Vibhor Steel Tubes IPO Details | GMP, Date, Price, Review

Vibhor Steel Tubes IPO - Vibhor Steel IPO

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Vibhor Steel Tubes IPO Details ( Vibhor Steel Tubes Limited IPO Review )

(13 Feb 2024 – 15 Feb 2024)

Established in 2003, Vibhor Steel Tubes Limited is dedicated to producing, exporting, and supplying steel pipes and tubes for various heavy engineering industries in India.

Our product range includes:

  1. ERW pipes suitable for water transport, oil, gas, and other non-toxic applications.
  2. Hot-dipped galvanized pipes designed for use in agriculture and infrastructure.
  3. Hollow section pipes available in square and rectangular forms.
  4. Primer painted pipes.
  5. Crash barriers designed for applications in railways, highways, and roads.

We operate from two manufacturing facilities located in Raigad, Maharashtra, and Mahabubnagar (Dist.), Telangana. Additionally, we have a warehouse in Hisar, Haryana.

As of January 24, 2024, Vibhor Steel Tubes Limited proudly employs a total of 640 permanent staff members.

Vibhor Steel Tubes Limited Company Product

  • ERW “Electric Resistance Welded” Pipes
  • Hot-Dipped Galvanized Pipes
  • Hollow Section Pipes
  • Primer Painted Pipes
  • Crash Barriers

Vibhor Steel Tubes Limited IPO Competitive Strength

  • Association with Jindal Pipes Limited
  • Strategic location of manufacturing Units
  • Experienced Promoters and senior management team
  • International Accreditations
  • Export of finished goods
  • Well-developed distribution and marketing network
  • Integrated manufacturing facility
  • Stable Financial

Vibhor Steel Tubes IPO Financials Performance ( Results )

Vibhor Steel Tubes Limited Financial Information (Restated Consolidated)

All Amount in ₹ Crores

Period EndedTotal AssetsTotal RevenuePATEPS
Net WorthNAV

Objective of Vibhor Steel IPO Issue

  • Funding of working capital requirements of the company; and
  • General corporate purposes.

Vibhor Steel IPO Basic Details

IPO DateFeb 13, 2024 to Feb 15, 2024
Listing DateTuesday, February 20, 2024
Face Value₹10 per share
Price₹141 to ₹151 per share
Lot Size99 Shares
Issue Size[.] shares of ₹10
(aggregating up to ₹72.17 Cr)
Fresh Issue[.] shares of ₹10
(aggregating up to ₹72.17 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE, BSE
Share holding pre issue14,183,000
Share holding post issue
Company PromotersMr. Vijay Kaushik, Mr. Vibhor Kaushik,
Mrs. Vijay Laxmi Kaushik and
M/s. Vijay Kaushik HUF

Vibhor Steel IPO Reservation

QIB Shares Offered50% of the Net Issue
NII (HNI) Shares Offered15% of the Net Issue
Retail Shares Offered35% of the Net Issue

Vibhor IPO Timetable

Vibhor IPO will open on February 13, 2024 and close on February 15, 2024. You can join Vibhor IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Opening Date13 February 2024 (Tuesday)
Closing Date15 February 2024 (Thursday)
Basis of Allotment16 February 2024 (Friday)
Initiation of Refunds19 February 2024 (Monday)
Credit of Shares to Demat19 February 2024 (Monday)
Listing Date20 February 2024 (Tuesday)
Deadline for UPI mandate confirmation5 PM on 15 February 2024

Vibhor Steel IPO Lot Size

For retail investors in Vibhor Steel IPO, 99 shares will come in 1 lot or the minimum investment will be ₹14,949. Retail-individual investors can apply for up to 13 lots or the maximum investment will be ₹194,337.

Retail (Min)199₹14,949
Retail (Max)131,287₹194,337
S-HNI (Min)141,386₹209,286
S-HNI (Max)666,534₹986,634
B-HNI (Min)676,633₹1,001,583

Vibhor Steel IPO Promoter Holding

The company’s promoters include Mr. Vijay Kaushik, Mr. Vibhor Kaushik, Mrs. Vijay Laxmi Kaushik and M/s. Vijay Kaushik HUF.

Pre Issue Share Holding98.24%
Post Issue Share Holding

Vibhor Steel Tubes Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

Market Cap (₹ Cr.)
Earning Per Share (EPS)₹14.85 per Equity Share
Net Asset Value (NAV)₹65.71 per Equity Share
P/E Ratio (P/E) (x)10.17
Post P/E Ratio (P/E) (x)
Return on Net Worth (RoNW) (%)22.60
Return on equity (ROE) (%)25.51
Return on Capital Employed (ROCE) (%)16.48
Debt/Equity Ratio1.63
Price/Book Value Ratio2.30

Vibhor Steel Tubes IPO GMP Live Update, Kostak Rate day by day

DateGMPKostakSubject to
10 February 2024₹130
9 February 2024₹130
8 February 2024₹130

Vibhor Steel Tubes IPO Detail Video:

Vibhor Steel IPO Subscription Status (Bidding Detail)

The Vibhor Steel IPO on February 15, 2024 at 7:30:00 PM was subscribed 320.05 times, with the retail category being subscribed 201.52 times, the NII (Non-Institutional Investor) category being subscribed 772.49 times, QIB (Qualified-Institutional Buyers) category being subscribed 191.41 times.


Vibhor Steel Tubes IPO Prospectus

Vibhor Steel Tubes IPO DRHPDownload
Vibhor Steel Tubes IPO RHPDownload
Vibhor Steel Tubes IPO Anchor Investors Details PDFDownload

Vibhor Steel Tubes IPO Rating

Our Rating4.0/5.0

Vibhor Steel Tubes Company Contact Information

Vibhor Steel Tubes Limited

Vibhor Steel Tubes Limited

Registered Office: Plot No. 2, Industrial Development Colony, Delhi Road, Hisar, Haryana-125005, India.
Tel No.: +91 7030322880
Contact Person: Mr. Lovkesh, Company Secretary & Compliance Officer
Promoters of Our Company: Mr. Vijay Kaushik, Mr. Vibhor Kaushik, Mrs. Vijay Laxmi Kaushik and M/s Vijay Kaushik Huf

Vibhor Steel Tubes IPO Registrar

Kfin Technologies Limited

Registered Office: Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Gachibowli, Hyderabad – 500 032, India
Tel: +91 40 6716 2222
Contact Person: M Murali Krishna
SEBI Registration No: INR000000221

Vibhor Steel Tubes IPO Lead Manager

Khambatta Securities Limited

Registered Office: 806, World Trade Tower, Tower B, Noida Sector-16, Uttar Pradesh-201301, India
Tel: 0120 4415469, 9953989693
Investor Grievance Email:
Contact Person: Mr. Chandan Mishra; Mr. Vipin Aggarwal
SEBI Registration No.: INM000011914

Vibhor Steel Tubes IPO FAQs

What is the lot size of Vibhor Steel Tubes IPO?

The total size of Vibhor Steel Tubes IPO is ₹72.17 crores and this is a complete fresh Issue.

When will Vibhor Steel Tubes IPO start?

Vibhor Steel Tubes IPO will open from 13 February 2024 and IPO will close on 15 February 2024.

What is the open date of Vibhor Steel IPO?

Vibhor Steel IPO will open date from 13 February 2024.

What is the last date ( close date ) of Vibhor Steel IPO?

Vibhor Steel IPO will close from 15 February 2024.

What is the price band of Vibhor Steel Tubes IPO?

Vibhor Steel Tubes IPO price band is ₹141 to ₹151. ( Upper Price Band: ₹151, Lower Price Band: ₹141 )

What is the minimum amount required to apply for Vibhor Steel Tubes IPO?

The minimum investment for retailers to apply for Vibhor Steel Tubes IPO is ₹14,949 and the maximum investment is ₹194,337.

What is going on gray market premium of Vibhor Steel Tubes IPO?

View gray market premium of Vibhor Steel Tubes IPO by Clicking Here

How much is the GMP of Vibhor Steel Tubes IPO?

Watch Vibhor Steel Tubes IPO GMP Today: Click Here

What is the allotment date of Vibhor Steel Tubes IPO?

The allotment date of Vibhor Steel Tubes IPO is 16 February 2024.

How to check allotment status in Vibhor Steel Tubes IPO?

To check the allotment status of Vibhor Steel Tubes IPO, first of all go to the registrar website by clicking here, select your bad Vibhor Steel Tubes IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )

What is the listing date of Vibhor Steel Tubes IPO?

The listing date of Vibhor Steel Tubes IPO is 19 February 2024.

How much will be the listing gain in Vibhor Steel Tubes IPO?

View listing gain of Vibhor Steel Tubes IPO by Clicking Here

How much time Vibhor Steel Tubes IPO is subscribed?

Total 320.05 times subscribed in Vibhor Steel Tubes IPO out of which 201.52 times subscription was done in retail quota, 772.49 times subscription in NII quota and 191.41 times subscription in QIB quota.

How to apply for Vibhor Steel Tubes IPO from Upstox?

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How to apply for Vibhor Steel Tubes PO from Zerodha?

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How to apply for Vibhor Steel Tubes IPO from Angle One?

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