Venus Pipes IPO GMP, Kostak Rates, Subject to Sauda


Last updated on November 23, 2023

Venus Pipes IPO DetailsVenus Pipes IPO ReviewAllotment Status

Keep updated with latest Venus Pipes IPO GMP (Grey Market Premium), kostak rates, and subject to sauda rates. Venus Pipes IPO GMP for today is INR15 per share against the issue price of INR310 – 326 per share. This implies Venus Pipes IPO expected listing price is INR341 per share based on the current GMP.

Venus Pipes is a manufacturer of stainless steel pipes and tubes manufacturer and exporter in India having over six years of experience. The company operates in two broad categories: seamless tubes/pipes and welded tubes/pipes. Under these two categories, it currently manufactures five product lines, namely, stainless steel high precision & heat exchanger tubes, stainless steel hydraulic & instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipe and stainless steel box pipes.

Under the brand name “Venus”, the company supplies its products for applications in diverse sectors including chemicals, engineering, fertilizers, pharmaceuticals, power, food processing, paper, oil and gas. It has one manufacturing plant which is strategically located at Bhuj-Bhachau highway, Dhaneti (Kutch, Gujarat).

Venus Pipes IPO GMP Daily Trend

DateVenus Pipes IPO GMPKostakSubject to Sauda
24 May 2022 INR15
23 May 2022 INR15
21 May 2022INR10
20 May 2022INR10INR200INR500
19 May 2022INR25INR300INR900
18 May 2022INR30INR300INR900
17 May 2022 INR25INR300INR900
16 May 2022INR20INR300INR900
14 May 2022 INR20INR300INR900
13 May 2022INR30INR300INR900
12 May 2022INR35INR350INR900
11 May 2022INR35INR350INR900
10 May 2022INR35INR400INR950
9 May 2022 INR20INR300INR800
7 May 2022 INR30INR350INR850
6 May 2022INR300INR800
5 May 2022 INR350
4 May 2022INR350

This page provides day-wise GMP movement which is helpful in deriving tentative listing price and profit/loss of the IPO. The historical premiums mentioned in the above table serve an important purpose and have a close linkage with subscription levels, especially in the QIB and HNI categories. It is typically observed that recovery in premiums is difficult after a sharp correction.

IPO Central also provides grey premium of all active, recent and forthcoming IPOs at a single place. Head to our IPO discussion page which provides a snapshot of IPO premiums.

It should be noted that IPO grey market is unregulated and is highly volatile and thus, it should not be used as the only criterion for an investment decision in an IPO. Investors need to look into other parameters including financial performance and valuations before deciding whether to invest in Venus Pipes IPO or not.

Venus Pipes IPO Details

Subscription Dates11 – 13 May 2022
Price BandINR310 – 326 per share
Fresh issue50,74,100 equity shares (INR157.3 – 160.34 crore)
Offer For SaleNil
Total IPO size50,74,100 equity shares (INR157.3 – 160.34 crore)
Minimum bid (lot size)46 shares
Minimum investment amountINR14,996
Maximum bid (lot size)598 shares
Maximum investment amount INR194,948
Face Value INR10 per share
Retail Allocation35%
Listing OnNSE, BSE

Venus Pipes IPO Documents & News

Venus Pipes IPO Timetable

This table provides important information about Venus Pipes IPO. The dates are updated once the company files Red Herring Prospectus (RHP).

IPO Opening Date11 May 2022
IPO Closing Date13 May 2022
Finalisation of Basis of Allotment19 May 2022
Initiation of refunds20 May 2022
Transfer of shares to demat accounts23 May 2022
Listing Date24 May 2022
Opening Price on NSEComing soon
Closing Price on NSEComing soon

What is Venus Pipes IPO GMP today?

Venus Pipes IPO GMP today is INR15 per share.

What is Venus Pipes IPO kostak rate today?

Venus Pipes IPO kostak rate today is NA per application.

What is Venus Pipes Subject to Sauda rate today?

Venus Pipes Subject to Sauda rate today is NA per application.

What is the expected listing price and return of Venus Pipes IPO?

Venus Pipes IPO expected return is 4.6% based on the current GMP and expected listing price is INR341 per share.

Disclaimer: No content published anywhere on this website should be treated as investment advice or as an offer to buy or sell securities. All the content offered on the website is for educational and informational purposes only. Please contact your investment adviser before making an investment. Any reader taking decisions based on any information published here does so entirely at own risk.


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