Subscription Details
The details about the Venus Pipes & Tube IPO is as:
- The issue size of the IPO is 165.42 Cr.
- The price band for Venus Pipes & Tubes IPO is Rs 310 - 326.
- The shares of Venus Pipes and tubes IPO will list on 24rth May 2022.
- The latest tentative GMP of Venus Pipes and tubes IPO is Rs 25.
- The Shares of Venus Pipes & Tubes have been subscribed 16.31 Times as of 13th May 2022.
Venus Pipes and tubes IPO Valuation
The approx valuation of Venus Pipes & Tubes IPO based on its price band and RHP/DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 326 |
| Existing Shares (Qty) |
1.52 Cr |
| Fresh Issue (Amount) |
165.42 Cr |
| Market Cap |
660.94 Cr |
| EPS |
Rs 18.04 |
| PE Ratio |
18.07x |
| Industry PE |
25.6x |
Venus Pipes & Tubes IPO Issue Size
Venus Pipes & Tubes IPO issue size is 165.42 Cr.
| Issue |
Amount |
| Fresh Issue |
165.42 Cr |
| Offer For Sale |
0 Cr |
Venus Pipes & Tubes IPO Market Lot
An Individual can apply for a minimum 1 lot of 46 shares and a maximum of 13 lots of 598 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
46 |
Rs 14,996 |
| Maximum |
14 |
598 |
Rs 1,94,948 |
Venus Pipes & Tubes IPO Offer
The Shares of Venus Pipes & Tubes have been subscribed 16.31 Times as of 12th May 2022. The category-wise shares subscription are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
12.02 Times |
| Non-Institutional |
Minimum 15% |
15.66 Times |
| Retail Individual |
Minimum 35% |
19.04 Times |
| Total |
|
16.31 Times |
Venus Pipes & Tubes IPO Grey Market Premium
| As on |
GMP (Tentative) |
| 10 May 2022 |
Rs 35 |
| 11 May 2022 |
Rs 25 |
It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.
Allotment Details
Find below the dates for Venus Pipes & Tubes IPO:
| Schedule |
Date |
| Basis of Allotment |
19 May 2022 |
| Refunds |
20 May 2022 |
| Credit to Demat Account |
23 May 2022 |
| IPO Listing Date |
24 May 2022 |
Check allotment status