AIK Pipes And Polymers Limited IPO
AIK Pipes And Polymers Limited is a BSE SME IPO listed on the BSE SME platform, priced at ₹89 per share. The stock debuted at ₹100, delivering a listing gain of 12.4%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,42,400.
AIK Pipes And Polymers Limited IPO
- IPO Dates
- Dec 26, 2023 – Dec 28, 2023
- Price band
- ₹89 per equity share
- Minimum Investment
- ₹1,42,400
- Issue size
- 1,688,000 shares(aggregating up to ₹15.02 Cr)
- Lot size
- 1600
- Allotment Date
- Dec 29, 2023
- Listing
- Jan 2, 2024
- Listing At
- BSE SME
IPO timeline
-
Dec 26, 2023
Open Date
Completed
-
Dec 28, 2023
Close Date
Completed
-
Dec 29, 2023
Allotment Date
Completed
-
Jan 2, 2024
Listing Date
Completed
AIK Pipes And Polymers Limited IPO Essentials
AIK Pipes And Polymers Limited IPO Details
AIK Pipes And Polymers Limited IPO is priced at ₹89 per share with a total issue size of 1,688,000 shares(aggregating up to ₹15.02 Cr). The IPO has a lot size of 1600 shares and is listed on BSE SME.
- Issue price
- ₹89 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1,688,000 shares(aggregating up to ₹15.02 Cr)
- Listing at
- BSE SME
- List price
- 100.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Shreni Shares Limited
AIK Pipes And Polymers Limited IPO Analytics
AIK Pipes And Polymers Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
AIK Pipes And Polymers Limited IPO Subscription Status
AIK Pipes And Polymers Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 8,01,600 | 8,01,600 | 1,603,200 |
|
Day 1
21-12-23 06:00 PM
|
(0.37) x | 2.00 x | 1.19 x |
|
Day 2
27-12-23 06:00 PM
|
(1.05) x | 6.39 x | 4.72 x |
|
Day 3
28-12-23 06:00 PM
|
(56.32) x | 30.93 x | 43.62 x |
AIK Pipes And Polymers Limited Valuations
Earnings
- EPS (Post IPO)
- ₹4.13/-
- P/E Ratio
- 21.54
Returns
- RoNW
- 33.50%
AIK Pipes And Polymers Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 1,450.50 | 968.13 | 739.75 |
| Revenue | 3,077.92 | 2,090.84 | 1,020.54 |
| Profit After Tax | 187.74 | 87.90 | 26.99 |
AIK Pipes And Polymers Limited Company & Offer Insights
About AIK Pipes And Polymers Limited
AIK Pipes and Polymers Limited manufactures pipes, HDPE fittings, MDPE pipes and PPR pipes for the water distribution, gas transmission, sewerage systems, and telecommunication sectors.
The company has 3 manufacturing facilities in Jaipur, Rajasthan which are operated on a lease basis.
The company has a competent team of engineers, technicians and operators who play an important role in the production and quality control of the products.
These products are approved by several authorities including the Bureau of Indian Standards (BIS), Central Institute of Petrochemicals Engineering and Technology, Indian Oil Corporation and GAIL.
AIK Pipes is registered with the Government of Rajasthan as a supplier of water supply and sewerage management.
As of June 30, 2023, the company recorded a total income of Rs. 1400.42 lakhs and an adjusted profit after tax of Rs. 101.97 lakhs.
The company is an ISO 9001:2015 certified company. As of June 30, 2023, the company had 23 employees on its payroll.
AIK Pipes And Polymers Limited Promoter(s)
Mr. Imran Khan, Ms. Tahira Sheikh are the company's promoters of AIK Pipes And Polymers Limited.
AIK Pipes And Polymers Limited IPO Issue Objectives
- •
- To Meet Working Capital Requirement
- •
- To Meet the Capital Expenditure
- •
- General Corporate Purpose
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
AIK Pipes And Polymers Limited IPO is a Fixed Priced IPO worth ₹1,688,000 shares(aggregating up to ₹15.02 Cr). The issue price is ₹89 per share (fixed price). The IPO opens on Dec 26, 2023 and closes on Dec 28, 2023. It will be listed on BSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The issue price of AIK Pipes And Polymers Limited IPO is ₹89 per share (fixed price).
The lot size of AIK Pipes And Polymers Limited IPO is 1600 shares.
The minimum investment for AIK Pipes And Polymers Limited IPO is approximately ₹1,42,400 based on the issue price .
AIK Pipes And Polymers Limited IPO opens on Dec 26, 2023 and closes on Dec 28, 2023.
The allotment date of AIK Pipes And Polymers Limited IPO is Dec 29, 2023.
AIK Pipes And Polymers Limited IPO is expected to be listed on Jan 2, 2024, on BSE SME Platform.
AIK Pipes And Polymers Limited IPO valuation snapshot: P/E 21.54, EPS ₹4.13/-, P/B N/A, RoNW 33.50%, and market cap N/A.
To apply for AIK Pipes And Polymers Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of AIK Pipes And Polymers Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for AIK Pipes And Polymers Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check AIK Pipes And Polymers Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the AIK Pipes And Polymers Limited IPO allotment status on IPO Ji for quick and easy access.