Hariom Pipe Industries Ltd. IPO
Hariom Pipe Industries Ltd.
IPO Listing Details
Listed On
BSE & NSE
Listed On
Issue Price
₹153
Issue Price
Listing Price
₹214
Listing Price
Listing Gains
+₹61.00 (+39.87%)
Listing Gains
IPO Details
Bidding Dates
30 Mar - 05 Apr '22
Bidding Dates
Min. Investment
₹14,112
Min. Investment
Lot Size
98.00
Lot Size
Price Range
₹144 - ₹153
Price Range
Issue Size
122 Cr
Issue Size
Subscription Rate
- Retail Individual Investor12.15x
- Non-Institutional Investor8.87x
- Qualified Institutional Buyers1.91x
- Employees
About Company
Having been operational since 2007 albeit with the name Hari Om Concast and Steels Private Limited, the company provides quality steel products that aim to surpass customer expectations. Hariom Pipe Industries Limited has established its brand and is recognized as a key producer of iron and steel products in addition to mild steel tubes. This brand recognition is particularly pronounced in Southern India. The sole manufacturing facility that Hariom Pipe Industries Limited has is situated in Telangana and spread across 2.39 hectares. It provides its employees with medical services, accommodation, a canteen and other pertinent facilities on sight itself. Hariom Pipe Industries Limited is ISO 9001 certified as of 2015 and ISO 2830 as of 2012.
Why should you invest in Hariom Pipe Industries Ltd. IPO?
Hariom Pipe Industries Limited makes for a viable investment as its offerings have been well received thus far. This is evident from the fact that it was able to increase its total income from INR 161.15 Crores as of FY 2020 to INR 254.82 Crores as of FY 2021. Their net profit also grew from INR 7.09 Crores to INR 15.13 Crores for the same period. EBITDA margins rose from 14.81 per cent as of FY 2020 to 13.72 per cent as of FY 2021. Each of these gains highlights the viability of the company and thereby indicates the reason the Hariom Pipe Industries IPO ought to be considered.
Hariom Pipe Industries Ltd. IPO - SWOT Analysis
Strengths:
-
Hariom Pipe Industries Limited has the following strengths.
-
It is made up of a qualified and experienced team.
-
It features a complementary product mix.
-
It operates with a high level of efficiency.
-
The manufacturing unit’s location serves as an advantage.
-
Hariom Pipe Industries Limited offers diverse products.
Weaknesses:
Presently Hariom Pipe Industries Limited is geographically limited in its scope. Funds via the IPO, however, will allow for it to expand and have additional locations.
Opportunities:
Funds raised via the IPO will allow Hariom Pipe Industries Limited to expand the manufacturing capacity of its mild steel. This will be possible by adding two new pipe mills and increasing the company’s furnace unit capacity. Previously amounting to 95,832 MTPA, after the IPO it will expand to 1,03,232 MTPA.
Threats:
The industry within which Hariom Pipe Industries Limited operates is highly competitive and very capital intensive.
How to apply for Hariom Pipe Industries Ltd. IPO?
You can apply for the Hariom Pipe Industries Ltd. IPO in these ways:
UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.
Demat Account
1. If you are an Existing TradeSmart demat account holder and wish to apply for an Hariom Pipe Industries Ltd. click here.
2. If you don't have a TradeSmart Account? Sign up.
