Prince Pipes and Fittings Limited
18 Dec 2019 – 20 Dec 2019
LISTED
Offer Price
₹177–178
Bid lot
84
Min Application
₹14,952
Issue Size
₹500 Cr
Key dates
Open date
18 Dec 2019
Done
Close date
20 Dec 2019
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
30 Dec 2019
Today
Issue reservation
₹500 CrQIB 50%Retail 35%
QIB
1.40 Cr sh · ₹250.00 Cr
Retail
98.3 L sh · ₹175.00 Cr
BRLM: JM Financial Limited · Edelweiss Financial Services Limited
Lot ladder — how much to bid
1 lot = 84 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
84 sh · ₹14,952
Max · 13 lots
1,092 sh · ₹1,94,376
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
1,176 sh · ₹2,09,328
Max · 66 lots
5,544 sh · ₹9,86,832
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
5,628 sh · ₹10,01,784
Entry point
₹10,01,784 onward
Issue details
Lead managersJM Financial Limited, Edelweiss Financial Services Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
2.86×
0×1×2×3×+
Oversubscribed
Book₹425.00 Cr
Subscribed₹1,216 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,40,44,944₹250.00 Cr | 4,97,19,102₹885.00 Cr | 3.54× |
| HNI | 42,13,483₹75.00 Cr | 50,98,315₹90.75 Cr | 1.21× |
| Retail | 98,31,461₹175.00 Cr | 1,85,81,461₹330.75 Cr | 1.89× |
| Total | 2,38,76,405₹425.00 Cr | 6,83,00,563₹1,216 Cr | 2.86× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 885.00 |
| HNI | 90.75 |
| Retail | 330.75 |
| Total | 1,215.75 |
Amounts at the upper band (₹178). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Prince Pipes and Fittings Limited IPO?
One lot of 84 shares — ₹14,952 at the upper price band of ₹178.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2019-12-30 on NSE.