SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Hariom Pipe Industries gets nod to acquire operating assets of M/s. Ultra Pipes

28 May 2024 Evaluate

Hariom Pipe Industries has received approval for acquisition of Operating Assets (Building and Plant & Machinery) of M/s. Ultra Pipes (Partnership Firm) registered under the Partnership Act, 1932, based on the recommendation of Audit Committee. This purchase/acquisition is for a consideration of Rs 40.16 crore.

The acquisition of M/s. Ultra Pipes will ensure operational efficiency and enhance the overall business prosperity of Hariom Pipe Industries. The acquisition process will be completed in reasonable time. The Board of Directors of the Company at their meeting held on May 27, 2024, inter-alia has considered and approved the same. 

Hariom Pipe Industries is an integrated manufacturer of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron.

Hariom Pipe Inds. Share Price

284.20 3.05 (1.08%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 206.55
JSW Steel 1204.00
SAIL 167.90
Jindal Stainless 765.15
APL Apollo Tubes 1978.50
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:

×