Hi-Tech Pipes Ltd IPO

Closed

IPO Subscription Details

  • Open Date 15 Feb
  • Close Date 19 Feb
  • Lot Size 3000
  • IPO Size ₹ 13.65 Cr
  • IPO Price Range ₹ 50
  • Min Investment ₹ 150000

IPO Synopsis

Public issue of 27,30,000 equity shares of face value of Rs.10 each fully paid up of Hi-Tech Pipes Ltd (HTPLorHi-Tech the company or the issuer) for cash at a price of Rs.50 per equity share (the issue price) including a share premium of Rs.40 per equity share aggregating Rs.13.65 crores (The issue) by our company, of which 1,38,000 equity shares of Rs.10 fully paid up each will be reserved for subscription by market to ths issue (market maker reservation portion). The issue less the market maker reservation portion i.e. issue of 25,92,000 equity shares of Rs.10 each fully up is hereinafter referred) to as the net issue. The issue and the net issue will constitute 26.50% and 25.16%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs.10 each. The issue price is Rs.50 the issue price is 5.00 times of the face value.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Hi-Tech Pipes Ltd IPO

Contact Information

Address

505 Pearl Omaxe Tower Netaji,
Subhash Place Pitampura,
New Delhi, New Delhi 110034

Hi-Tech Pipes Ltd IPO Lead Manager

Sarthi Capital Advisors Pvt Ltd