Issue Price
₹326
Per Share
GMP
NIL
Grey Market
Est. Listing
₹326
Expected Price
Min. Application
₹29,992
2 lots × 46 shares
Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel pipes and tubes. The company is manufacturing stainless steel tube products in two broad categories - seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel box pipes.Venus Pipes & Tubes Limited has one manufacturing plant which is located at Bhuj-Bhachau highway, Dhaneti (Kutch, Gujarat) with an installed capacity of 10,800 MT per annum.The company sells products in both domestic and international markets. Venus Pipes & Tubes exports its products to 18 countries including Brazil, the UK, Israel and countries in the European Union, etc.Competitive Strengths:International Accreditations and product approvals.Specialised production of Stainless Steel Pipes and Tubes.Multi-fold demand for our Products.Customer Diversification.Experienced and Qualified Team.
Venus Pipes & Tubes Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 5,074,100 | 100.00% | ₹165.42 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 46 | ₹14,996 |
| Retail (Max) | 13 | 598 | ₹194,948 |
| sNII (Min) | 14 | 644 | ₹209,944 |
| bNII (Min) | 68 | 3,128 | ₹1,019,728 |
| Particulars | 31-Dec-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue from Operations | 278.28 | 312.03 | 179.32 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 23.60 | 23.63 | 4.13 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 246.28 | 137.54 | 107.19 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |