Hariom Pipe Industries Limited IPO

Mainboard

Engineering

Listed On: Apr 13, 2022 at ₹ 220.00(NSE)

₹ 14994 /98 Shares

Check Allotment

Price Summary

Last Closing

570.00 (272.55%)

52 Week High

888.75

52 Week Low

440.05

Last Update

25-Nov-2024 3:30 PM

IPO Details

30 Mar, 2022

Open Date

05 Apr, 2022

Close Date

08 Apr, 2022

Allotment Date

13 Apr, 2022

Listing Date

Issue Price

₹144-153 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Bigshare Services Pvt Ltd

List Price

220.00(NSE)

Listing Date

2022-04-13

Market Lot

98 Shares (₹14,994/-)

Lead Manager

ITI Capital Ltd

Issue 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)

Retail Portion

35% (Number of Retail Applications : 30,300 Approx)

Subscription

7.93 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB	NII	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

Total No. of Applications: 327233 (Approx)

Retail Subscription on the basis of Applications: 10.78 times

Valuations

Earnings Per Share (EPS)

₹5.94/-

P/E Ratio

25.75

RoNW

21.38%

Net Asset Value (NAV) - As on 30.09.21

₹80.91

Company Financials All values are in ₹ Cr.

	31-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Assets	198.81	173.74	139.67	103.35
Revenue	201.16	254.82	161.15	133.91
Profit After Tax	12.86	15.13	7.90	8.02

About The 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.

- Promoter(s)

Pre Issue Share Holding: 99.10%

Post Issue Share Holding: N/A%

Company Promoter(s)

Mr. Rupesh Gupta
Mr. Sailesh Gupta

IPO - Issue Objectives

Capital Expenditure in relation to the expansion of manufacturing facility at Mahabubnagar, Dist., Telangana
Repayment of unsecured loans
Finance Working Capital Requirements
General Corporate Purposes
Issue Related Expenses

IPO - FAQs

Ans. Hariom Pipe Industries Limited IPO is a Mainboard IPO. The issue is priced at ₹144-153 per equity share. The minimum order quantity is 98 Shares. The IPO opens on Mar 30, 2022, and closes on Apr 5, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Hariom Pipe Industries Limited IPO opens on Mar 30, 2022 and closes on Apr 5, 2022.

Ans. The size of Hariom Pipe Industries Limited IPO is 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).

Ans. The IPO price band is set between ₹144-153 per equity share.

Ans. To apply for Hariom Pipe Industries Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Hariom Pipe Industries Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Hariom Pipe Industries Limited IPO is Apr 8, 2022.

Ans. The Hariom Pipe Industries Limited IPO will be listed on Apr 13, 2022.

Ans. Follow the steps to check the allotment status for Hariom Pipe Industries Limited IPO here.