Hariom Pipe Industries has debuted at Rs 214.00 on the BSE, up by 61.00 points or 39.87% from its issue price of Rs 153.
The scrip is currently trading at Rs 224.70, up by 71.70 points or 46.86% from its issue price. It has touched a high and low of Rs 224.70 and Rs 214.00 respectively. So far 2.10 lakh shares were traded on the counter.
The company’s initial public offering was subscribed 7.93 times. The portion set aside for retail investors was subscribed 12.15 times, while non-institutional investors and qualified institutional buyers bid shares 8.87 times and 1.91 times their allotted quota. The offering was opened for subscription between March 30, 2022 and April 5, 2022 and the issue price was fixed at Rs 153 per share i.e. at upper end of price band of Rs 144-153 apiece.
Hariom Pipe Industries manufactures steel products. The company provides iron and steel scaffolding systems, pipes and tubes, strips, coils, billets, and other related products.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: