Hariom Pipe Industries Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Hariom Pipe

CMP

705.75

+16.15 (2.34%)

  • DRHP
₹153

Offer Price

₹ 130.05 Cr

Issue Size

₹ 14,994

Min Investment

3.57x

Times Subscribed

98

Lot size

Time Line

  • 30
    Mar 2022
    Open
  • 05
    Apr 2022
    Close
  • 08
    Apr 2022
    Finalisation of Basis of Allotment
  • 11
    Apr 2022
    Initiation of Refunds
  • 12
    Apr 2022
    Transfer of Shares to Demat Account
  • 13
    Apr 2022
    Listing Date

Shares Offered

Number of Times Subscribed

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 21.38 (0.00%) 21.38 (-) 12.29 (-42.50%)
Gross Profit 21.38 (0.00%) 21.38 (-) 12.29 (-42.50%)
Net Income 21.38 (0.00%) 21.38 (-) 12.29 (-42.50%)
Assets 21.38 (0.00%) 21.38 (-) 12.29 (-42.50%)
Liabilities 21.38 (0.00%) 21.38 (-) 12.29 (-42.50%)

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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