Venus Pipes IPO subscription standing is to begin on May 11, 2022, Wednesday. Venus Pipes is a mainline IPO. The IPO is been subscribed by QIB, NII, and Retail buyers. They are going to boost ₹165 crores by way of IPO that includes contemporary challenge of ₹165 crores. The IPO worth band is fastened at ₹310 to ₹326 with a market lot of 46 shares. Venus Pipes & Tubes Limited is a producer and exporter of chrome steel tubular merchandise like chrome steel pipes and tubes. The firm’s manufacturing plant is situated in Kutch, Gujarat, The manufacturing facility is unfold throughout 11 acres space. The firm reported revenues of ₹312 in 2021 towards revenues of ₹179 in 2020. The firm’s monetary report appears good and the revenue is incresed 5-6 occasions in 2021 towards 2020. Please verify the Venus Pipes IPO subscription standing particulars over right here.
IPOWatch View: We advocate buyers could apply for an IPO with a long run view. Investors must also have a look at the Retail and HNI numbers earlier than investing. You can verify the Venus Pipes IPO allotment standing right here.
Venus Pipes IPO Subscription Status (Live Update – Day 1)
IPO Subscribed Till Now – 8.00 AM
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | – | – |
| NII | 0.00 | – | – |
| Retail | 0.00 | – | – |
| Total | 0.00 | – | – |
Venus Pipes IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, and so forth
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Venus Pipes IPO Subscription Dates
The Venus Pipes IPO date is May 11 and the shut date is May 13. The Venus Pipes IPO allotment will probably be finalized on May 19 and the IPO itemizing on May 24.
| Price Band Announcement: | May 05, 2022 |
| Anchor Investors Allotment: | May 10, 2022 |
| IPO Open Date: | May 11, 2022 |
| IPO Close Date: | May 13, 2022 |
| Basis of Allotment: | May 19, 2022 |
| Refunds: | May 20, 2022 |
| Credit to Demat Account: | May 23, 2022 |
| IPO Listing Date: | May 24, 2022 |
Venus Pipes IPO Form
How to use for the Venus Pipes IPO? You can apply for Venus Pipes IPO by way of ASBA out there in your checking account. Just go to the web financial institution login and apply by way of your checking account by choosing the Venus Pipes IPO within the Invest part. The different choice is you’ll be able to apply for Venus Pipes IPO by way of IPO varieties obtain by way of NSE and BSE. Check out the Venus Pipes varieties – Click BSE Forms & NSE Forms clean IPO varieties obtain, fill, and submit in your financial institution or together with your dealer.
Venus Pipes IPO Subscription Status FAQs:
One can go to our portal for reside IPO subscription numbers that we’re updating hourly foundation from the official web site NSE and NSE web sites. One can verify the reside subscription on NSE or NSE web site on the actual IPO web page.
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– Source : IPOWATCH