Prince Pipes and Fittings Limited IPO

Prince Pipes and Fittings Limited IPO is listed on NSE and BSE, priced at ₹177–₹178 per share. The stock debuted at ₹160. The IPO had a lot size of ₹84 shares and a minimum investment of ₹14,952.

Prince Pipes and Fittings Limited IPO

Mainboard Listed
₹14,952 (84 Shares)
Minimum Investment
IPO Dates
Dec 18, 2019 – Dec 20, 2019
Price band
₹177 - 178 per equity share
Minimum Investment
₹14,952
Issue size
2,80,89,886 Total Equity Shares of Rs 10/- at price of Rs 177/- to Rs 178/- with aggregating up to Rs 500 Cr# Fresh Issue of 1,40,44,943 Equity Shares of Rs 10/- at price of Rs 177/- to Rs 178/- with aggregating up to Rs 250 Cr # Offer for Sale of 1,40,44,943 Equity Shares of Rs 10/- at price of Rs 177/- to Rs 178/- with aggregating up to Rs 250 Cr
Lot size
84
Allotment Date
Dec 27, 2019
Listing
Dec 30, 2019
Listing At
NSE, BSE

IPO timeline

  1. Dec 18, 2019

    Open Date

    Completed

  2. Dec 20, 2019

    Close Date

    Completed

  3. Dec 27, 2019

    Allotment Date

    Completed

  4. Dec 30, 2019

    Listing Date

    Completed

Prince Pipes and Fittings Limited IPO Essentials

Prince Pipes and Fittings Limited IPO Details

Prince Pipes and Fittings Limited IPO is priced at ₹177 - 178 per share with a total issue size of 2,80,89,886 Total Equity Shares of Rs 10/- at price of Rs 177/- to Rs 178/- with aggregating up to Rs 500 Cr# Fresh Issue of 1,40,44,943 Equity Shares of Rs 10/- at price of Rs 177/- to Rs 178/- with aggregating up to Rs 250 Cr # Offer for Sale of 1,40,44,943 Equity Shares of Rs 10/- at price of Rs 177/- to Rs 178/- with aggregating up to Rs 250 Cr. The IPO has a lot size of 84 shares and is listed on BSE and NSE.

Issue price
Rs 177 - Rs 178 Per Equity Share 
Lot size
84 shares
Face value
Rs 10 Per Equity Share 
Issue size
2,80,89,886 Total Equity Shares of Rs 10/- at price of Rs 177/- to Rs 178/- with aggregating up to Rs 500 Cr# Fresh Issue of 1,40,44,943 Equity Shares of Rs 10/- at price of Rs 177/- to Rs 178/- with aggregating up to Rs 250 Cr # Offer for Sale of 1,40,44,943 Equity Shares of Rs 10/- at price of Rs 177/- to Rs 178/- with aggregating up to Rs 250 Cr
Listing at
NSE, BSE
List price
160.0
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
JM Financial Services Limited and Edelweiss Financial Services Limited

Prince Pipes and Fittings Limited IPO Details

  • Retail Portion N/A

Prince Pipes and Fittings Limited IPO Analytics

Prince Pipes and Fittings Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Prince Pipes and Fittings Limited IPO Subscription Status

Prince Pipes and Fittings 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 56,49,718
42,37,288
98,87,006 1,97,74,012
Day 1 18-12-19
0.05 x
0.03x
0.52 x 0.28 x
Day 2 19-12-19
0.68 x
0.06x
1.06 x 0.74 x
Day 3 20-12-19
3.54 x
1.21x
1.89 x 2.21 x

Prince Pipes and Fittings Limited Valuations

Earnings

EPS (Post IPO)
Rs 7.58
P/E Ratio
23.50

Returns

RoNW
21.18%

Data sourced from DRHP / RHP • For educational purposes only

Prince Pipes and Fittings Limited Company & Offer Insights

Prince Pipes and Fittings Limited IPO Issue Objectives

Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
Fresh Issue(a) Repayment or prepayment of certain outstanding loans of our Company.(b) Financing the project cost towards establishment of a new manufacturing facility.(c) Upgradation of equipment at our manufacturing facilities.(d) General corporate purposes, subject to the applicable laws.

Prince Pipes and Fittings Limited IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Prince Pipes and Fittings Limited 3.85 23.50 21.18 1578.99
Astral Poly Technik Limited 13.69 89.17 15.36 1915.71
Finolex Industries Limited 2.88 19.81 14.54 3132.89
Suprem Industries Limited 6.40 33.84 18.90 5632.47

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Prince Pipes and Fittings Limited IPO is a book-built IPO worth ₹2,80,89,886 Total Equity Shares of Rs 10/- at price of Rs 177/- to Rs 178/- with aggregating up to Rs 500 Cr# Fresh Issue of 1,40,44,943 Equity Shares of Rs 10/- at price of Rs 177/- to Rs 178/- with aggregating up to Rs 250 Cr # Offer for Sale of 1,40,44,943 Equity Shares of Rs 10/- at price of Rs 177/- to Rs 178/- with aggregating up to Rs 250 Cr. The price band is ₹177–₹178 per share. The IPO opens on Dec 18, 2019 and closes on Dec 20, 2019. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Prince Pipes and Fittings Limited IPO is ₹177 to ₹178 per share.

The lot size of Prince Pipes and Fittings Limited IPO is 84 shares.

The minimum investment for Prince Pipes and Fittings Limited IPO is approximately ₹14,952 based on the upper price band .

Prince Pipes and Fittings Limited IPO opens on Dec 18, 2019 and closes on Dec 20, 2019.

The allotment date of Prince Pipes and Fittings Limited IPO is Dec 27, 2019.

Prince Pipes and Fittings Limited IPO is expected to be listed on Dec 30, 2019, on BSE and NSE .

Prince Pipes and Fittings Limited IPO valuation snapshot: P/E 23.50, EPS Rs 7.58, P/B N/A, RoNW 21.18%, and market cap N/A.

To apply for Prince Pipes and Fittings 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 Prince Pipes and Fittings 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 Prince Pipes and Fittings Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Prince Pipes and Fittings Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Prince Pipes and Fittings Limited IPO allotment status on IPO Ji for quick and easy access.