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

Vibhor Steel Tubes Limited IPO (Vibhor Steel Tubes IPO) Details

Vibhor Steel Tubes Limited is an Steel - Tubes And Pipes based company, located in Hisar, Vibhor Steel Tubes Limited IPO size was 72.17 Cr. and was issued at 151.00 per share. The share of Vibhor Steel Tubes Limited were listed at 442.00 per share and are currently trading at 206.39 per share.

Type :
Sub Sector : ?manufacturer And Exporter Of Steel Pipes And Tubes Of Many Varieties
MainBoard IPO

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

Revenue :
1062.48 Cr.

PAT :
17.04 Cr.

Pricing Report

Issue Price :
151.00

Listing Price :
442.00

Current Market Price :
206.39

Issue Price vs CMP :
55.39 (36.68%)

listing Price vs CMP :
235.61 (53.31%)

Performance Report (CAGR* wise)

CAGR : 40.42
-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 Vibhor Steel Tubes

Company Information
Vibhor Steel Tubes Limited was originally incorporated as 'Vibhor Steel Tubes Private Limited' under the Companies Act, 1956, with a certificate of incorporation issued on April 16, 2003, by the Registrar of Companies (RoC), National Capital Territory of Delhi and Haryana. On June 14, 2023, the company was converted from a private to a public company following a special resolution passed by the shareholders. A fresh certificate of incorporation reflecting the change of name was issued by the RoC on July 07, 2023.
Vibhor Steel Tubes Limited is a two-decade-old manufacturer, exporter, and supplier of steel pipes and tubes to various heavy engineering industries in India. The company specializes in manufacturing Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hollow Steel Pipes, and Cold Rolled Steel
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Object of Issue
  • Funding of working capital requirements of the company and
  • General Corporate Purposes

Vibhor Steel Tubes MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Feb, 2024
IPO Size :
72.17 Cr.
Market Cap :
286.33 Cr.   
IPO Subscription :
320.05 X     
PE Multiple :
21.99
IPO Registrar:
Kfin Technologies Limited

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FAQs

Vibhor Steel Tubes operates in Steel - Tubes And Pipes and ?manufacturer And Exporter Of Steel Pipes And Tubes Of Many Varieties. The Issue is listed on MainBoard in Feb, 2024. Vibhor Steel Tubes IPO size was 72.17 Cr. with Issue price of 151.00 .

Merchant Banker(s) of Vibhor Steel Tubes IPO: Khambatta Securities Limited

Vibhor Steel Tubes IPO subscription was 320.05 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.

Vibhor Steel Tubes IPO listed at a listing price of 442.00 against the offer price of 151.00.

The current market price of Vibhor Steel Tubes is 206.39.

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