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Venus Pipes Shares Rise Over 3 5% On Market Debut

Shares of Venus Pipes & Tubes on Tuesday opened for trade on bourses with a gain of over 3.5 per cent against the issue price of Rs 332.

Venus Pipes IPO: Will subscribers earn profit or make loss? Here s what latest GMP suggests | Markets News

Venus Pipes IPO Day 2: Offer subscribed 4 43 times

According to the NSE data, the company's Rs 165.41-crore Initial Public Offer (IPO) received bids for 1,57,21,696 shares against 35,51,914 shares on offer.

Venus Pipes IPO Fully Subscribed Within Few Hours Of First Day Of Bidding

The initial public offer of Venus Pipes and Tubes got fully subscribed within the first few hours of opening for subscription on Wednesday.

Venus Pipes IPO subscribed 2 37 times on first day of offer

The category meant for Retail Individual Investors (RIIs) received 4.10 times subscription, while the portion for non-institutional investors got subscribed fully and Qualified Institutional Buyers (QIBs) 36 per cent.

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