Vibhor Steel Tubes Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

13 Feb 2024

Close Date

15 Feb 2024

Allotment

16 Feb 2024

Listing Date

20 Feb 2024

Exchange

NSE & BSE

Price Band

₹151

Listing Price

See chart

Allotment Status

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Price Band

₹151

Per share

Face Value

₹10 per share

Lot Size

99 Shares

per lot

Issue Size

47,79,443 shares (aggregating up to ₹72.17 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,949

1 lot

Pre-IPO Holding

1,41,83,000 shares

Promoters

Post-IPO Holding

1,89,62,444 shares

Promoters

P/E (Pre)

10.17x

P/E (Post)

16.8x

EPS (Pre)

₹14.85

EPS (Post)

₹8.99

UPI Deadline

2024-02-15

Mandate

Anchor AllotmentMon, 12 Feb 2024

Basis of AllotmentFri, 16 Feb 2024

Refund InitiationMon, 19 Feb 2024

Demat CreditMon, 19 Feb 2024

Listing DayTue, 20 Feb 2024

UPI Mandate Deadline2024-02-15

Sale TypeFresh Capital

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Vibhor Steel Tubes Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 15 Feb 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,779,443	100%	₹72.17

IPO Shares Offered

Vibhor Steel Tubes Ltd. IPO total issue size: ₹72.17 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	4,779,443	₹72.17	100.00%

* Based on upper price band ₹151 per share

Lot Size & Investment

Lot Size

Shares per Lot

Issue Price

₹151.00

Upper Band

Min Investment

₹14,949

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	198	₹29,898
Retail (Max — 13 Lots)	13	1,287	₹194,337
S-HNI (Min — 14 Lots)	14	1,386	₹209,286
B-HNI (Min — 68 Lots)	68	6,732	₹1,016,532

* Issue Price ₹151 × Lot Size 99 shares

IPO Schedule

Anchor

12 Feb 2024

✓ Done

IPO Open

13 Feb 2024

✓ Done

IPO Close

15 Feb 2024

✓ Done

Allotment

16 Feb 2024

✓ Done

Refunds

19 Feb 2024

✓ Done

Demat Credit

19 Feb 2024

✓ Done

Listing Day

20 Feb 2024

✓ Done

₹151.00

INR · BSE

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Issue ₹151.00 Live Price

About Vibhor Steel Tubes Ltd.

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.

Objects of the Issue

Funding of working capital requirements of the company; and

General corporate purposes.

Vibhor Steel Tubes Ltd. Financials (Amount in Crore)

Revenue from Operations

₹818.5

31 Mar 2022

₹1,114.4

31 Mar 2023

₹531.2

30 Sep 2023

Profit After Tax (PAT)

₹11.3

31 Mar 2022

₹21.1

31 Mar 2023

₹8.5

30 Sep 2023

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
Borrowings	160.27	126.83	106.07
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

P/BV Ratio

2.30

RoE

25.51%

RoCE

16.48%

RoNW

22.60%

Debt/Equity

1.63

Issue Structure & Shareholding

Total Shares Offered47,79,443 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding1,41,83,000 shares

Post-Issue Promoter Holding1,89,62,444 shares

P/BV Ratio2.30

RoE25.51%

RoCE16.48%

Debt / Equity1.63

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

vibhor.ipo@kfintech.com

https://ipostatus.kfintech.com/

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Book Running Lead Managers

Khambatta Securities Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Vibhor Steel Tubes Ltd. IPO subscribed? ▲

Vibhor Steel Tubes Ltd. IPO is subscribed 1.00 times by Feb 15, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Vibhor Steel Tubes Ltd. IPO retail subscription status? ▼

The Vibhor Steel Tubes Ltd. IPO retail category is subscribed 1.00 times as of 15 Feb 2024. The retail portion is oversubscribed.

How to subscribe Vibhor Steel Tubes Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 13 Feb 2024 and closes 15 Feb 2024. Min investment: ₹14,949 (1 lot = 99 shares). UPI mandate: 2024-02-15.

How many times Vibhor Steel Tubes Ltd. IPO subscribed? ▼

The Vibhor Steel Tubes Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Vibhor Steel Tubes Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 16 Feb 2024. Refunds: on 19 Feb 2024.

When Vibhor Steel Tubes Ltd. IPO will be listed? ▼

The Vibhor Steel Tubes Ltd. IPO listing date is 20 Feb 2024, Tuesday. Listed on: NSE & BSE. Issue price: ₹151. Estimated listing: ₹151. GMP: NIL.

When Vibhor Steel Tubes Ltd. IPO close? ▼

The Vibhor Steel Tubes Ltd. IPO closes on 15 Feb 2024, Thursday. UPI mandate: 2024-02-15. Allotment: 16 Feb 2024. Listing: 20 Feb 2024.

Quick Actions

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Live Price LIVE

Last Price₹151.00

Change—

Issue Price₹151.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹151

Face Value₹10

Lot Size99 Sh

Min. Amount₹14,949

GMPNIL

Est. Listing₹151

Subscribed1.00x

Open Date13 Feb 2024

Close Date15 Feb 2024

Allotment16 Feb 2024

Listing Date20 Feb 2024

ExchangeNSE & BSE

UPI Deadline2024-02-15