Jun 30, 2025
ASTM A335 P9 Seamless Alloy Steel Pipes in sizes 1/8" to 24" NPS with Schedule 40, 60, & 80. High strength, corrosion-resistant pipes for cr
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ASTM A335 P9 Seamless Alloy Steel Pipes in sizes 1/8" to 24" NPS with Schedule 40, 60, & 80. High strength, corrosion-resistant pipes for cr
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Stanley Alloys is Prominent Manufacturer, Expoeter and Stockist of Stainless Steel 304/304l/304h Seamless Welded Pipe. We have huge stock and various range of Seamless Welded Pipe. We provide good quality at best price in all over world. Contact for more Info
Stanley Alloys is the market leader in the production of 304 Stainless Steel Pipe. We are one of the largest manufacturers of Stainless Steel 304, 304L and 304H Pipes and Tubes. We have a rapid delivery system base such that clients have smooth progress in their respective projects.
One of the leading Stainless Steel Pipes Manufacturers
Venus Pipes is a specialized producer of stainless steel pipes and tubes. It has been awarded ALL INDIA FIRST (AIF) manufacturer status and received the BIS approval for stainless steel pipes. The company is planning to raise Rs165 crore through its IPO. It is priced at 21 times FY22 annualized earnings per share (EPS).
It plans to increase its production capacity by 24,000 MTPA
The expansion project will double the company's current manufacturing capacity. The company currently produces welded and seamless pipes with a total capacity of 10,800 MTPA. In the next three years, the company intends to increase its total production capacity to 24,000 MTPA. It also plans to set up a piercing line.
The company has approved an investment of Rs. 50 crores for the expansion. This expansion is expected to double its current production capacity of 10,800 MTPA and increase its range of welded pipes up to SCH80s. The project is expected to start commercial production in Q1 FY24. The company plans to invest the proceeds from the IPO in the new facility.
It is looking to raise Rs165 crore through the IPO
Stainless steel pipe manufacturers and exporter of stainless steel pipes and tubes, is looking to raise Rs165 crore through an initial public offering (IPO). The company is planning to sell shares at a price band of Rs310-326 per equity share. The subscription period will end on May 13, and the shares will be listed on stock exchanges on May 24. The company plans to use the money to finance capacity expansion, backward integration, and general corporate purposes.
Venus Pipes & Tubes has decided to raise Rs165 crore through an initial public offering (IPO) on May 11. The offer is expected to close on May 13, and investors can apply for a minimum of one lot. Retail investors can purchase up to 13 lots (598 shares).
It is priced at a PE ratio of 21 times FY22 annualized EPS
Venus Pipes is a supplier of stainless steel pipes. The company sells its products under the brand name "Venus" to various industries including food processing, engineering and chemicals. The company has a PE ratio of 21 times FY22 annualized EPS, making it a relatively inexpensive stock for a long-term investor.
Venus Pipes' is expected to raise Rs165 crore, with a price band of Rs310-325 per share. The IPO comprises a fresh issue of shares and does not include the promoters' equity shares. The company plans to use the proceeds to finance capacity expansion and meet long-term working capital requirements. Given the recent success of Data Patterns' IPO, Venus Pipes' IPO may receive good traction. The company sells its products in the domestic market and exports to over 18 countries.