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March 28, 2022
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 On | Wednesday 30-Mar-22 |
| Bid/Offer Closes On | Tuesday 05-Apr-22 |
| Price Band | Rs. 144 - Rs. 153 per equity share |
| Lot Size | 98 Shares |
The below table has important dates with respect to the IPO allotment and listing.
| Finalization of Basis of Allotment | 08-Apr-22 |
| Initiation of Refunds | 11-Apr-22 |
| Credit of Shares to Demat Acct | 12-Apr-22 |
| IPO Shares Listing Date | 13-Apr-22 |
| UPI mandate expiry date | 15-Apr-22 |
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.
