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Vibhor Steel Tubes

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.

₹141 - ₹151320.05x sub
Listed Price₹425.00
Listing Gain+181.46%

IPO Schedule & Timeline

Book Built Issue IPO
Open13 Feb 2024
Close15 Feb 2024
Allotment16 Feb 2024
Listing20 Feb 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail16,62,480 shares
34.78%
Nii(hni)7,12,491 shares
14.91%
QIB9,50,062 shares
19.88%
Employees29,502 shares
0.62%

Minimum Application Lots

Retail1 Lot (99 shares)
₹14,949
sHNI14 Lots (1,386 shares)
₹2,09,286
bHNI67 Lots (6,633 shares)
₹10,01,583

Company Promoters

Mr. Vijay KaushikMr. Vibhor KaushikMrs. Vijay Laxmi KaushikM/s. Vijay Kaushik HUF

Company Background

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 ind...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-23)₹1114.38 Cr
Growth+117.9%
Revenue Trend (₹ in Crores)
0.0427.2854.41.3kMar-21Mar-22Mar-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-231,114.3821.07293.63152.38
Mar-22818.4811.33248.54127.05
Mar-21511.510.69172.9374.22

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
202314.8525.51%16.48%10.170
2022017.11%12.09%00
202301.14%9.90%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
16 Feb 2024
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
20 Feb 2024

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Vibhor Steel Tubes. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Allotment Schedule & Milestones

IST
1. Allotment Finalization16 Feb 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date20 Feb 2024Trading commences on exchange

How to Check Vibhor Steel Tubes Allotment Online

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2Select Company

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3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Vibhor Steel Tubes IPO

Complete issue overview for Vibhor Steel Tubes (VSTL) IPO. The issue features an equity share price band of ₹141 – ₹151 per share with a minimum retail lot size of 99 Shares (minimum application amount of ₹14,949). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions