Vibhor Steel Tubes IPO Details
| IPO Size | 72.17 |
| Price Range | ₹141 to ₹151 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 99 |
| Investment (cut-off price) | ₹14,949 |
| Pre IPO Promotor Holding | 98.24% |
| Post IPO Promotor Holding | -- |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Vibhor Steel Tubes IPO Timelines
13/02/2024
Start Date15/02/2024
End Date19/02/2024
Refund Initiation19/02/2024
Credit of Shares to Demat Ac20/02/2024
Listing DateVibhor Steel Tubes IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 99 | ₹14,949 |
| Retail Maximum | 13 | 1287 | ₹194,337 |
| S-HNI Minimum | 14 | 1386 | ₹209,286 |
| B-HNI Minimum | 67 | 6633 | ₹1,001,583 |
Vibhor Steel Tubes IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 178.73 x | 721.34 x | 188.17 x | 201.48 x | 298.86 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹425 | ₹446.25 | ₹446.25 | ₹420 |
Vibhor Steel Tubes IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹511.51 | ₹507.35 | ₹0.69 |
| FY 2022 | ₹818.48 | ₹803.12 | ₹11.33 |
| FY 2023 | ₹1114.38 | ₹1086.15 | ₹21.07 |
About Company
Vibhor Steel Tubes Limited manufactures and exports steel pipes and tubes, including Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. The company was established in 2003 and it primarily caters to heavy engineering sector in India.
The company offers an extensive selection of steel pipes and tubes, with varying lengths tailored to customer specifications. Its manufacturing process encompasses a diverse array of shapes and sizes, including square, round, rectangular, elliptical, or any custom design.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2003 | Iron & Steel | Vibhor Kaushik |
Know Before Investing
Vibhor Steel Tubes IPO Strengths
- The company is associated with Jindal Pipes Limited.
- Its manufacturing units are strategically located.
- The company follows international standard manufacturing practices and has international accreditations.
- It exports manufactured goods for the Jindal Pipes Limited.
- Its well-developed distribution and marketing network are a big plus.
- Strong financial performance.
- Experienced Promoters and professional senior management team.
Vibhor Steel Tubes IPO Risks
- The company has reported negative cash flows.
- The business is quite capital-intensive.
- Trade Receivables and Inventories form a substantial part of the current assets, which needs to be maintained efficiently.
- It has incurred losses during recent financial years.
- The company has very high working capital requirements.
- Exposed to foreign regulatory and forex exchange risks.
Swot Analysis for Vibhor Steel Tubes IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
Company Details
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/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Vibhor Steel Tubes IPO are:
- Funding of working capital requirements of their Company.