Issue Price
₹153
Per Share
GMP
NIL
Grey Market
Est. Listing
₹153
Expected Price
Min. Application
₹29,988
2 lots × 98 shares
Hariom Pipe Industries Limited manufactures iron and steel products including Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. The company sells and markets MS Pipes in the western and southern parts of India under the brand name "Hariom Pipes". As part of the B2B sales, the company sells MS Pipes and Scaffoldings to specific developers and contractors. Hariom Pipe Industries has more than 200 dealers and distributors for selling its products. The company is located in Hyderabad, Telangana.The company operates two plants, one at Mahabubnagar District in Telangana (Unit I) that manufactures finished steel products from iron scrap and sponge iron and the second plant at Anantapur District, Andhra Pradesh (Unit II) that only manufactures Sponge Iron.Hariom Pipe Industries has more than 200 employees, 1400 plus Retailers distribution network, 150 plus manufacturing specifications, and a total of 300832 MT manufacturing capacity.Competitive Strengths:Integrated nature of our operations.Environment-friendly manufacturing process.The strategic location of manufacturing Units.Cost advantage in manufacturing our products.Competitive pricing of our products.Experienced & Qualified Team.
Hariom Pipe Industries Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 8,500,000 | 100.00% | ₹130.05 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 98 | ₹14,994 |
| Retail (Max) | 13 | 1,274 | ₹194,922 |
| sNII (Min) | 14 | 1,372 | ₹209,916 |
| bNII (Min) | 68 | 6,664 | ₹1,019,592 |
| Particulars | 30-Sep-21 | 31-Mar-21 | 31-Mar-20 |
|---|---|---|---|
| Revenue from Operations | 20116.00 | 25482.31 | 16115.05 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 1286.90 | 1513.20 | 790.83 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 19881.96 | 17374.03 | 13967.72 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |