Venus Pipes IPO Subscription Details

Bookbuilding IPO | ₹165 Cr | Listed at BSE, NSE | Wed, May 11, 2022 - Fri, May 13, 2022

Basis of Allotment - Venus Pipes IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)10,14,86415,22,18625,37,0502,53,7055,07,4107,61,11517,75,93550,74,100
Allotment price (Rs.)326326326326326326326326
No.of applications173204,8831,9846,8674,16,4324,23,319
No.of shares applied1,20,79,00215,22,1861,36,01,18836,19,78676,15,2541,12,35,0402,36,67,4604,85,03,688
Amount collected (Rs.cr.)393.78 49.62 443.40 118.01 248.26 366.26 771.56 1,581.22
No.of times subscribed11.901.005.3614.2715.0114.7613.339.56
No.of shares allotted10,14,86415,22,18625,37,0502,53,7055,07,4107,61,11517,75,93550,74,100
Amount (Rs.cr.)33.08 49.62 82.71 8.27 16.54 24.81 57.90 165.42
No.of allottees173203937871,18038,60739,807

IPO Shares Offered

Venus Pipes IPO is a public issue of 0.51 Cr equity shares. The issue offers 0.18 Cr shares to retail investors, 0.25 Cr shares to qualified institutional buyers, and 0.08 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 25,37,05082.71 50.00%
    Anchor 15,22,186 49.62 30.00%
    QIB (Ex Anchor) 10,14,864 33.08 20.00%
NII 7,61,11524.81 15.00%
    bNII (> ₹10L)5,07,41016.54 10.00%
    sNII (< ₹10L)2,53,7058.27 5.00%
Retail17,75,93557.90 35.00%
Total50,74,100165.42 100%

Venus Pipes IPO Anchor Investor Allocation

A total of 15,22,186 shares at a price of Rs 326 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMay 10, 2022
Anchor investor price₹326.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days7,61,093
No. of shares locked-in for 90 days7,61,093
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NIPPON INDIA SMALL CAP FUND NIPPON INDIA MUTUAL FUND 7,00,028 22.82 45.99 13.80
2 KOTAK MAHINDRA LIFE INSURANCE CO.LTD. KOTAK LIFE INSURANCE 6,06,510 19.77 39.84 11.95
3 INDIA SME INVESTMENT-FUND I INDIA SME INVESTMENTS 2,15,648 7.03 14.17 4.25
15,22,18649.6210030.00

IPO Subscription FAQs

The Venus Pipes IPO is subscribed 16.31 times by May 13, 2022 17:00.

Venus Pipes IPO Subscription

Investor Category Subscription (times)
Qualified Institutional12.02
Non Institutional15.66
Retail Individual19.04
Total Subscription16.31

Retail category of Venus Pipes IPO subscribed 19.04 times as of date May 13, 2022 17:00. The public issue closes on Fri, May 13, 2022 for bidding.

An investor can apply in Venus Pipes IPO online via bank (using ASBA) or the broker (using UPI). The Venus Pipes IPO shares are offered online only.

The Venus Pipes IPO is subscribed 16.31 times by May 13, 2022 17:00.

The Venus Pipes IPO allotment status is expected on or around Thursday, May 19, 2022. Visit Venus Pipes IPO allotment status to check.

The Venus Pipes IPO listing date is May 24, 2022. The equity share of Venus Pipes IPO will list on BSE, NSE.

Visit Venus Pipes IPO subscription status page for real-time bidding information about Venus Pipes IPO.

Venus Pipes IPO Timetable

IPO opens OnWednesday, May 11, 2022
IPO Closes OnFriday, May 13, 2022
Finalisation of Basis of AllotmentThursday, May 19, 2022
Initiation of RefundsFriday, May 20, 2022
Credit of Shares to Demat AccountMonday, May 23, 2022
IPO Listing DateTuesday, May 24, 2022
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