HariOm Pipe IPO Date, Price, Market Lot, Subscription

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HariOm Pipe IPO GMPHariOm Pipe IPO ReviewsAllotment Status

HariOm Pipe IPO date is scheduled for 30 March 2022. The IPO price band is set at INR144 – 153 per share. The issue comprises of fresh shares of 85,00,000 shares. Accordingly, there is no OFS by existing shareholders.

Promoters of HariOm Pipe Industries – Rupesh Kumar Gupta and Sailesh Gupta


HariOm Pipe Business Description

HariOm Pipe Industries is an integrated manufacturer of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. The company caters to the southern and western Indian markets for its products. Its MS Pipes are marketed and sold in these geographies under the brand name “Hariom Pipes”. Substantial portion of the Sponge Iron, MS Billets and HR Strips produced by the company is used for captive consumption in the manufacturing MS Pipes and Scaffolding.

The company manufactures MS Pipes and Scaffoldings of more than 150 different specifications and caters, directly and indirectly, to customer requirements in various sectors such as housing, infrastructure, agriculture, automotive, power, cement, mining, solar power and engineering. The company sells MS Pipes through more than 200 distributors and dealers. It also sells MS Pipes and Scaffoldings to certain developers and contractors directly as B2B sales.

Its integrated plant at Mahabubnagar District in Telangana (Unit I) manufactures finished steel products from iron scrap and Sponge Iron and our other plant at Anantapur District, Andhra Pradesh (Unit II) exclusively manufactures Sponge Iron. The iron ore required to produce Sponge Iron at Unit II is mostly procured through the online bidding process.


HariOm Pipe IPO Date, Size & Price Band

HariOm Pipe IPO Date30 March – 5 April 2022
IPO Price BandINR144 – 153 per share
Fresh issue85,00,000 shares (INR122.4 – 130.05 crore)
Offer For SaleNil
Total IPO size85,00,000 shares (INR122.4 – 130.05 crore)
Minimum bid (lot size)98 shares (INR14,112 – 14,994)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE, BSE

HariOm Pipe Financial Performance

 FY2019FY2020FY2021H1 FY2022
Revenue133.9161.1254.8211.2
Expenses122.3149.8233.6183.5
Net income8.07.915.112.9
Net margin (%)6.04.95.96.1
Figures in INR crore unless specified otherwise

HariOm Pipe Offer News


HariOm Pipe IPO Timetable

IPO Opening Date30 March 2022
IPO Closing Date5 April 2022
Finalisation of Basis of Allotment8 April 2022
Initiation of refunds11 April 2022
Transfer of shares to demat accounts12 April 2022
Listing Date13 April 2022
Opening Price on NSEINR220 per share (up 43.79% from IPO price)
Closing Price on NSEINR231 per share (up 50.98% from IPO price)

HariOm Pipe Valuations & Margins

FY2019FY2020 FY2021
EPS7.345.939.80
PE ratioNANA14.69 – 15.61
RONW (%)22.2216.3721.38
ROCE (%)22.4424.7727.41
EBITDA (%)12.9514.8113.72
Debt/Equity1.551.411.13
NAV(242.50)36.5049.79

HariOm Pipe IPO Subscription – Live Updates

CategoryShares OfferedDay 1Day 2Day 3Day 4Day 5
QIB25,50,0000.000.440.440.831.91
NII29,75,0000.030.320.331.938.87
Retail29,75,0001.883.554.667.1812.15
Total85,00,0000.671.481.883.437.93
Subscription figures in number of times, at 5 PM

HariOm Pipe IPO Allotment

HariOm Pipe IPO allotment is now available on Bigshare Services’ website. Click on this link to get allotment status.


HariOm Pipe Offer Registrar

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059, Maharashtra
Phone: +91 22 6263 8200
Fax. No.: +91 22 6263 8280
Email: [email protected]
Website: www.bigshareonline.com


HariOm Pipe Contact Details

HariOm Pipe Industries Limited
Plot 3-4-174/12/2, 2nd Floor,
Samarpan Lane, Besides Spencer’s,
Pillar No. 125,
Attapur, Hyderabad – 500 048
Tel: +91 40 2401 6101
E-mail: [email protected]
Website: www.hariompipes.com


HariOm Pipe IPO FAQs

When HariOm Pipe IPO will open?

The IPO is to open on 30 March 2022 for QIB, NII, and Retail Investors.

What is HariOm Pipe IPO Investors Portion?

The investors’ portion for QIB is 30%, NII 35%, and Retail 35%.

How to Apply in HariOm Pipe IPO?

You can apply HariOm Pipe IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is HariOm Pipe IPO Allotment Date?

HariOm Pipe IPO allotment date is 8 April 2022.

What is HariOm Pipe IPO Listing Date?

HariOm Pipe IPO listing date is 13 April 2022.

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