Hariom Pipe Industries IPO vs Venus Pipes IPO

Comparison between Hariom Pipe Industries IPO and Venus Pipes IPO.

IPO Details

Hariom Pipe Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Venus Pipes IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Hariom Pipe Industries IPO is up to ₹130.05 Cr whereas the issue size of the Venus Pipes IPO is up to ₹165.42 Cr. The final issue price of Hariom Pipe Industries IPO is ₹153.00 per share and of Venus Pipes IPO is ₹326.00 per share.

 Hariom Pipe Industries IPOVenus Pipes IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹144.00 per share₹310.00 per share
Issue Price (Upper)₹153.00 per share₹326.00 per share
Issue Price (Final)₹153.00 per share₹326.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size98 shares46 shares
Fresh Issue Size85,00,000 shares50,74,100 shares
Fresh Issue Size (Amount)up to ₹130.05 Crup to ₹165.42 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total85,00,000 shares50,74,100 shares
Issue Size Total (Amount)up to ₹130.05 Crup to ₹165.42 Cr

IPO Timetable

Hariom Pipe Industries IPO opens on Mar 30, 2022, while Venus Pipes IPO opens on May 11, 2022. The closing date of Hariom Pipe Industries IPO and Venus Pipes IPO is Apr 05, 2022, and May 13, 2022, respectively.

 Hariom Pipe Industries IPOVenus Pipes IPO
Anchor Bid DateMay 10, 2022
Issue OpenMar 30, 2022May 11, 2022
Issue CloseApr 05, 2022May 13, 2022
Basis Of Allotment (Tentative)Apr 08, 2022May 19, 2022
Initiation of Refunds (Tentative)Apr 11, 2022May 20, 2022
Credit of Share (Tentative)Apr 12, 2022May 23, 2022
Listing date (Tentative)Apr 13, 2022May 24, 2022
Anchor Lockin End date 1Jun 18, 2022
Anchor Lockin End date 2Aug 17, 2022

Financials & KPIs

Hariom Pipe Industries IPO P/E ratio is 15.15, as compared to Venus Pipes IPO P/E ratio of 21.03.

 Hariom Pipe Industries IPOVenus Pipes IPO
Financials

Company Financials ()

Period Ended
Amount in ₹ Crore

Company Financials ()

Period Ended
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.1064.27
Promoter Shareholding (Post-Issue)6648.20
P/E Ratio15.1521.03
Market Cap₹389.79 Cr.₹661.65 Cr.
ROE21.3859
ROCE27.4161
Debt/Equity1.130.94
EPS₹10.64₹18.04
RoNW21.3859.18

Shares Offered

In the Hariom Pipe Industries IPO Retail Individual Investors (RII) are offered 29,75,000 shares while in Venus Pipes IPO retail investors are offered 29,75,000 shares. Qualified Institutional Buyers (QIB) are offered 25,50,000 shares in Hariom Pipe Industries IPO and 10,14,864 shares in Venus Pipes IPO.

 Hariom Pipe Industries IPOVenus Pipes IPO
Anchor Investor Reservation15,22,186 shares
Market Maker Reservation
QIB25,50,000 shares10,14,864 shares
NII29,75,000 shares7,61,115 shares
RII29,75,000 shares17,75,935 shares
Employee
Others
Total85,00,000 shares50,74,100 shares

Bids Received (Subscription)

Hariom Pipe Industries IPO subscribed 7.93x in total, whereas Venus Pipes IPO subscribed 16.31x.

 Hariom Pipe Industries IPOVenus Pipes IPO
QIB (times)1.91x12.02x
NII (times)8.87x15.66x
Big NII (times)
Small NII (times)
RII (times)12.15x19.04x
Employee (times)
Other (times)
Total (times)7.93x16.31x

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Hariom Pipe Industries IPO Vs Venus Pipes IPO