Prince Pipes is a manufacturer of plastic polymer pipes and fittings. The total production capacity of polymer pipes as of June 2018 was approximately 1.8 lac tonnes. Prince Pipes is looking at further capacity expansion by setting up new plants at Rajasthan and Telangana.
Issue size: ₹ 500 Cr
No. of shares: 28,089,886 – 28,248,586 Equity Shares
Face value: ₹ 10
Price band: ₹ 177 - 178
Bid Lot: 84 shares and in multiples thereof
Post Issue Implied Market Cap: ₹ 1,949 Cr – 1,958 Cr
Finalisation of Basis of Allotment: 26-12-2019
Refunds/Unblocking ASBA Fund: 27-12-2019
Credit of equity shares to DP A/c: 30-12-2019
Listing date: 31-12-2019
How do I apply for the Prince Pipes IPO?
You can apply for the Price Pipes IPO on Console using any supported UPI app. Once you have entered your bid on Console, you will receive a mandate collect request on your UPI app. On acceptance of the mandate, the bid amount will get blocked in your bank account. Read more.
Check out the other upcoming IPOs here.