Hariom Pipe Industries Limited IPO Details.
Company All Details
Founded
2007
Managing Director
Managing Director of the Company, namely Rupesh Kumar Gupta.
Company Promoters:
The promoters of the Company, namely Rakesh Khemka and Sumitra Devi Khemuka.
About the company.
The company 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 Scaffoldings, 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 portions of the Sponge Iron, MS Billets and HR Strips produced by the company 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.
Objects Of The Offer:
- Funding capital expenditure requirements.
- Funding the working capital requirements of the company., and
- General corporate purposes.
Hariom Pipe Industries Limited IPO Details:
Issue Amount : Upto Rs 130 Cr
Post Issue Implied Market Cap: Upto ₹390 Cr at Upper band
Total shares on offer : Upto #850,000 Equity Shares
Face Value : ₹10 per share
Price Band : ₹144 to ₹153
Lot Size : 98 shares
IPO Registrar : Bigshare Services Pvt. Ltd.
Hariom Pipe Industries Limited IPO Timeline, IPO Open Date, Listing Date, Refund Date
| IPO Open Date | March 30, 2022 |
| IPO Close Date | April 05, 2022 |
| Time | 10 AM to 5 PM |
| Basis of Allotment Date | April 08, 2022 |
| Initiation of Refunds | April 11, 2022 |
| Credit of Shares to Demat Account | April 12, 2022 |
| IPO Listing Date (Trading commence) NSE & BSE | April 13, 2022 |
Offer Breakup
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 30% |
| Non Institutional Byers (NIB) | 35% |
| Retail Individual Investor (RII) | 35% |
| Employee | – |
Important Financial Data:
For the year/period ended (₹ in Crore) Last Three Year
| Particulars (in ₹ Crore) | As at March 31, 2021 | As at March 31, 2020 | As at March 31, 2019 |
|---|---|---|---|
| Total Assets | 173.74 | 139.68 | 103.35 |
| Total Revenue | 254.14 | 160.78 | 133 |
| Net Profit & Loss for the period | 15.13 | 7.91 | 8.02 |
Prospectus Document:
Download RHP File
Download DRHP File
What is Hariom Pipe Industries Limited IPO?
Issue Amount : Upto Rs 130 Cr.
What is Hariom Pipe Industries IPO?
IPO is a main-board IPO. They are going to raise ₹130 Crores via IPO. The issue is priced at ₹144 to ₹153 per equity share. The IPO is to be listed on BSE & NSE.
Hariom Pipe Industries Limited IPO Open?
30 March 2022 to 05 April 2022.
When Hariom Pipe Industries Limited IPO will open?
The IPO is to open on 30 March 2022 for QIB, NII, and Retail Investors.
Registered Office
Registered and Corporate Office:
Registered Office :
Ganga Jamuna Apartment 28/1,
Shakespeare Sarani, 1st Floor,
Kolkata 700 017, West Bengal, India
Contact Person : Sriti Singh Roy, Company Secretary
and Compliance Officer
E-mail: Email: cs@umaexports.net.in
Telephone : Tel: +91 33 22811396 / 7
Website : www.umaexports.net
How to apply on Zerodha, Hariom Pipe Industries Limited IPO through Zerodha?
Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in Hariom Pipe Industries Limited IPO by login into Zerodha Console (back office) and Select an I.P.O application form.
Steps to apply in Hariom Pipe Industries Limited IPO through Zerodha.
1. Visit the Zerodha website or Kite App and login to Zerodha.
2. Go to Console area and click the IPOs link.
3. Go to the ‘Hariom Pipe Industries Limited IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. After Successfully submitting application, Visit the UPI App and approve the mandate (Enter your UPI pin & pay the ipo amount)
7. IPO application is complete you can chek status on zerodha console.