Thursday, May 16, 2024

Vibhor Steel Tubes IPO Date, Review, Price, Allotment Details

Vibhor Steel Tubes Limited is a producer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. They are 2 many years previous producer, exporter, and provider of metal pipes and tubes to more than a few heavy engineering industries in India. Steel pipes and tubes can be utilized for plenty of functions similar to metal pipes for frames and shafts, metal pipes for bicycle frames, metal pipes for furnishings, CDW pipes for shockers, metal pipes for more than a few structural functions, metal pipes for more than a few engineering functions, and so forth. They have an overly wide variety of metal pipes and tube merchandise. The lengths of the metal pipes & tubes in numerous levels except in a different way laid out in the purchasers. They manufacture metal pipes and tubes in more than a few styles and sizes similar to sq., spherical, oblong elliptical, or any particular form.

They have an in-house high quality workforce comprising 627 devoted group of workers operating beneath the total supervision in their board of administrators in numerous places. Their high quality keep watch over workforce guarantees that their uncooked fabrics in addition to finish merchandise are examined on all high quality parameters to make sure that they’re compliant with the global product requirements.

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Objects of the Issue

  • Funding of operating capital necessities of the corporate
  • General company functions

Vibhor Steel Tubes IPO Review (Apply or Not)

Brokerage Firm IPO Review

  • Capital Market: To be up to date quickly
  • Religare Broking: To be up to date quickly
  • Hem Securities: To be up to date quickly
  • Arihant Capital: To be up to date quickly

Vibhor Steel Tubes IPO Date & Price Band Details

IPO Open: February 13, 2024
IPO Close: February 15, 2024
IPO Size: Approx ₹72.17 Crores
Fresh Issue: Approx ₹72.17 Crores
Offer for Sale: Approx ₹[.] Crores
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹141 to ₹151 Per Share
IPO Listing on: BSE & NSE
Retail Quota: 35%
QIB Quota: 50%
 NII Quota: 15%
Discount: N/A
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

Vibhor Steel Tubes IPO Market Lot

The Vibhor Steel Tubes IPO minimal marketplace lot is 99 stocks with ₹14,949 utility quantity. The retail traders can follow up-to 13 a lot with 1287 stocks or ₹194,337 quantity.

Application Lot Size Shares Amount
Retail Minimum 1 99 ₹14,949
Retail Maximum 13 1287 ₹194,337
S-HNI Minimum 14 1,386 ₹209,286
B-HNI Minimum 67 6,633 ₹1,001,583

Vibhor Steel Tubes IPO Allotment & Listing Dates

The Vibhor Steel Tubes IPO date is 2024 and the shut date is January 2024. The Vibhor Steel Tubes IPO allotment might be finalized on 2024 and the IPO list on 2024.

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Anchor Investors Allotment: February 12, 2024
IPO Open Date: February 13, 2024
IPO Close Date: February 15, 2024
Basis of Allotment: February 16, 2024
Refunds: February 19, 2024
Credit to Demat Account: February 19, 2024
IPO Listing Date: February 20, 2024

You can test IPO subscription standing and IPO allotment standing on their respective pages.

Vibhor Steel Tubes IPO Form

How to use for the Vibhor Steel Tubes IPO? You can follow for Vibhor Steel Tubes IPO by means of ASBA to be had on your checking account. Just cross to the web financial institution login and follow by means of your checking account by way of settling on the Vibhor Steel Tubes IPO within the Invest segment. The different choice is you’ll be able to follow for Vibhor Steel Tubes IPO by means of IPO paperwork downloaded by means of NSE and BSE. Check out the Vibhor Steel Tubes paperwork – Click BSE Forms & NSE Forms clean IPO paperwork obtain, fill, and put up on your financial institution or together with your dealer.

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Vibhor Steel Tubes Company Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2021 ₹511.51 ₹507.35 ₹0.69
2022 ₹818.48 ₹803.12 ₹11.33
2023 ₹1114.38 ₹1086.15 ₹21.07

Vibhor Steel Tubes IPO Valuation – FY2023

Check Vibhor Steel Tubes IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹14.85 consistent with Equity Share
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 22.60%
Net Asset Value (NAV): ₹65.71 consistent with Equity Share

Peer Group

  • APL Apollo Tubes Limited
  • Hi – Tech Pipes Limited
  • Goodluck India Limited
  • Rama Steel Tubes Limited
  • Mr. Vijay Kaushik
  • Mr. Vibhor Kaushik
  • Mrs. Vijay Laxmi Kaushik
  • M/s. Vijay Kaushik HUF

Vibhor Steel Tubes IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Vibhor Steel Tubes IPO Allotment Status Check

Check Vibhor Steel Tubes IPO allotment standing on Kfin Technologies web site allotment URL. Click Here

Vibhor Steel Tubes IPO Lead Managers aka Merchant Bankers

  • Khambatta Securities Limited 

Company Address

Vibhor Steel Tubes Limited
Plot No. 2, Industrial Development Colony,
Delhi Road,
Hisar -125005
Phone: +91 7030322880
Email: [email protected]
Website: http://www.vstlindia.com/

Vibhor Steel Tubes IPO FAQs

What is Vibhor Steel Tubes IPO?

Vibhor Steel Tubes IPO is a main-board IPO. They are going to lift ₹72.17 Crores by means of IPO. The factor is priced at ₹141 to ₹151 pr fairness percentage. The IPO is to be indexed on BSE & NSE.

When Vibhor Steel Tubes IPO will open?

The IPO is to open on February 13, 2024 for QIB, NII, and Retail Investors.

What is Vibhor Steel Tubes IPO Investors Portion?

The traders’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Vibhor Steel Tubes IPO?

You can follow for Vibhor Steel Tubes IPO by means of ASBA on-line by means of your checking account. You too can follow for ASBA on-line by means of UPI via your inventory agents. You too can follow by means of your inventory agents by way of filling up the offline shape.

How to Apply the Vibhor Steel Tubes IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Vibhor Steel Tubes”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now cross on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Vibhor Steel Tubes IPO via Upstox?

Log in to the Upstox Application together with your credentials. Select the IPO. You will see the IPO Name “Vibhor Steel Tubes”. Click on Bid Button. Confirm your Application. Now cross on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Vibhor Steel Tubes IPO via Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the IPO. You will see the IPO Name “Vibhor Steel Tubes”. Click on Bid Button. Confirm your Application. Now cross on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Vibhor Steel Tubes IPO Size?

Vibhor Steel Tubes IPO dimension is ₹72.17 crores.

What is Vibhor Steel Tubes IPO Price Band?

Vibhor Steel Tubes IPO Price Band is ₹141 to ₹151.

What is Vibhor Steel Tubes IPO Minimum and Maximum Lot Size?

The minimal bid is 99 Shares with ₹14,949 quantity whilst the utmost bid is 1287 stocks with ₹194,337.

What is the Vibhor Steel Tubes IPO Allotment Date?

Vibhor Steel Tubes IPO allotment date is February 16, 2024.

What is the Vibhor Steel Tubes IPO Listing Date?

Vibhor Steel Tubes IPO list date is February 20, 2024. The IPO is to checklist on BSE and NSE.

Note: The Vibhor Steel Tubes IPO worth band and date don’t seem to be formally introduced but. The IPO gray marketplace top class (Vibhor Steel Tubes IPO Premium) might be added to the IPO gray marketplace web page as it’s going to get started).



– Source : IPOWATCH

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