Vibhor Steel Tubes IPO
Steel Tubes - Listed on 20 February 2024
Vibhor Steel Tubes IPO listing summary
Vibhor Steel Tubes (Steel Tubes) closed its IPO window in 2024 and listed on NSE and BSE on 20 February 2024 at an upper band issue price of Rs 151, opening at Rs 425 for a listing gain of +181.5% and closing day one at Rs 446 (+195.4% on closing basis). The IPO was subscribed 298.81x overall - QIB 178.73x, HNI/NII 721.32x, Retail 188.17x. The total issue size was Rs 72.17 Cr (Fresh Issue Rs 72.17 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.
Vibhor Steel Tubes 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 120 | +9.93% |
| Day 2 | Rs 120 | +16.56% |
| Day 3 | Rs 110 | +46.36% |
| Day 4 | Rs 70 | +72.85% |
| Day 5 | Rs 15 | +79.47% |
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 Vibhor Steel Tubes IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Vibhor Steel Tubes IPO - FAQs
What was the listing gain of Vibhor Steel Tubes IPO?
Vibhor Steel Tubes IPO listed at +181.5% versus the upper issue price of Rs 151 on 20 February 2024.
How many times was Vibhor Steel Tubes IPO subscribed?
Vibhor Steel Tubes IPO was subscribed 298.81x overall. QIB portion was subscribed 178.73x, HNI / NII 721.32x and Retail 188.17x.
What was the IPO GMP for Vibhor Steel Tubes?
IPO GMP started at Rs 120 on Day 1 and moved to Rs 15 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.