Prince Pipes Ipo Subscription May Start On December 18

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Prince Pipes IPO presentation

The Prince Pipes IPO initiates on eighteenth Dec 2019. It closes on twentieth Dec 2019. The organization set to raise Rs 500 crores. It produces polymer channels and fittings. Additionally, Prince Pipes produces four kinds of polymer pipes, specifically, CPVC, UPVC, HDPE, and PPR. It additionally produces three distinct sorts of fittings, to be specific, CPVC, PPR, and UPVC.

Objectives

1. Reimbursement or prepayment of certain remarkable credits of the organization.

2. Financing the venture cost towards the foundation of another assembling office.

3. Upgradation of hardware at the assembling offices, and

4. General corporate purposes exposed to the pertinent laws.

Prince Pipes IPO Details

Issue Open: Dec 18, 2019 – Dec 20, 2019

Issue Type: Book Built Issue IPO

Face Value: ₹10 Per Equity Share

Issue Price: ₹177 to ₹178 Per Equity Share

Market Lot: 84 Shares

Min Order Quantity: 84 Shares

Posting At: BSE, NSE

This book manufactured issue IPO type would open ...
... on Dec 18, 2019, and most recent 2 days, till Dec 20, 2019. It has a presumptive worth of ₹10 per value share. The issue cost may come about ₹177 to ₹178 per value share. It has a market parcel of 84 offers with a base request amount of 84 offers once more. Think about its posting at BSE, NSE.

Initial public offering Share Holdings

Pre-Issue Share Holding: 95.51%

Post Issue Share Holding:

Initial public offering Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Telephone: +91-22-4918 6270
Email: princepipes.ipo@linkintime.co.in
Site: http://www.linkintime.co.in

Disclaimer: This post is only data about the IPO. It doesn't offer any guidance or proposal. It would be ideal if you read the offer report cautiously and counsel your consultant before contributing.
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