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May 11, 2022 - May 13, 2022

Venus Pipes & Tubes IPO Subscription Details

Venus Pipes & Tubes IPO Subscription Status Live

Venus Pipes & Tubes IPO subscribed 16.31 times. The public issue subscribed 19.04 times in the retail category, 12.02 times in QIB, and 15.66 times in the NII category by May 13, 2022 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions12.021,014,8641,21,99,062397.69
Non-Institutional Buyers15.66761,1151,19,19,566388.58
Retail Investors19.041,775,9353,38,11,1961,102.24
Employees[.]000
Others[.]000
Total 16.313,551,9145,79,29,8241,888.51

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.


Venus Pipes & Tubes IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
May 11, 2022
0.360.984.102.36
Day 2
May 12, 2022
0.362.597.524.42
Day 3
May 13, 2022
12.0215.6619.0416.31

Venus Pipes & Tubes IPO Shares Offered

Venus Pipes & Tubes IPO is a public issue of 3,551,914 equity shares. The issue offers 1,775,935 shares to retail investors, 1,014,864 shares to qualified institutional buyers, and 761,115 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB1,014,86433.0828.57%
NII761,11524.8121.43%
Retail1,775,93557.9050.00%
Total3,551,914115.79100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Venus Pipes & Tubes IPO Subscription FAQs

The Venus Pipes & Tubes IPO is subscribed 16.31 by May 13, 2022.

Venus Pipes & Tubes IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional12.02
Non Institutional15.66
Retail Individual19.04
Employee Reservations[.]
Others[.]
Total Subscription16.31

Retail category of Venus Pipes & Tubes IPO subscribed 19.04 times as of date May 13, 2022. The public issue closes on May 13, 2022 for bidding.

An investor can apply in Venus Pipes & Tubes IPO online via bank (using ASBA) or the broker (using UPI). The Venus Pipes & Tubes IPO shares are offered online only.

The Venus Pipes & Tubes IPO is subscribed 16.31 by May 13, 2022.

The Venus Pipes & Tubes IPO allotment status is expected on or around May 19, 2022. Visit Venus Pipes & Tubes IPO allotment status to check.

The Venus Pipes & Tubes IPO listing date is Tuesday, May 24, 2022. The equity share of Venus Pipes & Tubes Limited will list on BSE, NSE.

Visit Venus Pipes & Tubes IPO subscription status page for real-time bidding information about Venus Pipes & Tubes IPO.

Venus Pipes & Tubes IPO Timetable

IPO Opens OnMay 11, 2022
IPO Closes OnMay 13, 2022
Finalisation of Basis of AllotmentMay 19, 2022
Initiation of RefundsMay 20, 2022
Credit of Shares to Demat AccountMay 23, 2022
IPO Listing DateMay 24, 2022

2 Comments

2. Manu Jose     Link|May 13, 2022 11:06:31 AM
In the first page its says 165crore and 50% for QIB . Here its saying 115crore total and QIB percentage is not 50%
2.1. Team Chittorgarh.com     Link|May 13, 2022 4:40:17 PM
Dear Sir,
50% QIB includes 60% of Anchor Investor.
The total issue size is Rs 165 Cr out of which around Rs 35 Cr is for Anchor.

We do not publish Anchor data as they don't go through bidding through exchanges.
1. NARESH KR. SAW     Link|May 11, 2022 5:00:22 PM
pls share strategy for sure allotment in Venus pipe IPO