Venus Pipes & Tubes Ltd IPO

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Here’s the consolidated financial information for the last three years:

• International Accreditations and product approvals,
• Specialised production of Stainless-Steel Pipes and Tubes,
• Multi-fold demand of our Products,
• Customer Diversification,
• Experienced & Qualified Team

• The continuing effect of the COVID-19 pandemic on its business, results of operations, operations and financial condition is highly uncertain and cannot be predicted.
• The company face competition, including from other large and established competitors, and its may fail to compete successfully against existing or new competitors, which may reduce the demand for its Products which may lead to reduced prices, operating margins, profits and further result in loss of market share.
• The Company has not entered into long-term agreements with its customers for purchasing its Products nor for the supply of raw materials with its suppliers. Its are subject to uncertainties in demand and there is no assurance that these customers and suppliers shall continue to purchase its Products or sell raw materials to its or that they shall not scale down their orders. This could impact the business and financial performance of its Company.
• The company is required to obtain consents under certain environmental laws, which are critical for operating its Manufacturing Facility. Its have in the past been non-compliant with the requirements under environmental law for its operations and there is no assurance that in the future its would be able to obtain such consent in a timely manner or at all.
• The company face certain challenges because of its limited operating history in the highly competitive stainless steel pipes and tubes market, which may affect its future performance.

• Increasing existing capacity
• Backward integration and cost optimization to improve margins
• Tap new geographies to increase export
• Continue to improve operating efficiencies through technology enhancements
• Strengthen its brand value