Hariom Pipe Industries Limited IPO
Mainboard₹14,994 / 98 Shares
Hariom Pipe Industries Limited IPO Details
The Hariom Pipe Industries Limited IPO price band is set between ₹144-153 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 30 Mar, 2022 and closes on 5 Apr, 2022. Investors can check the allotment status on 8 Apr, 2022, while the listing date is tentatively scheduled for 13 Apr, 2022.
The total issue size is 8,500,000 Eq Shares of ₹10 , aggregating up to ₹130.05 Cr. Stay tuned for the latest Hariom Pipe Industries Limited IPO review and GMP updates.
Hariom Pipe Industries Limited IPO Review, Rating & Analysis
Hariom Pipe Industries Limited IPO Review
NO REVIEWHariom Pipe Industries Limited IPO Rating
Hariom Pipe Industries Limited IPO Highlights
IPO Date
Mar 30, 2022 - Apr 5, 2022
Listing Date
13 Apr, 2022
Face Value
₹10 Per Equity Share
Price Band
₹144-153 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Hariom Pipe Industries Limited IPO Lot Size
The minimum market lot for Hariom Pipe Industries Limited IPO is 98 shares with an application amount of ₹14,994. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 98 | ₹14,994 |
| Retail (Max) | 13 | 1274 | ₹1,94,922 |
| S-HNI (Min) | 14 | 1372 | ₹2,09,916 |
| S-HNI (Max) | 66 | 6468 | ₹9,89,604 |
| B-HNI (Min) | 67 | 6566 | ₹10,04,598 |
Hariom Pipe Industries Limited IPO Timeline
Issue Price
₹144-153 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdLead Manager
ITI Capital LtdIssue Size
8,500,000 Eq Shares of ₹10 (aggregating up to ₹130.05 Cr)#Fresh Issue: 8,500,000 Eq Shares of ₹10 (aggregating up to ₹130.05 Cr)Hariom Pipe Industries Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Sep 21 | 198.81 | 201.16 | 12.86 | - | - | - |
| 31 Mar 21 | 173.74 | 254.82 | 15.13 | - | - | - |
| 31 Mar 20 | 139.67 | 161.15 | 7.90 | - | - | - |
| 31 Mar 19 | 103.35 | 133.91 | 8.02 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Rupesh Gupta
- Mr. Sailesh Gupta
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.10% | N/A% |
About Company
Hariom Pipe Industries Limited manufactures iron and steel products including Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. The company sells and markets MS Pipes in the western and southern parts of India under the brand name Hariom Pipes. As part of the B2B sales, the company sells MS Pipes and Scaffoldings to specific developers and contractors. Hariom Pipe Industries has more than 200 dealers and distributors for selling its products. The company is located in Hyderabad, Telangana.The company operates two plants, one at Mahabubnagar District in Telangana (Unit I) that manufactures finished steel products from iron scrap and sponge iron and the second plant at Anantapur District, Andhra Pradesh (Unit II) that only manufactures Sponge Iron.Hariom Pipe Industries has more than 200 employees, 1400 plus Retailers distribution network, 150 plus manufacturing specifications, and a total of 300832 MT manufacturing capacity.
Hariom Pipe Industries Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 2,550,000 | 2,975,000 | 2,975,000 | 8,500,000 |
Day 1 -30-03-21 05:00 PM | 0.00 x | 0.02 | 1.88 x | 0.67 x |
Day 2 -31-03-21 05:00 PM | 0.44 x | 0.32 | 3.55 x | 1.48 x |
Day 3 -01-04-21 05:00 PM | 0.44 x | 0.33 | 4.66 x | 1.88 x |
Day 4 -04-04-21 05:00 PM | 0.82 x | 1.93 | 7.17 x | 3.43 x |
Day 5 -05-04-21 05:00 PM | 1.91 x | 8.87 | 12.15 x | 7.93 x |
10.78 times
Frequently Asked Questions about Hariom Pipe Industries Limited IPO IPO
When will Hariom Pipe Industries Limited IPO open for subscription?
The Hariom Pipe Industries Limited IPO opens on 30 Mar, 2022 and closes on 5 Apr, 2022.
What is the investors portion for Hariom Pipe Industries Limited IPO?
The investors' portion for QIB is 1.91 x, NII is 8.87, and Retail is 12.15 x.
How to apply for Hariom Pipe Industries Limited IPO?
You can apply for Hariom Pipe Industries Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Hariom Pipe Industries Limited IPO?
The issue size of Hariom Pipe Industries Limited IPO is approx ₹8,500,000 Eq Shares of ₹10 (aggregating up to ₹130.05 Cr)#Fresh Issue: 8,500,000 Eq Shares of ₹10 (aggregating up to ₹130.05 Cr) crores.
What is the price band of Hariom Pipe Industries Limited IPO?
The price band for Hariom Pipe Industries Limited IPO is ₹144 to ₹153 per equity share.
What is the lot size of Hariom Pipe Industries Limited IPO?
The minimum bid (lot size) for Hariom Pipe Industries Limited IPO is N/A shares with an investment of approx ₹14,994 .
What is the allotment date of Hariom Pipe Industries Limited IPO?
The allotment date for Hariom Pipe Industries Limited IPO is 8 Apr, 2022.
What is the listing date of Hariom Pipe Industries Limited IPO?
The listing date for Hariom Pipe Industries Limited IPO is expected to be 13 Apr, 2022.
What is the GMP of Hariom Pipe Industries Limited IPO?
The latest Grey Market Premium (GMP) for Hariom Pipe Industries Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.