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Open
15 Feb 2016
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Close
19 Feb 2016
3
Allotment
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Listing
Thu, Feb 25, 2016
Price Band
₹50 per share
Issue Size
27,30,000 shares (agg. up to ₹14 Cr)
Lot Size
3,000 Shares
Listing Date
Thu, Feb 25, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 2.61x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| M.D.Inducto Cast Ltd. | SME | ₹17.24 Cr | ₹27 | null | ₹29.50 | +9.26% | ₹17.24 (-0.06%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirements | 12.00 |
| 2 | General Corporate Purposes | 1.20 |
| 3 | Issue Expenses | 0.45 |
About Hi-Tech Pipes IPO
Incorporated in 1985, Hi Tech Piles Ltd (HTP) is an ISO 9001 certified company, is one of India's leading engineering house of excellence and innovation producing steel pipes, hollow sections, tubes, cold rolled coils, road crash barriers, solar mounting structures and strips and a variety of other galvanized products. It is serving various industries with its products, ERW pipes & tubes for Oil & Gas and water sector. Black steel pipes, galvanized steel pipes and tubes for construction industry, precision tubes for automobile industry and hollow section for infrastructure and many more to boast of. Today, HTP’s multi-locational integrated plants have cold rolling mills to manufacture CRCA coils and strips, Continuous Galvanizing Line to manufacture Corrugated Sheets and Purling, pre-galvanized sheets required for manufacturing GP pipes, latest technology high speed tube mills to manufacture steel tubes, pipes, hollow sections of various sizes and types to cater the requirements of diverse industries and sectors.+ Read More
Contact Details
Hi-Tech Pipes Ltd. Address505, Pearl Omaxe TowerNetaji Subhash PlaceDelhi, New Delhi, 110034+91 11 48440050info@hitechpipes.inVisit Website