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Open
30 Mar to 5 Apr, 2022
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Close
30 Mar to 5 Apr, 2022
3
Allotment
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Listing
Wed, Apr 13, 2022
Price Band
₹144 to ₹153
Issue Size
85,00,000 shares (agg. up to ₹130 Cr)
Lot Size
98 Shares
Listing Date
Wed, Apr 13, 2022
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 5.37x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2021 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|---|
| Assets | 205.32 | 173.74 | 139.68 | 103.35 |
| Total Income | 309.07 | 254.82 | 161.15 | 133.92 |
| Profit After Tax | 22.19 | 15.13 | 7.91 | 8.02 |
| EBITDA | 41.64 | 34.97 | 23.86 | 17.35 |
| NET Worth | 93.05 | 70.79 | 48.30 | 36.09 |
| Reserves and Surplus | 76.07 | 53.83 | 35.07 | 22.86 |
| Total Borrowing | 89.01 | 80.17 | 68.17 | 55.82 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Shyam Metalics & Energy Ltd. | Mainboard | ₹908.80 Cr | ₹306 | null | ₹376.15 | +22.92% | ₹1,022.50 (-1.75%) |
| Adishakti Loha & Ispat Ltd. | SME | ₹2.00 Cr | ₹11 | null | ₹11.40 | +3.64% | ₹13.68 (-1.58%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure requirements | 50.05 |
| 2 | Funding the working capital requirements of the Company | 40.00 |
| 3 | General Corporate Purposes | 30.35 |
| Total | 120.40 |
About Hariom Pipe Industries IPO
Hariom Pipe Industries Limited manufactures iron and steel products including Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. The company sells and markets MS Pipes in the western and southern parts of India under the brand name "Hariom Pipes". As part of the B2B sales, the company sells MS Pipes and Scaffoldings to specific developers and contractors. Hariom Pipe Industries has more than 200 dealers and distributors for selling its products. The company is located in Hyderabad, Telangana. The company operates two plants, one at Mahabubnagar District in Telangana (Unit I) that manufactures finished steel products from iron scrap and sponge iron and the second plant at Anantapur District, Andhra Pradesh (Unit II) that only manufactures Sponge Iron. Hariom Pipe Industries has more than 200 employees, 1400 plus Retailers distribution network, 150 plus manufacturing specifications, and a total of 300832 MT manufacturing capacity. Competitive Strengths: Integrated nature of our operations. Environment-friendly manufacturing process. The strategic location of manufacturing Units. Cost advantage in manufacturing our products. Competitive pricing of our products
Contact Details
Hariom Pipe Industries Ltd. AddressPlot 3-4-174/12/21st Floor, Samarpan Lane, Besides Spencer’sPillar No125, AttapurHyderabad, Telangana, 500048+91 40 2401 6101cs@hariompipes.comVisit Website