Hariom Pipe Industries IPO subscription is to open on 30 March and will close on 05 April 2022, check the Hariom Pipe IPO GMP, Subscription Status & Allotment Status.
- About Hariom Pipe Industries
- Important Details – Hariom Pipe Industries
- Objects of the Issue
- Hariom Pipe Industries Limited Financials:
- Hariom Pipes IPO Price – Details
- Hariom Pipe IPO DRHP & RHP
- Hariom Pipe IPO Lot Size
- Hariom Pipe IPO Lead Managers
- Hariom Pipe IPO Registrar
- Hariom Pipe IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Corporate Office
- Company Registered Office
- Company Promoters
- Hariom Pipe Industries IPO – FAQS
About Hariom Pipe Industries
Hariom is an integrated manufacturer of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. Hariom Pipe Industries use iron ore to produce Sponge Iron which is then processed across various stages to manufacture our final products viz. MS Pipes and Scaffolding making the manufacturing process cost-effective.
Hariom Pipe Industries cater to the southern and western Indian markets for the products. The MS Pipes are marketed and sold in these geographies under the brand name “Hariom Pipes”. Substantial portion of the Sponge Iron, MS Billets and HR Strips produced by the company are used for captive consumption in the manufacturing MS Pipes and Scaffolding.
Hariom Pipe Industries manufacture MS Pipes and Scaffoldings of more than one hundred fifty (150) different specifications and cater, directly and indirectly, to customer requirements in various sectors such as housing, infrastructure, agriculture, automotive, power, cement, mining, solar power and engineering
Important Details – Hariom Pipe Industries
| Date | Details |
|---|---|
| June 21, 2007 | The company was incorporated as Hari Om Concast And Steels Private Limited |
| December 12, 2017 | The name of the company was changed to Hariom Pipe Industries Private Limited |
| January 08, 2018 | Subsequently, the company was converted into to a public limited company and the name of the company was changed to Hariom Pipe Industries Limited |
Objects of the Issue
- Funding capital expenditure requirements;
- Funding the working capital requirements of the Company; and
- General corporate purposes.
Hariom Pipe Industries Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | |||
|---|---|---|---|---|
| 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 income | 20,116.00 | 25,482.31 | 16,115.05 | 13,391.56 |
| Total Expenses | 18,345.38 | 23,362.57 | 14,982.58 | 12,226.77 |
| Profit After Tax | 1,286.90 | 1,513.20 | 790.83 | 802.00 |
Hariom Pipes IPO Price – Details
| Description | HARIOM IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 85,00,000 Equity Shares of ₹ 10 (aggregating up to ₹ 130.05 Crore) |
| Issue Open Date | 30-Mar-22 |
| Issue Close Date | 05-Apr-22 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 144 – ₹ 153 |
| Face Value | ₹ 10 |
| Market Lot | 98 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 98 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | HARIOM |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Hariom Pipe IPO DRHP & RHP
Hariom Pipe IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 98 | ₹ 14,994 |
| Maximum | 13 | 1274 | ₹ 1,94,922 |
Hariom Pipe IPO Lead Managers
- ITI Capital Limited
Hariom Pipe IPO Registrar
Hariom Pipe IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 30-Mar-22 |
| Bid / Offer Closes on | 05-Apr-22 |
| Finalisation of Basis of Allotment | 08-Apr-22 |
| Initiation of refunds | 11-Apr-22 |
| Credit of the Equity Shares | 12-Apr-22 |
| Listing Date | 13-Apr-22 |
Company Peers – Comparison of Accounting Ratios
| Name of Company | Face Value | EPS (Basic) (₹) | Total Income (₹ in lakhs) | NAV, as on March 31, 2021 (₹ per share) |
| Hariom Pipe Industries Limited | 10 | 23.02 | 25,482.31 | 49.79 |
| APL Apollo Tubes Ltd. | 2 | 9.58 | 6,05,200.07 | 116.00 |
| Hi-Tech Pipes Ltd | 10 | 77.43 | 1,02,728.43 | 154.99 |
| Rama Steel Tubes Ltd. | 5 | 222.46 | 32,883.47 | 52.68 |
| JTL Infra Ltd | 2 | 13.21 | 44,036.86 | 91.36 |
Company Corporate Office
Plot 3-4-174/12/2, 1st Floor,
Samarpan Lane, Besides Spencer’s,
Pillar No. 125, Attapur,
Hyderabad – 500 048,
Telangana, India.
Company Registered Office
Plot 3-4-174/12/2,
2nd Floor, Samarpan Lane,
Besides Spencer’s,
Pillar No. 125, Attapur,
Hyderabad – 500 048,
Telangana, India
Website: www.hariompipes.com
Company Promoters
- Rupesh Kumar Gupta
- Sailesh Gupta
Also Read
Hariom Pipe Industries IPO – FAQS
What is the Hariom Pipe Industries IPO Price?
The Hariom Pipe Industries IPO price band is ₹ 144 – ₹ 153 per share
When Hariom Pipe Industries IPO will open?
The Hariom Pipe Industries IPO opens on Mar 30, 2022 and closes on Apr 05, 2022
What is the lot size of Hariom Pipe Industries IPO?
The Hariom Pipe Industries IPO lot size is 98 Equity Shares and the minimum order quantity is 98 Equity Shares
Who is the Registrar for Hariom Pipe Industries IPO?
The Registrar for Hariom Pipe Industries IPO is Bigshare Services Private Limited
How to apply in Hariom Pipe Industries IPO through UPI?
Check the step by step process here – Click here
How to apply in Hariom Pipe Industries IPO through Zerodha?
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