Closed
Venus Pipes and Tubes Limited logo

Venus Pipes and Tubes Limited IPO

Mainboard IPOListedVENUSPIPESNSE
Current Market Price (CMP)
₹1,712.10(+425.18%)
Current Price (CMP)
₹1,712.10(+425.18%)

Live Market Quote

Listing Price & Gain
₹337.50(+3.53%)

Day 1 Exchange Open

IPO Issue Price
₹326

Band: ₹310 - ₹326

Total Subscription
16.31x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
11 May 2022
IPO Bidding Closes
13 May 2022
Allotment & Refunds
Completed
Exchange Listing Day
24 May 2022

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 16.31x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)12.02x
Non-Institutional Investors (NII / HNI)15.69x
Retail Individual Investors (RII)19.04x
Total Subscription16.31x
Updated as on 13-May-2022 17:00:00

Listing Day & Return Performance

Listing Day Gain+3.53%
₹326 (Issue) → ₹337.50 (List)
Per share profit: +₹11.50
Holding Return (Till Date)+425.18%
₹326 (Issue) → ₹1,712.10 (CMP)
Net gain per share: +₹1386.10
Post-Listing Performance (Listing Day → Today):+407.29%

About Venus Pipes and Tubes Limited IPO

Venus Pipes and Tubes Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 11 May 2022 and concluded on 13 May 2022, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹310 - ₹326.

During the bidding window, Venus Pipes and Tubes Limited witnessed heavy demand with an overall subscription of 16.31 times. Institutional investors (QIB) subscribed 12.02x, non-institutional high-net-worth investors (NII) subscribed 15.69x, and retail individual investors (RII) bid 19.04x their reserved quota.

The equity shares of Venus Pipes and Tubes Limited officially debuted on the stock exchanges on 24 May 2022 at an opening listing price of ₹337.50, delivering a listing day return of +3.53% (premium) over the final issue price. As per the latest market data, the stock trades at ₹1,712.10, representing an overall gain of +425.18% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Venus Pipes and Tubes Limited IPO?
The issue price of Venus Pipes and Tubes Limited IPO was fixed at ₹326 per equity share. The indicative bidding price band was ₹310 - ₹326.
What were the open, close, and listing dates for Venus Pipes and Tubes Limited IPO?
Venus Pipes and Tubes Limited IPO opened on 11 May 2022, closed on 13 May 2022, listed on 24 May 2022.
How much was Venus Pipes and Tubes Limited IPO subscribed?
The IPO received an overall subscription of 16.31 times. Category-wise, QIBs subscribed 12.02x, NIIs subscribed 15.69x, and Retail investors subscribed 19.04x.
What was the listing price and listing gain of Venus Pipes and Tubes Limited IPO?
Venus Pipes and Tubes Limited IPO listed on the stock exchange at ₹337.50, delivering a listing gain of 3.53% compared to the IPO issue price of ₹326.
Is Venus Pipes and Tubes Limited IPO a Mainboard or SME IPO?
Venus Pipes and Tubes Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Venus Pipes and Tubes Limited IPO since its IPO?
At the latest market quote of ₹1,712.10, Venus Pipes and Tubes Limited IPO has generated an all-time return of +425.18% since its initial public offering.

Related Mainboard IPOs (2022)