Vibhor Steel Tubes IPO is a book built issue of Rs 72.17 crores. The issue is entirely a fresh issue.
Vibhor Steel Tubes IPO is open for subscription on February 13, 2024 and close
The allotment for the Vibhor Steel Tubes IPO is expected to be finalized on Friday, February 16, 2024.
Vibhor Steel Tubes IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, February 20, 2024.
Vibhor Steel Tubes IPO price band is set at ₹141 to ₹151 per share. The minimum lot size for an application is 99 Shares.
The minimum amount of investment required by retail investors is ₹14,949. The minimum lot size investment for sNII is 14 lots (1,386 shares), amounting to ₹209,286, and for bNII, it is 67 lots (6,633 shares), amounting to ₹1,001,583.
Vibhor Steel Tubes IPO offers 4,779,444 shares. 950,064 (19.88%) to QIB, 712,491 (14.91%) to NII, 1,662,479 (34.78%) to RII, 29,502 (0.62%) to employees and 1,424,907 (29.81%) to Anchor investors.
16,792 RIIs will receive minimum 99 shares and 171 (sNII) and 342 (bNII) will receive minimum 1,386 shares. (in case of oversubscription)
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