1 min read.Updated: 24 May 2022, 10:14 AM ISTLivemint
The IPO of Venus Pipes was subscribed over 16 times and the retail segment saw good demand
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Shares of Venus Pipes and Tubes made a positive debut on BSE today with the stock rising to ₹351 as compared to issue price of ₹326. The IPO or initial public offer of Venus Pipes and Tubes was subscribed 16.31 times. The retail portion saw good demand and was subscribed 19.04 times. The portion for non-institutional investors received 15.69 times subscription and Qualified Institutional Buyers (QIBs) 12.02 times.