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AIK Pipes And Polymers IPO is a book build IPO listing on BSE SME exchange. The company is based in Jaipur and caters to Plastic And Polymer sector. Shreni Shares is the merchant banker of AIK Pipes And Polymers IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 10th November 2023.
AIK Pipes And Polymers IPO open date is 26th December 2023 and close date is 28th December 2023. IPO Allotment Date is 29th December 2023 and Listing date is 2nd January 2024.AIK Pipes And Polymers IPO size is Rs 15.02 Cr. crores with IPO price of Rs 89.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Shreni Shares Limited is the book-running lead manager of the AIK Pipes And Polymers IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Shreni Shares Limited for AIK Pipes And Polymers IPO.
AIK Pipes And Polymers IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
AIK Pipes And Polymers IPO, based in Jaipur, operates in the Plastic And Polymer sector with a focus on production of high-quality HDPE pipes of different sizes. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. AIK Pipes And Polymers IPO size is ₹ 15.02 Cr. Crores with fresh issue size of Rs 15.02 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for AIK Pipes And Polymers IPO is expected to be 29th December 2023, after the finalization of basis of allotment. Investors can check AIK Pipes And Polymers IPO allotment status on the registrars website, Skyline Financial Services Private Limited. AIK Pipes And Polymers IPO refund dates are 1st January 2024.
AIK Pipes And Polymers IPO is expected to be listed on 2nd January 2024.
The upper price band for the AIK Pipes And Polymers IPO is set at ₹ 89.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on AIK Pipes And Polymers IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the AIK Pipes And Polymers IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 28th December 2023. After submission, funds are blocked until the basis of allotment of AIK Pipes And Polymers IPO is finalised.
The merchant banker for AIK Pipes And Polymers IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the AIK Pipes And Polymers IPO RHP for further details.
The registrar for AIK Pipes And Polymers IPO is Skyline Financial Services Private Limited. Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to AIK Pipes And Polymers IPO through their official website or helpline.
AIK Pipes And Polymers IPO was subscribed 43.57 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 15.02 Cr.
Avg IPO Size (Sector Based)
:
₹ 19.61 Cr.
Sector: Plastic And Polymer
SME IPO so far:
28
Merchant Banker:
Shreni Shares
SME IPO by BRLM so far:
47
City:
Jaipur
SME IPO so far:
31
Revenue (annualised):
₹ 56.00 cr.
PE
Ratio:
13.88x
Average Sector PE Ratio: 20.08x
AIK Pipes And Polymers IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on AIK Pipes And Polymers Financial Review Page
Merchant Banker(s) of AIK Pipes And Polymers IPO: Shreni Shares Limited
AIK Pipes And Polymers IPO subscription was 43.57 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
AIK Pipes And Polymers IPO listed at a listing price of 105.00 against the offer price of 89.00.
The current market price of AIK Pipes And Polymers is 81.00.
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