Open Date
13 Feb 24
15 Feb 24
99 shares
₹72.17 Cr
Lot Size
IPO Size
Listing At
BSE NSE
Listing Date
Price Range
₹141 to ₹151
Close Date
Allotment Date
16 Feb 24
20 Feb 24
Established in 2018, Vibhor Steel makes and supplies steel pipes and tubes. The company also exports its products. The company’s steel pipes and tubes come in a wide range of shapes and sizes including square, round, rectangular and elliptical or any special shape. These steel pipes are used in heavy engineering sectors for frames and shafts, bicycle frames, furniture, CDW pipes for shockers, structural and engineering purposes, etc. Vibhor Steel also makes and supplies finished products for “Jindal Pipes Limited” under the brand “Jindal Star”. The company’s two manufacturing facilities are based in Maharashtra and Telangana.
• To fund working capital requirements. • General corporate purposes.
The book-running lead managers to the offer are: Khambatta Securities Limited
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