ListedMainboardVENUSPIPES

Venus Pipes and Tubes Limited

Venus Pipes and Tubes Limited is a mainboard IPO raising ₹165 Cr at ₹310 – ₹326 a share. It listed on 24 May 2022 and trades at ₹1,671 today, +412.6% against its issue price of ₹326. It was subscribed 16× in total.

326
Issue price
1,671
Price now
+412.6%
Since issue price
24 May 2022
Listed on
16×Subscribed (final) · all exchanges

16.3 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹310 – ₹326
Cut-off price₹326
Issue size₹165 Cr
Shares per lot46
Minimum application₹14,996
Minimum quantity46
Face value₹10
Listing exchanges
ISININE0JA001018
Bidding hours10:00 – 17:00 IST
Bidding window11 May 2022 – 13 May 2022

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.