Check out Venus Pipes IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Venus Pipes IPO GMP is not started yet but Kostak rates are on. Stay tuned for the latest IPO GMP numbers of Venus Pipes IPO.
Venus Pipes IPO is to hit the market on May 11, 2022. The company is to raise ₹ crores via IPO which comprises a fresh issue of ₹[.] crores and an offer for sale up to ₹ crores from promoters. Gujarat Based Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel tubular products like stainless steel pipes and tubes. The company's manufacturing plant is located in Kutch, Gujarat, The production facility is spread across 11 acres area. They have an installed capacity of 10,800 MT per annum. The company has a global presence in more than 18 countries internationally. The IPO price band is fixed at ₹ to ₹ Per Equity Share. The Prudent Corporate IPO to list on NSE and BSE.
Read Also: Venus Pipes IPO Details
Venus Pipes IPO GMP Rates Today
- The Venus Pipes IPO grey market premium is ₹35.
Venus Pipes IPO Kostak Rates Today
- The Venus Pipes IPO Kostak Rate is ₹300.
Venus Pipes IPO Subject to Sauda Rate Today
- The Venus Pipes IPO subject to Sauda rates is ₹1000.
Venus Pipes IPO Expected Return
- The Venus Pipes IPO expected return is 0%.
Venus Pipes IPO GMP Rates day by day with Kostak rates & Subject To Sauda
| Date | GMP (in INR) | Kostak (in INR) | Subject to Sauda |
|---|---|---|---|
| 10 May | ₹35 | ₹300 | ₹1000 |
| 09 May | ₹20 | ₹300 | ₹1000 |
| 08 May | ₹35 | ₹300 | ₹1000 |
| 07 May | ₹35 | ₹300 | ₹1000 |
| 06 May | ₹35 | ₹400 | ₹1200 |
| 05 May | ₹0 | ₹400 | ₹1200 |
| 04 May | ₹0 | ₹0 | ₹0 |
| 03 May | ₹0 | ₹0 | ₹0 |
Venus Pipes IPO Date & Price Band:
| IPO Opening Date | May 11, 2022 |
| IPO Closing Date | May 13, 2022 |
| Delhivery IPO Face Value | ₹10 per share |
| Delhivery IPO Price | ₹ to ₹ per share |
| Delhivery IPO Lot Size | Shares |
| Issue Size | 5,074,100 shares of ₹10 (aggregating up to ₹ Cr) |
| Fresh Issue | 5,074,100 shares of ₹10 (aggregating up to ₹ Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not less than 50% of the Net Offer |
| Retail Shares Offered | Not more than 35% of the Net Offer |
| NII (HNI) Shares Offered | Not more than 15% of the Net Offer |
| Company Promoters | Megharam Sagramji Choudhary, Jayantiram Motiram Choudhary, Dhruv Mahendrakumar Patel, and Arun Axaykumar Kothari are the company promoters. |
Venus Pipes IPO Tentative Timetable
Venus Pipes IPO opens on May 11, 2022, and closes on May 13, 2022. The Prudent Corporate IPO bid date is from May 11, 2022, 10.00 A.M. to May 13, 2022, 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 12 P.M. on the next day of issue closing day.
| IPO Open Date | May 11, 2022 |
| IPO Close Date | May 13, 2022 |
| Basis of Allotment Date | May 19, 2022 |
| Initiation of Refunds | May 20, 2022 |
| Credit of Shares to Demat Account | May 23, 2022 |
| IPO Listing Date | May 24, 2022 |
Venus Pipes IPO Market Lot:
The Venus Pipes IPO lot size is shares. A retail-individual investor can apply for up to 13 lots ( shares or ₹).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | ₹ | |
| Maximum | 13 | ₹ |
Venus Pipes Company Financial:
| Particulars | For the year/period ended (Rs in Million) | |||
|---|---|---|---|---|
| 31-Dec-21 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 2,462.76 | 1,375.39 | 1,071.91 | 791.23 |
| Total Revenue | 2,782.80 | 3,120.31 | 1,793.22 | 1,205.06 |
| Profit After Tax | 235.95 | 236.32 | 41.28 | 37.50 |
Disclaimer:
- IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.- We are not buying and selling IPO forms on IPO Grey Market.- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.- Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies
Venus Pipes IPO GMP aka Grey Market Premium FAQs
1. What is the Grey Market Premium (GMP) price of Venus Pipes IPO?
The Grey Market Premium of Venus Pipes IPO is approx. in between ₹35 at the moment.
2. What is the Subject to Sauda price for Venus Pipes IPO?
The Subject to Sauda price for Venus Pipes IPO is approx. ₹1000.
3. How much will be listing gain be in Venus Pipes IPO?
Venus Pipes IPO listing gain will be approx. 0% (update on a daily basis)
4. What is the Kostak price of Venus Pipes IPO?
The Kostak price of Venus Pipes IPO is approx ₹300.
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