247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Hi-Tech Pipes Limited IPO (Hi-Tech Pipes IPO) Details

Hi-Tech Pipes Limited is an Steel - Tubes And Pipes based company, located in New Delhi, Hi-Tech Pipes Limited IPO size was 13.65 Cr. and was issued at 50.00 per share. The share of Hi-Tech Pipes Limited were listed at 50.00 per share and are currently trading at 137.17 per share.

Type :
Sub Sector : Producing Steel Pipes Hollow Sections Tubes Cold Rolled Coils Road Crash Barriers
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
393.70 Cr.

PAT :
4.52 Cr.

Pricing Report

Issue Price :
50.00

Listing Price :
50.00

Current Market Price :
137.17

Issue Price vs CMP :
87.17 (174.34%)

listing Price vs CMP :
87.17 (174.34%)

Performance Report (CAGR* wise)

CAGR : 11.99
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Hi-Tech Pipes

Company Information
The journey of Hi-Tech Pipes Ltd (HPL) began in late 1985 as M/S Ram Lal Harbans Lal Limited. The company later changed its name to Hi-Tech Pipes Ltd. and commenced production in 1988 with the manufacturing of MS pipes. In 1996, the company expanded its offerings by producing CR coils and strips. As part of its strategy for backward integration, Hi-Tech Pipes installed a Continuous Galvanizing Line in 2001, followed by the establishment of hot-dipped galvanizing facilities in 2005. In 2008, the company started the production of highway crash barriers and hollow sections, and in 2010, it began producing solar mounting structures.

In 2012, Hi-Tech Pipes set up a second manufacturing unit in the Sikandrabad Industrial Area for steel tubes and hollow sections. The company further
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Object of Issue
  • To meet the working capital requirements of the Company
  • General Corporate Purposes
  • Issue Expenses

Hi-Tech Pipes SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Feb, 2016
IPO Size :
13.65 Cr.
PE Multiple :
11.00
IPO Registrar:
Sharepro Services Private Limited
Anchor Investors:

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FAQs

Hi-Tech Pipes operates in Steel - Tubes And Pipes and Producing Steel Pipes Hollow Sections Tubes Cold Rolled Coils Road Crash Barriers. The Issue is listed on NSE EMERGE in Feb, 2016. Hi-Tech Pipes IPO size was 13.65 Cr. with Issue price of 50.00 .

Hi-Tech Pipes IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Hi-Tech Pipes IPO listed at a listing price of 50.00 against the offer price of 50.00.

The current market price of Hi-Tech Pipes is 137.17.

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