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Open
13 Feb 2024
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Close
15 Feb 2024
3
Allotment
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Listing
Tue, Feb 20, 2024
Price Band
₹141 to ₹151
Issue Size
47,79,443 shares (agg. up to ₹72 Cr)
Lot Size
99 Shares
Listing Date
Tue, Feb 20, 2024
Latest GMP
₹140
Est. Gain
92.72%
✦ AI Insight
GMP Trend
20-02-2024₹140Est. ₹291+92.72%
19-02-2024₹140Est. ₹291+92.72%
18-02-2024₹140Est. ₹291+92.72%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 221.21x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 376.48 | 293.63 | 248.54 | 172.93 |
| Total Income | 531.24 | 1,114.38 | 818.48 | 511.51 |
| Profit After Tax | 8.52 | 21.07 | 11.33 | 0.69 |
| NET Worth | 101.76 | 93.20 | 71.97 | 60.49 |
| Total Borrowing | 160.27 | 126.83 | 106.07 | 58.74 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Ratnaveer Precision Engineering Ltd. | Mainboard | ₹165.03 Cr | ₹98 | null | ₹129.35 | +31.99% | ₹180.66 (+3.13%) |
| Aeroflex Industries Ltd. | Mainboard | ₹351.00 Cr | ₹108 | 40.91 | ₹163.25 | +51.16% | ₹410.60 (-0.38%) |
| Shree Marutinandan Tubes Ltd. | SME | ₹14.30 Cr | ₹143 | 17.44 | ₹210.00 | +46.85% | ₹52.00 (-0.38%) |
| Mangalam Alloys Ltd. | SME | ₹54.91 Cr | ₹80 | 14.65 | ₹76.00 | -5.00% | ₹32.20 (-2.28%) |
| Cosmic CRF Ltd. | SME | ₹57.21 Cr | ₹314 | 35.64 | ₹238.65 | -24.00% | ₹1,382.40 (-4.12%) |
| Krishca Strapping Solutions Ltd. | SME | ₹17.93 Cr | ₹54 | 3.43 | ₹112.90 | +109.07% | ₹171.00 (-0.35%) |
| De Neers Tools Ltd. | SME | ₹22.99 Cr | ₹101 | null | ₹180.50 | +78.71% | ₹199.00 (+1.30%) |
| Pattech Fitwell Tube Components Ltd. | SME | ₹12.00 Cr | ₹50 | 46.73 | ₹57.75 | +15.50% | ₹114.85 (-1.71%) |
| Maiden Forgings Ltd. | SME | ₹23.84 Cr | ₹63 | 8.38 | ₹59.86 | -4.98% | ₹91.25 (+0.83%) |
| Quality Foils (India) Ltd. | SME | ₹4.52 Cr | ₹60 | 4.16 | ₹97.70 | +62.83% | ₹60.00 (-1.40%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working capital requirements including margin money | 62.00 |
| 2 | General Corporate Purpose | 3.37 |
| Total | 65.37 |
About Vibhor Steel Tubes IPO
Founded in 2003, Vibhor Steel Tubes Limited manufactures, exports and supplies steel pipes and tubes to various heavy engineering industries in India. The company's product portfolio includes: ERW pipes for application in water transport, oil, gas and other non-toxic supplies. Hot-dipped galvanized pipes for application in agriculture and infrastructure. Hollow section pipes in square and rectangular forms. Primer painted pipes Crash barriers for application in railways, highways, and roads. The company has two manufacturing facilities in Raigad, Maharashtra and Mahabubnagar (Dist.), Telangana and a warehouse in Hisar, Haryana. As of January 24, 2024 the company had a total of 640 permanent employees.+ Read More
Contact Details
Vibhor Steel Tubes Ltd. AddressPlot No.2, Industrial Development ColonyDelhi RoadHisar, Haryana, 125005+91 7030322880cs@vstlindia.comVisit Website