Prince Pipes and Fittings Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹177 - ₹178
- Lot size
- 84 shares
- Issue amount
- ₹500 cr
- Total subscription
- 0×
- Opens
- 18 Dec 2019
- Closes
- 20 Dec 2019
- Allotment
- 27 Dec 2019
- Listing
- 30 Dec 2019
Offer at a glance
Issue overview
- Issue size
- 2,82,48,586 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,868
- Fresh issue
- ₹250 cr
- Offer for sale
- ₹250 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,952
- Issue type
- Bookbuilding IPO
- Shares before issue
- 9,59,80,816
- Shares after issue
- 11,00,25,759
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 84 | ₹14,952 |
| sHNI | 14 | 1,176 | ₹2,09,328 |
| bHNI | 67 | 5,628 | ₹10,01,784 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
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.
Strengths
- Well-known brand in the pipes and fittings market
- Wide range of products
- Manufacturing units in multiple locations across India
- Strong presence in North, West, and South India
- Distributor network spread across the country
- Works with international partners to maintain high product quality
Promoters
Mr. Jayant Shamji Chheda
Mrs. Tarla Jayant Chheda
Mr. Parag Jayant Chheda
Mr. Vipul Jayant Chheda
Mrs. Heena Parag Chheda
Registrar & documents
Lead manager
Jm Financial Limited, Edelweiss Financial Services Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No.1, Honda Industrial Estate, Phase II, Honda Sattari, Honda, Goa 403 530, India
+91 22 66022222
[email protected]Company website ↗Understanding PRINCEPIPE 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.