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PRINCEPIPEEQ / NSE, BSEListed

Prince Pipes and Fittings Limited

Prince Pipes and Fittings Limited, established in 1987 and headquartered in Mumbai, is engaged in manufacturing polymer pipes and fittings, offering CPVC, UPVC, HDPE, and PPR pipes along with fittings in CPVC, UPVC, and PPR under the brand names Trubore and Prince Piping Systems. The company has a strong presence across North, South, and West India and offers a wide product portfolio with more than 7,000 items. It operates five manufacturing units in Haridwar, Athal, Dadra, Kolhapur, and Chennai, along with two contract manufacturing units in Hajipur and Aurangabad, and is planning additional facilities in Jobner, Rajasthan and Sangareddy, Telangana. To support its distribution network, the company maintains 10 warehouses, with Prince Piping Systems products sold through 843 distributors to wholesalers, retailers, and plumbers, while the Trubore brand is supplied directly to 212 wholesalers and retailers.

₹177 - ₹178Open
Listed Price160.00
Listing Gain-10.11%
TimelineBookbuilding IPO
Open18 Dec 2019
Close20 Dec 2019
Allotment27 Dec 2019
Listing30 Dec 2019

Quota Reservation Portions

QIBPortion: 1,40,44,942 shares
50%
HNIPortion: 42,13,483 shares
15%
RetailPortion: 98,31,460 shares
35%

Minimum Application Bracket Matrix

Retail1 lots / 84 shares
₹14,952
sHNI14 lots / 1,176 shares
₹2,09,328
bHNI67 lots / 5,628 shares
₹10,01,784

About the Company

Prince Pipes and Fittings Limited, established in 1987 and headquartered in Mumbai, is engaged in manufacturing polymer pipes and fittings, offering CPVC, UPVC, HDPE, and PPR pipes along with fittings in CPVC, UPVC, and PPR under the brand names Trubore and Prince Piping Systems. The company has a strong presence across North, South, and West India and offers a wide product portfolio with more than 7,000 items. It operates five manufacturing units in Haridwar, Athal, Dadra, Kolhapur, and Chennai, along with two contract manufacturing units in Hajipur and Aurangabad, and is planning additional facilities in Jobner, Rajasthan and Sangareddy, Telangana. To support its distribution network, the company maintains 10 warehouses, with Prince Piping Systems products sold through 843 distributors to wholesalers, retailers, and plumbers, while the Trubore brand is supplied directly to 212 wholesalers and retailers.

Company Promoters

Mr. Jayant Shamji ChhedaMrs. Tarla Jayant ChhedaMr. Parag Jayant ChhedaMr. Vipul Jayant ChhedaMrs. Heena Parag Chheda
Prince Pipes and Fittings Limited IPO Details | GMP, Allotment & Financials | IPO Trending