Thursday, December 19, 2019

Prince Pipes IPO Allotment Status, Date & Basis of Allotment Details

Prince Pipes IPO subscription to start on 18th December 2019. As per the grey market rates, it was going good at the start but it's going down and down. The subscription numbers will be affected by it. The IPO Subscribed fully but not as we expected. The subscription numbers 2.21x overall which shows less interest of investors. Let's see how the stock will list on bourses. Check out Prince Pipes IPO allotment status online. You can check Prince Pipes IPO allotment via application number or pan card.

Prince Pipes IPO Allotment & Listing Details:

Prince Pipes IPO allotment date is 27-December-2019 but the allotment might come on 01-January-2020. As per the subscription numbers, the basis of allotment Prince Pipes is around 2:1.
Prince Pipes IPO Allotment Date
Prince Pipes Listing Date 01-Jan-20
Basis of Allotment 2:1
Check Prince Pipes IPO Allotment Here:

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Note: Prince Pipes IPO Allotment Status will be available whenever the Registrar of IPO will put on their official sites.

Read Also:
IPO Grey Market Premium
IPO Subscription Numbers
IPO Listing Date

Prince Pipes IPO Subscription Numbers (Fully Subscribed)

Category Day 1 Day 2 Day 3
QIB 0.05x 0.68x 3.54x
HNI 0.03x 0.06x 1.21x
RII 0.52x 1.06x 1.89x
Total 0.28x 0.74x 2.21x

Prince Pipes IPO Dates & Price Band:

 IPO Open:  18-December-2019
 IPO Close:  20-December-2019
 IPO Size:  Approx ₹500 Crore (Approx)
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹177 to ₹178  Per Share
 Listing on:  BSE & NSE
 Retail Portion:  35%
 Equity:  30,00,000 Shares

Prince Pipes IPO Market Lot:

 Lot Size:  Minimum 84 Shares & Maximum 1092 Shares
 Minimum Amount:  ₹14952
 Maximum Amount:  ₹194376

Prince Pipes IPO Allotment & Listing:

 Basis of Allotment:  27-December-2019
 Refunds:  30-December-2019
 Credit to Demat Account:  31-December-2019
 Listing Date:  01-January-2020