Pipes and fitting company Prince Pipes IPO from 18th to 20th Dec

Prince Pipes & Fittings Ltd.

Established From a humble, single machine setup by Mr.Jayant S. Chheda in 1987 to five manufacturing plants throughout India and the creation of nearly 7,500 products, the evolution of Prince pipes has always been in step with the evolution of the nation. 

It has a combined network of 1055 distributors which includes 843 Prince Distributors and 212 Trubore Distributors, Prince Pipes is constantly increasing its pan-India distributor base to ensure it is always close to its customers and ever ready to address their needs. 

Corporate office in Mumbai, PRINCE PIPES AND FITTINGS LTD. has its manufacturing plants at:

• Athal (Silvassa)
• Dadra (Silvassa)
• Haridwar (Uttarakhand)
• Kolhapur (Maharashtra)
• Chennai (Tamil Nadu).  

Website: Click here

Management:

Name	Designation
Jayant Chheda	Chairman
Parag Chheda	ED
Vipul Chheda	ED
Heena P Chheda	ED
Shyam Kishanchand Sharda	Vice President & CFO

IPO Snapshot: 

Particulars	Details
Dates	18-Dec-2019 to 20-Dec-2019
Face Value	Rs10/share
Price Band	Rs177 - Rs178/share
Discount	Nil
Bid lot	84 shares and multiples
Listing	NSE & BSE
Mode of Payment	UPI ASBA (Mandatory)

Issue Details: 

Issue Size	Rs5,000 mn
QIB	50%
NIB	15%
Retail	35%

Lead Managers	JM Financial Ltd. Edelweiss Financial Services Ltd.

Registrar: Link Intime India Pvt. Ltd.

Allotment Status: Check Allotment status

Go to Link Intime Website