Listed Price₹100.00
Listing Gain+12.36%
Price Band₹89
Lot Size1,600 shares
Min Bid₹1,42,400
Subscription43.63x
Listed Market Snapshot
₹100.00Listed price from market data
+12.36%listing gain
Issue Amount
₹15.02 Cr
Listed Price
₹100.00
Current Price
₹22.83
Registrar
Skyline Financial Services Private Ltd
Timeline•Fixed Price Issue IPO
Open26 Dec 2023
Close28 Dec 2023
Allotment29 Dec 2023
Listing02 Jan 2024
Quota Reservation Portions
RetailPortion: 8,01,600 shares
47.49%Nii(hni)Portion: 8,01,600 shares
47.49%Market MakerPortion: 84,800 shares
5.02%Minimum Application Bracket Matrix
Retail1 lots / 1,600 shares
₹1,42,400HNI2 lots / 3,200 shares
₹2,84,800About the Company
AIK Pipes and Polymers Limited, established in 2017, manufactures pipes and fittings used in water distribution, gas transmission, sewerage systems and telecom applications. The company produces HDPE fittings, MDPE pipes and PPR pipes, and operates three leased manufacturing facilities in Jaipur, Rajasthan. AIK has a skilled team of engineers and technicians to maintain production quality, and its products are approved by BIS, CIPET, Indian Oil Corporation and GAIL. The company is also registered with the Government of Rajasthan as a supplier of water and sewer management solutions. In FY23 (till June 30, 2023), AIK reported income of ₹1400.42 lakh and profit of ₹101.97 lakh, and employed 23 people.
Company Promoters
Mr. Imran KhanMs. Tahira Sheikh
Lead Managers
Registrar
Skyline Financial Services Private Ltd