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AIKPIPESSME / BSEListed
AIK Pipes And Polymers

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.

DRHP
₹89 - ₹8943.63x sub
Listed Price₹100.00
Listing Gain+12.36%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open26 Dec 2023
Close28 Dec 2023
Allotment29 Dec 2023
Listing02 Jan 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail8,01,600 shares
47.49%
Nii(hni)8,01,600 shares
47.49%
Market Maker84,800 shares
5.02%

Minimum Application Lots

Retail1 Lot (1,600 shares)
₹1,42,400
HNI2 Lots (3,200 shares)
₹2,84,800

Company Promoters

Mr. Imran KhanMs. Tahira Sheikh

Company Background

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...

Lead Managers & Bankers

Shreni Shares Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest ( Jun 2023)₹1400.42 Cr
Growth+37.2%
Revenue Trend (₹ in Crores)
0.01.2k2.4k3.5kMar 2021Mar 2022Mar 2023 Jun 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun 20231,400.42101.971,638.560
Mar 20233,077.92187.741,450.500
Mar 20222,090.8487.90968.13432.17
Mar 20211,020.5426.99739.75382.88

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values4.1349.19%17.90%21.5413.88

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Skyline Financial Services Private Ltd

Allotment Finalized
Allotment Date
29 Dec 2023
Official Status
Out / Finalized
Registrar
Skyline Financial Services Private Ltd
Listing Date
02 Jan 2024

Official Allotment Verification Links

Official Registrar Portal
Skyline Financial Services Private Ltd

Direct allotment verification on the official registrar portal appointed for AIK Pipes And Polymers. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization29 Dec 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date02 Jan 2024Trading commences on exchange

How to Check AIK Pipes And Polymers Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select AIK Pipes And Polymers from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About AIK Pipes And Polymers IPO

Complete issue overview for AIK Pipes And Polymers (AIKPIPES) IPO. The issue features an equity share price band of ₹89 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,42,400). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions