Sunday, 1 November 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Merger & Restructuring

Hariom Pipe Industries Merger & Restructuring Worth ₹10 Cr

Hariom Pipe Industries Limited invested ₹10.0 Crore in its subsidiary, Hariom Power and Energy Private Limited, acquiring 7,14,286 equity shares. This transaction increases its stake to 78.70% post-allotment. The funds will strengthen HPEPL's capital base for its 60 MW solar power project in Maharashtra.

Key figures
Value₹10.00 Cr
Execution periodAllotment approved on May 07, 2026
Source

NSE filing, NSE: HARIOMPIPE. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Hariom Pipe Industries Ltd: key numbers

Share price
₹311.15
Market cap
₹963.5 Cr
Revenue (annual)
₹1,667 Cr
Net profit (annual)
₹75.71 Cr
P/E (TTM)
14.0×Sector 16.5×
Promoter holding
57.26%+0.00% QoQ
FII holding
10.39%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Hariom Pipe Industries Ltd

All →
18:24 IST NSE
Partnership

Hariom Pipe Industries Partnership

Hariom Pipe signed a non-binding MoU with APEDB for a proposed Rs 700 crore integrated steel plant in Andhra Pradesh. Implementation remains subject to approvals and clearances.

Value
₹700.0 Cr

Other merger & restructuring announcements

All →