Prince Pipes and Fittings Limited is engaged in the manufacturing of polymer pipes and fittings. The Prince Pipes IPO will open on 18th December 2019 and will close on 20th December 2019. Prince Pipes and Fittings IPO is about to raise Rs.500 crores. The company was established in 1987 based in Mumbai. They are the manufacturer of polymer pipes and fittings including CPVC, UPVC, HDPE, PPR and three different polymer fitting types CPVC, PPR, and UPVC.
The company is operating through two different brands which include Trubore and Prince Piping Systems. Their business market is North India, South India, and West India. They have 5 manufacturing unit Haridwar (Uttarakhand), Athal (Dadra and Nagar Haveli), Dadra (Dadra and Nagar Haveli), Kolhapur (Maharashtra) and Chennai (Tamil Nadu). Check out the Prince Pipes IPO date, price band, and market lot details.
Brokerage Firm Prince Pipes IPO Reviews:
- ICICI Direct: –
- Capital Market: Avoid
- Axis Capital: –
- Centrum Wealth Management: –
- Motilal Oswal: Subscribe
- Angel Broking: Subscribe
- Hem Securities: –
Prince Pipes IPO Dates & Price Band :
| IPO Open: | 18th December 2019 |
| IPO Close: | 20th December 2019 |
| IPO Size: | Rs.500 Crore (Approx) |
| Price Band: | Rs. 177 to Rs. 178 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 30,00,000 Shares |
Prince Pipes IPO Market Lot:
- Shares: Apply for 84 Shares (Minimum Lot Size)
- Minimum Amount: ₹14,952
Prince Pipes IPO Allotment & Listing:
- Basis of Allotment: 26th December 2019
- Refunds: 27th December 2019
- Credit to Demat accounts: 30th December 2019
- Listing: 31st December 2019
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Prince Pipes IPO Grey Market Premium
Prince Pipes IPO Subscription
Prince Pipes IPO Allotment Status
Prince Pipes IPO Listing Date
Prince Pipes Financial:
| (Rs. in Crore) | Revenue | Expense | Income |
| 2016 | – | – | – |
| 2016 | 1082 | 1045 | 29.4 |
| 2017 | 1333 | 1237 | 73.7 |
| 2018 | 1327 | 1231 | 74.1 |
| 2019 | 329 | 317 | 9.1 |
Company Promoters:
- Jayant Shamji Chheda
- Tarla Jayant Chheda
- Parag Jayant Chheda
- Vipul Jayant Chheda
- Heena Parag Chheda
Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus
Prince Pipes IPO Registrar:
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: princepipes.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Prince Pipes IPO Lead Managers:
- Edelweiss Capital Limited
- JM Financial Consultants Private Limited
Company Address:
Prince Pipes and Fittings Ltd
Plot No.1, Honda Industrial Estate,
Phase II, Honda Sattari,
Honda, Goa 403 530, India
Phone: +91 22 66022222
Email: investor@princepipes.com
Website: https://princepipes.com/
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