PRINCE PIPE IPO
About Company Prince Pipe and Fitting Limited permalink
Prince Pipe and Fitting Limited was established in 1987 . Currently, it is having head office in Maharashtra. PRINCE PIPE works in the sector of The company works in Infra and real estate sector. . PRINCE PIPE has experience of 33 Years .
Prince Pipe product is famous in market, it is good product and it has made its own market. Currently manufacture polymer pipes using four different polymers: UPVC; CPVC; PPR; and HDPE, and fittings using three different polymers: UPVC; CPVC; and PPR. As at October 31, 2019, they had a product range of 7,167 SKUs
₹ 380.19 Cr revenue as per last year published data. ₹ 26.67 Cr profit as per last year published data. Jayant Shamji Chheda, Tarla Jayant Chheda, Parag Jayant Chheda, Vipul Jayant Chheda and Heena Parag Chheda are the promoters
- Email : princepipes.ipo@linkintime.co.in.
- Website : http://www.linkintime.co.in.
- Phone : 022 49186200
PRINCE PIPE IPO Details permalink
PRINCE PIPE IPO issue open date is 18th December 2019 and close date is 20th December 2019 . The face value for Prince Pipe and Fitting Limited IPO is Rs 10 per equity share. The total IPO size is approx Rs 500 crore.
The price band for PRINCE PIPE is Rs 177 to Rs 178. The lot size for PRINCE PIPE IPO is a minimum of 84 shares to maximum 1092 shares. This IPO will be listed on BSE and NSE. PRINCE PIPE IPO total equity is 19774012 shares.
PRINCE PIPE IPO Date and Price Band permalink
| IPO Open: | 18th December 2019 |
| IPO Close: | 20th December 2019 |
| Price Band: | Rs 177 to Rs 178 |
| Face Value: | Rs 10 per equity share |
| IPO Size: | Rs 500 crore |
| Listing on: | BSE and NSE |
| Retail Portion: | 50% |
| Equity (Issue Size): | 19774012 Shares |
PRINCE PIPE IPO Market Lot and Investment Amount permalink
To invest in Prince Pipe and Fitting Limited's initial public offering starting from 18th December 2019 you need to invest minimum Rs 14868, however you can also invest up to Rs 194376, considering the upper price of IPO Rs 178 and maximum allottable shares (1092 shares). To apply for the maximum number of share you need to bid for 13 lots, one lot is having 84 shares.
| Minimum Lot Size: | 84 shares (1 Lot) |
| Maximum Lot Size: | 1092 shares (13 lots) |
| Minimum Investment: | Rs 14868 |
| Maximum Investment: | Rs 193284 |
PRINCE PIPE IPO Subscription Status permalink
PRINCE PIPE IPO was oversubscribed 2.21 times. Qualified Institutional Buyers (QIBs) like banks, mutual funds and other registered financial institutes were reserved for 5649718 shares and received bids for 20000001 shares which is 3.54 times of total meant for QIB category.
Prince Pipe and Fitting Limited's IPO was subscribed 27% on the first day.
Non Institutional Investors (NII) includes individuals , companies trusts who bid for more than 2 lakhs. The total number of shares reserved for NII investors were 4237287 and bid for 5127117 shares received . Bid from NII for Prince Pipe and Fitting Limited's IPO is 1.21 times of total meant for NII category.
Retail Individual Investors (RIIs) includes individuals investors who can apply up to Rs 2,00,000 in IPO . The total number of shares reserved for RII investors were 9887006 and bid for 18686441 shares received . Bid from RII for PRINCE PIPE's IPO is 1.89 times of total meant for RII category.
The total number of shares offered were 19774012 and bid for 43813559 shares received .
| Qualified Institutional Buyers (QIBs) | |
|---|---|
| Shares Allotted: | 5649718 shares |
| Shares Bid Received: | 20000001 shares |
| Over Subscription in QIB: | 3.54 times |
| Non Institutional Investors (NIIs) | |
| Shares Allotted: | 4237287 shares |
| Shares Bid Received: | 5127117 shares |
| Over Subscription in NII: | 1.21 times |
| Retail Individual Investors (RIIs) | |
| Shares Allotted: | 9887006 shares |
| Shares Bid Received: | 18686441 shares |
| Over Subscription in RII: | 1.89 times |
| Total | |
| Total Shares Allotted: | 19774012 shares |
| Total Shares Bid Received: | 43813559 shares |
| Over Subscription Total: | 2.21 times |
PRINCE PIPE IPO Allotment and Listing permalink
PRINCE PIPE IPO got listed on . PRINCE PIPE IPO listed with -8.05% Loss on NSE (PRINCEPIPE ) at Rs 160 and BSE (542907) at Rs 160. The allotment ratio for the PRINCE PIPE IPO remains at 61.
| Listing Date: | |
| Issue Price: | Rs 174 |
| BSE Listing Price: | Rs 160 |
| NSE Listing Price: | Rs 160 |
| Return (In Rupees): | Rs -14 |
| Return (In Percentage): | -8.05% |
| Sector : | PLASTICS - TUBES/PIPES/HOSES & FITTINGS |
| BSE Group : | EQ |
| BSE Code: | 542907 |
| NSE Code: | PRINCEPIPE |
| ISIN : | INE689W01016 |
PRINCE PIPE IPO FAQ permalink
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542907.