Hariom Pipe IPO GMP, Hariom Pipe Grey Market Premium
Hariom Pipe IPO: Hariom Pipe IPO GMP (Hariom Pipe Grey Market Premium), Hariom Pipe IPO Date, Hariom Pipe IPO Review, Hariom Pipe IPO Benefits & Risks. We will update Hariom Pipe GMP daily. Also, all information related to Hariom Pipe IPO like price band, all dates, issue size and retail parts etc. All the important information about Hariom Pipe IPO is given below.
Hariom Pipe IPO
Hariom Pipe Industries Ltd. is primarily a manufacturer of Scaffolding, MS Pipes, HR Strips, MS Billets, and Sponge Iron. The company is one of the premium manufacturers of iron and steel products. The IPO Date of Hariom Pipe is 30 March 2022 and the IPO closing date is 05 April 2022. Hariom Pipe Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 130 crore through IPO (Initial public offering).
Hariom Pipe IPO will open on 30 March 2022 and close on 05 April 2022. The price band of the Hariom Pipe IPO is ₹144 to ₹153. The company is looking to raise around ₹130 crores through an initial public offering (IPO). Hariom Pipe IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. Hariom Pipe's IPO listing date is 13 April 2022. You can know about Hariom Pipe IPO GMP (Grey Market Premium) below.
The company has made a profit of ₹15.13 crores in the financial year 2021 (March 2021). Hariom Pipe IPO Size is ₹130 crores. The IPO of Hariom Pipe will be listed on NSE and BSE. Hariom Pipe IPO face value is ₹10 per equity share.
We will talk about Hariom Pipe's financial, benefits, and risks of investing in the company.
Read About
What is Hariom Pipe IPO GMP Today?
Hariom Pipe IPO GMP is ₹5.
What is the Hariom Pipe IPO Date?
Hariom Pipe's IPO Opening date is 30 March 2022.
What is Hariom Pipe IPO Expected Return?
Hariom Pipe IPO Expected Returns is approx 5%.
About Hariom Pipe Limited
Hariom Group was established in the year 1962 by the industrialist, Late Shri Hariom Golas. Hariom Pipe Industries Limited (Hariom Pipes) is part of the reputed Hariom Group. Hariom Pipe Industries Ltd. is a premium manufacturer of iron and steel products.
Hariom Pipe Industries Limited has grown strongly to grow into an integrated steel manufacturer with a strong presence in the South Indian market. The company mainly manufactures a wide variety of products consisting of Mild Steel (MS) Billets, Pipes & Tubes, Hot Rolled (HR) Coils, and Scaffolding Systems.
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Purpose of the offer
- To prepay/repay all or a part of the dues raised by the company.
- To meet general corporate objectives.
Hariom Pipe GMP Today (Grey Market Premium)
.
| DATE | GMP | KOSTAK | Subject to Sauda |
|---|---|---|---|
| 12 April | ₹ | ₹ | ₹ |
| 11 April | ₹ | ₹ | ₹ |
| 10 April | ₹ | ₹ | ₹ |
| 09 April | ₹ | ₹ | ₹ |
| 08 April | ₹15 | ₹- | ₹- |
| 07 April | ₹15 | ₹- | ₹- |
| 06 April | ₹- | ₹- | ₹- |
| 05 April | ₹- | ₹- | ₹- |
| 04 April | ₹- | ₹- | ₹- |
| 03 April | ₹- | ₹- | ₹- |
| 02 April | ₹- | ₹- | ₹- |
| 01 April | ₹- | ₹- | ₹- |
| 31 March | ₹- | ₹- | ₹- |
| 30 March | ₹- | ₹- | ₹- |
| 29 March | ₹- | ₹- | ₹- |
| 28 March | ₹- | ₹- | ₹- |
| 27 March | ₹- | ₹- | ₹- |
| 26 March | ₹- | ₹- | ₹- |
| 25 March | ₹- | ₹- | ₹- |
Hariom Pipe IPO Date and Price Band Details
Hariom Pipe IPO open date: 30 March 2022, Closing date: 05 April 2022, and Listing date: 13 April 2022. The price band of Hariom Pipe IPO is ₹144 to ₹153 per share. Hariom Pipe IPO issue size is Rs 130 crores. Hariom Pipe Ipo retails portion is 35%, QIB Portion is 50%, and NII Portion is 15%.
| IPO Open: | 30 March 2022 |
| IPO Close: | 05 April 2022 |
| Listing Date: | 13 April 2022 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹130 Crores |
| Fresh Issue: | Approx ₹130 Crores |
| Offer For Sale: | N/A |
| Price Band: | ₹144 to ₹153 per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
Hariom Pipe IPO Market Lot & Size
Hariom Pipe IPO's minimum lot size is 98 shares with ₹14,994 application amount and the maximum lot size is 1274 shares with ₹194,922 application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | 98 Shares |
| Minimum Amount: | ₹14,994 |
| Maximum Lot: | 13 |
| Maximum Lot Size: | 1274 Shares |
| Maximum Amount: | ₹194,922 |
Hariom Pipe IPO Allotment & Listing Date
| Ipo Opening Date: | 30March 2022 |
| IPO Closing Date: | 05 April 2022 |
| Basis of Allotment: | 08 April 2022 |
| Refund Date: | 11 April 2022 |
| Credit to Demat Account: | 12 April 2022 |
| Listing Date: | 13 April 2022 |
Hariom Pipe IPO Review
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- ICICI Securities: To be updated
- Capital Market: To be updated
- Ventura Securities Limited: To be updated
- GEPL Capital Ltd: To be updated soon
Hariom Pipe Ipo Review
[Not rated yet (To be updated)]
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- The company is growing into an integrated steel manufacturer with a strong presence in the South Indian market.
- The company has a wide product portfolio.
- The company's manufacturing units are located in strategic locations, which is a positive thing for the company.
- The company has a strong team and experienced promoters.
Risks
- The company has failed to differentiate itself from other companies.
- His company's promoters and some directors are involved in legal proceedings that may have a negative impact on the company's operations.
- The company is facing tough competition in this sector.
- Continuously fluctuating commodity prices can have a negative impact on the sales and operations of a company's products.
Hariom Pipe Financials
Hariom Pipe Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| Mar 2019 | ₹103.35 | ₹133.92 | ₹8.02 |
| Mar 2020 | ₹139.68 | ₹161.15 | ₹7.91 |
| Mar 2021 | ₹173.74 | ₹254.82 | ₹15.13 |
| Jun 2021 | ₹- | ₹- | ₹- |
Promoters
The promoters of the company are:
- Rupesh Kumar Gupta
- Sailesh Gupta
Contact Details of Hariom Pipe
Hariom Pipe Industries Limited
Plot 3-4-174/12/2, 1st Floor, Samarpan Lane,
Besides Spencer’s, Pillar No. 125, Attapur,
Hyderabad – 500 048, Telangana, India
Tel: +91 40 2401 6101
E-mail: cs@hariompipes.com
Website: www.hariompipes.com
Hariom Pipe Lead Managers
- ITI Capital Limited
Hariom Pipe IPO Registrars
BIGSHARE SERVICES PRIVATE LIMITED
1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis
Makwana Road, Marol, Andheri East, Mumbai – 400 059
Tel. No.: +91 22626 38200
Email:ipo@bigshareonline.com
Website: www.bigshareonline.com
Conclusion
Coming to the financial position of the company, the company has a good financial track record. The company had earned a profit of 15.18 crores in the financial year 2021. You can apply for Small Listing Gain in Hariom Pipes IPO, if you are thinking of long-term investment in this IPO then you should know more about this company. Hariom Pipes International's financial statement and other information are listed above.
Hariom Pipe IPO FAQs
What is Hariom Pipe IPO GMP Today?
Hariom Pipe IPO GMP is ₹15 as of today.
What is the Hariom Pipe IPO Opening Date?
Hariom Pipe IPO Opening date is 29 March 2022.
What is the Hariom Pipe IPO Closing Date?
Hariom Pipe IPO Closing date is 31 March 2022.
What is the Hariom Pipe IPO Allotment date?
Hariom Pipe IPO Allotment Date is 05 April 2022.
What is Hariom Pipe IPO Listing Date?
The Hariom Pipe IPO Date is 07 April 2022.
What is Hariom Pipe IPO Kostak Rate?
Hariom Pipe IPO Kostak rate is ₹200.
What is Hariom Pipe IPO Expected Returns?
Hariom Pipe IPO Expected Returns is 5%.
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For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the Hariom Pipe Ltd IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "Hariom Pipe Ltd".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
Disclaimer
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