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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Venus Pipes & Tubes Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹326
Per ShareLot Size
46 Shares
Minimum Investment
₹14,996
Issue Size
₹157.3 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
55.64%
Promoter Holding (Post-Issue)
41.73%
Issue Type
Book Building
ISIN
INE0JA001018
Venus Pipes & Tubes Limited is one of the growing stainless-steel pipes and tubes manufacturer and exporter in India having approximately 6 years of experience in manufacturing of stainless-steel tubular products in 2 broad categories: (i) seamless tubes/pipes; and (ii) welded tubes/pipes. We are currently manufacturing 5 product lines, namely, (i) stainless steel high precision & heat exchanger tubes; (ii) stainless steel hydraulic & instrumentation tubes; (iii) stainless steel seamless pipes; (iv) stainless steel welded pipes; and (v) stainless steel box pipes ("Products"). Under our brand name "Venus", we supply our Products for applications in diverse sectors including (i) chemicals, (ii) engineering; (iii) fertilizers; (iv) pharmaceuticals, (v) power, (vi) food processing; (vii) paper; and (viii) oil and gas.
The Company operates in the stainless-steel products industry. Stainless steel is a value-added product with high corrosion resistant properties, superior aesthetic finish and higher life span. These features have helped in increasing the popularity of stainless steel across the world. Despite being one of the largest producers as well as consumers of stainless steel, the per capita stainless-steel consumption in India remains low. India's per capital stainless steel consumption has increased from 1.2 kg in 2010 to 2.5 kg in 2019, however, its consumption is much lower compared to the world average of 6 kg per capita. This low consumption pattern is an indication of the inherent opportunities existing in the sector.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of up to 5,074,100 equity shares of face value of Rs. 10 each ("Equity Shares") of Venus Pipes & Tubes Limited ("Company" or the "Issuer") for cash at a price of Rs. 326/- per equity share (including a share premium of Rs. 316/- per equity share (the "Issue Price") aggregating up to Rs. 165.42* crores (the "Issue"). The face value of the equity share is Rs. 10. The issue price is 32.6 times the face value of the equity shares. The issue will constitute 25% of the post issue paid up equity share capital of the company. *Subject of finalisation of basis of allotment
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Venus Pipes & Tubes Limited was incorporated in 2015, as Venus Pipes & Tubes Private Limited, a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation issued by the RoC on February 17, 2015. Thereafter, the Company was converted into a public limited company, and the name of the Company was changed to Venus Pipes & Tubes Limited pursuant to a revised certificate of incorporation issued by ROC on September 16, 2021, recording the change of the Company's name to `Venus Pipes & Tubes Limited'.
Wholesalers and Retailers
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.