Hariom Pipe Industries Ltd
Hariom Pipe Industries Ltd Company History
Hariom Pipe Industries is engaged in the business of Manufacturing & selling of Steel Products, which the management and CODM recognise as the sole business segment.
2007
Incorporation of the Company.
2007
2010
Commencement of production of HR Strips and MS Tubes at the Unit I
2010
2011
Commencement of production of Scaffolding at the Unit I
2011
2013
Commencement of production of HR Slit Coil & MS Tubes at the Unit I
2013
2018
Conversion of the Company from private limited to public limited Achieved Turnover of Rs. 10,000.00 lakhs.
2018
2020
Acquisition of Unit II at Anantapur
2020
2021
Receipt of ISO 9001:2015 (Quality Management System) in respect of manufacturing of MS Billets, HR Strips, MS Pipes, MS Sections, GP Pipes and Scaffoldings
2021
2022
The Company has completed the setting up of its 15 ton electric melting furnace and the commercial production from the same will commence from Friday, 25th November 2022. This will increase the company's production of MS Billets from the current 95,832 MTPA to 1,04,232 MTPA.
Hariom Pipe Industries IPO subscribed 67%
The initial public offer (IPO) of Hariom Pipe Industries received bids for 56,67,536 shares as against 85,00,000 shares on offer, according to stock exchange data at 17:00 IST on Wednseday (30 March 2022). The issue was subscribed 67%.
The issue opened for bidding on Wednesday (30 March 2022) and it will close on Tuesday (5 April 2022). The price band of the IPO is fixed at Rs 144 - 153 per share. An investor can bid for a minimum of 98 equity shares and in multiples thereof.
2022
