IPO Synopsis

Venus Pipes & Tubes Ltd

Registered Office: Survey No 233/2 and 234/1,Dhaneti Bhuj, Kachchh. - 370201, Gujarat, India. Phone : 91-2836-232 183/84   Fax: Email : cs@venuspipes.com Website :www.venuspipes.com

Initial public offering of up to 5,074,100 equity shares of face value of Rs. 10 each ("Equity Shares") of Venus Pipes & Tubes Limited ("Company" or the "Issuer") for cash at a price of Rs. 326/- per equity share (including a share premium of Rs. 316/- per equity share (the "Issue Price") aggregating up to Rs. 165.42* crores (the "Issue"). The face value of the equity share is Rs. 10. The issue price is 32.6 times the face value of the equity shares. The issue will constitute 25% of the post issue paid up equity share capital of the company. *Subject of finalisation of basis of allotment Issue Opens On Closes On 11-May-22 13-May-22 Money Payable On Application Allotment 326.00 0.00 Minimum Application for shares in Nos : 46 Further Multiples of : 46 Cr Lead Managers to the Issue Project Cost (.Cr) 147.89 SMC Capitals Ltd Project Financed through Current Offer (.Cr) 165.42   Post Issue Equity Share Capital (.Cr) 20.30 Issue Price () 326.00

Projects

Financing the Project Cost Towards Capacity Expansion & Backward Integration for Manufacturing of Hollow Pipes To Meet The Long Term Working Capital Requirements General Corporate Purposes

Promoted By

Megharam Sagramji Choudhary

Jayantiram Motiram Choudhary

Dhruv Mahendrakumar Patel

Listing At

BSE

NSE

Registrar to the Issue

No Data Available