Vibhor Steel Tubes IPO GMP

Vibhor Steel Tubes IPO GMP

IPO Open Date: February 13, 2024

IPO Close Date: February 15, 2024

IPO Price: ₹141 to ₹151 per share

Lot Size: 99 Shares

Listing: February 20, 2024

Vibhor Steel Tubes– Are you looking for Vibhor Steel Tubes IPO GMP / Grey Market Premium and Kostak rate? You are at the right place, here you will get the latest Vibhor Steel Tubes IPO GMP live.

The public issue of Vibhor Steel Tubes will open on February 13, 2024 and remain open until February 15,2024 for bidding. It has set the price band at approximately approximately ₹141 to ₹151 per equity share and expects to raise ₹72.17 crore.

Ahead of Vibhor Steel Tubes opening date, grey market indicators are pointing to positive developments.

Vibhor Steel Tubes IPO GMP

Vibhor Steel Tubes Grey Market Premium (GMP) is currently at ₹140 , indicating the demand for the company's shares in the unofficial market.

Vibhor Steel Tubes IPO price band

The price band for Vibhor Steel Tubes initial public offering (IPO) has been set at ₹141 to ₹151 per equity share, offering potential investors a range within which they can place their bids.

Vibhor Steel Tubes IPO date

Starting from February 13, 2024, the IPO will be open for bidders to participate, and it will remain open until February 15, 2024, providing a limited window for interested parties to take part in the offering.

Vibhor Steel Tubes IPO size

With an ambitious goal of raising ₹72.17 Crores, Vibhor Steel Tubes is poised to make a significant impact in the financial markets through its IPO.

Vibhor Steel Tubes IPO lot size

Investors can apply for the IPO in lots, with each lot comprising 99 shares, allowing them to tailor their investment based on their financial capacity and strategic objectives.

Vibhor Steel Tubes IPO application limit

The application limit for the IPO is set at a minimum of 1 lot for bidders, while retail investors have the opportunity to apply for up to 13 lots, offering flexibility in participation.

Vibhor Steel Tubes IPO allotment date

The tentative schedule for the allotment of Vibhor Steel Tubes IPO shares is February 16, 2024, providing a timeline for successful bidders to receive their allocated shares.

Vibhor Steel Tubes IPO listing

Vibhor Steel Tubes aims to list its shares on February 20, 2024, subject to market conditions, with plans to list on both the BSE and NSE, signaling a significant milestone for the company.

Vibhor Steel Tubes IPO registrar

Kfin Technologies Limited has been entrusted with the crucial role of serving as the registrar for Vibhor Steel Tubes, ensuring a smooth and efficient process for all stakeholders involved.

Investors and market analysts are closely monitoring the developments surrounding Vibhor Steel Tubes IPO, as it presents an opportunity to gauge the market's response to the company's offering. The subscription data and final oversubscription figures will provide valuable insights into the demand for AIK Pipes And Polymers's shares and the overall investor sentiment.

Vibhor Steel Tubes IPO is generating considerable interest due to the company's strong presence in the engineering and design services sector, as well as its diverse client base spanning various industries. Additionally, the IPO's performance will be indicative of investor confidence in the broader economic outlook and the attractiveness of the Indian capital markets.

As the IPO progresses through its various stages, prospective investors will closely analyze factors such as the company's financial performance, growth prospects, and competitive positioning to make informed decisions about participating in the offering. This heightened interest is expected to contribute to robust trading activity following the listing of Vibhor Steel Tubes shares.

The successful execution of Vibhor Steel Tubes IPO is anticipated to further bolster the company's financial position and provide funds for strategic initiatives, expansion plans, and potential acquisitions. Moreover, it will offer an opportunity for retail investors, institutional investors, and other market participants to gain exposure to a prominent player in the engineering and design services sector.

Overall, Vibhor Steel Tubes IPO is poised to make a significant impact on the Indian markets, and its outcome will be closely observed as a barometer of investor confidence and market dynamics.

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