Wednesday, December 11, 2019

Prince Pipes IPO Date, Review, Price Band, Form & Market Lot Details

The Prince Pipes IPO date is around 18th December 2019 and closes on 20th December 2019. Prince Pipes and Fittings IPO 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.


Prince Pipes IPO Review:

  • Risky

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Prince Pipes IPO Dates & Price Band: (Tentative)

 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-2019

Prince Pipes IPO Form:

How to apply the Prince Pipes IPO? You can apply Prince Pipes IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Prince Pipes IPO in the Invest section. The other option you can apply Prince Pipes IPO via IPO forms download via NSE and BSE. Check out the Prince Pipes forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

Prince Pipes Financial:

  ₹ in Crore
Revenue Expense Income
2015 - - -
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
Note: Check Prince Pipes IPO allotment status on Linkintime website allotment URL. Click Here

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/

Prince Pipes IPO FAQs:


When Prince Pipes IPO will open for Anchor Investors?
The Anchor Investors bidding date is 17th December 2019.

When Prince Pipes IPO will open for QIB, NII, and Retail?
The IPO to open on 18th December for QIB, NII, and Retail Investors.

What is Prince Pipes IPO Investors Portion?
The investors' portion for QIB-50%, NII-10%, and Retail-35%.

How to Apply the Prince Pipes IPO?
You can apply Prince Pipes IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Prince Pipes IPO Allotment Date?
Prince Pipes IPO allotment date is not finalized yet. You can check IPO allotment here.

What is Prince Pipes IPO Listing Date?
Prince Pipes IPO listing date is not finalized yet. The IPO to list on NSE and BSE.

Note: The IPO price band and dates will be added as it will be officially announced. The IPO grey market premium (IPO GMP) will be added on the grey market page as it will start)