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Open
17 Dec 2007
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Close
20 Dec 2007
3
Allotment
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Listing
Mon, Dec 2, 2019
Price Band
₹140 to ₹150
Issue Size
50,00,000 shares (agg. up to ₹75 Cr)
Lot Size
45 Shares
Listing Date
Mon, Dec 2, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 10.59x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Porwal Auto Components Ltd. | Mainboard | ₹37.50 Cr | ₹75 | null | ₹79.65 | +6.20% | ₹54.47 (-0.60%) |
| Autoline Industries Ltd. | Mainboard | ₹75.00 Cr | ₹225 | null | ₹257.15 | +14.29% | ₹92.31 (-4.22%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To enhance In-house Tool Manufacturing and Designing Capability at our existing plant, B-206 A, Noida | |
| 2 | To increase our Production Capacity at our existing plant, B-206 A, Noida | |
| 3 | To set up a new plant for manufacturing of Auto Components at Surajpur, Greater Noida | |
| 4 | To set up a new plant for “Electrical Outlet System” products for PDC at Badarpur, Delhi | |
| 5 | General Corporate Purpose | |
| 6 | To meet the expenses of the public issue | |
| 7 | To list the shares offered through this issue on BSE and NSE |
About Precision Pipes IPO
Incorporated in 1978, Precision Pipes and Profiles Company Ltd (PPAP) is a leading manufacturer of high quality automotive sealing systems and exterior products in India. PPAP has four state of the art manufacturing facilities, which are located in New Delhi and Noida. All the plants are TS 16949, ISO 14001 and OHSAS 18001 certified. Product range includes weather strips, trim door opening, windshield molding, roof molding, quarter window seal, A-pillar garnish, B-pillar garnish, skirt air damper, body side molding etc. Additionally, PPAP manufacture PVC based customized profiles for white goods and other industries.PPAP's client list includes Maruti Udyog Ltd, Honda SIEL, General Motors and Toyota Kirloskar.They have a technical collaboration with Tokai Kogyo Co. Ltd (TKCL), Japan, to manufacture automobile products. In the white goods industry, PPAP supply customized profiles to Godrej, Voltas, Videocon and Carrier Refrigerators.+ Read More
Contact Details
Precision Pipes & Profiles Co.Ltd. Address4561, Deputy GanjSadar BazarDelhi, New Delhi, 110006+91-1123-612204ipo@precisionpipes.comVisit Website