Hariom Pipe Industries Limited IPO Review
Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron are among the iron and steel products manufactured by Hariom Pipe Industries Limited. Under the brand name “Hariom Pipes,” the company sells and markets MS Pipes in western and southern India. The company sells MS Pipes and Scaffoldings to specific developers and contractors as part of its B2B sales. Hariom Pipe Industries sells its products through more than 200 dealers and distributors. The headquarters of the company are in Hyderabad, Telangana.
The company operates two plants, one in Telangana’s Mahabubnagar District (Unit I), which manufactures finished steel products from iron scrap and sponge iron, and the other in Andhra Pradesh’s Anantapur District (Unit II), which only manufactures Sponge Iron.
IPO Opening Date | Mar 30, 2022 |
IPO Closing Date | Apr 5, 2022 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹144 to ₹153 per equity share |
Market Lot | 98 Shares |
Min Order Quantity | 98 Shares |
Listing At | BSE, NSE |
Issue Size | 8,500,000 Eq Shares of ₹10 (aggregating up to ₹130.05 Cr) |
Fresh Issue | 8,500,000 Eq Shares of ₹10 (aggregating up to ₹130.05 Cr) |
QIB Shares Offered | Not more than 30% |
Retail Shares Offered | Not less than 35% |
NII (HNI) Shares Offered | Not less than 35% |
Particulars | For the year/period ended (Rs in Lakhs) | |
| 30-Sep-21 | 31-Mar-21 |
Total Assets | 19,881.96 | 17,374.03 |
Total Revenue | 20,116 | 25,482.31 |
Profit After Tax | 1,286.90 | 1,513.20 |
Particulars | For the year/period ended (Rs in Lakhs) | |
| 31-Mar-20 | 31-Mar-19 |
Total Assets | 13,967.72 | 10,335.11 |
Total Revenue | 16,115.05 | 13,391.56 |
Profit After Tax | 790.83 | 802 |
| FY2019 | FY2020 | FY2021 | |
| EPS | 7.34 | 5.93 | 9.80 |
| PE ratio | NA | NA | 14.69 – 15.61 |
| RONW (%) | 22.22 | 16.37 | 21.38 |
| ROCE (%) | 22.44 | 24.77 | 27.41 |
| EBITDA (%) | 12.95 | 14.81 | 13.72 |
| Debt/Equity | 1.55 | 1.41 | 1.13 |
| NAV | (242.50) | 36.50 | 49.79 |
Updated Soon.
Listing Performance of Hariom Pipe Industries Limited IPO
Listed On : BSE NSE
Issue Price : ₹144 to ₹153 per equity share
Listing Day Close :
Listing Day Gain :
NSE : NA
ISIN CODE : INE00EV01017
BSE : NA
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IPO Open Date | Mar 30, 2022 |
IPO Close Date | Apr 5, 2022 |
Basis of Allotment Date | Apr 8, 2022 |
Initiation of Refunds | Apr 11, 2022 |
Credit of Shares to Demat Account | Apr 12, 2022 |
IPO Listing Date | Apr 13, 2022 |
Hariom Pipe Industries Limited
Plot 3-4-174/12/2,
1st Floor, Samarpan Lane, Besides Spencer’s
Pillar No. 125, Attapur, Hyderabad – 500 048
Phone: +91 40 2401 6101
Email: cs@hariompipes.com
Website: http://www.hariompipes.com/
KFintech Private Limited
Phone: 04067162222, 04079611000
Email: ipo@bigshareonline.com
Website: https://karisma.kfintech.com/
Investor Category | Subscription (times) |
Qualified Institutions | 0.44 |
Non-Institutional Buyers | 0.32 |
Retail Investors | 3.55 |
Employees | [.] |
Others | [.] |
Total | 1.48 |
Hariom Pipe Industries Limited IPO FAQ's
The Hariom Pipe Industries Limited IPO is a NSE BSE IPO of ₹144 to ₹153 per equity share with a face value of 10 per equity share.
The issue size is priced at 8,500,000 Eq Shares of ₹10 (aggregating up to ₹130.05 Cr).
The fresh issue size priced at8,500,000 Eq Shares of ₹10 (aggregating up to ₹130.05 Cr).
The initial public offering (IPO) begins on Mar 30, 2022 and ends on April 5, 2022.
The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and BSE.
The Hariom Pipe Industries Limited IPO opens on Mar 30, 2022 and closes on April 5, 2022.
Hariom Pipe Industries Limited IPO Market lot size is 98 Shares and the minimum order quantity is 98 Shares.
The finalisation of Basis of Allotment for Hariom Pipe Industries Limited IPO will be done on April 8, 2022. and the allotted shares will be credited to your demat account by April 12, 2022. Check the Hariom Pipe Industries Limited IPO status.
The Hariom Pipe Industries Limited IPO listing date is on April 13, 2022.
Hariom Pipe Industries Limited IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
Hariom Pipe Industries Limited IPO Comments
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