Hariom Pipe Industries Ltd. IPO

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

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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

Listing price

₹ 220

Listing Gain

43.79%

Listing Date

2022-04-13

CMP

₹ 311.15

Current Return

103.37%

Hariom Pipe Industries Ltd. News

Hariom Pipe jumps on inking MoU with APEDB for Rs 700 crore steel plant26 Oct 2026, 11:20AM Hariom Pipe inks MoU with APEDB for Rs 700 crore steel plant 26 Oct 2026, 11:09AM Hariom Pipe Industries’ arm commissions two solar power plants in Maharashtra15 Oct 2026, 9:19AM Hariom Pipe Industries informs about analyst meet 6 Oct 2026, 11:00AM Hariom Pipe zooms as its arm installs 5 MW AC solar PV power project in Maharashtra14 Jul 2026, 11:08AM Hariom Pipe’s arm installs 5 MW AC solar PV power project in Maharashtra13 Jul 2026, 11:28AM Hariom Pipe Industries informs about certificate9 Jul 2026, 5:32PM Hariom Pipe Industries informs about disclosures 2 Jul 2026, 11:41AM Hariom Pipe Industries submits board meeting intimation 30 Jan 2026, 5:02PM Hariom Pipe Industries incorporates subsidiary 23 Jan 2026, 4:00PM Hariom Pipe Industries informs about appointment of chief operations officer11 Dec 2025, 11:45AM Hariom Pipe Industries informs about analyst meet 3 Dec 2025, 12:37PM Hariom Pipe Industries informs about signing of memorandum of understanding19 Sep 2025, 4:54PM Hariom Pipe Industries inks MoU with Government of Maharashtra19 Sep 2025, 4:42PM Hariom Pipe Industries informs about disclosure18 Aug 2025, 12:59PM Hariom Pipe Inds. - Quaterly Results8 Aug 2025, 12:00PM Hariom Pipe Inds. - Quaterly Results8 Aug 2025, 12:00PM Hariom Pipe Inds. - Quaterly Results8 Aug 2025, 12:00PM Hariom Pipe Industries informs about analyst meet24 May 2025, 3:13PM Hariom Pipe Industries informs about investor presentation10 May 2025, 3:57PM

Company Financials

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

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 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 430.57 643.71 1153.19 1357.05 1666.95
Total Expenditure 374.45 561.83 1014.59 1181.62 1457.54
Operating Profit 56.12 81.88 138.59 175.43 209.42
Other Income 2.72 0.75 5.2 2.89 13.19
Interest 8.19 10.38 32.56 44.91 53.55
Depreciation 8.11 9.42 33.87 50.31 65.2
Exceptional Items 0 0 0 0 0
Profit Before Tax 42.54 62.83 77.36 83.1 103.86
Provision for Tax 10.58 16.62 20.56 21.38 28.04
Net Profit 31.96 46.32 56.84 61.72 75.86
Adjusted EPS (Rs.) 1.88 1.67 1.97 1.99 2.45

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 16.98 27.62 28.87 30.97 30.97
Total Reserves 84.04 347.55 435.25 541.71 615.68
Borrowings 34.5 125.19 119.71 93.3 114.76
Other N/C liabilities 3.51 5.79 9.85 12.05 36.19
Current liabilities 76.88 203.03 286.57 518.95 384.83
Total Liabilities 215.91 709.18 880.24 1196.97 1182.42
Assets
Net Block 53.56 134.53 366.22 423.83 478.66
Capital WIP 10.06 103.19 13.14 11.65 14.88
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0.1 9.26
Loans & Advances 1.18 40.8 6.2 4.2 22.75
Other N/C Assets 0.67 1.01 13.09 4.54 14.5
Current Assets 150.45 429.66 481.59 752.67 642.37
Total Assets 215.91 709.18 880.24 1196.97 1182.42
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Other Income 1.39 0.9 1.5 9.41 2.05
Profit Before Tax 32.21 14.29 15.58 41.78 23.17
Tax 8.6 3.88 3.97 11.6 5.81
Profit After Tax 23.61 10.42 11.61 30.18 17.36
Adjusted EPS (Rs) 7.63 3.36 3.75 9.75 5.61

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2026 57.26 0
Jun 2026 57.26 0
Mar 2026 57.26 0
Dec 2025 57.26 0
Sep 2025 57.26 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 42.54 62.83 77.36 83.1 103.86
Adjustment 13.58 19.06 62.53 92.53 106.32
Changes in Assets & Liabilities -45.64 -164.72 -116.89 -82.25 4.91
Tax Paid -6.76 -17.73 -18.04 -14.75 -23.02
Operating Cash Flow 3.72 -100.57 4.96 78.63 192.08
Investing Cash Flow -4.16 -221.52 -181.59 -85.72 -110.47
Financing Cash Flow -0.21 426.06 74.37 31.32 -107.18
Net Cash Flow -0.65 103.97 -102.26 24.23 -25.56
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