Listed Price₹425.00
Listing Gain+181.46%
Price Band₹141 - ₹151
Lot Size99 shares
Min Bid₹14,949
Subscription320.05x
Listed Market Snapshot
₹425.00Listed price from market data
+181.46%listing gain
Issue Amount
₹72.17 Cr
Listed Price
₹425.00
Current Price
₹118.19
Registrar
Kfin Technologies Limited
Timeline•Book Built Issue IPO
Open13 Feb 2024
Close15 Feb 2024
Allotment16 Feb 2024
Listing20 Feb 2024
Quota Reservation Portions
RetailPortion: 16,62,480 shares
34.78%Nii(hni)Portion: 7,12,491 shares
14.91%QIBPortion: 9,50,062 shares
19.88%EmployeesPortion: 29,502 shares
0.62%Minimum Application Bracket Matrix
Retail1 lots / 99 shares
₹14,949sHNI14 lots / 1,386 shares
₹2,09,286bHNI67 lots / 6,633 shares
₹10,01,583About the Company
Vibhor Steel Tubes Limited is a major Indian manufacturer, exporter, and supplier of steel pipes and tubes used in heavy engineering industries, offering products such as ERW pipes for water, oil, and gas supply, hot-dipped galvanized pipes for agriculture and infrastructure, hollow section pipes in square and rectangular shapes, primer-painted pipes for industrial use, and crash barriers for railways, highways, and roads. The company operates two manufacturing units in Raigad, Maharashtra and Mahabubnagar, Telangana, along with a warehouse in Hisar, Haryana, and as of September 28, 2023, it had a workforce of 636 employees, including factory staff.
Company Promoters
Mr. Vijay KaushikMr. Vibhor KaushikMrs. Vijay Laxmi KaushikM/s. Vijay Kaushik HUF
Lead Managers
Registrar
Kfin Technologies Limited