- 1 When is Hariom Pipe Industries IPO Launching?
- 2 Hariom Pipe Industries IPO Tentative Timetable
- 3 Hariom Pipe Industries IPO Lot Size
- 4 Hariom Pipe Industries IPO Share Price
- 5 Hariom Pipe Industries IPO Promoter Holding
- 6 Hariom Pipe Industries Board of Directors
- 7 Hariom Pipe Industries Company Financials
- 8 About Hariom Pipe Industries
- 9 Company Contact Information
- 10 Hariom Pipe Industries IPO GMP
- 11 How to apply for Hariom Pipe Industries IPO?
- 12 Final Review
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).
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
|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)|
|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
1st Floor, Samarpan Lane, Beside Spencer’s
Pillar No. 125, Attapur, Hyderabad – 500 048
Phone: +91 40 2401 6101
Hariom Pipe Industries IPO GMP
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.
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.