AIK Pipes And Polymers Limited
Fixed Price Issue IPO · BSE
- Price band
- ₹89 - ₹89
- Lot size
- 1,600 shares
- Issue amount
- ₹15.02 cr
- Total subscription
- 43.63×
- Opens
- 26 Dec 2023
- Closes
- 28 Dec 2023
- Allotment
- 29 Dec 2023
- Listing
- 2 Jan 2024
Offer at a glance
Issue overview
- Issue size
- 16,88,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,42,400
- Fresh issue
- ₹15.02 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Ltd
- Listing exchange
- BSE
- Maximum investment
- ₹1,42,400
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 46,75,000
- Shares after issue
- 63,63,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,42,400 |
| HNI | 2 | 3,200 | ₹2,84,800 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 7.13 | 220.69 |
| NIB | 7.13 | 401.78 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 4.13 |
| ROE | 49.19 |
| ROCE | 17.9 |
| RONW | 33.5 |
| PRE IPO(PE) | 21.54 |
| POST IPO(PE) | 13.88 |
Values and labels as reported in the issue data.
Company information
Company profile
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.
Promoters
Mr. Imran Khan
Ms. Tahira Sheikh
Registrar & documents
Lead manager
Shreni Shares Limited
Registrar & contacts
Skyline Financial Services Private Ltd
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
F-9 Vinayak Enclave, Vaishali Nagar Jaipur 302021
+91-9672749800
[email protected]Company website ↗Understanding AIKPIPES IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.