.3x
Industry PE 57.3x

 

Hariom Pipe Industries IPO Issue Size

Hariom Pipe Industries IPO issue size is 130.05 Cr. 

Issue Amount
Fresh Issue 130.05 Cr
Offer For Sale  0 Cr

 

Hariom Pipe Industries IPO Market Lot

An Individual can apply for a minimum 1 lot of 98 shares and a maximum of 13 lots of 1274 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 98 Rs 14,994
 Maximum 13 1274 Rs 1,94,922

 

Hariom Pipe Industries IPO share offer

The shares of Hariom Pipe Industries have been subscribed 7.93 times as of 5th April 2022. The category-wise shares subscribed are as follows:: 

Category % Offered Subscription
Qualified Institutional Maximum 30% 1.91 Times
Non-Institutional Minimum 35% 8.87 Times
Retail Individual Minimum 35% 12.15 Times
Total   7.93 Times

 

 

Find below the dates for Hariom Pipe Industries IPO:

Schedule Date
Basis of Allotment 8 April 2022
Refunds 11 April 2022
Credit to Demat Account 12 April 2022
IPO Listing Date 13 April 2022

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 160.78 254.14 430.57 643.71 1153.19
Total Expenditure 137.29 219.86 374.45 561.83 1014.59
Operating Profit 23.49 34.28 56.12 81.88 138.59
Other Income 0.37 0.68 2.72 0.75 5.2
Interest 7.37 7.51 8.19 10.38 32.56
Depreciation 5.16 6.26 8.11 9.42 33.87
Exceptional Items 0 0 0 0 0
Profit Before Tax 11.32 21.2 42.54 62.83 77.36
Provision for Tax 3.42 6.07 10.58 16.62 20.56
Net Profit 7.91 15.13 31.96 46.32 56.84
Adjusted EPS (Rs.) 0.6 0.89 1.88 1.67 1.97

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 13.23 16.96 16.98 27.62 28.87
Total Reserves 35.07 53.83 84.04 347.55 435.25
Borrowings 27.17 33.94 34.5 125.19 119.71
Other N/C liabilities 2.39 3.79 3.51 5.79 9.85
Current liabilities 61.82 65.22 76.88 203.03 286.57
Total Liabilities 139.68 173.74 215.91 709.18 880.24
Assets
Net Block 49.5 58.9 53.56 134.53 366.22
Capital WIP 0.13 8.33 10.06 103.19 13.14
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 0.02 0.21 1.18 40.8 6.2
Other N/C Assets 0.62 0.64 0.67 1.01 13.09
Current Assets 89.42 105.66 150.45 429.66 481.59
Total Assets 139.68 173.74 215.91 709.18 880.24
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 0.94 2 1.15 1.02 0.94
Profit Before Tax 20.23 13.8 23.59 22.7 21.55
Tax 5.45 3.98 6.82 5.2 5.8
Profit After Tax 14.78 9.81 16.77 17.5 15.75
Adjusted EPS (Rs) 5.35 3.55 5.81 5.65 5.09

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 57.15 0
Jun 2024 57.17 0
Mar 2024 58.28 0
Dec 2023 60.91 0
Sep 2023 60.91 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 11.32 21.2 42.54 62.83 77.36
Adjustment 12.17 13.09 13.58 19.06 62.53
Changes in Assets & Liabilities -21.11 -19.99 -45.64 -164.72 -116.89
Tax Paid -1.86 -3.86 -6.76 -17.73 -18.04
Operating Cash Flow 0.52 10.43 3.72 -100.57 4.96
Investing Cash Flow -12.04 -23.47 -4.16 -221.52 -181.59
Financing Cash Flow 9.21 12.09 -0.21 426.06 74.37
Net Cash Flow -2.31 -0.95 -0.65 103.97 -102.26
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