Vibhor Steel Tubes Limited IPO

Vibhor Steel Tubes Limited IPO bidding starts from February 13, 2024 and ends on February 15, 2024. The allotment for the Vibhor Steel Tubes Limited IPO is expected to be finalized on February 16, 2024. Vibhor Steel Tubes Limited IPO will list on BSE, NSE with tentative listing date fixed as February 20, 2024. Vibhor Steel Tubes Limited IPO price band is set at ₹141 to ₹151 per share. The minimum lot size for an application is 99 Shares. The minimum amount of investment required by retail investors is ₹14,949.

Important Dates:-

ParticularsValue
Open Date:-February 13, 2024
Close Date:-February 15, 2024
Allotment Date:-February 16, 2024
Listing Date:-February 20, 2024

About Vibhor Steel Tubes Limited :-

Established in 2003, Vibhor Steel Tubes Limited specializes in the manufacturing, export, and supply of steel pipes and tubes to various heavy engineering industries across India.

Their product range includes ERW pipes used for water transport, oil, gas, and other non-toxic applications, hot-dipped galvanized pipes for agriculture and infrastructure, hollow section pipes in square and rectangular forms, primer painted pipes, and crash barriers for railways, highways, and roads.

The company operates two manufacturing facilities in Raigad, Maharashtra, and Mahabubnagar (Dist.), Telangana, along with a warehouse in Hisar, Haryana.

As of January 24, 2024, Vibhor Steel Tubes Limited has a total of 640 permanent employees.

Contact Details :-

Address:- Vibhor Steel Tubes Limited Plot No. 2, Industrial Development Colony, Delhi Road, Hisar -125005

Phone:- +91 7030322880

E-mail:- cs@vstlindia.com

Website:- http://www.vstlindia.com/

IPO Details :-

ParticularsValue
IPO Type:-Mainline
Price:-₹141 to ₹151
Lot Size:-99
Minimum Amount for 1 Lot:-14,949
Listing At:-BSE, NSE
Total issue Size:-72.17 Crore
Fresh issue Size:-72.17 Crore
Face Value:-10 per Equity Share

Financial Information :-

Amount in ₹ Crore

Period Ended30 Sep 2023 31 Mar 2023 31 Mar 2022 31 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
Reserves and Surplus
Total Borrowing160.27126.83106.0758.74

Key Performance Indicator :-

ParticularsValue
ROE:-25.51%
ROCE:-16.48%
Debt/Equity:-1.63
RoNW:-22.60%

IPO Registrar :-

Name:- Kfin Technologies Limited

Website:- https://kosmic.kfintech.com/ipostatus/

IPO Prospectus :-

ParticularsLink
Vibhor Steel Tubes Limited IPO DHRP:-Click Here
Vibhor Steel Tubes Limited IPO RHP:-Click Here

GMP :-

GMP DateGMPEstimated Listing PriceEstimated Listing Gain
13-02-202412027179.47%
14-02-2024 11026172.85%
15-02-202413028186.09%
16-02-202413028186.09%
17-02-2024 14029192.72%
18-02-2024 14029192.72%
19-02-2024 14029192.72%
20-02-202414029192.72%

Subscription Details :-

DateQIBNIIRetailEmployeeOtherTotal
February 13, 20243.8152.1435.7152.1452.1430.12
February 14, 20249.13270.9297.90270.92270.92109.40
February 15, 2024191.41772.49201.52772.49772.49320.05

Allotment Status:-

ParticularsLink
Check Allotment Status (available on February 16, 2024)Click Here

Listing Details :-

ParticularsValue
Listing Date:-February 20, 2023
BSE Script Code:-544124
NSE Symbol :-VSTL
ISIN:-INE0QTF01015
Final Issue Price:-151.00
Open:-425.00
Low:-420.00
High:-446.25
Close:-446.25

Vibhor Steel Tubes Limited IPO FAQ :-

What is the opening date for Vibhor Steel Tubes Limited IPO?

The Vibhor Steel Tubes Limited IPO opens on February 13, 2024.

What is the closing date for Vibhor Steel Tubes Limited IPO?

The Vibhor Steel Tubes Limited IPO closes on February 15, 2024.

When will the shares be allotted for Vibhor Steel Tubes Limited IPO?

Shares of Vibhor Steel Tubes Limited IPO will be allotted on February 16, 2024.

What is the listing date for Vibhor Steel Tubes Limited IPO?

The listing date for Vibhor Steel Tubes Limited IPO is February 20, 2024.

What is the price/ price range for Vibhor Steel Tubes Limited IPO?

The price/ price range for Vibhor Steel Tubes Limited IPO is ₹141 to ₹151.

What is the minimum lot size for the Vibhor Steel Tubes Limited IPO?

The minimum lot size for Vibhor Steel Tubes Limited IPO is 99 shares.

What is the minimum investment required for retail investors in the Vibhor Steel Tubes Limited IPO?

The minimum investment required for retail investors in the Vibhor Steel Tubes Limited IPO is ₹14,949.

What type of IPO is the Vibhor Steel Tubes Limited IPO?

The type of Vibhor Steel Tubes Limited IPO is Mainline.

What is the total issue size of the Vibhor Steel Tubes Limited IPO?

The total issue size of Vibhor Steel Tubes Limited IPO is ₹72.17 Crore.

What is the face value of Vibhor Steel Tubes Limited IPO share?

The face value of Vibhor Steel Tubes Limited IPO share is ₹10.

Who is the registrar for the Vibhor Steel Tubes Limited IPO?

The registrar for the Vibhor Steel Tubes Limited IPO is Kfin Technologies Limited.

Where can I check the IPO Allotment status for Vibhor Steel Tubes Limited IPO?

You can check the IPO Allotment status for Vibhor Steel Tubes Limited IPO at https://kosmic.kfintech.com/ipostatus/.

What is the email address and website of Vibhor Steel Tubes Limited IPO?

The email address of Vibhor Steel Tubes Limited IPO is cs@vstlindia.com and website is http://www.vstlindia.com/.

What is the Vibhor Steel Tubes Limited IPO GMP (Grey Market Premium) as of 20-02-2024?

The latest GMP for Vibhor Steel Tubes Limited IPO is ₹140 as of 20-02-2024.