IPO Trending
PRINCEPIPEEQ / NSE, BSEListed
Prince Pipes and Fittings

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.

DRHP
₹177 - ₹178Open
Listed Price₹160.00
Listing Gain-10.11%

IPO Schedule & Timeline

Bookbuilding IPO
Open18 Dec 2019
Close20 Dec 2019
Allotment27 Dec 2019
Listing30 Dec 2019

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB1,40,44,942 shares
50%
HNI42,13,483 shares
15%
Retail98,31,460 shares
35%

Minimum Application Lots

Retail1 Lot (84 shares)
₹14,952
sHNI14 Lots (1,176 shares)
₹2,09,328
bHNI67 Lots (5,628 shares)
₹10,01,784

Company Promoters

Mr. Jayant Shamji ChhedaMrs. Tarla Jayant ChhedaMr. Parag Jayant ChhedaMr. Vipul Jayant ChhedaMrs. Heena Parag Chheda

Company Background

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 offer...

Lead Managers & Bankers

Jm Financial LimitedEdelweiss Financial Services Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jun-19)₹3801.92 Cr
Growth-64.8%
Revenue Trend (₹ in Crores)
0.06.1k12.1k18.2kMar-16Mar-17Mar-18Mar-19Jun-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun-193,801.92266.6910,144.570
Mar-1915,789.95833.5110,404.130
Mar-1813,265.71727.669,798.770
Mar-1713,324.95741.827,605.050
Mar-1610,816.18295.356,533.000

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: Link Intime India Private Limited

Allotment Finalized
Allotment Date
27 Dec 2019
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
30 Dec 2019

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Prince Pipes and Fittings. 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 Finalization27 Dec 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date30 Dec 2019Trading commences on exchange

How to Check Prince Pipes and Fittings Allotment Online

1Open Portal

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

2Select Company

Select Prince Pipes and Fittings 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 Prince Pipes and Fittings IPO

Complete issue overview for Prince Pipes and Fittings (PRINCEPIPE) IPO. The issue features an equity share price band of ₹177 – ₹178 per share with a minimum retail lot size of 84 Shares (minimum application amount of ₹14,952). 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