IPO Alert: Hariom Pipe Industries Ltd.

Hariom is an integrated manufacturer of Mild Steel (MS) Pipes, Scaffolding, HR Strips, MS Billets, and Sponge Iron. The company manufactures MS Pipes and Scaffoldings of more than 150 different specifications, and mainly sells MS Pipes through more than 200 distributors and dealers.

Bid/Offer Opens OnWednesday 30-Mar-22
Bid/Offer Closes OnTuesday 05-Apr-22
Price BandRs. 144 - Rs. 153 per equity share
Lot Size98 Shares

How to apply via Web Platform

The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment08-Apr-22
Initiation of Refunds11-Apr-22
Credit of Shares to Demat Acct12-Apr-22
IPO Shares Listing Date13-Apr-22
UPI mandate expiry date15-Apr-22

How to Check Allotment Status

In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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