Hariom Pipe
CMP
738.15
-34.00 (-4.40%)
- DRHP
₹153
Offer Price
₹ 130.05 Cr
Issue Size
₹ 14,994
Min Investment
3.57x
Times Subscribed
98
Lot size
Time Line
-
30Mar 2022Open
-
05Apr 2022Close
-
08Apr 2022Finalisation of Basis of Allotment
-
11Apr 2022Initiation of Refunds
-
12Apr 2022Transfer of Shares to Demat Account
-
13Apr 2022Listing Date
Shares Offered
Number of Times Subscribed
Day 5
05 Apr 2022
3.57x
QIB
1.91
NIB
2.68
Retail
6.92
Employee
0.00
Day 4
04 Apr 2022
1.54x
QIB
0.83
NIB
0.33
Retail
3.96
Employee
0.00
Day 3
01 Apr 2022
0.90x
QIB
0.44
NIB
0.27
Retail
2.20
Employee
0.00
Day 2
31 Mar 2022
0.78x
QIB
0.44
NIB
0.27
Retail
1.87
Employee
0.00
Day 1
30 Mar 2022
0.32x
QIB
0.00
NIB
0.00
Retail
0.90
Employee
0.00
Objects of the Offer
-
Expand our geographical network.
-
Organic growth by expansion of its manufacturing capacity.
-
Upgrading its existing manufacturing facilities.
-
Expanding its product range to add more value-added products.
-
Increasing Operational efficiency
Products & Services
-
The Company is an integrated manufacturer of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron.
Strengths
-
Integrated nature of the operations
-
Environment friendly manufacturing process
-
Strategic Location of manufacturing Units
-
Competitive pricing of the products
-
Experienced Promoters and management Team
Company Promoters
Promoters Holding
Issue For IPO
42.00%
Pre Holding
42.00%
Post Holding
-
Top Promoters Holding
Financials
All values in Cr
| Mar-2021 | Mar-2021 | Mar-2023 | 3-Yr trend | |
|---|---|---|---|---|
| Revenue | 254.14 (58.10%) | 254.14 (0.00%) | 768.59 (202.40%) | |
| Gross Profit | 27.46 (66.50%) | 27.46 (0.00%) | 72.25 (163.10%) | |
| Net Income | 15.13 (91.30%) | 15.13 (0.00%) | 46.21 (205.40%) | |
| Assets | 151.17 (29.60%) | 151.17 (0.00%) | 672.78 (345.10%) | |
| Liabilities | 81.33 (12.80%) | 81.33 (0.00%) | 297.45 (265.70%) |
Peers
| Company Name | Revenue (Cr) | Net Profit (Cr) | Assets (Cr) | Liabilities (Cr) | ROE | EPS | BVPS | Current Ratio | Debt to Assets |
|---|---|---|---|---|---|---|---|---|---|
| Hariom Pipe Industries Ltd | 254.14 | 15.13 | 151.17 | 81.33 | 21.38 | 0.00 | 41.18 | 4.68 | 0.53 |
| APL Apollo Tubes Ltd | 8,499.75 | 360.16 | 3,398.95 | 3,398.95 | 21.25 | 28.81 | 146.75 | 10.59 | 0.26 |
| Hi-Tech Pipes Ltd | 1,340.63 | 22.80 | 599.28 | 599.28 | 11.11 | 18.96 | 183.11 | 3.80 | 1.44 |
| Rama Steel Tubes Ltd | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| JTL Infra Ltd | 435.76 | 20.06 | 209.38 | 209.38 | 20.70 | 18.91 | 18.27 | 9.58 | 0.65 |
Book Running Managers
- ITI Capital Limited
Registrar & Transfer Agent
Bigshare Services Pvt Ltd
Office No 56-2,Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093 Phone : 91-22-62638200 Fax: 91-22-63638299
Company Contact Information
Plot 3-4-174/12/2 1st Floor,Samarpan Lane No. 125 Attapur,
Hyderabad - 500048 Phone : 91-40-24016101 Email : cs@hariompipes.com www.hariompipes.com
Offer Related Information
Initial public issue of up to 85,00,000 equity shares of face value of Rs. 10.00 each of Hariom Pipe Industries Limited ("The Company" or "The "Issuer") for cash at a price of Rs. 153 per equity share (including a share premium of Rs. 143 per equity share) ("Issue Price") aggregating up to Rs. 130.05* crores ("The Issue"). The issue will constitute 33.36% of the post issue paid up equity share capital of the company. *Subject of finalisation of basis of allotment The face value of... More
News
-
06 Apr 2022, 11:02 AM
Hariom Pipe Industries IPO ends with good subscription
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