FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Vibhor Steel Tubes IPO Details 2024

IPO Status: Listed [13th Feb 2024 to 15th Feb 2024]

Rated 3/5 by Team InvestorGain
Vibhor Steel Tubes IPO Detail

Vibhor Steel Tubes Limited has announced the launch of its IPO at the prestigious BSE and NSE Exchange. The total issue size for this IPO is Rs 72.17 Cr, which is 100% Fresh Issue. The IPO application will be open from 13 Feb to 15 Feb 2024. The face value of each share is Rs 10, and the issue price for this IPO application is range from Rs 141 to Rs 151 per share, with a lot size of 99 shares or its multiple as specified in the offer document.

To stay up-to-date with the latest information on Vibhor Steel Tubes Limited’s IPO , such as the company overview, financials, live subscription, allotment, GMP and more, please keep visiting this website.

Vibhor Steel Tubes IPO Details

IPO Issue Opening Date: 13th Feb 2024
IPO Issue Closing Date: 15th Feb 2024
IPO Issue Price: ₹141.00-151.00 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE, NSE
Retail Quota: Not less than 35.00% of the Offer
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹72.17 Cr
Fresh Issue: ₹72.17 Cr
Face Value: ₹10 Per Equity Share
IPO Discount: TBD
Promoter Holding Pre IPO: 98.24%
Promoter Holding Post IPO:
Allotment Status: Allotment Status
BSE Code: 544124
NSE Code: VSTL

Vibhor Steel Tubes IPO Important Dates

Get important updates regarding Vibhor Steel Tubes IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Vibhor Steel Tubes IPO dates
IPO Activity Date
Basis of Allotment Date* 16th Feb 2024
Refunds Initiation* 19th Feb 2024
Credit of Shares to Demat* 19th Feb 2024
IPO Listing Date* 20th Feb 2024

* - Tentative Dates

Vibhor Steel Tubes IPO Lots

IPO Activity Date
Issue Price ₹141.00-151.00
Market Lot: 99 Shares
1 Lot Amount: ₹14949
Min Small HNI Lots(2-10 Lakh): 1386 shares (14 lots)
Min Big HNI Lots(10+ Lakh): 6633 shares (67 lots)

Vibhor Steel Tubes IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
20-02-2024151.0014010500/147000₹291 (92.72%)20-Feb-2024 9:31
IPO Live GMP
  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Vibhor Steel Tubes

Established in the year 2003, Vibhor Steel Tubes Limited is a manufacturer and exporter of ERW Pipes in mild steel/carbon steel in black and galvanized finish, Hallow Steel Pipe, Cold Rolled Steel Coils. The company has been a manufacturer, exporter and supplier of steel pipes for various heavy industries in India for the last 2 decades. Steel pipes can be used for many purposes like steel pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shock absorbers, steel pipes for various structural purposes, steel pipes for various engineering purposes etc.

The product range of steel tubes is very wide. The lengths of the steel tubes are different unless otherwise specified by the customers. They manufacture steel pipes in various shapes and sizes such as square, round, rectangular and elliptical or any special shape.

The company has its quality team consisting of 627 dedicated employees working at various locations under the overall supervision of the Board of Directors. The quality control team ensures that both the raw materials and finished products are checked for all quality parameters to ensure that they meet international product standards.

Vibhor Steel Tubes IPO Strengths

  • Association with Jindal Pipes Limited.
  • Strategic location of manufacturing units.
  • Experienced promoters and senior management team.
  • International accreditations.
  • Export of finished goods.
  • Well-developed distribution and marketing network.
  • Integrated manufacturing facility.
  • Stable financial.
Incorporation Sector IPO Issue Size Website
2003 Iron & Steel Products ₹72.17 Cr http://www.vstlindia.com/

Vibhor Steel Tubes IPO Objective

The net proceeds of the Issue less the issue-related expenses (Net Proceeds) are proposed to be utilised in the following manner:
  1. Funding of working capital requirements of the company; and
  2. General corporate purposes.
Request call back from Zerodha

Vibhor Steel Tubes IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 950,064 Shares
  • Non-Institutional Investors: 712,491 Shares
  • Retail Individual Investor: 1,662,479 Shares
  • Employees Quota: 29,502 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIIEMPTotal
 # of Shares Offered950,064 (28.32%)712,491 (21.24%)1,662,479 (49.56%)29,5023,354,537
113th Feb 2024 19:043.81x52.14x35.71x30.22x30.12x
214th Feb 2024 19:049.13x270.92x97.90x85.93x109.40x
315th Feb 2024 19:04191.41x772.49x201.52x215.79x320.05x

Vibhor Steel Tubes Limited Financial Information (Restated Consolidated)

Vibhor Steel Tubes Limited's revenue increased by 36.15% and profit after tax (PAT) rose by 85.91% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets376.48293.63248.54172.93
Revenue531.241,114.38818.48511.51
Profit After Tax8.5221.0711.330.69
Net Worth101.7693.2071.9760.49
Total Borrowing160.27126.83106.0758.74
Amount in ₹ Crore

Vibhor Steel Tubes IPO Peer Comparison

The table below show peer comparison from DRHP/RHP.

CompanyEPS BasicEPS DilutedNAVP/E(x)RoNWFinancial statements
Vibhor Steel Tubes Limited14.8514.8565.7110.1722.6Consolidated
Apl Apollo Tubes Ltd.23.1523.15108.3764.8821.36Consolidated
Hi-tech Pipes Limited3.062.1832.7147.919.01Consolidated
Goodluck India Ltd33.3133.31227.4731.0114.16Consolidated
Rama Steel Tubes Ltd1.221.165.3737.7510.97Consolidated

Company Address

Vibhor Steel Tubes Limited
Plot No. 2, Industrial Development Colony,
Delhi Road
Hisar,Haryana-125 005
India
Website: http://www.vstlindia.com/
Phone: +91 7030322880
Email: [email protected]

Vibhor Steel Tubes IPO Registrar

Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Website: https://kosmic.kfintech.com/ipostatus/
Phone: 04067162222, 04079611000
Email: [email protected]

Vibhor Steel Tubes IPO Lead Manager

Vibhor Steel Tubes IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Vibhor Steel Tubes? Should I apply in Vibhor Steel Tubes IPO?

Last Updated on 22-Feb-2024 21:33:12

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Vibhor Steel Tubes IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Vibhor Steel Tubes IPO with Zerodha.

Alternate approch to apply in Vibhor Steel Tubes IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

Vibhor Steel Tubes IPO Review and Important Updates

Other relevant questions :

How to subscribe Vibhor Steel Tubes IPO Zerodha? How to purchase Vibhor Steel Tubes IPO on Zerodha? Vibhor Steel Tubes IPO how to buy Zerodha? Vibhor Steel Tubes IPO Zerodha apply. Vibhor Steel Tubes IPO purchase Zerodha. Vibhor Steel Tubes IPO with Zerodha. Vibhor Steel Tubes IPO at Zerodha. Vibhor Steel Tubes IPO kite Zerodha. Vibhor Steel Tubes IPO using Zerodha. Vibhor Steel Tubes IPO via Zerodha.

 

Apply in Vibhor Steel Tubes IPO online

To subscribe or apply in Vibhor Steel Tubes IPO, you can use the following methods:

MethodDetails
Vibhor Steel Tubes IPO Applying Mode
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in Vibhor Steel Tubes IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in Vibhor Steel Tubes IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in Vibhor Steel Tubes IPO. Most of the Syndicate Banks provide access to apply in Vibhor Steel Tubes IPO via ASBA process. You must have your net banking access, DP ID information to apply in Vibhor Steel Tubes IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in Vibhor Steel Tubes IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

Vibhor Steel Tubes IPO Review and Important Updates

Other relevant question on same topics are:

Where to subscribe Vibhor Steel Tubes IPO? Where to apply for Vibhor Steel Tubes IPO? How to subscribe Vibhor Steel Tubes IPO online? Vibhor Steel Tubes IPO where to apply? Where to buy Vibhor Steel Tubes IPO online? How to buy Vibhor Steel Tubes IPO online? How to purchase Vibhor Steel Tubes IPO? How to get Vibhor Steel Tubes IPO? How to book Vibhor Steel Tubes IPO? How to invest Vibhor Steel Tubes IPO? Vibhor Steel Tubes IPO kaise buy kare?

 

Applying in Vibhor Steel Tubes IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Vibhor Steel Tubes IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

For more details on how to use UPI payment method to apply Vibhor Steel Tubes IPO, please refer article >> Link

Vibhor Steel Tubes IPO Review and Important Updates

Steps to download the online application form for Vibhor Steel Tubes IPO

  • Step1:Click here.
  • Step2: Click on “Bid-cum Application Form Download
  • Step3: Above Step will open an online form.
  • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
  • Step5: Fill bid details - min 99 and max 1287 shares (13 lots).
  • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
  • Step7: This will fill your application online and give you a pdf file.
  • Step8: Take a print of this document and go to your bank for UPI transactions.
  • Or

  • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

Other relevant questions:

How to fill Vibhor Steel Tubes IPO form? How to fill Vibhor Steel Tubes IPO form online? Vibhor Steel Tubes IPO online form? Vibhor Steel Tubes IPO online form fill up? Vibhor Steel Tubes IPO blank form download? Vibhor Steel Tubes IPO bid form? Vibhor Steel Tubes IPO full form? Vibhor Steel Tubes IPO form nse? Vibhor Steel Tubes IPO form bse? Vibhor Steel Tubes IPO form online? Vibhor Steel Tubes IPO form print? Vibhor Steel Tubes IPO application amount?

 

Vibhor Steel Tubes IPO is going to be list on 20-02-2024. NSE Code for Vibhor Steel Tubes is VSTL. BSE Code for Vibhor Steel Tubes is 544124.

Other relevant questions:

When Vibhor Steel Tubes IPO will be listing? Vibhor Steel Tubes IPO NSE listing date?Vibhor Steel Tubes IPO date of listing.Vibhor Steel Tubes IPO BSE listing date?

 

Vibhor Steel Tubes IPO Allotment Date is 16-02-2024.

Other relevant questions:

Vibhor Steel Tubes IPO share allotment date?Vibhor Steel Tubes IPO allotment date?

 


User Reviews

5. Santosh deval Feb 14 2024 11:30:45 PM Reply
I hope good
4. Chandra Shekhar Tripathi  Feb 06 2024 09:45:16 PM Reply
Vibhor Steel Tubes IPO expected listing gain.
3. Suman Das Feb 06 2024 09:45:16 PM Reply
Please confirm Vibhor Steel Tubes IPO GMP (grey market premium) and kostak.
2. Vadde Khadgam Raju  Feb 06 2024 09:45:16 PM Reply
Vibhor Steel Tubes IPO good or bad.
1. Ganeshkumar Feb 06 2024 09:45:16 PM Reply
Vibhor Steel Tubes IPO whether to invest or not.