PRINCE PIPE IPO

Prince Pipe and Fitting Limited
Rs 177 to Rs 178
From to

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

PRINCE PIPE IPO Date and Price Band
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.

PRINCE PIPE IPO Market Lot and Investment Amount
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 .

PRINCE PIPE IPO Subscription Status
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.

PRINCE PIPE IPO Allotment and Listing
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

Frequently Asked Questions related to the PRINCE PIPE IPO

When PRINCE PIPE IPO is expected? permalink

PRINCE PIPE IPO is not publised yet, it may be available in September 2020

What is PRINCE PIPE IPO? permalink

PRINCE PIPE initial public offering of 19774012 equity shares of the face value of Rs 10 aggregating up to ₹ 500 Crores. PRINCE PIPE IPO issue open date is 18th December 2019 and close date is 20th December 2019 .

When PRINCE PIPE IPO will open and close? permalink

PRINCE PIPE IPO issue open date is 18th December 2019 and close date is 20th December 2019 .

What is the lot size of PRINCE PIPE IPO? permalink

The lot size for PRINCE PIPE IPO is 84 shares.

What is the price band of PRINCE PIPE IPO? permalink

The price band for PRINCE PIPE is Rs 177 to Rs 178.

What is the minimum investment amount for PRINCE PIPE IPO? permalink

The minimum investment amount for PRINCE PIPE IPO is Rs 14868.

What is the PRINCE PIPE IPO investors portion? permalink

For retail investors (RII) 50% is allotted for investment. For NII 21.43% and QIB 28.57% is allotted.

What is the PRINCE PIPE IPO listing date? permalink

PRINCE PIPE IPO listing date is 31st December 2019.

What is PRINCE PIPE IPO subscription on the first day? permalink

PRINCE PIPE IPO subscribed 27 % on the first day.

What is PRINCE PIPE IPO subscription? permalink

PRINCE PIPE IPO was oversubscribed 2.21 times.

What is PRINCE PIPE IPO listing date? permalink

PRINCE PIPE IPO listing date is 31st December 2019.

What is PRINCE PIPE IPO listing price? permalink

PRINCE PIPE IPO listing price is 160.

What is PRINCE PIPE IPO return? permalink

PRINCE PIPE IPO listing price is 160 and issue price was Rs 174. Return from PRINCE PIPE IPO is Rs -14 per equity share which is -8.05% .

What is BSE code for PRINCE PIPE? permalink

PRINCE PIPE BSE code is 542907.