Exchanges
BSE, NSE
Industry
Auto Components & Equipments
Issue
Book building

Precision Pipes & Profiles Co. IPO

₹136.10

−9.27% on listing

Listing-day close · NSE · 2 Dec 2019 · issue price ₹150

Precision Pipes & Profiles Co.’s ₹75 crore IPO was priced at ₹150 a share. It listed on the NSE on 2 Dec 2019 and closed its first day at ₹136.10, down 9.27% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Listing

Issue details

Issue size
₹75 Cr
Fresh issue
₹75 Cr
Offer for sale
—
Lot size
45 shares
Minimum investment
₹6,750
Face value
₹10
Registrar
MUFG Intime India

Subscription

Precision Pipes & Profiles Co. IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—10.59×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹210 Cr
Promoter holding
97.50% → 62.68%

From the offer documents.

Listing

Listing date
2 Dec 2019
Issue price
₹150
Open
₹165.00
High
₹175.00
Low
₹132.00
Close
₹136.10

Listing day on the NSE. The close was −9.27% on the issue price.

FAQs

When did the Precision Pipes & Profiles Co. IPO open and close?

It opened on 17 Dec 2007 and closed on 20 Dec 2007.

What was the Precision Pipes & Profiles Co. IPO price?

The price band was ₹140–150 a share. The final issue price was ₹150.

What is the lot size and minimum investment?

One lot is 45 shares, ₹6,750 at ₹150 a share. Retail investors apply in whole lots.

How much did Precision Pipes & Profiles Co. raise?

₹75 crore: ₹75 crore of new shares.

How many times was the Precision Pipes & Profiles Co. IPO subscribed?

10.59 times overall.

How did Precision Pipes & Profiles Co. list?

It listed on the NSE on 2 Dec 2019 at ₹165.00 and closed the day at ₹136.10, down 9.27% on the ₹150 issue price.

Who is the registrar of the Precision Pipes & Profiles Co. IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app