Hariom Pipe Industries IPO GMP History
Hariom Pipe Industries IPO has been listed on April 13, 2022 at a listing price of ₹220, against the issue price of ₹153 — a gain of ₹67 (+43.79%). The GMP peaked at ₹15 on 12 April 2022 and reached a low of ₹15 on 12 April 2022. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Hariom Pipe Industries IPO raised ₹130.05 Cr. through its IPO at a price band of ₹144 to ₹153 per share, with a lot size of 98 shares. The IPO was open for subscription from 30 Mar 2022 to 05 Apr 2022.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:24 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 12 Apr 2022 | ₹ 15 | — | 10% | — | — |
| 11 Apr 2022 | ₹ 15 | — | 10% | — | — |
| 08 Apr 2022 | ₹ 15 | — | 10% | — | — |
| 07 Apr 2022 | ₹ 15 | — | 10% | — | — |
Hariom Pipe Industries IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 30 Mar 2022
- Close 05 Apr 2022
- Allotment 08 Apr 2022
- Refund/credit 11 Apr 2022
- Listing 13 Apr 2022
Hariom Pipe Industries IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹153 |
|---|---|
| GMP-based estimate (pre-listing) | ₹168 (+9.8%) |
| Listing gain / loss | +₹67 per share |
| Listing date | 13 Apr, 2022 |
| Actual listing price | ₹220 (+43.79%) |
Is Hariom Pipe Industries IPO GMP reliable?
Grey market premium for Hariom Pipe Industries IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Hariom Pipe Industries IPO full review for a fundamentals-based assessment before making any grey market trades.
Hariom Pipe Industries IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Hariom Pipe Industries IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Hariom Pipe Industries IPO
Hariom Pipe Industries Limited was incorporated as Hari Om Concast And Steels Private Limited on 21 June 2007. It is based in Hyderabad and makes mild steel (MS) pipes, scaffolding, HR strips, MS billets and sponge iron.
It sells MS pipes in western and southern India under the Hariom Pipes brand, and sells pipes and scaffolding directly to developers and contractors. It has more than 200 dealers and distributors.
It runs two plants. Unit I in Mahabubnagar district, Telangana, makes finished steel products from iron scrap and sponge iron. Unit II in Anantapur district, Andhra Pradesh, makes sponge iron.
The IPO was Rs 130.05 crore and was entirely fresh issue. Rs 50.05 crore was planned for capital expenditure and Rs 40.00 crore for working capital.
Frequently asked
What is the GMP of Hariom Pipe Industries IPO?
The current Grey Market Premium (GMP) of Hariom Pipe Industries IPO is ₹ 15.
What is the Kostak Price of Hariom Pipe Industries IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Hariom Pipe Industries IPO is not available.
What is the Subject to Sauda Price of Hariom Pipe Industries IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Hariom Pipe Industries IPO?
Hariom Pipe Industries IPO listed on April 13, 2022 at ₹220, against the issue price of ₹153 — a gain of +43.79%.
How did the GMP of Hariom Pipe Industries IPO trend before listing?
The GMP of Hariom Pipe Industries IPO was stable in its final days before listing. The GMP peaked at ₹15 on 12 April 2022. View the day-wise table above for the complete GMP history.
Explore Hariom Pipe Industries IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
