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Hi-Tech Pipes Limited logo

Hi-Tech Pipes Limited

IncreasedSAST
HITECHIron & Steel ProductsMarket Cap₹1K Cr
Value
₹2.08 Cr
Shares
2,40,000
Price
₹86.7
Stake
9.04% → 9.15%
Bandhan Mutual Fund
Bandhan Mutual Fund
Mutual Fund
The move

Bandhan Mutual Fund bought 2,40,000 shares of Hi-Tech Pipes Limited for ₹2.08 Cr at ₹86.70 apiece in an open market transaction, increasing its stake from 9.04% to 9.15%.

About Hi-Tech Pipes Limited
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A manufacturer of ERW steel round and section pipes, cold rolled strips, and engineering products for industrial applications across India. The company operates an integrated production facility specializing in delivering high-quality steel pipe solutions to diverse sectors including construction, automotive, infrastructure, and engineering. Hi-Tech Pipes maintains a strong distribution network spanning the Indian market to serve customers nationwide.

About Bandhan Mutual Fund
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Formerly IDFC Mutual Fund, rebranded after Bandhan Financial Holdings acquired IDFC's AMC in 2023. Manages over Rs 1.5 lakh crore. Known for strong debt and liquid funds, plus well-regarded equity offerings including the IDFC-lineage Sterling Value Fund and Focused Equity Fund. One of the cleaner transitions in Indian AMC ownership history.

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Hi-Tech Pipes Limited
More moves in Hi-Tech Pipes Limited
HSBC Mutual FundDecreased
HSBC Mutual Fund decreased its stake in Hi-Tech Pipes Limited from 2.56% to 2.47%, selling 1,88,262 shares. The shares were valued at approximately ₹1.62 crore based on the share price of ₹86.03.
18 Jul 2026
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Bandhan Mutual FundIncreased
Bandhan Mutual Fund increased its stake in Hi-Tech Pipes Limited from 8.96% to 9.33% by buying 7,59,137 shares. This stake increase was part of a qualified institutional placement (QIP) where Bandhan Mutual Fund was allotted 11.98% of the total issue size.
18 Jul 2026
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