Vibhor Steel Tubes Limited
Mainboard₹14,949 / 99 Shares
Vibhor Steel Tubes Limited IPO Details
The Vibhor Steel Tubes Limited IPO price band is set between ₹141-151 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 13 Feb, 2024 and closes on 15 Feb, 2024. Investors can check the allotment status on 16 Feb, 2024, while the listing date is tentatively scheduled for 20 Feb, 2024.
The total issue size is Approx 72 Crores, aggregating up to . Stay tuned for the latest Vibhor Steel Tubes Limited IPO review and GMP updates.
Vibhor Steel Tubes Limited IPO Review, Rating & Analysis
Vibhor Steel Tubes Limited IPO Review
NO REVIEWVibhor Steel Tubes Limited IPO Rating
Vibhor Steel Tubes Limited IPO Highlights
IPO Date
Feb 13, 2024 - Feb 15, 2024
Listing Date
20 Feb, 2024
Face Value
₹10 Per Equity Share
Price Band
₹141-151 per equity share
Lot Size
99 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Vibhor Steel Tubes Limited IPO Lot Size
The minimum market lot for Vibhor Steel Tubes Limited IPO is 99 shares with an application amount of ₹14,949. 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 | 99 | ₹14,949 |
| Retail (Max) | 13 | 1287 | ₹1,94,337 |
| S-HNI (Min) | 14 | 1386 | ₹2,09,286 |
| S-HNI (Max) | 66 | 6534 | ₹9,86,634 |
| B-HNI (Min) | 67 | 6633 | ₹10,01,583 |
Vibhor Steel Tubes Limited IPO Timeline
Issue Price
₹141-151 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
Khambatta Securities LimitedIssue Size
Approx 72 CroresVibhor Steel Tubes Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 293.63 | 1114.38 | 21.07 | 93.20 | - | 126.83 |
| 31 Mar 22 | 248.54 | 818.48 | 11.33 | 71.97 | - | 106.07 |
| 31 Mar 21 | 172.93 | 511.51 | 0.69 | 60.49 | - | 58.74 |
All values are in ₹ Cr.
Vibhor Steel Tubes Limited IPO Valuations
EPS Pre IPO
₹14.85/-EPS Post IPO
₹8.99/-PE Pre IPO
10.17PE Post IPO
16.80ROE
25.51%ROCE
16.48%Debt Equity
1.63RoNW
22.60%PAT Margin
-Price to Book Value
2.30Promoters & Share Holding
Promoter(s) Name
- Mr. Vijay Kaushik
- Mr. Vibhor Kaushik
- Mrs. Vijay Laxmi Kaushik
- M/s. Vijay Kaushik HUF
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 98.24% | N/A% |
About Company
Vibhor Steel Tubes Limited manufactures, exports and supplies steel pipes and tubes to various heavy engineering industries in India.
The company's product portfolio includes:
ERW pipes for application in water transport, oil, gas and other non-toxic supplies.
Hot-dipped galvanized pipes for application in agriculture and infrastructure.
Hollow section pipes in square and rectangular forms.
Primer painted pipes
Crash barriers for application in railways, highways, and roads.
The company has two manufacturing facilities in Raigad, Maharashtra and Mahabubnagar (Dist.), Telangana and a warehouse in Hisar, Haryana.
As of September 28,2023, the company had a total of 636 employees, including workers.
Vibhor Steel Tubes Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 950,064 | 712,491 474,995 237,497 | 1,662,479 | 3,354,537 |
Day 1 -13-02-24 05:00 PM | 3.56 x | 48.33 43.42 x 58.14 x | 32.51 x | 27.63 x |
Day 2 -14-02-24 05:00 PM | 8.52 x | 252.20 236.71 x 283.16 x | 90.28 x | 101.42 x |
Day 3 -15-02-24 05:00 PM | 178.73 x | 721.22 704.42 x 754.83 x | 187.79 x | 298.64 x |
Company Contact Details
Vibhor Steel Tubes Limited
Plot No. 2, Industrial Development Colony, Delhi Road, Hisar -125005Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: vibhor.ipo@kfintech.com
Frequently Asked Questions about Vibhor Steel Tubes Limited IPO
When will Vibhor Steel Tubes Limited IPO open for subscription?
The Vibhor Steel Tubes Limited IPO opens on 13 Feb, 2024 and closes on 15 Feb, 2024.
What is the investors portion for Vibhor Steel Tubes Limited IPO?
The investors' portion for QIB is 178.73 x, NII is 704.42 x, and Retail is 187.79 x.
How to apply for Vibhor Steel Tubes Limited IPO?
You can apply for Vibhor Steel Tubes 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 Vibhor Steel Tubes Limited IPO?
The issue size of Vibhor Steel Tubes Limited IPO is approx ₹Approx 72 Crores crores.
What is the price band of Vibhor Steel Tubes Limited IPO?
The price band for Vibhor Steel Tubes Limited IPO is ₹141 to ₹151 per equity share.
What is the lot size of Vibhor Steel Tubes Limited IPO?
The minimum bid (lot size) for Vibhor Steel Tubes Limited IPO is N/A shares with an investment of approx ₹14,949 .
What is the allotment date of Vibhor Steel Tubes Limited IPO?
The allotment date for Vibhor Steel Tubes Limited IPO is 16 Feb, 2024.
What is the listing date of Vibhor Steel Tubes Limited IPO?
The listing date for Vibhor Steel Tubes Limited IPO is expected to be 20 Feb, 2024.
What is the GMP of Vibhor Steel Tubes Limited IPO?
The latest Grey Market Premium (GMP) for Vibhor Steel Tubes 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.