Venus Pipes and Tubes Limited IPO

Venus Pipes & Tubes Ltdis a Gujarat based manufacturer and exporter of stainless steel pipes and tubes. Some of the major industry groups that Venus caters to include chemicals, pharma, food processing and engineering goods. The global stainless pipes and tubes industry is worth over $32 billion so it is a huge market opportunity.

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Date11May2022 - 13May2022
Price Range (₹)310 – 326
Minimum Order Quantity46
(D)RHPView

The domestic gap is also huge with India per capita consumption of stainless steel pipes and tubes at 9kg compared to 22kg global average and nearly 45kg for China. Read more

Check out some recent financials figures of the company:

Financial Year Ended Revenue (₹ Millions) Profit After Tax (₹ Millions) EPS (₹)
March 2019 120.51  3.75 2.86 
March 2020 179.32  4.13 3.15 
March 2021 312.03  23.63 18.04 

How do I apply for the Venus Pipes and Tubes Limited IPO?

You can apply for the Venus Pipes and Tubes Limited IPO using any supported UPI app by following two steps:

  • Enter your bid on rocket
  • Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.

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