{"id":15753,"date":"2022-05-07T15:26:51","date_gmt":"2022-05-07T09:56:51","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=15753"},"modified":"2022-05-16T10:23:42","modified_gmt":"2022-05-16T04:53:42","slug":"venus-pipes-tubes-limited-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/venus-pipes-tubes-limited-ipo\/","title":{"rendered":"Venus Pipes &#038; Tubes Limited IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"15753\" class=\"elementor elementor-15753\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-674c3a9b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"674c3a9b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2e8a341\" data-id=\"2e8a341\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6ebf4b53 elementor-widget elementor-widget-text-editor\" data-id=\"6ebf4b53\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Venus Pipes &amp; Tubes Limited is planning to raise Rs 165.42 crore through initial public offering (IPO). The IPO will open for subscription on May 11 and end on May 13, 2022. The price band is fixed at Rs 310 to Rs 326 per equity share.\u00a0<\/p><p>The IPO comprises of only fresh issue of shares and the face value each equity share is Rs 10. The issue size is 50.74 lakh equity shares.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-222b1959 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"222b1959\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-66b646a4\" data-id=\"66b646a4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-676c51db elementor-widget elementor-widget-heading\" data-id=\"676c51db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Summary<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1c390f50 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1c390f50\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-de8f3bc\" data-id=\"de8f3bc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-39027527 elementor-widget elementor-widget-text-editor\" data-id=\"39027527\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Venus Pipes &amp; Tubes Limited is a growing stainless-steel pipes and tubes manufacturer and exporter in India. The company has over six years of experience in manufacturing of stainless-steel tubular products in two broad categories namely seamless tubes\/pipes and welded tubes\/pipes.<\/p><p>The company has one manufacturing plant which is located at Bhuj-Bhachau highway, Dhaneti (Kutch, Gujarat) with an installed capacity of 10,800 MT per annum as of end of February 2022. The company has an additional warehouse facility located at Ahmedabad.\u00a0<\/p><p>The company plans to tap new geographies and increase their export share as they have appointed sole distributors in Italy and Kuwait as well as a marketing representative for servicing the European market, in addition to selling their products through stockists\/traders.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3138df56 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3138df56\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7c4627a3\" data-id=\"7c4627a3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-353338f6 elementor-widget elementor-widget-heading\" data-id=\"353338f6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Strengths<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5345b19 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5345b19\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7d7ffa0\" data-id=\"7d7ffa0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ab92870 elementor-widget elementor-widget-text-editor\" data-id=\"ab92870\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Venus Pipes is a well-established brand in stainless steel pipes\/tubes having presence in both seamless pipes and welded pipes\/tubes segments, which has received international accreditations and quality benchmarking certifications.<\/li><li>High demand for their products helped by new projects, repair and maintenance as well as replacement needs resulting in strong order book on a year-on-year basis.<\/li><li>The company\u2019s clientele is diversified across various India states and Venus exports their products to 20 different countries.<\/li><li>The company is managed by well-experienced promoters and senior management team.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-798ddff elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"798ddff\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6b467a1c\" data-id=\"6b467a1c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-683d314 elementor-widget elementor-widget-heading\" data-id=\"683d314\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Financials<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-37310a15 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"37310a15\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-194faf08\" data-id=\"194faf08\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-40ed60cc elementor-widget elementor-widget-text-editor\" data-id=\"40ed60cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong><b>Particulars<\/b><\/strong><\/p><\/td><td><p style=\"text-align: right;\"><strong><b>9MFY22<\/b><\/strong><\/p><\/td><td style=\"text-align: right;\"><p><strong><b>FY21<\/b><\/strong><\/p><\/td><td style=\"text-align: right;\"><p><strong><b>FY20<\/b><\/strong><\/p><\/td><td><p style=\"text-align: right;\"><strong><b>FY19<\/b><\/strong><\/p><\/td><\/tr><tr><td><p><strong><b>Total Assets<\/b><\/strong><\/p><\/td><td><p style=\"text-align: right;\">2,462.76<\/p><\/td><td style=\"text-align: right;\"><p>1,375.39<\/p><\/td><td style=\"text-align: right;\"><p>1,071.91<\/p><\/td><td><p style=\"text-align: right;\">791.23<\/p><\/td><\/tr><tr><td><p><strong><b>Total Revenue<\/b><\/strong><\/p><\/td><td><p style=\"text-align: right;\">2,782.80<\/p><\/td><td style=\"text-align: right;\"><p>3,120.31<\/p><\/td><td style=\"text-align: right;\"><p>1,793.22<\/p><\/td><td><p style=\"text-align: right;\">1,205.06<\/p><\/td><\/tr><tr><td><p><strong><b>Profit After Tax<\/b><\/strong><\/p><\/td><td><p style=\"text-align: right;\">235.95<\/p><\/td><td style=\"text-align: right;\"><p>236.32<\/p><\/td><td style=\"text-align: right;\"><p>41.28<\/p><\/td><td><p style=\"text-align: right;\">37.5<\/p><\/td><\/tr><\/tbody><\/table><p><em>*All numbers are Rs in million<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4fa571f6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4fa571f6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-509dfcad\" data-id=\"509dfcad\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4a1879d7 elementor-widget elementor-widget-heading\" data-id=\"4a1879d7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Purpose of the IPO<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6bc81d9c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6bc81d9c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2bc6fb48\" data-id=\"2bc6fb48\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3401514a elementor-widget elementor-widget-text-editor\" data-id=\"3401514a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The company proposes to utilize the net proceeds from the IPO for the following purposes,<\/p><ul><li>Financing the project cost towards capacity expansion, technological upgradation, backward integration for manufacturing of hollow pipes, etc. aggregating to Rs 107.95 crore.<\/li><li>To meet long-term working capital requirements totalling Rs 25 crore.<\/li><li>General corporate purposes.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-48aebe3d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"48aebe3d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2d656ad5\" data-id=\"2d656ad5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-60a9d1f0 elementor-widget elementor-widget-heading\" data-id=\"60a9d1f0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Company Promoters<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2d526714 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2d526714\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-61dc4ed3\" data-id=\"61dc4ed3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6ef3c08c elementor-widget elementor-widget-text-editor\" data-id=\"6ef3c08c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Megharam Sagramji Choudhary, Jayantiram Motiram Choudhary, Dhruv Mahendrakumar Patel and Arun Axaykumar Kothari are the promoters of the company.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-64e0422c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"64e0422c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-738e91ea\" data-id=\"738e91ea\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-331db4fa elementor-widget elementor-widget-heading\" data-id=\"331db4fa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>IPO Details<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b6a44a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2b6a44a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6d22d59\" data-id=\"6d22d59\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d90a353 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"d90a353\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong>IPO Opening Date<\/strong><\/p><\/td><td><p>11-May-22<\/p><\/td><\/tr><tr><td><p><strong>IPO Closing Date<\/strong><\/p><\/td><td><p>13-May-22<\/p><\/td><\/tr><tr><td><p><strong>Face Value<\/strong><\/p><\/td><td><p>Rs 10 per equity share<\/p><\/td><\/tr><tr><td><p><strong>Issue Price (Price band)<\/strong><\/p><\/td><td><p>Rs 310 to Rs 326 per share<\/p><\/td><\/tr><tr><td><p><strong>Lot Size<\/strong><\/p><\/td><td><p>46 Shares<\/p><\/td><\/tr><tr><td><p><strong>Issue Size<\/strong><\/p><\/td><td><p>5,074,100 shares aggregating up to Rs 165.42 cr<\/p><\/td><\/tr><tr><td><p><strong>Fresh Issue<\/strong><\/p><\/td><td><p>5,074,100 shares aggregating up to Rs 165.42 cr<\/p><\/td><\/tr><tr><td><p><strong>Issue Type<\/strong><\/p><\/td><td><p>Book Built Issue IPO<\/p><\/td><\/tr><tr><td><p><strong>Listing At<\/strong><\/p><\/td><td><p>BSE, NSE<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-61458a0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"61458a0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-16c494db\" data-id=\"16c494db\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6db46bf7 elementor-widget elementor-widget-heading\" data-id=\"6db46bf7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IPO Lot Size <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-43ba8ef4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"43ba8ef4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1f97b7e5\" data-id=\"1f97b7e5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6f8ef486 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"6f8ef486\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong>Application<\/strong><\/p><\/td><td><p><strong>Lots<\/strong><\/p><\/td><td><p><strong>Shares<\/strong><\/p><\/td><td><p><strong>Amount<\/strong><\/p><\/td><\/tr><tr><td><p><strong>Minimum<\/strong><\/p><\/td><td><p>1<\/p><\/td><td><p>46<\/p><\/td><td><p>Rs 14,996<\/p><\/td><\/tr><tr><td><p><strong>Maximum<\/strong><\/p><\/td><td><p>13<\/p><\/td><td><p>598<\/p><\/td><td><p>Rs 194,948<\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5999781 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5999781\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0fbae3d\" data-id=\"0fbae3d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-104b8a8 elementor-widget elementor-widget-heading\" data-id=\"104b8a8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">IPO Allotment and Listing Details<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-17a689d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"17a689d\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-51f4c22\" data-id=\"51f4c22\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-906971a elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"906971a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><strong><b>Event<\/b><\/strong><\/p><\/td><td><p><strong><b>Date<\/b><\/strong><\/p><\/td><\/tr><tr><td><p><strong>Shares Allotment Date<\/strong><\/p><\/td><td><p>19-May-22<\/p><\/td><\/tr><tr><td><p><strong>Initiation of Refunds<\/strong><\/p><\/td><td><p>20-May-22<\/p><\/td><\/tr><tr><td><p><strong>Credit of Shares to Demat<\/strong><\/p><\/td><td><p>23-May-22<\/p><\/td><\/tr><tr><td><p><strong>Venus Pipes &amp; Tubes IPO Listing Date<\/strong><\/p><\/td><td><p>24-May-22<\/p><\/td><\/tr><\/tbody><\/table><p>You can check your allotment in\u00a0<a href=\"https:\/\/www.bseindia.com\/investors\/appli_check.aspx\"><strong>BSE<\/strong><\/a>\u00a0or\u00a0<a href=\"https:\/\/risop.kfintech.com\/ipostatus\/ipos.aspx\"><strong>KFin Technologies<\/strong><\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-68337173 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"68337173\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-70c9749f\" data-id=\"70c9749f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-451baf56 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"451baf56\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/ipo.ftconline.in:8084\/IPOWEB\/Index\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply for the IPO<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Venus Pipes &amp; Tubes Limited is planning to raise Rs 165.42 crore through initial public offering (IPO). The&hellip;","protected":false},"author":5,"featured_media":15779,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[46,43,78,26,77,24,23],"class_list":{"0":"post-15753","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"tag-market-news","9":"tag-market-update","10":"tag-nifty","11":"tag-nse","12":"tag-sensex","13":"tag-share-market","14":"tag-stock-market","15":"cs-entry","16":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Venus Pipes &amp; Tubes Limited IPO - Flattrade Kosh<\/title>\n<meta name=\"description\" content=\"Venus Pipes &amp; Tubes Limited is planning to raise Rs 165.42 crore through initial public offering (IPO). 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