Hariom Pipe Industries IPO Allotment Status

Hariom Pipe Industries IPO Allotment Status

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Hariom Pipe Industries IPO Allotment Status

Hariom Pipe Industries’ initial public offering (IPO) was subscribed 7.93 times on the final day of bidding on Tuesday, April 7. Investors who had bid for the offer can check Hariom Pipe Industries IPO allotment status by following a few simple steps online. 

Hariom Pipe Industries IPO received bids for 6.74 crore shares as against the 85 lakh on offer, according to NSE data. A subscription of 7.93 times means that roughly one in eight investors will receive IPO shares against their bids. 

IPO Important Dates

Offer End:05 Apr 2022
Allotment Finalisation:08 Apr 2022
Refund Initiation:11 Apr 2022
Listing:13 Apr 2022

Here are the steps to follow to check Hariom Pipe Industries IPO allotment status

• Step 1: Go to the official BSE website at bseindia.com click Here.
• Step 2: Select the issue name ‘Hariom Pipes Industries IPO’ from the dropdown menu.
• Step 3: Enter your Hariom Pipes IPO application number.
• Step 4: Enter PAN details in the designated box.
• Step 5: Verify the ‘captcha’ challenge.
• Step 6: Click on the ‘Submit’ button.
• Step 7: Final step show your application status.

You can also check ipo allotment status registrar website: https://www.bigshareonline.com/ipo_Allotment.html

About the Company

Hariom is an integrated manufacturer of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. It uses iron ore to produce Sponge Iron which is then processed across various stages to manufacture its final products viz. MS Pipes and Scaffolding making its manufacturing process cost-effective. It caters to the southern and western Indian markets for its products. Its MS Pipes are marketed and sold in these geographies under the brand name “Hariom Pipes”. Substantial portion of the Sponge Iron, MS Billets and HR Strips produced by us are used for captive consumption in the manufacturing MS Pipes and Scaffolding. It manufactures MS Pipes and Scaffoldings of more than one hundred fifty (150) different specifications and cater, directly and indirectly, to customer requirements in various sectors such as housing, infrastructure, agriculture, automotive, power, cement, mining, solar power and engineering.