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IPO - Hariom Pipe Industries Ltd

Posted On:31st Mar 2022
Updated On:6th Oct 2023
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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.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.

Issue Opens on 30 March, 2022Rs. 144 to 153
Issue Closes on 5 April, 2022per equity share
Bid LotIssue sizeFace value
98 shares minimum Rs. 130.05 CrRs. 10 per equity share

DISCLAIMER

The information contained herein is generic in nature and is meant for educational purposes only. Nothing here is to be construed as an investment or financial or taxation advice nor to be considered as an invitation or solicitation or advertisement for any financial product. Readers are advised to exercise discretion and should seek independent professional advice prior to making any investment decision in relation to any financial product. Aditya Birla Capital Group is not liable for any decision arising out of the use of this information.

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