Issue Price
₹151
Per Share
GMP
NIL
Grey Market
Est. Listing
₹151
Expected Price
Min. Application
₹29,898
2 lots × 99 shares
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 pipesCrash 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.
Vibhor Steel Tubes Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 4,779,443 | 100.00% | ₹72.17 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 99 | ₹14,949 |
| Retail (Max) | 13 | 1,287 | ₹194,337 |
| sNII (Min) | 14 | 1,386 | ₹209,286 |
| bNII (Min) | 68 | 6,732 | ₹1,016,532 |
| Particulars | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 531.24 | 1114.38 | 818.48 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 8.52 | 21.07 | 11.33 |
| Net Worth | 101.76 | 93.20 | 71.97 |
| Total Assets | 376.48 | 293.63 | 248.54 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | 160.27 | 126.83 | 106.07 |