Prince Pipes IPO subscription to start on 18th December 2019. As per the grey market rates, it was going good at the start but it’s going down and down. The subscription numbers will be affected by it. The IPO Subscribed fully but not as we expected. The subscription numbers 2.21x overall which shows less interest of investors. Let’s see how the stock will list on bourses. Check out Prince Pipes IPO allotment status online. You can check Prince Pipes IPO allotment via application number or pan card.
Prince Pipes IPO Allotment & Listing Details:
Prince Pipes IPO allotment date is 27-December-2019 but the allotment might come on 01-January-2020. As per the subscription numbers, the basis of allotment Prince Pipes is around 2:1.
| Prince Pipes IPO Allotment Date | |
| Prince Pipes Listing Date | 01-Jan-20 |
| Basis of Allotment | 2:1 |
Check Prince Pipes IPO Allotment Here:OR
Log on to https://linkintime.co.in/MIPO/IPO.aspx
Note: Prince Pipes IPO Allotment Status will be available whenever the Registrar of IPO will put on their official sites.
Read Also:
IPO Grey Market Premium
IPO Subscription Numbers
IPO Listing Date
Prince Pipes IPO Subscription Numbers (Fully Subscribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.05x | 0.68x | 3.54x |
| HNI | 0.03x | 0.06x | 1.21x |
| RII | 0.52x | 1.06x | 1.89x |
| EMP | N/A | N/A | N/A |
| Total | 0.28x | 0.74x | 2.21x |
Prince Pipes IPO Dates & Price Band:
| IPO Open: | 18-December-2019 |
| IPO Close: | 20-December-2019 |
| IPO Size: | Approx ₹500 Crore (Approx) |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹177 to ₹178 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Equity: | 30,00,000 Shares |
Prince Pipes IPO Market Lot:
| Lot Size: | Minimum 84 Shares & Maximum 1092 Shares |
| Minimum Amount: | ₹14952 |
| Maximum Amount: | ₹194376 |
Prince Pipes IPO Allotment & Listing:
| Basis of Allotment: | 27-December-2019 |
| Refunds: | 30-December-2019 |
| Credit to Demat Account: | 31-December-2019 |
| Listing Date: | 01-January-2020 |
