Hariom Pipe Industries IPO vs Venus Pipes & Tubes IPO

Comparision between Hariom Pipe Industries IPO and Venus Pipes & Tubes IPO.

IPO Details

Hariom Pipe Industries IPO is a Mainline Book Built Issue IPO proposed to list at BSE, NSE while Venus Pipes & Tubes IPO is a Mainline Book Built Issue proposed to list at BSE, NSE.

	Hariom Pipe Industries IPO	Venus Pipes & Tubes IPO
Logo
Issue Category	Mainline	Mainline
Issue Type	IPO	IPO
Process Type	Book Built Issue	Book Built Issue
Listing At	BSE, NSE	BSE, NSE
Lead Managers	Iti Capital Ltd	Smc Capitals Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Hariom Pipe Industries IPO is up to ₹130.05 Cr whereas the issue size of the Venus Pipes & Tubes IPO is up to ₹165.42 Cr. The final issue price of Hariom Pipe Industries IPO is ₹153.00 per share and of Venus Pipes & Tubes IPO is ₹326.00 per share.

	Hariom Pipe Industries IPO	Venus Pipes & Tubes IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹144.00 per share	₹310.00 per share
Issue Price (Upper)	₹153.00 per share	₹326.00 per share
Issue Price (Final)	₹153.00 per share	₹326.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	98 shares	46 shares
Fresh Issue Size	85,00,000 shares	50,74,100 shares
Fresh Issue Size (Amount)	up to ₹130.05 Cr	up to ₹165.42 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	85,00,000 shares	50,74,100 shares
Issue Size Total (Amount)	up to ₹130.05 Cr	up to ₹165.42 Cr

IPO Timetable

Hariom Pipe Industries IPO opens on Mar 30, 2022, while Venus Pipes & Tubes IPO opens on May 11, 2022. The closing date of Hariom Pipe Industries IPO and Venus Pipes & Tubes IPO is Apr 05, 2022, and May 13, 2022, respectively.

	Hariom Pipe Industries IPO	Venus Pipes & Tubes IPO
Anchor Bid Date
Issue Open	Mar 30, 2022	May 11, 2022
Issue Close	Apr 05, 2022	May 13, 2022
Basis Of Allotment (Tentative)	Apr 08, 2022	May 19, 2022
Initiation of Refunds (Tentative)	Apr 11, 2022	May 20, 2022
Credit of Share (Tentative)	Apr 12, 2022	May 23, 2022
Listing date (Tentative)	Apr 13, 2022	May 24, 2022
Anchor Lockin End date 1	May 08, 2022	Jun 18, 2022
Anchor Lockin End date 2	Jul 07, 2022	Aug 17, 2022

Financials

Hariom Pipe Industries IPO P/E ratio is 15.15, as compared to Venus Pipes & Tubes IPO P/E ratio of 21.03.

Hariom Pipe Industries IPO

Venus Pipes & Tubes IPO

Financial

Summary of financial Information (Restated Consolidated)
Particulars	For the year/period ended (Rs in Lakhs)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	19,881.96	17,374.03	13,967.72	10,335.11
Total Revenue	20,116	25,482.31	16,115.05	13,391.56
Profit After Tax	1,286.90	1,513.20	790.83	802

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs in Million)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Assets	2,462.76	1,375.39	1,071.91	791.23
Total Revenue	2,782.80	3,120.31	1,793.22	1,205.06
Profit After Tax	235.95	236.32	41.28	37.50

Promoter Shareholding (Pre-Issue)

99.10%

64.27%

Promoter Shareholding (Post-Issue)

66%

48.20%

P/E Ratio

15.15

21.03

Market Cap

₹389.79 Cr.

₹661.65 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Hariom Pipe Industries IPO retail investors (RII) are offered 29,75,000 shares while in Venus Pipes & Tubes IPO retail investors are offered 29,75,000 shares. Qualified institutional buyers (QIB) are offered 25,50,000 shares in Hariom Pipe Industries IPO and 10,14,864 shares in Venus Pipes & Tubes IPO.

	Hariom Pipe Industries IPO	Venus Pipes & Tubes IPO
Anchor Investor Reserveration
Market Maker Reserveration
QIB	25,50,000 shares	10,14,864 shares
NII	29,75,000 shares	7,61,115 shares
RII	29,75,000 shares	17,75,935 shares
Employee	0 shares	0 shares
Others
Total	85,00,000 shares	35,51,914 shares

Bids Received (Subscription)

Hariom Pipe Industries IPO subscribed 7.93x in total, whereas Venus Pipes & Tubes IPO subscribed 16.31x.

	Hariom Pipe Industries IPO	Venus Pipes & Tubes IPO
QIB (times)	1.91x	12.02x
NII (times)	8.87x	15.66x
Big NII (times)
Small NII (times)
RII (times)	12.15x	19.04x
Employee (times)
Other (times)
Total (times)	7.93x	16.31x

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