IPO Review: Hariom Pipe Industries
Moneylife Digital Team 31 March 2022
Hariom Pipe Industries Ltd (HPIL) is a manufacturer of mild steel (MS) pipes, scaffolding, hot rolled (HR) strips, MS billets and sponge iron and it operates chiefly in west and south India. HPIL’s operations are integrated wherein it uses iron ore to produce sponge iron which is then processed across various stages to manufacture final products such as MS pipes and scaffolding.
 
A substantial...
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