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Venus Pipes & Tubes Ltd
Registered Office:
Survey No 233/2 and 234/1,Dhaneti Bhuj, Kachchh. - 370201, Gujarat, India.
Website :
Initial public offering of up to 5,074,100 equity shares of face value of Rs. 10 each ("Equity Shares") of Venus Pipes & Tubes Limited ("Company" or the "Issuer") for cash at a price of Rs. 326/- per equity share (including a share premium of Rs. 316/- per equity share (the "Issue Price") aggregating up to Rs. 165.42* crores (the "Issue"). The face value of the equity share is Rs. 10. The issue price is 32.6 times the face value of the equity shares. The issue will constitute 25% of the post issue paid up equity share capital of the company. *Subject of finalisation of basis of allotment
Opens On Closes On
11-May-22 13-May-22
Money Payable On
Application Allotment
326.00 0.00
Minimum Application for shares in Nos : 46  Further Multiples of : 46
()(Cr.) Lead Managers to the Issue
Project Cost () 147.89 SMC Capitals Ltd
Project Financed through Current Offer () 165.42  
Post Issue Equity Share Capital () 20.30  
Issue Price () 326.00  
Financing the Project Cost Towards Capacity Expansion & Backward Integration for Manufacturing of Hollow Pipes
To Meet The Long Term Working Capital Requirements
General Corporate Purposes
Promoted By
Megharam Sagramji Choudhary
Jayantiram Motiram Choudhary
Dhruv Mahendrakumar Patel
Listing At
Registrar to the Issue