Prince Pipes and Fittings Limited IPO
MainboardRs 14,952 / 84 Shares
Prince Pipes and Fittings Limited IPO Details
The Prince Pipes and Fittings Limited IPO price band is set between Rs 177 - Rs 178 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 18 Dec, 2019 and closes on 20 Dec, 2019. Investors can check the allotment status on 27 Dec, 2019, while the listing date is tentatively scheduled for 30 Dec, 2019.
The total issue size is 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, aggregating up to . Stay tuned for the latest Prince Pipes and Fittings Limited IPO review and GMP updates.
Prince Pipes and Fittings Limited IPO Review, Rating & Analysis
Prince Pipes and Fittings Limited IPO Review
NO REVIEWPrince Pipes and Fittings Limited IPO Rating
Prince Pipes and Fittings Limited IPO Highlights
IPO Date
Dec 18, 2019 - Dec 20, 2019
Listing Date
30 Dec, 2019
Face Value
Rs 10 Per Equity Share
Price Band
Rs 177 - Rs 178 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE, BSE
Prince Pipes and Fittings Limited IPO Lot Size
The minimum market lot for Prince Pipes and Fittings Limited IPO is 84 shares with an application amount of ₹14,952. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 84 | ₹14,952 |
| Retail (Max) | 13 | 1092 | ₹1,94,376 |
| S-HNI (Min) | 14 | 1176 | ₹2,09,328 |
| S-HNI (Max) | 66 | 5544 | ₹9,86,832 |
| B-HNI (Min) | 67 | 5628 | ₹10,01,784 |
Prince Pipes and Fittings Limited IPO Timeline
Issue Price
Rs 177 - Rs 178 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE, BSERegistrar
Link Intime India Private LtdLead Manager
JM Financial Services Limited and Edelweiss Financial Services LimitedIssue 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 1,40,44Promoters & Share Holding
Promoter(s) Name
- Mr. Jayant Shamji Chheda
- Mrs. Tarla Jayant Chheda
- Mr. Parag Jayant Chheda
- Mr. Vipul Jayant Chheda
- Mrs. Heena Parag Chheda
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Prince Pipes and Fittings Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 56,49,718 | 42,37,288 | 98,87,006 | 1,97,74,012 |
Day 1 -18-12-19 | 2,80,980 0.05 x | 1,30,032 0.03 | 51,46,932 0.52 x | 55,57,944 0.28 x |
Day 2 -19-12-19 | 38,50,728 0.68 x | 2,42,340 0.06 | 1,04,64,048 1.06 x | 1,45,57,116 0.74 x |
Day 3 -20-12-19 | 1,99,72,680 3.54 x | 51,07,956 1.21 | 1,86,38,760 1.89 x | 4,37,19,396 2.21 x |
Frequently Asked Questions about Prince Pipes and Fittings Limited IPO IPO
When will Prince Pipes and Fittings Limited IPO open for subscription?
The Prince Pipes and Fittings Limited IPO opens on 18 Dec, 2019 and closes on 20 Dec, 2019.
What is the investors portion for Prince Pipes and Fittings Limited IPO?
The investors' portion for QIB is 19972680 3.54 x, NII is 5107956 1.21, and Retail is 18638760 1.89 x.
How to apply for Prince Pipes and Fittings Limited IPO?
You can apply for Prince Pipes and Fittings Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Prince Pipes and Fittings Limited IPO?
The issue size of Prince Pipes and Fittings Limited IPO is approx ₹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 crores.
What is the price band of Prince Pipes and Fittings Limited IPO?
The price band for Prince Pipes and Fittings Limited IPO is Rs 177 to ₹ Rs 178 Per Equity Share.
What is the lot size of Prince Pipes and Fittings Limited IPO?
The minimum bid (lot size) for Prince Pipes and Fittings Limited IPO is N/A shares with an investment of approx Rs 14,952 .
What is the allotment date of Prince Pipes and Fittings Limited IPO?
The allotment date for Prince Pipes and Fittings Limited IPO is 27 Dec, 2019.
What is the listing date of Prince Pipes and Fittings Limited IPO?
The listing date for Prince Pipes and Fittings Limited IPO is expected to be 30 Dec, 2019.
What is the GMP of Prince Pipes and Fittings Limited IPO?
The latest Grey Market Premium (GMP) for Prince Pipes and Fittings Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.