Venus Pipes & Tubes Limited is a manufacturer and exporter of stainless steel pipes and tubes. The company is manufacturing stainless steel tube products in two broad categories – seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel box pipes.
Venus Pipes & Tubes Limited has one manufacturing plant which is located at Bhuj-Bhachau highway, Dhaneti (Kutch, Gujarat) with an installed capacity of 10,800 MT per annum.
The company sells products in both domestic and international markets. Venus Pipes & Tubes exports its products to 18 countries including Brazil, the UK, Israel and countries in the European Union, etc.
Competitive Streanths
- International Accreditations and product approvals.
- Specialized production of Stainless Steel Pipes and Tubes.
- Multi-fold demand for our Products.
- Customer Diversification.
- Experienced and Qualified Team.
Venus Pipes & Tubes Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 11 May 2022 |
| IPO Close Date | 13 May 2022 |
| Allotment Date | 19 May 2022 |
| IPO Listing Date | 24 May 2022 |
Venus Pipes & Tubes Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 310 to Rs. 326 Per Equity Share |
| Market Lot | 46 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 165 Crore. |
Venus Pipes & Tubes Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 46 | Rs. 14996 |
| Maximum | 13 | 598 | Rs. 194948 |
Venus Pipes & Tubes Limited IPO Allotment Status
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Company Financials:
| Particular | 31 Dec 2021 | 31 March 2021 | 31 March 2020 |
| Total Assets | 2462.76 | 1375.39 | 1071.91 |
| Total Revenue | 2782.80 | 3120.31 | 1793.22 |
| Profit After Tax | 235.95 | 236.32 | 41.28 |
Company Promoters:
Megharam Sagramji Choudhary, Jayantiram Motiram Choudhary, Dhruv Mahendrakumar Patel and Arun Axaykumar Kothari are the company promoters.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Venus Pipes & Tubes Limited Survey No. 233/2 and 234/1, Dhaneti Bhuj, Kachchh – 370020 Gujarat Phone: +91 2836 232 183/84 Email: cs@venuspipes.com Website: https://www.venuspipes.com/ | KFin Technologies Limited Phone: 04067162222, 04079611000 Email: venus.ipo@kfintech.com Website: https://karisma.kfintech.com/ |
