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Hariom Pipe Industries Ltd.
Issue Open Date 30-Mar-22  
Issue Closing Date 05-Apr-22  
Application Money 100  
Allotment Money  
Price Band 144 - 153  
Minimium Application No. 98  
Issue Size (Shares) 8500000  
Market Lot 1.00  
Objective
1. Funding capital expenditure requirements.2. Funding the working capital requirements of our Company.3. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   2975000   26379150   8.87  
Qualified Institutional Buyers   2550000   4875598   1.91  
Retail Individual Investors   2975000   36149848   12.15  
Business Description
Hariom is an integrated manufacturer of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. We use iron ore to produce Sponge Iron which is then processed across various stages to manufacture our final products viz. MS Pipes and Scaffol
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Promoter's Holding
Total Share Capital   16822704  
Offered to Public   8500000  
Promoter's Holding (Pre-Issue)   99.1  
Promoter's Holding (Post-Issue)   66.03  
Address
3-4-174/12/2
1st Floor
Samarpan
Lane Beside Spencer’s Pillar No. 125
Attapur
Hyderabad ,
Telangana ,
500048
Phone: 040-24016101 / 1800 123 0360
Email: info@hariompipes.com
Website: www.hariompipes.com
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE, NSE
Lead Manager
ITI Capital Ltd.
Promoters
Rupesh Kumar Gupta
Sailesh Gupta
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