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

IPO Doc

(D)RHP PDF  

(D)RHP PDF

Subscription Rate - Hariom Pipe Industries Ltd. IPO

  • Retail Individual Investor
    12.15x
  • Non-Institutional Investor
    8.87x
  • Qualified Institutional Buyers
    1.91x
  • Employees
    NA


About Hariom Pipe Industries Ltd. IPO

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.


SWOT Analysis - Hariom Pipe Industries Ltd. IPO

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

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Frequently Asked Questions (FAQs) - Hariom Pipe Industries Ltd. IPO

What is the share price of the Hariom Pipe Industries Limited IPO at face value?

The Hariom Pipe Industries Limited share price at face value amounts to INR 10 per equity share. Price range of Hariom Pipe Industries is ₹144 - ₹153

What are Hariom Pipe Industries Limited IPO details pertaining to the dates of said IPO?

The Hariom Pipe Industries Limited IPO dates 30 Mar - 05 Apr 22

Who are the promoters of Hariom Pipe Industries Limited IPO?

The promoters of the Hariom Pipe Industries Limited IPO are Mr. Rupesh Gupta and Mr. Sailesh Gupta.

What is the issue size of the Hariom Pipe Industries Limited IPO?

The issue size of Hariom Pipe Industries Limited is 122 Crores.

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