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| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹130.05 Cr |
| Fresh Issue | ₹130.05 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹144.00-153.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543517 |
| NSE Code | HARIOMPIPE |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | ITI Capital Ltd. |
| Allotment Status | |
| DRHP | |
| RHP | |
| Final Prospectus |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 98 shares and in multiples thereof
Hariom Pipe Industries Limited manufactures iron and steel products including Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. The company sells and markets MS Pipes in the western and southern parts of India under the brand name "Hariom Pipes". As part of the B2B sales, the company sells MS Pipes and Scaffoldings to specific developers and contractors. Hariom Pipe Industries has more than 200 dealers and distributors for selling its products. The company is located in Hyderabad, Telangana.
The company operates two plants, one at Mahabubnagar District in Telangana (Unit I) that manufactures finished steel products from iron scrap and sponge iron and the second plant at Anantapur District, Andhra Pradesh (Unit II) that only manufactures Sponge Iron.
Hariom Pipe Industries has more than 200 employees, 1400 plus Retailers distribution network, 150 plus manufacturing specifications, and a total of 300832 MT manufacturing capacity.
Competitive Strengths:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements | 50.05 |
| 2 | Funding the working capital requirements of the Company | 40.00 |
| 3 | General Corporate Purposes | 30.35 |
| Total | 120.40 |
| Period Ended | 31 Dec 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 205.32 | 173.74 | 139.68 | 103.35 |
| Total Income | 309.07 | 254.82 | 161.15 | 133.92 |
| Profit After Tax | 22.19 | 15.13 | 7.91 | 8.02 |
| EBITDA | 41.64 | 34.97 | 23.86 | 17.35 |
| NET Worth | 93.05 | 70.79 | 48.30 | 36.09 |
| Reserves and Surplus | 76.07 | 53.83 | 35.07 | 22.86 |
| Total Borrowing | 89.01 | 80.17 | 68.17 | 55.82 |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 21.38% |
| ROCE | 27.41% |
| Debt / Equity | 1.13% |
| RoNW | 21.38% |
| PAT Margin | 5.94% |
| EBITDA Margin | 13.72% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 10.64 | |
| P/E (x) | 15.15 | |
| Promoter Holding | 99.10% | 66% |
| Market Cap | ₹389.79 Cr. | |
