Exchanges
BSE, NSE
Issue
Book building

Prince Pipes & Fittings IPO

₹166.90

−6.24% on listing

Listing-day close · NSE · 30 Dec 2019 · issue price ₹178

Prince Pipes & Fittings’ ₹500 crore IPO was priced at ₹178 a share. It listed on the NSE on 30 Dec 2019 and closed its first day at ₹166.90, down 6.24% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹500 Cr
Fresh issue
₹250 Cr
Offer for sale
₹250 Cr
Lot size
84 shares
Minimum investment
₹14,952
Face value
₹10
Registrar
MUFG Intime India

Subscription

Prince Pipes & Fittings IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.66×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,958 Cr
Promoter holding
87.14% → 63.25%

From the offer documents.

Listing

Listing date
30 Dec 2019
Issue price
₹178
Open
₹160.00
High
₹177.90
Low
₹152.50
Close
₹166.90

Listing day on the NSE. The close was −6.24% on the issue price.

PRINCEPIPE share price today

FAQs

When did the Prince Pipes & Fittings IPO open and close?

It opened on 18 Dec 2019 and closed on 20 Dec 2019.

What was the Prince Pipes & Fittings IPO price?

The price band was ₹177–178 a share. The final issue price was ₹178.

What is the lot size and minimum investment?

One lot is 84 shares, ₹14,952 at ₹178 a share. Retail investors apply in whole lots.

How much did Prince Pipes & Fittings raise?

₹500 crore: ₹250 crore of new shares and ₹250 crore offered by existing shareholders.

How many times was the Prince Pipes & Fittings IPO subscribed?

1.66 times overall.

How did Prince Pipes & Fittings list?

It listed on the NSE on 30 Dec 2019 at ₹160.00 and closed the day at ₹166.90, down 6.24% on the ₹178 issue price.

Who is the registrar of the Prince Pipes & Fittings IPO?

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

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

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