Vibhor Steel Tubes Ltd
Price Range
₹141 - ₹151
Min. Quantity
99
Closes on
15 February 2024
Min. investment
₹14,949/1,287 Shares
Vibhor Steel Tubes Ltd IPO Timeline
Vibhor Steel Tubes Ltd. was originally incorporated as Vibhor Steel Tubes Private Limited' a Private Limited Company, dated April 16, 2003 issued by the Registrar of Companies, NCT of Delhi and Haryana. Thereafter, Company converted from Private to Public Company and a fresh Certificate of Incorporation was issued by the RoC, Delhi on July 07, 2023.
| Event | Date |
|---|---|
| Vibhor Steel Tubes Ltd IPO Opening Date | 13 February 2024 |
| Vibhor Steel Tubes Ltd IPO Closing Date | 15 February 2024 |
| Basis of Allotment | 16 February 2024 |
| Initiation of Refunds | 19 February 2024 |
| Credit of Shares to Demat | 19 February 2024 |
| Vibhor Steel Tubes Ltd IPO Listing Date | 20 February 2024 |
Vibhor Steel Tubes Ltd IPO Details
| Vibhor Steel Tubes Ltd IPO Date | 13 February 2024 to 15 February 2024 |
| Vibhor Steel Tubes Ltd IPO Face Value | ₹10 per share |
| Vibhor Steel Tubes Ltd IPO Price | ₹141 to ₹151 per share |
| Vibhor Steel Tubes Ltd IPO Lot Size | 99 |
| Issue Size | Shares of ₹10 (aggregating up to ₹72.17 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹72.1696 Cr) |
| Offer for Sale | - |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 10,17,441 of the Net Offer |
| Retail Shares Offered | Not less than 17,80,386 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 7,63,023 of the Net Offer |
| Company Promoters | Vijay Kaushik, Vibhor Kaushik, Vijay Laxmi Kaushik |
Vibhor Steel Tubes Ltd IPO Lot Size
The Vibhor Steel Tubes Ltd IPO lot size is 99 shares. A retail-individual investor can apply for up to 13 lots (1,287 shares or ₹1,94,337).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 99 | ₹14,949 |
| Maximum | 13 | 1,287 | ₹1,94,337 |
- Strengths
- Risks
- Opportunities
- -
Company Financials
Vibhor Steel Tubes Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 383.19 | 1,074.38 | 17.72 |
| 03-2023 | 293.63 | 1,114.38 | 21.07 |
| 03-2022 | 248.54 | 818.48 | 11.33 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding working capital requirements of the company
- General corporate purposes
Vibhor Steel Tubes Ltd IPO Promoter Holding
| Pre Issue Share Holding | 28.17% |
| Post Issue Share Holding | 21.07% |
Vibhor Steel Tubes Ltd IPO Subscription Status (Bidding Detail)
The Vibhor Steel Tubes Ltd IPO is subscribed 298.86 times on 15 February 2024 05:00:00 PM. The public issue subscribed 188.17 times in the retail category, 178.73 times in the QIB category, and 721.34 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 178.73 | 721.34 | 188.17 | 201.48 | 298.86 |
Vibhor Steel Tubes Ltd IPO Prospectus
Vibhor Steel Tubes Ltd IPO Listing Date
| Listing Date | 20 February 2024 |
| BSE Script | 544124 |
| NSE Symbol | VSTL |
| Listing In | BSE, NSE |
| ISIN | INE0QTF01015 |
| IPO Price | ₹151 |
| Face Value | ₹10 |
Company Contact Information
Plot No.2 Industrial Develop.Colony Delhi Road,Hisar-125005
Phone: +91 70303 22880
Email: cs@vstlindia.com
Website: www.vstlindia.com
Vibhor Steel Tubes Ltd IPO Registrar
Vibhor Steel Tubes Ltd IPO Lead Manager(s)
- Khambatta Securities Ltd
FAQ
What is the issue size of Vibhor Steel Tubes Ltd IPO?
I have pre-applied for Vibhor Steel Tubes Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.