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IPO Status: Listed [18th Dec 2019 to 20th Dec 2019]
| IPO Issue Opening Date: | 18th Dec 2019 |
| IPO Issue Closing Date: | 20th Dec 2019 |
| IPO Issue Price: | ₹177 - 178 Per Share |
| DRHP: | Download DRHP |
| RHP: | Download RHP |
| Anchor List: | Download Anchor List |
| IPO Listing At: | BSE, NSE |
| Retail Quota: | TBD |
| IPO Issue Type: | Book Build Issue |
| IPO Issue Size: | ₹500.00 Cr |
| Offer for Sale: | ₹250.00 Cr |
| Fresh Issue: | ₹250.00 Cr |
| Face Value: | ₹10 Per Equity Share |
| IPO Discount: | NIL |
| Promoter Holding Pre IPO: | 95.51% |
| Promoter Holding Post IPO: | |
| BSE Code: | 542907 |
| NSE Code: | PRINCEPIPE |
Get important updates regarding Prince Pipes IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.
| IPO Activity | Date |
|---|---|
| Basis of Allotment Date* | 26th Dec 2019 |
| Refunds Initiation* | 27th Dec 2019 |
| Credit of Shares to Demat* | 30th Dec 2019 |
| IPO Listing Date* | 31st Dec 2019 |
* - Tentative Dates
| IPO Activity | Date |
|---|---|
| Issue Price | ₹177 - 178 |
| Market Lot: | 84 Shares |
| 1 Lot Amount: | ₹14952 |
| Min Small HNI Lots(2-10 Lakh): | 1176 shares(14 lots) |
| Min Big HNI Lots(10+ Lakh): |
Zerodha Trade@20
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Incorporated Year: 1987
Sector: Plastic Products
Website: https://princepipes.com/
Prince Pipes IPO opens on 18th Dec 2019 and closes on 20th Dec 2019. Price band for IPO is ₹177 - ₹178 per share and lot size 84.
Prince Pipeline is one of the leading polymer pipes and fittings manufacturers in India. The company offers two brand names – Prince Piping Systems and Trubore. The company have approx 7480 unique products. The company manufacture polymer pipes using UPVC, CPVC, PPR and HDPE polymers and fitting using UPVC, CPVC, and PPR polymers. The products are mainly used in plumbing, irrigation and sewerage technologies. The company also provides Borewell systems for groundwater extraction.
The company have 5 manufacturing plants located at Athal (Silvassa), Dadra (Silvassa), Haridwar (Uttarakhand), Chennai (Tamil Nadu), and Kolhapur (Maharashtra). The company also has two contract manufacturing units Aurangabad (Maharashtra) and Hajipur (Bihar). The company also has two new manufacturing plants in the pipeline at Jobner (Rajasthan) and Sangareddy (Telangana).
Prince Pipeline has 10 warehouse locations and 1055 distributors (843 Prince Distributors + 212 Turbore Distributors) in India.
| Incorporation | Sector | IPO Issue Size | Website |
| NULL | NULL | ₹500.00 Cr | https://princepipes.com/ |
Latest update on Prince Pipes IPO Subscription.
| Details | Qualified Institutional Buyers (QIB) | Non Institutinol Investors (NII) | Retail Individual Investors (RII) | Total |
|---|---|---|---|---|
| Shares Available | 56,49,718 | 42,37,288 | 98,87,006 | 1,97,74,012 |
| Day 1 - Dec 18th, 2019 17:01 | 0.05x | 0.03x | 0.52x | 0.28x |
| Day 2 - Dec 19th, 2019 17:01 | 0.68x | 0.06x | 1.06x | 0.74x |
| Day 3 - Dec 20th, 2019 17:01 | 3.54x | 1.21x | 1.89x | 2.21x |
| Prince Pipes IPO Financials | 31-Mar-2019 | 31-Mar-2019 | 31-Mar-2018 |
|---|---|---|---|
| Total Assets | ₹1040.40 Cr | ₹979.90 Cr | ₹760.05 Cr |
| Total Expense | ₹1467.50 Cr | ₹1231.40 Cr | ₹1236.60 Cr |
| Total Revenue | ₹1579.00 Cr | ₹1326.60 Cr | ₹1332.50 Cr |
| Net Profit/Loss | ₹83.40 Cr | ₹72.80 Cr | ₹74.20 Cr |
Last Updated on 31-Dec-2019 03:14:43
Roadshow likely on Friday for price band announcement.
