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Hariom Pipe Industries Ltd
Registered Office:
Plot 3-4-174/12/2 1st Floor,Samarpan Lane No. 125 Attapur, Hyderabad - 500048, Telangana, India.
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.
Opens On Closes On
30-Mar-22 05-Apr-22
Money Payable On
Application Allotment
153.00 0.00
Minimum Application for shares in Nos : 98  Further Multiples of : 98
()(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 () 153.00  
Funding Capital Expenditure Requirements
Funding the working capital requirements of the company
General Corporate purpose
Promoted By
Rupesh Kumar Gupta
Sailesh Gupta
Rupesh Kumar Gupta
Sailesh Gupta
Listing At
Registrar to the Issue