Venus Pipes & Tubes IPO GMP History
Venus Pipes & Tubes IPO has been listed on May 24, 2022 at a listing price of ₹337.5, against the issue price of ₹326 — a gain of ₹11.5 (+3.53%). The GMP peaked at ₹45 on 19 May 2022 and reached a low of ₹20 on 16 May 2022. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Venus Pipes & Tubes IPO raised ₹165.42 Cr. through its IPO at a price band of ₹310 to ₹326 per share, with a lot size of 46 shares. The IPO was open for subscription from 11 May 2022 to 13 May 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 |
|---|---|---|---|---|---|
| 24 May 2022 | ₹ 30 | — | 9% | — | — |
| 23 May 2022 | ₹ 30 | ▲ | 9% | — | — |
| 21 May 2022 | ₹ 25 | — | 8% | — | — |
| 20 May 2022 | ₹ 25 | ▼ | 8% | — | — |
| 19 May 2022 | ₹ 45 | ▲ | 14% | — | — |
| 18 May 2022 | ₹ 25 | — | 8% | — | — |
| 17 May 2022 | ₹ 25 | ▲ | 8% | — | — |
| 16 May 2022 | ₹ 20 | ▼ | 6% | — | — |
| 13 May 2022 | ₹ 30 | ▼ | 9% | — | — |
| 12 May 2022 | ₹ 35 | ▲ | 11% | — | — |
| 11 May 2022 | ₹ 25 | ▼ | 8% | — | — |
| 10 May 2022 | ₹ 35 | ▲ | 11% | — | — |
| 09 May 2022 | ₹ 20 | ▼ | 6% | — | — |
| 07 May 2022 | ₹ 35 | — | 11% | — | — |
| 06 May 2022 | ₹ 35 | — | 11% | — | — |
Venus Pipes & Tubes IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 11 May 2022
- Close 13 May 2022
- Allotment 19 May 2022
- Refund/credit 20 May 2022
- Listing 24 May 2022
Venus Pipes & Tubes IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹326 |
|---|---|
| GMP-based estimate (pre-listing) | ₹361 (+10.7%) |
| Listing gain / loss | +₹11.5 per share |
| Listing date | 24 May, 2022 |
| Actual listing price | ₹337.5 (+3.53%) |
Is Venus Pipes & Tubes IPO GMP reliable?
Grey market premium for Venus Pipes & Tubes 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 Venus Pipes & Tubes IPO full review for a fundamentals-based assessment before making any grey market trades.
Venus Pipes & Tubes IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Venus Pipes & Tubes 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 Venus Pipes & Tubes IPO
Venus Pipes & Tubes Limited was incorporated as a private company on 17 February 2015. It makes stainless steel tubular products in two broad categories, seamless and welded tubes and pipes.
Its five product lines are high precision and heat exchanger tubes, hydraulic and instrumentation tubes, seamless pipes, welded pipes and box pipes, sold under the Venus brand. They are used in chemicals, engineering, fertilisers, pharmaceuticals, power, food processing, paper, and oil and gas.
Its single plant is on the Bhuj-Bhachau highway at Dhaneti in Kutch, Gujarat, with installed capacity of 10,800 MT a year. It exports to 18 countries, including Brazil, the UK, Israel and countries in the European Union.
The IPO was Rs 165.42 crore and was entirely fresh issue. Rs 111.58 crore was planned for capacity expansion and backward integration into hollow pipes.
Frequently asked
What is the GMP of Venus Pipes & Tubes IPO?
The current Grey Market Premium (GMP) of Venus Pipes & Tubes IPO is ₹ 35.
What is the Kostak Price of Venus Pipes & Tubes IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Venus Pipes & Tubes IPO is not available.
What is the Subject to Sauda Price of Venus Pipes & Tubes 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 Venus Pipes & Tubes IPO?
Venus Pipes & Tubes IPO listed on May 24, 2022 at ₹337.5, against the issue price of ₹326 — a gain of +3.53%.
How did the GMP of Venus Pipes & Tubes IPO trend before listing?
The GMP of Venus Pipes & Tubes IPO was stable in its final days before listing. The GMP peaked at ₹45 on 19 May 2022. View the day-wise table above for the complete GMP history.
Explore Venus Pipes & Tubes 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.
