Vibhor Steel Tubes Limited IPO Listing Highlights: Stellar Debut! Shares list at 181% premium - Buy Sell or Hold
Vibhor Steel Tubes Limited IPO Listing Highlights, Vibhor Steel Share Price NSE, BSE: Shares of Vibhor Steel Tubes Limited made a stellar debut on the bourses. The stock of Vibhor Steel Tubes list at 181 per cent to the IPO issue price on the NSE. The issue price of the IPO was Rs 151 per share. On BSE, the stock opened at Rs 421.
Earlier, the IPO got an overwhelming response from investors.
Follow Zee Business Blog for all the latest updates on the Vibhor Steel Tubes Share Listing on NSE, BSE:
Vibhor Steel Tubes Limited IPO Listing Highlights, Vibhor Steel Share Price NSE, BSE: Shares of Vibhor Steel Tubes Limited made a stellar debut on the bourses. The stock of Vibhor Steel Tubes list at 181 per cent to the IPO issue price on the NSE. The issue price of the IPO was Rs 151 per share. On BSE, the stock opened at Rs 421.
Earlier, the IPO got an overwhelming response from investors.
Follow Zee Business Blog for all the latest updates on the Vibhor Steel Tubes Share Listing on NSE, BSE:
Latest Updates
Vibhor Steel Tubes Limited IPO Listing LIVE, Vibhor Steel Share Price NSE, BSE: Shares hit upper circuit
Minutes after the bumper listing, shares of Vibhor Steel Tubes Limited hit the upper circuit of Rs 442 on the BSE.
Vibhor Steel Tubes Limited IPO Listing LIVE, Vibhor Steel Share Price NSE, BSE: Stellar Debut!
Bumper listing for Vibhor Steel Tubes Limited IPO
Vibhor Steel Tubes Limited IPO Listing LIVE, Vibhor Steel Share Price NSE, BSE: Price settles at 178% premium to issue price in pre-open market
In the pre-opening session, Vibhor Steel Tubes Limited shares settled at Rs 421 on the BSE, a premium of 178.81 per cent to the issue price of Rs 151.
Vibhor Steel Tubes Limited IPO Listing LIVE, Vibhor Steel Share Price NSE, BSE: Price settles at 181% premium to issue price on NSE
In the pre-opening session, Vibhor Steel Tubes Limited shares settled at Rs 425 on the NSE, a premium of 181.46 per cent to the issue price of Rs 151.
Vibhor Steel Tubes Limited IPO Listing LIVE, Vibhor Steel Share Price NSE, BSE: Kfin Technologies is the registrar
Khambatta Securities is the sole book-running lead manager, and Kfin Technologies is the registrar to the IPO.
Vibhor Steel Tubes Limited IPO Listing LIVE, Vibhor Steel Share Price NSE, BSE: What does the company do?
The Haryana-based Vibhor Steel Tubes's initial public offering (IPO) comprises a fresh issue of equity shares with a face value of Rs 10 each, aggregating to an issue size of up to Rs 72.17 crore through the book-building route.
Vibhor Steel Tubes Limited IPO Listing LIVE, Vibhor Steel Share Price NSE, BSE: Check Price Band
The price band of the IPO is Rs 141-151 per share.
Vibhor Steel Tubes Limited IPO Listing LIVE, Vibhor Steel Share Price NSE, BSE: Raised 22 crore from anchor investors
Ahead of the listing, Vibhor Steel Tubes collected nearly Rs 22 crore from anchor investors.
Vibhor Steel Tubes Limited IPO Listing LIVE, Vibhor Steel Share Price NSE, BSE: QIBs attracted bids 178.73 times
The category for qualified institutional buyers (QIBs) attracted bids 178.73 times.
Vibhor Steel Tubes Limited IPO Listing LIVE, Vibhor Steel Share Price NSE, BSE: RIIs received 188.17 times subscription
The quota for retail individual investors (RIIs) received 188.17 times the subscription. The portion for non-institutional investors got subscribed by a whopping 721.34 times.
Vibhor Steel Tubes Limited IPO Listing LIVE, Vibhor Steel Share Price NSE, BSE: 298.86 times subscription
It garnered a 298.86 times subscription, driven by overwhelming participation from institutional investors.
Vibhor Steel Tubes Limited IPO Listing LIVE, Vibhor Steel Share Price NSE, BSE: IPO received bids for 1,07,36,25,993 shares
The initial public offering received bids for 1,07,36,25,993 shares against 35,92,445 shares on offer.
Vibhor Steel Tubes Limited IPO Listing LIVE, Vibhor Steel Share Price NSE, BSE: Subscribed 300 times
The initial share sale of the steel pipes manufacturer got an overwhelming response from investors as it got subscribed nearly 300 times on the final day.