Prince Pipes and Fittings IPO Closed

Prince Pipes and Fittings is going public soon.

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Date 18 Dec 2019 – 20 Dec 2019
Price range 177 – 178
Minimum order quantity 84
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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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