Prince Pipes IPO Subscription Numbers & Status; IPO Subscribed 2.21x on Day 3

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Prince Pipes IPO to hit the market on 18 December 2019 and closes on 20 December 2019. Prince Pipes is a manufacturer of polymer pipes and fittings. The product range includes CPVC, UPVC, HDPE, PPR and three different polymer fitting types CPVC, PPR, and UPV. The IPO size is around 500 crore rupees with a market lot of 84 shares and a price band of 177-178. Check Prince Pipes IPO GMP by day to day.

Update: Prince Pipes IPO subscribed to 2.21x overall.

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:  ā‚¹10 Per Equity Share
 Price Band:  ā‚¹177 to ā‚¹178  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:  ā‚¹14952
 Maximum Amount:  ā‚¹194376

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

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.