Hariom Pipe Industries Limited IPO (Hariom Pipe Industries IPO) Detail


When is Hariom Pipe Industries IPO Launching?

The initial public offering (IPO) of Hariom Pipe Industries Ltd. is scheduled for today, March 30, 2022.

Hariom Pipe Industries IPO Tentative Timetable

The Hariom Pipe Industries IPO open date is Mar 30, 2022, and the close date is Apr 5, 2022. The issue may list on Apr 13, 2022.

IPO Open Date Mar 30, 2022
IPO Close Date Apr 5, 2022
Basis of Allotment Date Apr 8, 2022
Initiation of Refunds Apr 11, 2022
Credit of Shares to Demat Account Apr 12, 2022
IPO Listing Date Apr 13, 2022


Hariom Pipe Industries IPO Lot Size

The Hariom Pipe Industries IPO market lot size is 98 shares. A retail-individual investor can apply for up to 13 lots (1274 shares or ₹194,922).

Application Lots Shares Amount (Cut-off)
Minimum 1 98 ₹14,994
Maximum 13 1274 ₹194,922


Hariom Pipe Industries IPO Share Price

Hariom Pipe Industries IPO is a main-board IPO of 8,500,000 equity shares of the face value of Rs. 10 aggregating up to Rs. 130.05 Crores. The issue is priced at ₹144 to ₹153 per equity share. The minimum order quantity is 98 Shares.

Hariom Pipe Industries IPO Promoter Holding

Rupesh Kumar Gupta and Sailesh Gupta are the company promoters.

Pre Issue Share Holding 99.10%
Post Issue Share Holding 66%


Hariom Pipe Industries Board of Directors

Name Designation
Amitabh Bhattacharya Chief Financial Officer
Ashish Agarwal Head – Marketing
Chirag Partani Co. Secretary & Compl. Officer
Pramod Kumar Kapoor Chairman & Ind.Director
Rajender Reddy Gankidi Independent Director
Rupesh Kumar Gupta Managing Director
Sailesh Gupta Whole Time Director
Shanti Sree Bolleni Independent Director
Sunita Gupta Non Executive Director


Hariom Pipe Industries Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in Lakhs)
30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 19,881.96 17,374.03 13,967.72 10,335.11
Total Revenue 20,116 25,482.31 16,115.05 13,391.56
Profit After Tax 1,286.90 1,513.20 790.83 802


About Hariom Pipe Industries

Hariom Pipe Industries Limited manufactures iron and steel products including Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. The organization sells and markets MS Pipes in the western and southern pieces of India under the brand name “Hariom Pipes”. As a feature of the B2B sales, the organization sells MS Pipes and Scaffoldings to explicit developers and contractors. Hariom Pipe Industries has in excess of 200 dealers and distributors for selling its products. The organization is situated in Hyderabad, Telangana.

The organization operates two plants, one in Mahabubnagar District in Telangana (Unit I) which manufactures finished steel products from iron scrap and sponge iron, and the second plant in Anantapur District, Andhra Pradesh (Unit II) which main manufactures Sponge Iron.

Hariom Pipe Industries has in excess of 200 representatives, 1400 or more Retailers’ distribution network, 150 or more assembling specifications, and a total of 300832 MT producing capacity.

Company Contact Information

Hariom Pipe Industries Limited
Plot 3-4-174/12/2,
1st Floor, Samarpan Lane, Beside Spencer’s
Pillar No. 125, Attapur, Hyderabad – 500 048
Phone: +91 40 2401 6101
Email: cs@hariompipes.com

Hariom Pipe Industries IPO GMP


Also read: Eighty Jewellers Limited IPO (Eighty Jewellers IPO) Detail

How to apply for Hariom Pipe Industries IPO?

You can apply for Hariom Pipe Industries IPO online utilizing either UPI or ASBA as a payment strategy. ASBA IPO application is accessible in the net banking of your bank account. UPI IPO application is presented by intermediaries who don’t offer banking services. Peruse more insight concerning applying IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

Final Review

The organization is a south-driven player in its field. It has reported bumper profits for the final remaining one and half financial that causes a stir however according to explanation, it’s because of ascending in commodity costs globally. In view of this exhibition, the issue is completely estimated, yet, it merits considering for the medium to long term because of competitive value against peers. It is in a “T” bunch for the initial period, which might preclude a theoretical move to rundown will. Investors might consider an investment from a short to long-term point of view.


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