Vibhor Steel Tubes’ IPO is a book-built issue worth Rs 72.17 crore. This is a totally new issue.
The Vibhor Steel Tubes IPO will be open for subscription on February 13, 2024 and end on February 15, 2024. The allotment for the Vibhor Steel Tubes IPO is expected to be completed on Friday, February 16, 2024. Vibhor Steel Tubes IPO will be listed on the BSE and NSE, with a tentative listing date of Tuesday, February 20, 2024.
The Vibhor Steel Tubes IPO pricing range is established at Rs 141 to Rs 151 per share. The minimum lot size for an application is 99 shares. The minimum investment for retail investors isRs 14,949. The minimum lot size investment for sNII is 14 lots (1,386 shares) for Rs 209,286, while for bNII, it is 67 lots (6,633 shares) worth Rs 1,001,583.
Vibhor Steel Tubes IPO Details
| IPO Date | February 13, 2024 to February 15, 2024 |
| Listing Date | [.] |
| Face Value | Rs 10 per share |
| Price Band | Rs 141 to Rs 151 per share |
| Lot Size | 99 Shares |
| Total Issue Size | [.] shares (aggregating up to Rs 72.17 Cr) |
| Fresh Issue | [.] shares (aggregating up to Rs 72.17 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 14,183,000 |
Vibhor Steel Tubes IPO Timeline
| IPO Open Date | Tuesday, February 13, 2024 |
| IPO Close Date | Thursday, February 15, 2024 |
| Basis of Allotment | Friday, February 16, 2024 |
| Initiation of Refunds | Monday, February 19, 2024 |
| Credit of Shares to Demat | Monday, February 19, 2024 |
| Listing Date | Tuesday, February 20, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on February 15, 2024 |
Vibhor Steel Tubes IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 99 | Rs 14,949 |
| Retail (Max) | 13 | 1287 | Rs 194,337 |
| S-HNI (Min) | 14 | 1,386 | Rs 209,286 |
| S-HNI (Max) | 66 | 6,534 | Rs 986,634 |
| B-HNI (Min) | 67 | 6,633 | Rs 1,001,583 |
