AIK Pipes and Polymers IPO Date, Review, Price, Allotment Details

AIK Pipes and Polymers IPO Details: AIK Pipes and Polymers IPO date is fixed, The IPO will open on December 26 and will close on December 28. AIK Pipes and Polymers is an BSE SME IPO to raise ₹15.02 crores via IPO. The AIK Pipes and Polymers IPO price band is fixed at ₹89 with a market lot of 1600 shares.

AIK Pipes and Polymers IPO

Table of Contents

AIK Pipes and Polymers was originally incorporated on September 19, 2017, as “AIK Pipes and Polymers Private Limited.” under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Subsequently, the Company was converted into a Public Limited Company, and the name of the company was changed from “AIK Pipes and Polymers Private Limited” to “AIK Pipes and Polymers Limited” vide fresh certificate of incorporation dated June 19, 2023, issued by the Registrar of Companies, Jaipur.


The company has a well-equipped manufacturing facility. It has the latest technology and equipment that helps in the production of high-quality HDPE pipes of different sizes. Their manufacturing facility is fully automated. The company also has a well-trained team of engineers, technicians, and operators that help in the production and quality control of the products. The products manufactured are approved by various agencies such as the Bureau of Indian Standards (BIS) and also from the organisation, Central Institute of Petrochemicals Engineering and Technology, Indian Oil Corporation, and GAIL.

They are registered vendors with government organizations such as the Public Health Engineering Department and Rajasthan Water Supply & Sewerage Management Board all over Rajasthan. The Company has always strived to provide its clients with the best HDPE pipes in the market. With the help of the latest technology and equipment, the company has been able to produce high-quality HDPE pipes that are not only durable but also affordable.


Objects of the Issue:

  • To Meet Working Capital Requirement.
  • To Meet the Capital Expenditure.
  • General Corporate Purpose

AIK Pipes and Polymers IPO Review

  • May Apply

AIK Pipes and Polymers IPO Date & Price Band Details

IPO Open:December 26, 2023
IPO Close:December 28, 2023
IPO Size:Approx ₹15.02 Crores, 1,688,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹89 Per Equity Share
IPO Listing on:BSE SME
Retail Quota:50% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

AIK Pipes and Polymers IPO Market Lot

The AIK Pipes and Polymers IPO minimum market lot is 1600 shares with a ₹142,400 application amount.

ApplicationLot SizeSharesAmount
Retail Minimum11600₹142,400
Retail Maximum11600₹142,400
S-HNI Minimum23200₹284,800

AIK Pipes and Polymers IPO Dates

The AIK Pipes and Polymers IPO date is December 26 and the IPO close date is December 28. The IPO allotment date is December 29 and the IPO might list on January 2.

IPO Open Date:December 26, 2023
IPO Close Date:December 28, 2023
Basis of Allotment:December 29, 2023
Refunds:January 1, 2024
Credit to Demat Account:January 1, 2024
IPO Listing Date:January 2, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

AIK Pipes and Polymers IPO Form

How to apply AIK Pipes and Polymers IPO? You can apply AIK Pipes and Polymers IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the AIK Pipes and Polymers IPO in the Invest section. The other option you can apply AIK Pipes and Polymers IPO via IPO forms download via the BSE website. Check out the AIK Pipes and Polymers forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.


AIK Pipes and Polymers Company Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹10.21₹9.84₹0.27
2022₹20.91₹19.64₹0.88
2023₹30.78₹28.27₹1.88
2024 3M₹14.00₹12.64₹1.02

AIK Pipes and Polymers IPO Valuation – FY2023

Check AIK Pipes and Polymers IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹4.13 per Equity Share
Price/Earning P/E Ratio:21.54
Return on Net Worth (RoNW):33.50%
Net Asset Value (NAV):₹43.96 per Equity Share

Peer Group

  • Rex Pipes & Cables Industries Limited
  • Prince Pipes and Fittings Ltd

Company Promoters

  • Mr. Imran Khan
  • Ms. Tahira Sheikh

AIK Pipes and Polymers IPO Registrar

Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/

AIK Pipes and Polymers IPO Allotment Status

Check AIK Pipes and Polymers IPO allotment status on Skyline Financial website URL. Click Here

AIK Pipes and Polymers IPO Lead Managers aka Merchant Bankers

  • Shreni Shares Limited

Company Address

AIK Pipes and Polymers Limited
F-9 Vinayak Enclave,
Vaishali Nagar
Jaipur 302021
Phone: +91-9672749800
Email: [email protected]
Website: https://www.aikpipes.com/

AIK Pipes and Polymers IPO FAQs


What is AIK Pipes and Polymers IPO?

AIK Pipes and Polymers IPO is a BSE SME IPO. They are going to raise ₹15.02 Crores via IPO. The issue is priced at ₹89 per equity share. The IPO is to be listed on BSE.

When AIK Pipes and Polymers IPO will open?

The IPO is to open on December 26, 2023 for NII, and Retail Investors.

What is AIK Pipes and Polymers IPO Investors Portion?

The investors’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

How to Apply the AIK Pipes and Polymers IPO?

You can apply AIK Pipes and Polymers IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the AIK Pipes and Polymers IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “AIK Pipes and Polymers”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the AIK Pipes and Polymers IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “AIK Pipes and Polymers”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the AIK Pipes and Polymers IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “AIK Pipes and Polymers”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is AIK Pipes and Polymers IPO Size?

AIK Pipes and Polymers IPO size is ₹15.02 crores.

What is AIK Pipes and Polymers IPO Price Band?

AIK Pipes and Polymers IPO Price Band is ₹89 per equity share.

What is AIK Pipes and Polymers IPO Minimum and Maximum Lot Size?

The IPO bid is 1600 shares with ₹142,400.

What is AIK Pipes and Polymers IPO Allotment Date?

AIK Pipes and Polymers IPO allotment date is December 29, 2023.

What is AIK Pipes and Polymers IPO Listing Date?

AIK Pipes and Polymers IPO listing date is January 2, 2024. The IPO to list on BSE SME.

Note: The AIK Pipes and Polymers IPO details are announced officially. The IPO grey market premium (AIK Pipes and Polymers IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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