VENUS PIPES & TUBES LIMITED IPO Details, Time Table, GMP, Subscription and Allotment Status |
IPO Size: | 5074100 Equity Shares (aggregating up to ₹ 165.41566 Cr) |
Bid Lot: | 46 Equity Shares and in Multiples thereof |
Price Band: | ₹310 - ₹326 Per Share |
Minimum Bid Lot: | 1 Lot |
Minimum Bid Amount: | ₹14996 at cut-off price. |
Maximum Bid Lot: | 13 Lot |
Maximum Bid Amount: | ₹194948 at cut-off price. |
Listing on: | BSE & NSE |
Face Value: | ₹ 10 |
Retail Quota: | Not less than 35% of the Net Issue |
QIB Quota: | Not more than 50% of the Net Issue |
NII Quota: | Not less than 15% of the Net Issue |
Listing Name: | VENUSPIPES |
Above information source: SEBI official site. |
IPO Open: | 11-May-2022 |
IPO Close: | 13-May-2022 |
Modification Period: | 17-May-2022(upto 12:00 PM) |
Allotment Date: | 19-May-2022 |
Refunds Date: | 20-May-2022 |
Credit of Shares to Demat Account: | 23-May-2022 |
IPO Listing Date: | 24-May-2022 |
Above information source: SEBI official site. |
The issue offer 5074100 Equity Shares IPO was subscribed more than times on the this day of the bidding process. Bids were received for crore equity shares against an offer size of equity stocks as per Bombay stock Exchange.
The portion reserved for retail investors was subscribed times, qualified institutional buyers category was subscribed times and non-institutional category received times subscription.
Price band has been fixed at ₹310 to326 per equity share for the initial share-sale.
Where to check ipo allotment status for Venus Pipes & Tubes Limited?
After garnering a massive response from investors, the Initial public offering (IPO) of Venus Pipes & Tubes Limited is likely to be up for allotment on 19-May-2022 day.
There are two official way to check Venus Pipes & Tubes Limited get allotment status, First is BSE official Site and other is IPO registrar's website.
Venus Pipes & Tubes Limited IPO FAQ?
What is Venus Pipes & Tubes Limited IPO?
Venus Pipes & Tubes Limited IPO is a main-board IPO. They are going to offer 5074100 Equity Shares via IPO. The issue is priced at ₹310 to ₹326 per equity share. The IPO is to be listed on BSE & NSE.