IPO
Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing
Venus Pipes & Tubes Ltd
Venus Pipes & Tubes Ltd
Registered Office : Survey No 233/2 and 234/1,Dhaneti Bhuj,Kachchh. Gujarat 370201 Phone : 91-2836-232 183/84
Fax :
Email : cs@venuspipes.com
Website : www.venuspipes.com
Initial public offering of up to 5,074,100 equity shares of face value of Rs. 10 each ("Equity Shares") of Venus Pipes & Tubes Limited ("Company" or the "Issuer") for cash at a price of Rs. 326/- per equity share (including a share premium of Rs. 316/- per equity share (the "Issue Price") aggregating up to Rs. 165.42* crores (the "Issue"). The face value of the equity share is Rs. 10. The issue price is 32.6 times the face value of the equity shares. The issue will constitute 25% of the post issue paid up equity share capital of the company. *Subject of finalisation of basis of allotment
Opens On
Closes On
11-May-2022
13-May-2022
Application
Allotment
326.00
0.00
Minimum Application for shares in Nos : 46.0 Further Multiples of : 46.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
147.89
165.42
20.30
326.00
SMC Capitals Ltd
- Financing the Project Cost Towards Capacity Expansion & Backward Integration for Manufacturing of Hollow Pipes
- To Meet The Long Term Working Capital Requirements
- General Corporate Purposes
- Megharam Sagramji Choudhary
- Jayantiram Motiram Choudhary
- Dhruv Mahendrakumar Patel
- BSE
- NSE
- KFin Techologies Ltd