Vibhor Steel Tubes Limited
ListedMainboardIndustrial & Financial Services · NSE / BSE
Vibhor Steel Tubes Limited is a major Indian manufacturer, exporter, and supplier of steel pipes and tubes used in heavy engineering industries, offering products such as ERW pipes for water, oil, and gas supply, hot-dipped galvanized pipes for agriculture and infrastructure, hollow section pipes in square and rectangular shapes, primer-painted pipes for industrial use, and crash barriers for railways, highways, and roads. The company operates two manufacturing units in Raigad, Maharashtra and Mahabubnagar, Telangana, along with a warehouse in Hisar, Haryana, and as of September 28, 2023, it had a workforce of 636 employees, including factory staff.
Price Band
₹141 – ₹151
Issue Size
₹72.17 Cr
Lot Size
99 shares
GMP
₹140
+92.7%
Est. Listing
₹291
at current GMP
Subscribed
320.05x
overall
Open
13 Feb 2024
Close
15 Feb 2024
Allotment
16 Feb 2024
Refund
17 Feb 2024
Demat Credit
18 Feb 2024
Listing
20 Feb 2024
Last updated 12 days ago
Overall Subscription
320.05x
Total Demand
QIB Multiplier
191.41x
Institutions & Funds
NII / HNI
772.49x
High Net-Worth
Retail (RII)
201.52x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 950,062 | 181,847,952 | 191.41x |
| NIB | 712,491 | 550,395,252 | 772.49x |
| HNIs(10L +) | 474,994 | 358,323,471 | 754.37x |
| HNIs (2-10L) | 237,497 | 192,071,781 | 808.73x |
| RETAIL | 1,662,480 | 335,017,089 | 201.52x |
| EMPLOYEES | 29,502 | 6,365,700 | 215.77x |
| Total | 4,067,026 | 1,624,021,245 | 320.05x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 16,897 | 3,405,083 | 201.52x |
| HNIs (10L +) | 108 | 83,429 | 772.49x |
| HNIs (2-10L) | 517 | 399,377 | 772.49x |
| Total Applications | 17,522 | 3,887,889 | 221.89x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Vibhor Steel Tubes Limited Public Issue & Market Profile
Vibhor Steel Tubes Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹72.17 Crores. The shares are offered at a price band of ₹141 to ₹151 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2024-02-15, the basis of allotment is scheduled to be finalized on 2024-02-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Vibhor Steel Tubes Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Vibhor Steel Tubes Limited IPO is ₹140 per equity share. Based on the upper price band of ₹141 to ₹151 per equity share, the estimated listing price is ₹291 (+92.7% expected listing gain).
What is the expected profit per lot for Vibhor Steel Tubes Limited IPO?
With a lot size of 99 shares and current GMP of ₹140, the expected profit per application lot is approx ₹13,860 (+92.7% gain). Minimum application cost is approx ₹14,949.
What is the issue size and price band for Vibhor Steel Tubes Limited IPO?
The Vibhor Steel Tubes Limited IPO aggregate issue size is ₹72.17 Crores with an equity price band set at ₹141 to ₹151 per equity share. The retail lot size is 99 shares requiring a minimum capital outlay of approx. ₹14,949.
How can I check Vibhor Steel Tubes Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 320.05x (Retail: 201.52x, QIB: 191.41x, NII: 772.49x). You can track live multiples directly on our dedicated subscription page.
Where and when will Vibhor Steel Tubes Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-02-16. Investors can verify status using PAN card or application number.
When is the listing date for Vibhor Steel Tubes Limited IPO?
Vibhor Steel Tubes Limited shares are scheduled to list on NSE and BSE on 2024-02-20.