| Venus Pipes & Tubes Ltd |
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| Registered Office: Survey No 233/2 and 234/1,Dhaneti Bhuj,Kachchh.-370201, Gujarat |
| Tel. No: 91-2836-232 183/84 |
| Fax No: |
| Email: cs@venuspipes.com |
| Website: www.venuspipes.com |
| Initial public offering of up to 5,074,100 equity shares of face value of Rs. 10 each ("Equity Shares") of Venus Pipes & Tubes Limited ("Company" or the "Issuer") for cash at a price of Rs. 326/- per equity share (including a share premium of Rs. 316/- per equity share (the "Issue Price") aggregating up to Rs. 165.42* crores (the "Issue"). The face value of the equity share is Rs. 10. The issue price is 32.6 times the face value of the equity shares. The issue will constitute 25% of the post issue paid up equity share capital of the company. *Subject of finalisation of basis of allotment |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 11-May-2022 | 13-May-2022 | ₹326.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 46 | Further Multiples of :46 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 147.89 | SMC Capitals Ltd |
| Project Financed through Current Offer | 165.42 | |
| Post Issue Equity Share Capital | 20.30 | |
| Issue Price | 326.00 |
| Projects |
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| Financing the Project Cost Towards Capacity Expansion & Backward Integration for Manufacturing of Hollow Pipes |
| To Meet The Long Term Working Capital Requirements |
| General Corporate Purposes |
| Promoted By |
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| Megharam Sagramji Choudhary |
| Jayantiram Motiram Choudhary |
| Dhruv Mahendrakumar Patel |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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