Thursday, May 9, 2024

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

AIK Pipes and Polymers was once at the beginning included on September 19, 2017, as “AIK Pipes and Polymers Private Limited.” underneath the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Subsequently, the Company was once transformed right into a Public Limited Company, and the identify of the corporate was once modified from “AIK Pipes and Polymers Private Limited” to “AIK Pipes and Polymers Limited” vide contemporary certificates of incorporation dated June 19, 2023, issued by way of the Registrar of Companies, Jaipur.

The corporate has a well-equipped production facility. It has the most recent era and apparatus that is helping within the manufacturing of top of the range HDPE pipes of various sizes. Their production facility is absolutely automatic. The corporate additionally has a well-trained workforce of engineers, technicians, and operators that assist within the manufacturing and high quality regulate of the goods. The merchandise manufactured are authorized by way of more than a few businesses such because the Bureau of Indian Standards (BIS) and additionally from the organisation, Central Institute of Petrochemicals Engineering and Technology, Indian Oil Corporation, and GAIL.

They are registered distributors with executive organizations such because the Public Health Engineering Department and Rajasthan Water Supply & Sewerage Management Board far and wide Rajasthan. The Company has at all times strived to supply its purchasers with the most productive HDPE pipes available in the market. With the assistance of the most recent era and apparatus, the corporate has been in a position to supply top of the range HDPE pipes that don’t seem to be most effective sturdy but additionally inexpensive.

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Objects of the Issue:

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

AIK Pipes and Polymers IPO Review

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 online be offering
NII Quota: 50% of the online be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here

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AIK Pipes and Polymers IPO Market Lot

The AIK Pipes and Polymers IPO minimal marketplace lot is 1600 stocks with a ₹142,400 software quantity.

Application Lot Size Shares Amount
Retail Minimum 1 1600 ₹142,400
Retail Maximum 1 1600 ₹142,400
S-HNI Minimum 2 3200 ₹284,800

AIK Pipes and Polymers IPO Dates

The AIK Pipes and Polymers IPO date is December 26 and the IPO shut date is December 28. The IPO allotment date is December 29 and the IPO would possibly checklist 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 take a look at IPO subscription standing and IPO allotment standing on their respective pages.

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AIK Pipes and Polymers IPO Form

How to use AIK Pipes and Polymers IPO? You can observe AIK Pipes and Polymers IPO by the use of ASBA to be had to your checking account. Just pass to the net financial institution login and observe by the use of your checking account by way of deciding on the AIK Pipes and Polymers IPO within the Invest segment. The different possibility you’ll be able to observe AIK Pipes and Polymers IPO by the use of IPO paperwork obtain by the use of the BSE web page. Check out the AIK Pipes and Polymers paperwork – click on BSE IPO Forms obtain, fill and put up to your financial institution or along with your dealer.

AIK Pipes and Polymers Company Financial Report

₹ in Crores
Year Revenue Expense PAT
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 element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

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

Peer Group

  • Rex Pipes & Cables Industries Limited
  • Prince Pipes and Fittings Ltd
  • 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 standing on Skyline Financial web page URL. Click Here

AIK Pipes and Polymers IPO Lead Managers aka Merchant Bankers

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 elevate ₹15.02 Crores by the use of IPO. The factor is priced at ₹89 in step with fairness percentage. The IPO is to be indexed 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 buyers’ portion for QIB is [.]%, NII is 50%, and Retail is 50%.

How to Apply the AIK Pipes and Polymers IPO?

You can observe AIK Pipes and Polymers IPO by the use of ASBA on-line by the use of your checking account. You too can observe for ASBA on-line by the use of UPI via your inventory agents. You too can observe by the use of your inventory agents by way of filling up the offline shape.

How to Apply the AIK Pipes and Polymers IPO via 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 pass on 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 via Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “AIK Pipes and Polymers”. Click on Bid Button. Confirm your software. Now pass on 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 via Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “AIK Pipes and Polymers”. Click on Bid Button. Confirm your software. Now pass on 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 dimension is ₹15.02 crores.

What is AIK Pipes and Polymers IPO Price Band?

AIK Pipes and Polymers IPO Price Band is ₹89 in step with fairness percentage.

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

The IPO bid is 1600 stocks 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 list date is January 2, 2024. The IPO to checklist on BSE SME.

Note: The AIK Pipes and Polymers IPO main points are introduced formally. The IPO gray marketplace top rate (AIK Pipes and Polymers IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day-to-day updates.)



– Source : IPOWATCH

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