Venus Pipes & Tubes allots preferential issue
Venus Pipes & Tubes (VENUSPIPES) said it has allotted preferential issue. The company is valued at about ₹3,547 crore.
What happened
Venus Pipes & Tubes (VENUSPIPES) told the exchanges on 27 October 2026 at 02:59 PM that it has allotted preferential issue.
Company snapshot
Venus Pipes & Tubes is a small-cap company, with a market value of about ₹3,547 crore.
The stock last traded at ₹1,712.1, against a 52-week range of ₹890–₹2,347.9 (27.1% below the high).
Before this filing the shares had moved −23.0% over the month and +0.7% over three months. Average daily turnover over the last 20 sessions was about ₹39.78 crore.
Promoters held 48.41% at the end of Q1 FY27. Foreign institutions owned 2.63% and domestic institutions 17.81%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 276 | 24.8 | 12.12 |
| Q2 FY26 | 292 | 26.1 | 12.74 |
| Q3 FY26 | 297 | 25.6 | 12.46 |
| Q4 FY26 | 302 | 25.5 | 12.38 |
| Q1 FY27 | 321 | 26.4 | 12.75 |
What history shows
BCEIE's records show 1 previous fund raising filing from the company since May 2026.
Market-wide, 1,646 fund raising filings with an impact score of 50 or more saw an average next-day move of +0.3%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- How the money raised is used and, for equity instruments, the dilution for existing shareholders.
In the news
Recent coverage elsewhere (links open the original publisher):
- Venus Pipes & Tubes Ltd. Key Financial Ratios – Valuation, Profitability & More
- Venus Pipes & Tubes Begins Pipe Spooling Production, Receives INR 185 Crore LOI
- Venus Pipes & Tubes Starts Spooling Operations Early; Secures Rs 185 Cr Order
- Venus Pipes & Tubes Starts Commercial Pipe Spooling Production
- Venus Pipes Shares Rally on Rs 185 Cr Data Centre LOI
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.