SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Venus Pipes & Tubes files draft papers to raise funds through IPO

28 Dec 2021 Evaluate

Venus Pipes & Tubes has filed draft papers with markets regulator Sebi to raise funds through an initial share sale. Through the Initial Public Offering (IPO), 50.74 lakh equity shares of the company will be sold.

Proceeds from the public issue will be used for financing the project cost towards capacity expansion and backward integration for manufacturing of hollow pipes, to meet working capital requirements and for general corporate purposes. SMC Capitals is the sole book running lead managers to the issue. The equity shares of the company are proposed to be listed on BSE and NSE.

Venus Pipes & Tubes is one of the growing stainless steel pipes and tubes manufacturer and exporter in the country.

Venus Pipes & Tubes Share Price

1322.80 15.25 (1.17%)
21-Apr-2026 10:08 View Price Chart
Peers
Company Name CMP
Tata Steel 213.00
JSW Steel 1288.15
SAIL 176.65
Jindal Stainless 796.85
APL Apollo Tubes 2140.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×