OUR BUSINESS
Vibhor Steel Tubes was originally incorporated as ‘Vibhor Steel Tubes Private Limited’ a private limited company under the Companies Act, 1956, under a certificate of incorporation dated April 16, 2003, issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana.
Vibhor Steel Tubes was converted from a private to a public company, under a special resolution passed by the shareholders of Vibhor Steel Tubes Company on June 14, 2023, and a fresh certificate of incorporation consequent to the change of name was issued by the Registrar of Companies, Delhi (“RoC”) on July 07, 2023. Vibhor Steel Tubes Limited is a manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. We are a 2 decades old manufacturer, exporter, and supplier of steel pipes and tubes to various heavy engineering industries in India.
Steel pipes and tubes can be used for many purposes such as steel pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes, etc. Vibhor Steel Tubes have a very wide range of steel pipes and tube products. The lengths of the steel pipes & tubes in different ranges unless otherwise specified by the customers. We manufacture steel pipes and tubes in various shapes and sizes such as square, round, rectangular, and elliptical or any special shape.
VIBHOR STEEL TUBES LIMITED IPO DATE & PRICE BAND DETAILS
IPO Open Date February 13, 2024 IPO Close Date February 15, 2024 IPO Size Approx ₹72 Crores IPO Face Value ₹10 Per Equity Share IPO Price Band ₹141 to ₹151 Per Every Share IPO Listing On NSE and BSE IPO Retail Quota 35% IPO QIB Quota 50% IPO NII Quota 15% IPO Discount N/A DRHP Draft Click here RHP Draft Click here Anchor Investor Click here
VIBHOR STEEL TUBES LIMITED IPO MARKET LOT DETAILS
Application Lot Size Shares Amount Retail Minimum 1 99 ₹14,949 Retail Maximum 13 1287 ₹194,337 S-HNI Minimum 14 1,386 ₹2,09,286 B-HNI Minimum 67 6,633 ₹1,001,583
OBJECTS OF THE OFFER
- Funding of working capital requirements of our Company.
- General corporate purposes.
VIBHOR STEEL TUBES LIMITED IPO ALLOTMENT & LISTING DATE (DETAILS)
Feb 12, 2024 IPO Open Date Feb 13, 2024 IPO Close Date Feb 15, 2024 Basis of Allotment Feb 16, 2024 Refunds Feb 19, 2024 Credit to Demat Account Feb 19, 2024 IPO Listing Date Feb 20, 2024
VIBHOR STEEL TUBES LIMITED FINANCIAL REPORT
₹ in Crores Year Revenue Expense PAT 2023 ₹1114.38 ₹1086.15 ₹21.07 2022 ₹818.48 ₹803.12 ₹11.33 2021 ₹511.51 ₹507.35 ₹0.69
OUR PROMOTERS
- Mr. Vijay Kaushik
- Mr. Vibhor Kaushik
- Mrs. Vijay Laxmi Kaushik
QUALITATIVE FACTOR
Some of the qualitative factors and our strengths that form the basis for the Issue Price are:
- In-house designing, engineering, and execution team.
- Strategic Location of Manufacturing Units.
- Strong execution capabilities with industry experience and an established track record.
- Experienced Promoters and Management Team.
- Specialized production of Stainless-Steel Pipes and Tubes.
- •Good track record for the last 3 years.
Basic & Diluted Earnings Per Equity Share (“EPS”)
Financial Year Ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight March 31, 2023 14.85 14.85 3 March 31, 2022 7.99 7.99 2 March 31, 2021 0.49 0.49 1 Weighted Average 10.17 10.17
VIBHOR STEEL TUBES LIMITED COMPANY CONTACT DETAILS
Plot No. 2, Industrial Development Colony,
Delhi Road,
Hisar,Haryana-125005, India.
Tel. No.:7030322880
E-mail:cs@vstlindia.com
Website: www.vstlindia.com
VIBHOR STEEL TUBES LIMITED IPO REGISTAR
KFin Technologies Limited
Selenium, Tower B, Plot No –31 and 32
Gachibowli, Financial District
Nanakramguda, Serilingampally
Hyderabad, 500 032
Telangana, India
Telephone: + 91 40 6716 2222/ 18003094001
Email: epack.ipo@kfintech.com
Investor grievance email: einward.ris@kfintech.com
Website: www.kfintech.com
Contact Person: M Murali Krishna
