Venus Pipes IPO Analysis update- Best way to make money through Philately
Do you know that Venus pipes and tubes initial public offering (IPO) shares debut at 3.5% premium to the issue price of Rs 326 apiece share.
Proceeds from the IPO will be used for financing toward projects like; capacity expansion and backward integration for the manufacturing of hollow pipes to meet the demand. The company share price climbed 3.5 percent on May 24, the listing day as suggested by the gray market premium of Rs 30 as it commanded on 24th May 2022. The stock opened at 335, against the issue price of 326 on the BSE, while the listing price on the NSE was 337.50. The IPO of Venus was subscribed 16.31 times. The portion for non-institutional investors received 15.69 times the subscription. The retail portion saw good demand and subscribed 19.04 times and Qualified Institutional Buyers were subscribed 12.02 times, even during volatility in the market. we all know how volatile the stock market is in this current situation. But even then also we are going to explain some solutions kindly continue reading this post.
Best way to make money through Philately
There is volatility in the stock market and there will be speculation. Investors lose their money in the stock market day by day. So our concern is how can we provide better opportunities for our viewers so that they can make money in this critical situation, that’s why we have come up with a strategy. Where you just collect some stamps and miniature sheets to make money, in philately there is no volatility and not even fear of losing money.
We will look into stamps and explain each and every point about them so that you can understand them. Let me make you understand how stamps and the miniature sheets will make you rich. And let me show you the stamp that has given a huge return.
This is Happy New Year Miniature Sheet
It was issued on 1st Jan 2017 it was issued for the celebration of New Year and it was released by The Department of Indian Post. The Miniature Sheet price was only Rs 25 and as of today, its price is 482. It has given huge returns in 4 years much more than land, gold, and even stocks.
If you want to buy stamps and miniature sheets, whether it could be your hobby or for making money. No worries about experience and expertise. If this is very clear to you then let me show you how you can collect stamps and miniature sheets online.
Search philacy.com where you will get all kinds of miniature sheets and stamps to buy like; cricket stamps, political stamps, bird stamps, and many more. Philacy website is easy-to-use and to buy stamps and miniature sheets.
Steps to buying stamps and miniature sheets
Step 1: Register to Philacy.com https://philacy.com/ with your credential details.
Step 2: pick the stamp and miniature sheet from the menu.
Step 3: click on add to cart to proceed ahead.
Step 4: Click on proceed to checkout.
Step 5: fill in the form of billing details and proceed to pay.
For more information watch this video.