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

Hariom Pipe Industries Limited IPO (Hariom Pipe Industries IPO) Details

Hariom Pipe Industries Limited is an Steel - Tubes And Pipes based company, located in Hyderabad, Hariom Pipe Industries Limited IPO size was 130.05 Cr. and was issued at 153.00 per share. The share of Hariom Pipe Industries Limited were listed at 224.70 per share and are currently trading at 241.41 per share.

Type :
Sub Sector : Manufacturer Of MS Pipes And Other Related Products
MainBoard IPO

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

Revenue :
402.32 Cr.

PAT :
25.74 Cr.

Pricing Report

Issue Price :
153.00

Listing Price :
224.70

Current Market Price :
241.41

Issue Price vs CMP :
88.41 (57.78%)

listing Price vs CMP :
16.71 (7.44%)

Performance Report (CAGR* wise)

CAGR : 17.84
-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 Hariom Pipe Industries

Company Information
Hariom is an integrated manufacturer specializing in Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron, using iron ore to produce Sponge Iron, which is then processed to create the final products. This cost-effective manufacturing process primarily serves the southern and western Indian markets under the brand name
Object of Issue
  • Repayment or pre-payment, in part or full of all or certain of their borrowings
  • Retirement of acquisition consideration of Edureka
  • Growth initiatives

Hariom Pipe Industries MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Apr, 2022
IPO Size :
130.05 Cr.
Market Cap :
389.79 Cr.   
IPO Subscription :
7.93 X     
PE Multiple :
15.15
Merchant Banker :
Iti Capital Limited
IPO Registrar:
Bigshare Services Private Limited

Thinking of
Listing Your Business through
SME IPO?

We can Help!

Contact Us Today

See Other MainBoard IPOs in Hyderabad

Aishwarya Telecom Limited

  Fiber Optic Test Equipments and Cable Fault

  Hyderabad


Alkali Metals Limited

  chemicals

  Hyderabad


Apollo Micro Systems Limited

  manufacturing and supplies company

  Hyderabad


Peer Companies Of This Sector

FAQs

Hariom Pipe Industries operates in Steel - Tubes And Pipes and Manufacturer Of MS Pipes And Other Related Products. The Issue is listed on MainBoard in Apr, 2022. Hariom Pipe Industries IPO size was 130.05 Cr. with Issue price of 153.00 .

Merchant Banker(s) of Hariom Pipe Industries IPO: Iti Capital Limited

Hariom Pipe Industries IPO subscription was 7.93 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.

Hariom Pipe Industries IPO listed at a listing price of 224.70 against the offer price of 153.00.

The current market price of Hariom Pipe Industries is 241.41.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency