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 Summary

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

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.

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