Vibhor Steel Tubes Limited

Company Profile
Company Name Vibhor Steel Tubes Limited
Open Date 13-02-2024
Close Date 15-02-2024
Exchange BSE, NSE
Lot Size 99 Shares
Issue Price ₹141 to ₹151 per share
Issue Size 47,79,444 shares
Application Amount Min. Inv. - ₹ 14,949 (99 shares) Max. Inv. – ₹ 1,94,337 (1287 shares)
Recommendation Apply

Vibhor Steel Tubes Limited was originally incorporated in the year 2003 and has its registered office in Hisar, Haryana, India.The company manufacturers and exporters of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils.The company 2 decades old manufacturer, exporter and supplier of steel pipes and tubes to various heavy engineering industries in India.As of January 24, 2024, the Company had 640 permanent employees on its payroll.

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Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Sept-23
Total Assets 172.93 248.54 293.63 376.48
Net Assets 60.49 71.97 93.20 101.76
Total Borrowings 74.22 127.05 152.38 186.68
Total Revenue 511.51 818.48 1,114.38 531.24
Profit After Tax 0.69 11.33 21.07 8.52

Tentative Timeline

Opening Date 13/02/2024
Closing Date 15-02-2024
Basis of Allotment 16-02-2024
Initiation of Refunds 19-02-2024
Credit of Shares to Demat 19-02-2024
Listing Date 20-02-2024

Objects of the Issue

Funding of working capital requirements of the Company.
General corporate purposes.

Contact Information

Registered Office Vibhor Steel Tubes Limited Plot No. 2, Industrial Development Colony, Delhi Road, Hisar -125005
Phone +91 7030322880
Email cs@vstlindia.com
Website http://www.vstlindia.com/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email vibhor.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

QIB 950,064 (19.88%)
NII 712,491 (14.91%)
RII 1,662,479 (34.78%)
Anchor investors 1,424,907 (29.81%)

Shareholding Pattern

Share Holding Pre Issue (Promoters) 98.24%
Share Holding Post Issue (Promoters) 73.48%

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