HariOm Pipe Industries IPO date is set for 30 March 2022. The IPO price is set at INR144 – 153 per share. The IPO comprises of fresh shares of 85,00,000 shares. Accordingly, there is no OFS by existing shareholders.
Hariom Pipe Industries Limited began as ‘Hari Om Concast and Steels Private Limited’ on June 21, 2007, with the goal of providing high-quality steel products that meet or exceed client expectations. In the market for iron and steel products, as well as mild steel tubes, we have effectively developed our brand (especially in Southern India). M.S. Billets, HR. Skelps, MS pipes in Square, Rectangular, Round, D-Shape pipes, and Scaffolding Systems are among the items available from the company.
Hariom Pipes is a renowned participant in the business, with five decades of experience in the field of manufacturing high-grade quality products such as MS Billets, MS Strips, MS Pipes, and Scaffolding Systems. It’s a fully integrated micro steel plant with automated machinery that produces high-quality steel.
The company manufacturing facility has an existing capacity of 28,000 MT of Induction Furnace, 18,000 MT of Rolling mill, 20,000 MT of a piping mill and 500 MT
HariOm Pipe industries IPO Date, Size & Price Band
| HariOm Pipe IPO Date | 30 March – 5 April 2022 |
| IPO Price Band | INR144 – 153 per share |
| Fresh issue | 85,00,000 shares (INR122.4 – 130.05 crore) |
| Offer For Sale | Nil |
| Total IPO size | 85,00,000 shares (INR122.4 – 130.05 crore) |
| Minimum bid (lot size) | 98 shares (INR14,112 – 14,994) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Competitive Advantages:
1-The nature of our business is integrated.
2-The production technique is environmentally friendly.
3-Manufacturing Units are strategically located.
4-We have a cost edge when it comes to manufacturing our products.
5-Our items are offered at a reasonable price.
6-Team with a lot of experience and qualifications.
HariOm Pipe industries Financial Performance
| FY2019 | FY2020 | FY2021 | H1 FY2022 | |
| Revenue | 133.9 | 161.1 | 254.8 | 211.2 |
| Expenses | 122.3 | 149.8 | 233.6 | 183.5 |
| Net income | 8.0 | 7.9 | 15.1 | 12.9 |
| Net margin (%) | 6.0 | 4.9 | 5.9 | 6.1 |
HariOm Pipe industries IPO Timetable
| IPO Opening Date | 30 March 2022 |
| IPO Closing Date | 5 April 2022 |
| Finalisation of Basis of Allotment | 8 April 2022 |
| Initiation of refunds | 11 April 2022 |
| Transfer of shares to demat accounts | 12 April 2022 |
| Listing Date | 13 April 2022 |
Hariom Pipe Industries IPO Lot Size
The Hariom Pipe Industries IPO market lot size is 98 shares. A retail-individual investor can apply for up to 13 lots (1274 shares or ₹194,922).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 98 | ₹14,994 |
| Maximum | 13 | 1274 | ₹194,922 |
Company Promoters:
Rupesh Kumar Gupta and Sailesh Gupta are the company promoters
Objective of Hariom Pipe Industries IPO
The Company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Funding capital expenditure requirements.
- Funding the working capital requirements of our Company.
- General corporate purposes.
HariOm Pipe Industries Valuations & Margins
| FY2019 | FY2020 | FY2021 | |
| EPS | 7.34 | 5.93 | 9.80 |
| PE ratio | NA | NA | 14.69 – 15.61 |
| RONW (%) | 22.22 | 16.37 | 21.38 |
| ROCE (%) | 22.44 | 24.77 | 27.41 |
| EBITDA (%) | 12.95 | 14.81 | 13.72 |
| Debt/Equity | 1.55 | 1.41 | 1.13 |
| NAV | (242.50) | 36.50 | 49.79 |
HariOm Pipe industries IPO Offer Registrar
Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059, Maharashtra
Phone: +91 22 6263 8200
Fax. No.: +91 22 6263 8280
Email: [email protected]
Website: www.bigshareonline.com
HariOm Pipe industries Contact Details
HariOm Pipe Industries Limited
Plot 3-4-174/12/2, 2nd Floor,
Samarpan Lane, Besides Spencer’s,
Pillar No. 125,
Attapur, Hyderabad – 500 048
Tel: +91 40 2401 6101
E-mail: [email protected]
Website: www.hariompipes.com
How do I apply for the Hari Om Pipe Industries IPO Initial Public Offering (IPO)?
You can apply HariOm Pipe industries IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Open your Demat account with Below Brokers
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