HariOm Pipe Industries IPO
Steel/Pipes - Listed on 13 April 2022
HariOm Pipe Industries IPO listing summary
HariOm Pipe Industries (Steel/Pipes) closed its IPO window in 2022 and listed on NSE and BSE on 13 April 2022 at an upper band issue price of Rs 153, opening at Rs 231 for a listing gain of +51.0% and closing day one at Rs 231 (+51.0% on closing basis). The IPO was subscribed 221.68x overall - QIB 236.94x, HNI/NII 507.27x, Retail 90.56x. The total issue size was Rs 220.5 Cr (Fresh Issue Rs 220.5 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
HariOm Pipe Industries IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 45 | +29.41% |
| Day 2 | Rs 45 | +29.41% |
| Day 3 | Rs 45 | +29.41% |
| Day 4 | Rs 45 | +29.41% |
| Day 5 | Rs 45 | +29.41% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the HariOm Pipe Industries IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
HariOm Pipe Industries IPO - FAQs
What was the listing gain of HariOm Pipe Industries IPO?
HariOm Pipe Industries IPO listed at +51.0% versus the upper issue price of Rs 153 on 13 April 2022.
How many times was HariOm Pipe Industries IPO subscribed?
HariOm Pipe Industries IPO was subscribed 221.68x overall. QIB portion was subscribed 236.94x, HNI / NII 507.27x and Retail 90.56x.
What was the IPO GMP for HariOm Pipe Industries?
IPO GMP started at Rs 45 on Day 1 and moved to Rs 45 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.