Venus Pipes & Tubes has debuted at Rs 335.00 on the BSE, up by 9 points or 2.76% from its issue price of Rs 326.
The scrip is currently trading at Rs 351.75, up by 25.75 points or 7.90% from its issue price. It has touched a high and low of Rs 351.75 and Rs 335.00 respectively. So far 0.36 lakh shares were traded on the counter.
The offering, which was open for subscription between May 11, 2022 and May 13, 2022 was subscribed 16.31 times. The issue price was fixed at Rs 326 per share i.e. at upper end of price band of Rs 310-326 apiece.
Venus Pipes & Tubes is one of the growing stainless steel pipes and tubes manufacturer and exporter in the country.
