IPO

IPO Synopsis
Hariom Pipe Industries Ltd
Registered Office: Plot 3-4-174/12/2 1st Floor,Samarpan Lane No. 125 Attapur , Hyderabad - 500048 , Telangana , India.
Phone : 91-40-24016101   Fax:
Email :  cs@hariompipes.com  
Website :  www.hariompipes.com
Initial public issue of up to 85,00,000 equity shares of face value of Rs. 10.00 each of Hariom Pipe Industries Limited ("The Company" or "The "Issuer") for cash at a price of Rs. 153 per equity share (including a share premium of Rs. 143 per equity share) ("Issue Price") aggregating up to Rs. 130.05* crores ("The Issue"). The issue will constitute 33.36% of the post issue paid up equity share capital of the company. *Subject of finalisation of basis of allotment The face value of equity shares is Rs. 10 each. The price band is Rs. 153 per equity share of face value of Rs. 10.00 each. The floor price is 15.3 times of the face value of equity shares. Bids can be made for a minimum of 98 equity shares and in multiples of 98 of equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Mar-22 05-Apr-22 Rs153.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :98  Further Multiples of :98

  Rs Cr Lead Managers to the Issue
Project Cost 120.40
ITI Capital Limited
Project Financed through Current Offer 130.05  
Post Issue Equity Share Capital 25.48  
Issue Price Rs153.00  
 
Projects
Funding Capital Expenditure RequirementsGeneral Corporate purpose
Funding the working capital requirements of the company
Promoted By
Rupesh Kumar Gupta
Sailesh Gupta
Rupesh Kumar Gupta
Sailesh Gupta
Listing At
BSE 
NSE 
Registrar to the Issue
Bigshare Services Pvt Ltd  
Bigshare Services Pvt Ltd