Hariom Pipe Industries is engaged in the manufacturing of Mild Steel Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. Catering to the Southern and Western Indian markets. The company manufactures MS Pipes and Scaffoldings of more than one hundred fifty different specifications and caters to requirements in various sectors such as housing, infrastructure, agriculture, automotive, power, cement, mining, solar power, and engineering.
The public issue of Hariom Pipe Industries comprises a fresh issue of 85 lakh equity shares aggregating up to Rs. 130 crores.
Hariom Pipe Industries Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 30 March 2022 |
| IPO Close Date | 05 Apr 2022 |
| Allotment Date | 9 Apr 2022 |
| IPO Listing Date | 13 Apr 2022 |
Hariom Pipe Industries Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 144 to Rs. 153 Per Equity Share |
| Market Lot | 98 Share |
| NSE Symbol | |
| BSE Symbol | |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 130.05 Crore. |
Hariom Pipe Industries Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 98 | Rs. 14994 |
| Maximum | 13 | 1274 | Rs. 194922 |
Ruchi Soya Industries Ltd FPO Allotment Status
Click Here To Check IPO Allotment Status Hariom Pipe Industries Limited IPO
Click Here To Get ASBA Forms Hariom Pipe Industries Limited IPO
Company Financials:
| Particular | 31 Sep 2021 | 31 March 2021 | 31 March 2020 |
| Total Assets | 19881.96 | 17374.03 | 13967.72 |
| Total Revenue | 20116 | 25482.31 | 16115.05 |
| Profit After Tax | 1286.9 | 1513.20 | 790.83 |
For the year/period ended (₹ in million)
Company Promoters:
Rupesh Kumar Gupta and Sailesh Gupta are the company promoters.
Objects of this Issue:
The IPO aims to utilize the net proceed towards the following purposes;
- Funding capital expenditure requirements.
- Funding the working capital requirements of our Company.
- General corporate purposes.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Hariom Pipe Industries Limited Plot 3-4-174/12/2, 1st Floor, Samarpan Lane, Besides Spencer’s Pillar No. 125, Attapur, Hyderabad – 500 048 Phone: +91 40 2401 6101 Email: cs@hariompipes.com Website: http://www.hariompipes.com/ | Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
