Vibhor Steel Tubes IPO allotment – How to check allotment, GMP, listing date and more

• Vibhor Steel Tubes is expected to announce its share allotment status on Friday, February 16.
• The shares of Vibhor Steel Tubes were subscribed 298.66 times.
• The shares are expected to be listed on the stock exchanges on February 20.

Hisar-based Vibhor Steel Tubes, which manufactures and exports carbon steel, steel tubes and more is expected to announce the allotment status of its initial public offering (IPO) on Friday, February 16.

The Vibhor Steel Tubes IPO opened on February 13 and closed on February 15. The price band for the IPO was ₹141 to ₹151 per share.

Robust subscription

On its last day, the Vibhor Steel Tubes IPO was subscribed 298.66 times, receiving bids for 107.36 crore equity shares against 35.92 lakh shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 178.73 times, the non-institutional investors portion was subscribed 721.33 times. The retail portion witnessed decent participation and was subscribed 188.17 times. The employee portion was subscribed 201.86 times.

Grey market premium

The shares of Vibhor Steel Tubes are currently commanding a grey market premium (GMP) of ₹120 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

Here’s how to check the IPO’s allotment status

You can check the allotment status on the registrar’s website.

• To check the Vibhor Steel Tubes IPO allotment status, visit the registrar’s website here.
  
• Click on ‘Company Selection’ and then select ‘Vibhor Steel Tubes’.
  
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  
• Click on ‘Search’.
  

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Vibhor Steel Tubes IPO allotment status on the BSE and NSE websites.

To check the allotment status on BSE or NSE website:

• Go to the BSE website.
• On the website, click on 'Equity' and then select ‘Vibhor Steel Tubes’ from the dropdown menu.
• Now, enter your application number and PAN.
• Click on 'Search'.

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Vibhor Steel Tubes listing date

The shares of Vibhor Steel Tubes will be listed on the stock exchanges on February 20.

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