Vibhor Steel Tubes Ltd. IPO
Issue Price
₹151
GMP
—
Lot Size
99
Face Value
₹10
Issue Size
4,779,443 shares (aggregating up to ₹72 Cr)
Subscription
—
IPO Timeline
Open Date13-Feb-24
Close Date15-Feb-24
Allotment16-Feb-24
Refund Initiation19-Feb-24
Demat Credit19-Feb-24
UPI Mandate Deadline15-Feb-24
Listing Date20-Feb-24
Lock-in (30%)17-Mar-24
Lock-in (50%)16-May-24
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,374,970 (50%) | — | ₹3,586 Cr |
| NII (HNI) | — | 712,491 (15% | — | ₹1,076 Cr |
| Retail | — | 1,662,479 (35%) | — | ₹2,510 Cr |
| Employee | — | 29,503 (1%) | — | ₹4 Cr |
| Σ Total | — | 4,779,443 (100%) | — | ₹72,170 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹151
Face Value₹10
Lot Size99 shares
Issue Size4,779,443 shares (aggregating up to ₹72 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeNSE & BSE
Sale TypeFresh Capital
Script Code—
Net Offer to Public—
Amount InCrore
Stock Price History · BSE
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L—
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Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 99 | ₹14,949 |
| Retail (Max) | 13 | 1,287 | ₹194,337 |
| S-HNI (Min) | 14 | 1,386 | ₹209,286 |
| B-HNI (Min) | 67 | 6,633 | ₹1,001,583 |
Retail1 lot(s)99 shares₹14,949
Financial Statements Amount in Crore
| Metric | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 531 | 1,114 | 818 |
| Profit After Tax | 9 | 21 | 11 |
| Net Worth | 102 | 93 | 72 |
| Total Assets | 376 | 294 | 249 |
| Total Borrowing | 160 | 127 | 106 |
Valuation & Key Ratios
ROE26%
ROCE16%
RONW23%
PAT Margin—
EBITDA Margin—
Debt/Equity2
P/BV2
Pre EPS₹15
Post EPS₹9
Pre P/E10
Post P/E17
Grey Market Premium (GMP)
—
Current GMP
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding of working capital requirements of the company; and –
- General corporate purposes. –
Company Overview
Founded in 2003, 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 January 24, 2024 the company had a total of 640 permanent employees.
Company Information
AddressPlot No. 2, Industrial Development Colony, Delhi Road, Hisar -125005 Hisar, Haryana
Phone+91 7030322880
Emailcs@vstlindia.com
Websitehttp://www.vstlindia.com/