The company manufactures products in two broad categories: seamless tubes/pipes, and welded tubes/pipes, under which it manufactures products in five lines such as high precision & heat exchanger tubes, hydraulic & instrumentation tubes, seamless pipes, welded pipes, and box pipes.
Venus sells its products both domestic as well as internationally in 20 countries including Brazil, the UK, Israel, and countries in the European Union.
The public offer of Venus Pipes & Tubes comprises a fresh issue of 50.74 lakh equity shares aggregating up to Rs. 165.42 crores.
|Financial Year Ended||Revenue (₹ Crores)||PAT (₹ Crores)||EPS (₹)|
|Period ended December 31, 2021||278.28||23.60||15.5|
|Issue Period||11th May to 13th May 2022|
|Finalization of Allotment||19th May 2022|
|Initiation of Refunds||20th May 2022|
|Credit of Shares||23rd May 2022|
|Date of Listing||24th May 2022|
|Mandate end date||29th May 2022|
|Anchor Investors Lock-In End Date||12th June 2022|
How do I apply to the Venus Pipes and Tubes Limited IPO?You can apply for the Venus Pipes and Tubes Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
Where do I check the allotment status for Venus Pipes and Tubes Limited IPO?You can check the allotment status for the Venus Pipes and Tubes Limited IPO on the website of the Registrar and Transfer agent.
Alternatively, you can also check the allotment status on the NSE website.