Venus Pipes & Tubes IPO Subscription Status
Venus Pipes & Tubes IPO was subscribed 16.31 times when bidding closed on 13 May 2022: QIB 12.02x, NII 15.66x, Retail 19.04x.
The Venus Pipes & Tubes IPO has been subscribed 16.31x times overall. Retail investors have shown interest with bids for 19.04x the shares available. The Non-Institutional Investor (NII) category has been subscribed 15.66x. Qualified Institutional Buyers (QIBs) have subscribed 12.02x. Data last updated on 10 Nov, 11:24 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 11 May, 2022 and closes on 13 May, 2022. The shares are expected to list on stock exchanges on 24 May, 2022.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 12.02x |
| NII | - of - - | 15.66x |
bHNI — bid amount above ₹10 Lakh |
- - | 0 |
sHNI — bid amount ₹2–10 Lakh |
- - | 0 |
| Retail | - of - - | 19.04x |
| TOTAL | - - | 16.31x |
Venus Pipes & Tubes IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 5.3% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 12.02x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
13 May 2022
Day 3 |
16.31x | ▼ | |
|
QIB12.02x
BHNI-
SHNI-
Retail19.04x
|
|||
|
12 May 2022
Day 2 |
4.42x | ▼ | |
|
QIB0.36x
BHNI-
SHNI-
Retail7.52x
|
|||
|
11 May 2022
Day 1 |
2.36x | ▼ | |
|
QIB0.36x
BHNI-
SHNI-
Retail4.1x
|
|||
Venus Pipes & Tubes IPO dates
From the bidding window 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
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | NIPPON INDIA SMALL CAP FUND | NIPPON INDIA MUTUAL FUND | ₹22.82 Cr | 45.99% | |
| 2 | KOTAK MAHINDRA LIFE INSURANCE COMPANY LTD. | KOTAK | ₹19.77 Cr | 39.84% | |
| 3 | INDIA SME INVESTMENTS - FUND I | - | ₹7.03 Cr | 14.17% | |
| TOTAL | ₹49.62 Cr | 100.00% |
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Venus Pipes & Tubes IPO?
As of IPO close date (13 May, 2022), the Venus Pipes & Tubes IPO is subscribed 16.31x times. Retail category is 19.04x, and NII is 15.66x subscribed.
When is the allotment date for Venus Pipes & Tubes IPO?
The allotment for Venus Pipes & Tubes IPO is expected to be finalized on 19 May, 2022.
What is the GMP of Venus Pipes & Tubes?
The Grey Market Premium (GMP) for Venus Pipes & Tubes is currently ₹35, indicating a potential listing gain of 11%.
When will Venus Pipes & Tubes IPO list on the stock market?
Venus Pipes & Tubes is scheduled to list on BSE and NSE on 24 May, 2022.
What are the chances of getting allotment in Venus Pipes & Tubes IPO?
The retail category is oversubscribed at 19.04x, meaning allotment is by lottery. Statistically, approximately 1 in 20 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 12.02x mean for Venus Pipes & Tubes IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 12.02x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Venus Pipes & Tubes IPO allotment status?
After the allotment date (19 May, 2022), you can check your Venus Pipes & Tubes IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Venus Pipes & Tubes IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
