Hi-Tech Pipes Ltd IPO (Hi Tech Pipes IPO) Detail

Feb 15, 2016 - Feb 19, 2016

Incorporated in 1985, Hi Tech Piles Ltd (HTP) is an ISO 9001 certified company, is one of India's leading engineering house of excellence and innovation producing steel pipes, hollow sections, tubes, cold rolled coils, road crash barriers, solar mounting structures and strips and a variety of other galvanized products.

It is serving various industries with its products, ERW pipes & tubes for Oil & Gas and water sector. Black steel pipes, galvanized steel pipes and tubes for construction industry, precision tubes for automobile industry and hollow section for infrastructure and many more to boast of. Today, HTP’s multi-locational integrated plants have cold rolling mills to manufacture CRCA coils and strips, Continuous Galvanizing Line to manufacture Corrugated Sheets and Purling, pre-galvanized sheets required for manufacturing GP pipes, latest technology high speed tube mills to manufacture steel tubes, pipes, hollow sections of various sizes and types to cater the requirements of diverse industries and sectors.

Hi Tech Pipes IPO Details

IPO Date Feb 15, 2016 to Feb 19, 2016
Listing Date Feb 25, 2016
Face Value ₹10 per share
Price ₹50 per share
Lot Size 3000 Shares
Total Issue Size2,730,000 shares
(aggregating up to ₹13.65 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME

Hi Tech Pipes IPO Reservation

Hi Tech Pipes IPO Lot Size

The Hi Tech Pipes IPO lot size is 3000 shares.

Application Lots Shares Amount
Retail (Min) 1 3000 ₹150,000
Retail (Max) 1 3000 ₹150,000
Lot Size Calculator

Objects of the Issue

The objects of the Issue are:-

1. To meet the working capital requirements of the Company;
2. General Corporate Purposes;
3. Issue Expenses.

Hi Tech Pipes IPO Review (Apply)

[Dilip Davda]  

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Hi Tech Pipes IPO Prospectus

Hi Tech Pipes IPO Rating

Rating:Rated 3.6 stars
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Hi Tech Pipes IPO Listing Details

Listing Date Feb 25, 2016
BSE Script Code
ISIN INE106T01017
Final Issue Price ₹50 per share

Pre-Open Session - NSE

Company Contact Information

Hi-Tech Pipes Ltd
505, Pearl Omaxe Tower,
Netaji Subhash Place,
Pitampura, New Delhi-110034
Phone: +91 11 48440050
Email: info@hitechpipes.in
Website: http://www.hitechpipes.in

Hi Tech Pipes IPO Registrar

Sharepro Services Private Limited

Phone: 9999999999
Email: sme.ipo@shareproservices.com
Website: http://

Hi Tech Pipes IPO Analysis

Hi Tech Pipes IPO Recommendation Summary

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Members 0 0 0

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Hi Tech Pipes IPO FAQs

Hi Tech Pipes IPO is a SME IPO of 2,730,000 equity shares of the face value of ₹10 aggregating up to ₹13.65 Crores. The issue is priced at ₹50 per share. The minimum order quantity is 3000 Shares.

The IPO opens on Feb 15, 2016, and closes on Feb 19, 2016.

Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Hi Tech Pipes IPO opens on Feb 15, 2016 and closes on Feb 19, 2016.

Hi Tech Pipes IPO lot size is 3000 Shares and the minimum order quantity is .

You can apply in Hi Tech Pipes IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Hi Tech Pipes IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Hi Tech Pipes IPO allotment status.

The Hi Tech Pipes IPO listing date is on Feb 25, 2016.
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Hi Tech Pipes IPO Message Board

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26. Manipo |   Link |Feb 25, 2016 3:30:15 PM (200+ Posts)
Given overall market sentiment and past record of NSE emerge listings I think this is a very positive listing for high tech pipes.
25. rtvvtr |   Link |Feb 25, 2016 11:03:02 AM
very libral allotment ...........
24. namra |   Link |Feb 25, 2016 9:17:18 AM
Good listed
23. Manipo |   Link |Feb 25, 2016 8:42:48 AM (200+ Posts)
It opened today at 60, Currently trading at 54.8

NSE emerge link for live price http://www.nseindia.com/emerge/live_market/dynaContent/live_watch/get_quote_SME/GetSMEQuote.jsp?symbol=HITECH
22. dipak |   Link |Feb 24, 2016 10:02:19 PM
Banks means psu or private and what abt defence stocks like bel.....
21. vijay sahajwani |   Link |Feb 23, 2016 6:59:14 PM
Sir please give rough idea at which rate hi tech will be list & What will be exit price?
21.1. Manipo |   Link |Feb 23, 2016 8:30:37 PM (200+ Posts)
I am not sure about the listing price. Except fourth dimension solutions none of the NSE emerge SME IPOs have given good returns in short term.
20. Manipo |   Link |Feb 23, 2016 6:13:53 PM (200+ Posts)
Got SMS from cdsl regarding credit of hi tech shares. Allotment details not yet visible on registrar website.
20.2. namra |   Link |Feb 23, 2016 7:57:12 PM
I have applied 4 application on all family name . All refund . allotment in which rasio
20.3. Manipo |   Link |Feb 23, 2016 8:17:33 PM (200+ Posts)
Wait till tomorrow. Basis of allotment should be known. Else just give a call to registrar.
19. jkmittal |   Link |Feb 21, 2016 9:36:40 PM
Kindly tell the date of allotment of hi tech pipes ipo
19.1. jonam |   Link |Feb 22, 2016 9:51:35 AM
Asba debit on Tuesday and listing on Thursday.
18. jagadish abbigeri |   Link |Feb 20, 2016 1:02:27 PM
next ipo is Ujjivan
18.1. IPOANALYSIS |   Link |Feb 21, 2016 1:11:32 PM
ujjvan is a waste ipo

first its microfinance lender. people wil have in mind what happene to sks microfinance so many would look to see on day1.

its a huge ipo which would require very high liquidity. lets see what price they come in.

Anyway i wont go for it unless it price below 10 P/E as their business is risky
17. IPOANALYSIS |   Link |Feb 19, 2016 8:47:03 PM
After going thru prospectus this appears to be good issue. Considering pipe companies which have high p/e and growth this looks cheap. Also their client list is excellent. Metro is expanding and this shd add more revenues and profits. I am not sure about listing but 140 rs appears to be fair value of this stock and target for 1 yr
17.4. Manipo |   Link |Feb 25, 2016 7:30:30 PM (200+ Posts)
@ipoanalysis your predictions has come true. hi-tech pipes had a good listing today. Keep posting about SME ipo analysis. Can I talk to you on phone? Want to learn something
17.5. IPOANALYSIS |   Link |Feb 26, 2016 9:14:36 PM
Yeah sure. Can you email me
I will send my no. Details. my email is kooltarun _ me at the rate yahoo
16. Manipo |   Link |Feb 19, 2016 4:05:46 PM (200+ Posts)
Final subscription 2.55 times.
16.1. namra |   Link |Feb 19, 2016 4:28:00 PM
excellent response in this market hope give good returns
16.2. IPOANALYSIS |   Link |Feb 20, 2016 12:44:04 AM
ok how much in retail
15. revathy |   Link |Feb 19, 2016 3:04:28 PM
Hey , Eagleye!
Next ipo kaun sa hai??
14. namra |   Link |Feb 19, 2016 1:21:24 PM
Very good issue get very good return
13. namra |   Link |Feb 19, 2016 1:20:28 PM
How many time''s issue oversecribe hi-tech pipes
13.1. Manipo |   Link |Feb 19, 2016 2:07:37 PM (200+ Posts)
till now 2.1 times
12. mehul mehta |   Link |Feb 18, 2016 7:48:22 PM
how much minimum application amount require to subscribe hitech pipe ?
12.1. Manipo |   Link |Feb 18, 2016 10:29:18 PM (200+ Posts)
Rs. 1,50,000
11. MRD |   Link |Feb 16, 2016 9:47:56 PM
I am not able to apply sme hitech Ipo on my hdfc bank site please help me.
11.1. Manipo |   Link |Feb 17, 2016 5:04:24 PM (200+ Posts)
Try applying from ASBA facility offered through internet banking by Union bank, Bank of baroda, Axis bank, Kotak mahindra bank etc.
10. dipam |   Link |Feb 15, 2016 5:20:49 PM
What is the meaning of sme ipo
10.1. Septa |   Link |Feb 15, 2016 6:16:14 PM (4000+ Posts, 4600+ Likes)
main différence is the issue size The IPOS with post-issue paid up capital between Rs. 1 Crore and Rs. 10 Crores can come on the SME Platform, in contrast to the criteria of paid up capital of Rs. 10 crores or more for listing on the Main IPO Board.
10.2. Keshar |   Link |Feb 15, 2016 7:27:48 PM
SME is short form for Small Medium Enterprises
9. Sashank Tripathi |   Link |Feb 15, 2016 12:13:08 PM
Hi all,
Could you guys tell me how to apply for this IPO...
I have a ICICIDirect account and they do not have this IPO in the list their cust. care told me that they do not allow for subscription for BSE SME IPO.
Could you guys let me know which brokerages allow application to BSE SME IPOs?
8. IPOANALYSIS |   Link |Feb 14, 2016 3:16:47 PM
Plz dont compare this with fourth dimension. Fourth dimension is IT sector ''and greates beneficiery of digital india with no debt.

whatis surprising is why DD hasnt looked at the loan, VAT they have not paid yet. Also IOC have barred there order and require compensation for which they i think have already have paid some at and have lost the case in court

dont follow blindly . DD has given good rating to OFS technologies and it got well subscribed and was debt free too. stillit is ruling at 25 pc discount

i would not apply in this SME. Also, please give all ipo,SME a miss now

Although i personally like Fourth dimension and Cawasji Behramji business model. i have been allotted shares in IPO and have also purchased more from open market

instead look for good oppurtunities from secondary market.

below are some of the SME you can look to buy for god retruns
1)Ambition Mica- will announce bonus issue on 17th Feb. incraese in market capitilsation
stock available at near 60 rs. to reach 100 rs . sales of 40 crore and profit of 3 cr annually. have posted very go0d results .

2)Jiya Ecoproducts- biomass company. greatest beneficiery of green environment. company to be 100 crore company in 2 years time
results to come at 17 feb
available at 23 rs will reach 75 rs in 2 years

3)Universal autofoundary- stock is the cheapest auto ancillary company with big clients like ashok leyland, eicher.

available at 30 rs stock headed for 100 rs in 2 years

4)cawasji bheramji-opened restaurant at th best locality. greate experience in logistics and supply food to almost all shipping companies in india, opening in dubai too

available at 34 rs. stock headed to 60 rs

5)fourth dimension- best company in digitisation order. will be the only candidate to apply with ricoh india for govt IT projects for gvt scehemes like aadhar card etc.

stock headed towards 300 rs in 2 years

i am calculating above on their fair value of stock.
8.2. IPOANALYSIS |   Link |Feb 15, 2016 9:50:55 PM
Keep holding . It is just a reaction as they are looking to purchase company. however that will add to revenue and in long run it would increase sales and profits as well as market cap. it is a debt free company so not much to worry in long term.
8.3. Vaibhav |   Link |Feb 16, 2016 7:19:09 AM
7. dipak |   Link |Feb 14, 2016 9:41:49 AM
Hey septa.............. Tl sm stock which cn b bought nw..........