Vibhor Steel Tubes Limited
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Feby 13 to Feb 15, 2024
Price Band
₹141-151
Current GMP
₹425 (181.46%)
Subscription
320.05 times
IPO Details
| IPO Date | February 13, 2024 to February 15, 2024 |
| Listing Date | Tuesday, February 20, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹141 to ₹151 per share |
| Lot Size | 99 Shares |
| Total Issue Size | [.] shares (aggregating up to ₹72.17 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹72.17 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 14,183,000 |
IPO Date
February 13, 2024 to February 15, 2024
Listing Date
Tuesday, February 20, 2024
Face Value
₹10 per share
Price Band
₹141 to ₹151 per share
Lot Size
99 Shares
Total Issue Size
[.] shares (aggregating up to ₹72.17 Cr)
Fresh Issue
[.] shares (aggregating up to ₹72.17 Cr)
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
Share holding pre issue
14,183,000
IPO Subscription Details
| Anchor Investors | 1 |
| Qualified Institutions | 191.41 |
| Non-Institutional Buyers | 772.49 |
| bNII (bids above ₹10L) | 754.37 |
| sNII (bids below ₹10L) | 808.72 |
| Retail Investors | 201.52 |
| Employees | 215.79 |
| Total ** | 320.05 |
Anchor Investors
1
Qualified Institutions
191.41
Non-Institutional Buyers
772.49
bNII (bids above ₹10L)
754.37
sNII (bids below ₹10L)
808.72
Retail Investors
201.52
Employees
215.79
Total **
320.05
Day Wise Sub
| Day | QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|---|
| Day 1 Feb 13, 2024 | 3.81 | 52.14 | 35.71 | 30.22 | 30.12 |
| Day 2 Feb 14, 2024 | 9.13 | 270.92 | 97.90 | 85.93 | 109.40 |
| Day 3 Feb 15, 2024 | 191.41 | 772.49 | 201.52 | 215.79 | 320.05 |
DayDay 1
Feb 13, 2024
QIB3.81
NII52.14
Retail35.71
EMP30.22
Total30.12
DayDay 2
Feb 14, 2024
QIB9.13
NII270.92
Retail97.90
EMP85.93
Total109.40
DayDay 3
Feb 15, 2024
QIB191.41
NII772.49
Retail201.52
EMP215.79
Total320.05
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 20-02-2024 | 151.00 | 140 (92.72%) | 291 |
| 19-02-2024 | 151.00 | 140 (92.72%) | 291 |
| 18-02-2024 | 151.00 | 140 (92.72%) | 291 |
| 17-02-2024 | 151.00 | 140 (92.72%) | 291 |
| 16-02-2024 | 151.00 | 130 (86.09%) | 281 |
| 15-02-2024 | 151.00 | 130 (86.09%) | 281 |
| 14-02-2024 | 151.00 | 110 (72.85%) | 261 |
| 13-02-2024 | 151.00 | 120 (79.47%) | 271 |
| 12-02-2024 | 151.00 | 120 (79.47%) | 271 |
| 11-02-2024 | 151.00 | 130 (86.09%) | 281 |
| 10-02-2024 | 151.00 | 130 (86.09%) | 281 |
| 09-02-2024 | 151.00 | 125 (82.78%) | 276 |
| 08-02-2024 | 151.00 | 120 (79.47%) | 271 |
| 07-02-2024 | 151.00 | 120 (79.47%) | 271 |
Date20-02-2024
Price151.00
GMP140 (92.72%)
Estimate List Price291
Date19-02-2024
Price151.00
GMP140 (92.72%)
Estimate List Price291
Date18-02-2024
Price151.00
GMP140 (92.72%)
Estimate List Price291
Date17-02-2024
Price151.00
GMP140 (92.72%)
Estimate List Price291
Date16-02-2024
Price151.00
GMP130 (86.09%)
Estimate List Price281
Date15-02-2024
Price151.00
GMP130 (86.09%)
Estimate List Price281
Date14-02-2024
Price151.00
GMP110 (72.85%)
Estimate List Price261
Date13-02-2024
Price151.00
GMP120 (79.47%)
Estimate List Price271
Date12-02-2024
Price151.00
GMP120 (79.47%)
Estimate List Price271
Date11-02-2024
Price151.00
GMP130 (86.09%)
Estimate List Price281
Date10-02-2024
Price151.00
GMP130 (86.09%)
Estimate List Price281
Date09-02-2024
Price151.00
GMP125 (82.78%)
Estimate List Price276
Date08-02-2024
Price151.00
GMP120 (79.47%)
Estimate List Price271
Date07-02-2024
Price151.00
GMP120 (79.47%)
Estimate List Price271
IPO Important Dates
| IPO Open Date | Tuesday, February 13, 2024 |
| IPO Close Date | Thursday, February 15, 2024 |
| Basis of Allotment | Friday, February 16, 2024 |
| Initiation of Refunds | Monday, February 19, 2024 |
| Credit of Shares to Demat | Monday, February 19, 2024 |
| Listing Date | Tuesday, February 20, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 15, 2024 |
IPO Open Date
Tuesday, February 13, 2024
IPO Close Date
Thursday, February 15, 2024
Basis of Allotment
Friday, February 16, 2024
Initiation of Refunds
Monday, February 19, 2024
Credit of Shares to Demat
Monday, February 19, 2024
Listing Date
Tuesday, February 20, 2024
Cut-off time for UPI mandate confirmation
5 PM on February 15, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 99 | ₹14,949 |
| Retail (Max) | 13 | 1287 | ₹194,337 |
| S-HNI (Min) | 14 | 1,386 | ₹209,286 |
| S-HNI (Max) | 66 | 6,534 | ₹986,634 |
| B-HNI (Min) | 67 | 6,633 | ₹1,001,583 |
ApplicationRetail (Min)
Lots1
Shares99
Amount₹14,949
ApplicationRetail (Max)
Lots13
Shares1287
Amount₹194,337
ApplicationS-HNI (Min)
Lots14
Shares1,386
Amount₹209,286
ApplicationS-HNI (Max)
Lots66
Shares6,534
Amount₹986,634
ApplicationB-HNI (Min)
Lots67
Shares6,633
Amount₹1,001,583
Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 376.48 | 293.63 | 248.54 |
| Revenue | 531.24 | 1,114.38 | 818.48 |
| Profit After Tax | 8.52 | 21.07 | 11.33 |
| Net Worth | 101.76 | 93.20 | 71.97 |
| Total Borrowing | 160.27 | 126.83 | 106.07 |
Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 2023376.48
31 Mar 2023293.63
31 Mar 2022248.54
Period EndedRevenue
30 Sep 2023531.24
31 Mar 20231,114.38
31 Mar 2022818.48
Period EndedProfit After Tax
30 Sep 20238.52
31 Mar 202321.07
31 Mar 202211.33
Period EndedNet Worth
30 Sep 2023101.76
31 Mar 202393.20
31 Mar 202271.97
Period EndedTotal Borrowing
30 Sep 2023160.27
31 Mar 2023126.83
31 Mar 2022106.07
Key Performance Indicator
| ROE | 25.51% |
| ROCE | 16.48% |
| Debt/Equity | 1.63 |
| RoNW | 22.60% |
| P/BV | 2.3 |
| EPS (Rs) | 14.85 |
ROE
25.51%
ROCE
16.48%
Debt/Equity
1.63
RoNW
22.60%
P/BV
2.3
EPS (Rs)
14.85
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1,424,907 (29.81%) | NA |
| QIB Shares Offered | 950,064 (19.88%) | NA |
| NII (HNI) Shares Offered | 712,491 (14.91%) | |
| bNII > ₹10L | 474,995 (9.94%) | 342 |
| sNII < ₹10L | 237,497 (4.97%) | 171 |
| Retail Shares Offered | 1,662,479 (34.78%) | 16,792 |
| Employee Shares Offered | 29,502 (0.62%) | NA |
| Total Shares Offered | 4,779,444 (100%) |
Investor CategoryAnchor Investor Shares Offered
Shares Offered1,424,907 (29.81%)
Maximum AllotteesNA
Investor CategoryQIB Shares Offered
Shares Offered950,064 (19.88%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered712,491 (14.91%)
Maximum Allottees
Investor CategorybNII > ₹10L
Shares Offered474,995 (9.94%)
Maximum Allottees342
Investor CategorysNII < ₹10L
Shares Offered237,497 (4.97%)
Maximum Allottees171
Investor CategoryRetail Shares Offered
Shares Offered1,662,479 (34.78%)
Maximum Allottees16,792
Investor CategoryEmployee Shares Offered
Shares Offered29,502 (0.62%)
Maximum AllotteesNA
Investor CategoryTotal Shares Offered
Shares Offered4,779,444 (100%)
Maximum Allottees
Information about company
Founded in 2003, Vibhor Steel Tubes Limited manufactures, exports and supplies steel pipes and tubes to various heavy engineering industries in India.
The company's product portfolio includes:
ERW pipes for application in water transport, oil, gas and other non-toxic supplies.
Hot-dipped galvanized pipes for application in agriculture and infrastructure.
Hollow section pipes in square and rectangular forms.
Primer painted pipes
Crash barriers for application in railways, highways, and roads.
The company has two manufacturing facilities in Raigad, Maharashtra and Mahabubnagar (Dist.), Telangana and a warehouse in Hisar, Haryana.
As of January 24, 2024 the company had a total of 640 permanent employees.
Disclaimer
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