Vibhor Steel Tubes IPO Details: Vibhor Steel Tubes IPO date is fixed, the IPO is to hit the market on February 13 and will close on February 15. Vibhor Steel Tubes IPO to raise around ₹72.17 crores via IPO that comprises fresh issue of ₹72.17 crores and offer for sale up to [.] equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%..

Vibhor Steel Tubes Limited is a manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. They are 2 decades old manufacturer, exporter, and supplier of steel pipes and tubes to various heavy engineering industries in India. Steel pipes and tubes can be used for many purposes such as steel pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes, etc. They have a very wide range of steel pipes and tube products. The lengths of the steel pipes & tubes in different ranges unless otherwise specified by the customers. They manufacture steel pipes and tubes in various shapes and sizes such as square, round, rectangular elliptical, or any special shape.

They have an in-house quality team comprising 627 dedicated personnel working under the overall supervision of their board of directors in different locations. Their quality control team ensures that their raw materials as well as end products are tested on all quality parameters to ensure that they are compliant with the international product standards.

Vibhor Steel Tubes IPO Date & Price Band Details

IPO Open:February 13, 2024
IPO Close:February 15, 2024
IPO Size:Approx ₹72.17 Crores
Fresh Issue:Approx ₹72.17 Crores
Offer for Sale:Approx ₹[.] Crores
Face Value:₹10 Per Equity Share
IPO Price Band:₹141 to ₹151 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Vibhor Steel Tubes IPO Market Lot

The Vibhor Steel Tubes IPO minimum market lot is 99 shares with ₹14,949 application amount. The retail investors can apply up-to 13 lots with 1287 shares or ₹194,337 amount.

ApplicationLot SizeSharesAmount
Retail Minimum199₹14,949
Retail Maximum131287₹194,337
S-HNI Minimum141,386₹209,286
B-HNI Minimum676,633₹1,001,583

Vibhor Steel Tubes IPO Allotment & Listing Dates

The Vibhor Steel Tubes IPO date is 2024 and the close date is January 2024. The Vibhor Steel Tubes IPO allotment will be finalized on 2024 and the IPO listing on 2024.

Anchor Investors Allotment:February 12, 2024
IPO Open Date:February 13, 2024
IPO Close Date:February 15, 2024
Basis of Allotment:February 16, 2024
Refunds:February 19, 2024
Credit to Demat Account:February 19, 2024
IPO Listing Date:February 20, 2024

Leave a Reply

Your email address will not be published. Required fields are marked *