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Open
18 Dec 2019
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Close
20 Dec 2019
3
Allotment
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Listing
Mon, Dec 30, 2019
Price Band
₹177 to ₹178
Issue Size
2,80,89,885 shares (agg. up to ₹500 Cr)
Lot Size
84 Shares
Listing Date
Mon, Dec 30, 2019
Latest GMP
₹0
✦ AI Insight
GMP Trend
27-10-2025₹0Est. ₹—+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.66x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2019 | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 |
|---|---|---|---|---|
| Assets | 1,014.46 | 1,040.41 | 979.88 | 760.51 |
| Total Income | 380.19 | 1,579.00 | 1,326.57 | 1,332.50 |
| Profit After Tax | 26.67 | 83.35 | 72.77 | 74.18 |
| EBITDA | 52.71 | 185.91 | 163.34 | 1.01 |
| NET Worth | 420.41 | 393.48 | 309.33 | 235.70 |
| Reserves and Surplus | 337.84 | 310.75 | 226.56 | 197.54 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment or prepayment, in full or part, of certain outstanding loans of our Company | 10.00 |
| 2 | Financing the project cost towards establishment of a new manufacturing facility | 159.00 |
| 3 | Upgradation of equipment atour manufacturing facilities | 49.10 |
| 4 | General corporate purposes | 19.01 |
About Prince Pipes IPO
Incorporated in 1987, Mumbai based Prince Pipes and Fittings Limited is engaged in manufacturing of polymer pipes and fittings. The company produces four types of polymer pipes including CPVC, UPVC, HDPE, PPR and three different polymer fitting types CPVC, PPR, and UPVC. It is operating in the polymer pipe segment under two brand names; which are Trubore and Prince Piping Systems. The company has a corporate office in Mumbai and a strong presence across North, South and West India. Prince Pipes provides an end to end solutions across a wide product range (7,480 SKUs as on 30th June 2018). It has 5 manufacturing units located at Haridwar (Uttarakhand), Athal (Dadra and Nagar Haveli), Dadra (Dadra and Nagar Haveli), Kolhapur (Maharashtra) and Chennai (Tamil Nadu). Besides, two contract manufacturing units are located at Hajipur (Bihar) and Aurangabad (Maharashtra). The company is also planning to open two manufacturing units at Jobner (Rajasthan) and Sangareddy (Telangana). Prince Pipes and Fittings Ltd has 10 warehouses to store the products. The company sells the products under Prince Piping Systems brand name to 843 distributors which further sell them to wholesalers, retailers an
Contact Details
Prince Pipes & Fittings Ltd. AddressPlot No.1, Honda Industrial EstatePhase II, Honda SattariHondaNorth Goa, Goa, 403530+91 22 66022222investor@princepipes.comVisit Website