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Prince Pipes & Fittings Ltd
Registered Office: Plot No 1 Honda Indl Estat,Phase II Honda Sattari Honda, Goa - 403530, Goa, India.
Phone : 91-22-66022222   Fax:91-22-66022220
Email :  investors@princepipes.com  
Website :  www.princepipes.com
Phone :
Fax :
Email :
Initial Public Offering of 28,089,885 equity shares of face value of Rs. 10 each of Prince Pipes and Fittings Limited (the "company" or the "issuer" and such equity shares, the "equity shares") for cash at a price of Rs. 178 per equity share including a share premium of Rs. 168 per equity share (the "offer price"), aggregating to Rs. 500 Crores* (the "offer"), comprising a fresh issue of 14,044,943 equity shares by the company aggregating to Rs. 250 Crores* (the "fresh issue") and an offer for sale of 14,044,942 equity shares aggregating to Rs. 250 Crores, including 1,123,595 equity shares aggregating to Rs. 20 Crores by Jayant shamji Chheda, 7,865,168 equity shares aggregating to Rs. 140 Crores by Tarla Jayant Chheda, 2,808,988 equity shares aggregating to Rs. 50 Crores by Parag Jayant Chheda and 2,247,191 equity shares aggregating to Rs. 40 Crores by Vipul Jayant Chheda (together, the "promoter selling shareholders" and such offers the "offer for sale"). The offer constitutes 25.53% of the post-offer paid-up equity share capital of the company.^ ^subject to finalisation of basis of allotment The face value of the equity shares is Rs. 10 each. The offer price is 17.80 times the face value of the equity shares. *The company has, in consultation with the book running lead managers ("brlms"), undertaken a private placement of 596,500 compulsorily convertible preference shares, which have been converted into 5,965,000 equity shares for cash consideration aggregating to Rs. 106.18 Crores ("pre-ipo placement"). The size of the fresh issue of up to Rs. 356.18 Crores has been reduced by Rs. 106.18 Crores pursuant to the pre-ipo placement and accordingly the fresh issue is up to Rs. 250 Crores.
Issue Money Payable On
Opens On Closes On Application Allotment
18-Dec-2019 20-Dec-2019 (Rs)178.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos : 84   Further Multiples of : 84
  (Rs Cr) Lead Managers to the Issue
Project Cost 250.00
Project Financed through Current Offer 500.00  
Post Issue Equity Share Capital 110.03  
Issue Price (Rs) 178.00  
Projects
No Data Available
Promoted By
No Data Available
Listing At
No Data Available
Registrar to the Issue
No Data Available
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Left Decrease Increase Right SEBI Equity Reg. No.: INZ000193033   |   Regn. No. NSE: INB/INF/INE 230881235   |   BSE: INB/INF/INE 010881234   |   SEBI Commodity Reg. No.: INZ000028539   |   Membership No.: MCX-10705, NCDEX-0016, ICEX-3003  |   Dubai Gold and Commodity Exchange (DGCX)-3035   |   Indian Energy Exchange (IEX)- Electricity Trading N2DLOAIL0000  |   NSDL- DP ID: IN-DP-NSDL-14-96   |   CDSL DP ID: IN-ID-CDSL-43-99
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