{"id":5691,"date":"2024-02-08T14:29:33","date_gmt":"2024-02-08T08:59:33","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5691"},"modified":"2024-02-08T14:29:40","modified_gmt":"2024-02-08T08:59:40","slug":"vibhor-steel-tubes-ipo-details","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/vibhor-steel-tubes-ipo-details\/","title":{"rendered":"Vibhor Steel Tubes IPO Details - Complete Overview of Vibhor Steel Tubes Limited IPO"},"content":{"rendered":"\n<p><strong>Vibhor Steel Tubes<\/strong> <strong>IPO Price: <\/strong>\u20b9141 to \u20b9151<strong><br>IPO Date Range:<\/strong> Feb 13, 2024 - Feb 15, 2024<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"629\" height=\"638\" src=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/02\/Vibhor-Steel-Tubes-Logo.png\" alt=\"Vibhor Steel Tubes IPO\" class=\"wp-image-5698\" style=\"width:213px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/02\/Vibhor-Steel-Tubes-Logo.png 629w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/02\/Vibhor-Steel-Tubes-Logo-415x421.png 415w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/02\/Vibhor-Steel-Tubes-Logo-45x45.png 45w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/02\/Vibhor-Steel-Tubes-Logo-96x96.png 96w, https:\/\/lakshmishree.com\/blog\/wp-content\/uploads\/2024\/02\/Vibhor-Steel-Tubes-Logo-150x152.png 150w\" sizes=\"(max-width: 629px) 100vw, 629px\" \/><\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\">Foundation &amp; Business Essence<\/h2>\n\n\n\n<p>Established in 2003, Vibhor Steel Tubes Limited is a notable manufacturer, exporter, and supplier of steel pipes and tubes serving heavy engineering industries in India. The company operates from manufacturing facilities in Raigad, Maharashtra, and Mahabubnagar, Telangana, with an additional warehouse in Hisar, Haryana, dedicated to delivering high-quality products.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Product Portfolio<\/h2>\n\n\n\n<p>The company offers various steel pipes and tubes for different purposes, such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ERW pipes that can carry water, oil, gas and other harmless fluids.<\/li>\n\n\n\n<li>Galvanized pipes that can resist corrosion and are suitable for farming and construction.<\/li>\n\n\n\n<li>Hollow section pipes that have square or rectangular shapes and can be used for structural or aesthetic purposes.<\/li>\n\n\n\n<li>Primer painted pipes that have a protective coating and a smooth finish.<\/li>\n\n\n\n<li>Crash barriers that can prevent accidents and ensure safety on railways, highways, and roads.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n\n<div class=\"wp-block-uagb-countdown uagb-block-3d225132\"><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-days\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-days\">-<\/div><div class=\"wp-block-uagb-countdown__label\">DAYS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-hours\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-hours\">-<\/div><div class=\"wp-block-uagb-countdown__label\">HOURS<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-minutes\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-minutes\">-<\/div><div class=\"wp-block-uagb-countdown__label\">MINUTES<\/div><\/div><div class=\"wp-block-uagb-countdown__box wp-block-uagb-countdown__box-seconds\"><div class=\"wp-block-uagb-countdown__time wp-block-uagb-countdown__time-seconds\">-<\/div><div class=\"wp-block-uagb-countdown__label\">SECONDS<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-marketing-button uagb-marketing-btn__align-center uagb-marketing-btn__align-text-center uagb-marketing-btn__icon-after uagb-block-5217ab29 wp-block-button\"><a href=\"https:\/\/lakshmishree.com\/ipo\/\" class=\"uagb-marketing-btn__link wp-block-button__link\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"uagb-marketing-btn__title\">APPLY NOW<\/span><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 512 512\"><path d=\"M384 320c-17.67 0-32 14.33-32 32v96H64V160h96c17.67 0 32-14.32 32-32s-14.33-32-32-32L64 96c-35.35 0-64 28.65-64 64V448c0 35.34 28.65 64 64 64h288c35.35 0 64-28.66 64-64v-96C416 334.3 401.7 320 384 320zM488 0H352c-12.94 0-24.62 7.797-29.56 19.75c-4.969 11.97-2.219 25.72 6.938 34.88L370.8 96L169.4 297.4c-12.5 12.5-12.5 32.75 0 45.25C175.6 348.9 183.8 352 192 352s16.38-3.125 22.62-9.375L416 141.3l41.38 41.38c9.156 9.141 22.88 11.84 34.88 6.938C504.2 184.6 512 172.9 512 160V24C512 10.74 501.3 0 488 0z\"><\/path><\/svg><p class=\"uagb-marketing-btn__prefix\">Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Vibhor Steel Tubes IPO Specifics:<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>February 13, 2024 to February 15, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Tuesday, February 20, 2024<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b910 per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9141 to \u20b9151 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>99 shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>[.] shares<br>(aggregating up to \u20b972.17 Cr)<\/td><\/tr><tr><td>Fresh Issue<\/td><td>[.] shares<br>(aggregating up to \u20b972.17 Cr)<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share holding pre issue<\/td><td>14,183,000<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Vibhor Steel Tubes IPO Lot Size<\/h2>\n\n\n\n<p>Investors have the option to bid for a minimum of 99 shares, with the opportunity to increase their bids in multiples of 99. The table below outlines the minimum and maximum investment limits for retail investors and high-net-worth individuals (HNI) in both shares and corresponding amounts.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>99<\/td><td>\u20b914,949<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>1287<\/td><td>\u20b9194,337<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>1386<\/td><td>\u20b9209,286<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>66<\/td><td>6534<\/td><td>\u20b9986,634<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>67<\/td><td>6633<\/td><td>\u20b91,001,583<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Vibhor Steel Tubes IPO Reservation<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Net Issue<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 35% of the Net Issue<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Vibhor Steel Tubes IPO Timetable (Important Dates)<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Tuesday, February 13, 2024<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Thursday, February 15, 2024<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Friday, February 16, 2024<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Monday, February 19, 2024<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Monday, February 19, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Tuesday, February 20, 2024<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on February 15, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-uagb-advanced-heading uagb-block-b994fb1e\"><h2 class=\"uagb-heading-text\">Don't Miss Out!<\/h2><div class=\"uagb-separator\"><\/div><p class=\"uagb-desc-text\">Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 is-style-fill\"><a class=\"wp-block-button__link has-vivid-red-background-color has-background has-text-align-center wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" target=\"_blank\" rel=\"noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Vibhor Steel Tubes Limited IPO Financial Information<\/h2>\n\n\n\n<p>Vibhor Steel Tubes Limited witnessed a robust financial performance, with a notable 36.15% increase in revenue and a substantial 85.91% rise in profit after tax (PAT) during the financial year ending on March 31, 2023, as compared to the corresponding period ending on March 31, 2022. <\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2021<\/th><th>31 Mar 2022<\/th><th>31 Mar 2023<\/th><th>30 Sep 2023<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>172.93<\/td><td>248.54<\/td><td>293.63<\/td><td>376.48<\/td><\/tr><tr><td>Revenue<\/td><td>511.51<\/td><td>818.48<\/td><td>1114.38<\/td><td>531.24<\/td><\/tr><tr><td>Profit After Tax<\/td><td>0.69<\/td><td>11.33<\/td><td>21.07<\/td><td>8.52<\/td><\/tr><tr><td>Net Worth<\/td><td>60.49<\/td><td>71.97<\/td><td>93.20<\/td><td>101.76<\/td><\/tr><tr><td>Total Borrowing<\/td><td>58.74<\/td><td>106.07<\/td><td>126.83<\/td><td>160.27<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator - Vibhor Steel Tubes IPO<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>P\/E (x)<\/td><td>10.17<\/td><\/tr><tr><td>EPS (Rs)<\/td><td>14.85<\/td><\/tr><tr><td>ROE<\/td><td>25.51%<\/td><\/tr><tr><td>ROCE<\/td><td>16.48%<\/td><\/tr><tr><td>Debt\/ Equity<\/td><td>1.63<\/td><\/tr><tr><td>RoNW<\/td><td>22.60%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>The funds generated from the Issue, excluding associated expenses, are intended to be utilized as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Meeting the working capital needs of the company.<\/li>\n\n\n\n<li>Addressing general corporate purposes.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/oct-2023\/vibhor-steel-tubes-limited-drhp_77547.html\" target=\"_blank\" rel=\"noopener\">Vibhor Steel Tubes DRHP<\/a> and <a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/feb-2024\/vibhor-steel-tubes-limited-rhp_81174.html\" target=\"_blank\" rel=\"noopener\">Vibhor Steel Tubes RHP<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Frequently Asked Questions<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-uagb-separator uagb-block-e0c8c4f4\"><div class=\"wp-block-uagb-separator__inner\" style=\"--my-background-image:\"><\/div><\/div>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1693390748634\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>An IPO, or Initial Public Offering, is the process by which a private company offers its shares to the public for the first time to raise capital.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390791940\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Why do companies go public with an IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Companies go public to raise capital for expansion, reduce debt, or for other corporate purposes. It also provides liquidity to existing shareholders.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390691805\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is the price range for the \"Vibhor Steel Tubes Limited\" IPO?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The price range for the\"Vibhor Steel Tubes Limited\" IPO is \u20b9141 to \u20b9151 per share.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390728061\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">When will the \"Vibhor Steel Tubes Limited\" IPO be listed on the stock exchange?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The \"Vibhor Steel Tubes Limited\" IPO is expected to be listed on Tuesday, 20 February 2024.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390318021\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How to apply for an IPO with Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>To apply for an IPO with Lakshmishree:<br \/>Go to www.lakshmishree.com\/ipo<br \/>Select the desired IPO and fill in the required details.<br \/>Confirm your application and make the payment.<br \/>Once applied, you can track the status of your application on the platform or get in your registered Email ID.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1693390631857\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How can I check the subscription status of an IPO on Lakshmishree?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Log in to your Lakshmishree account and navigate to the 'IPO' section. Here, you can view live updates on the subscription status of ongoing IPOs.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Vibhor Steel Tubes IPO Price: \u20b9141 to \u20b9151IPO Date Range: Feb 13, 2024 - Feb 15, 2024 Foundation &amp; Business Essence Established in 2003, Vibhor Steel Tubes Limited is a notable manufacturer, exporter, and supplier of steel pipes and tubes serving heavy engineering industries in India. The company operates from manufacturing facilities in Raigad, Maharashtra, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5701,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[336],"tags":[],"class_list":["post-5691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/comments?post=5691"}],"version-history":[{"count":5,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5691\/revisions"}],"predecessor-version":[{"id":5703,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/posts\/5691\/revisions\/5703"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media\/5701"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/media?parent=5691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/categories?post=5691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/blog\/wp-json\/wp\/v2\/tags?post=5691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}