AIK Pipes IPO GMP, Review, Price, Allotment

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AIK Pipes IPO GMP

AIK Pipes IPO description – AIK Pipes and Polymers is involved in the production of a diverse range of HDPE (High-density polyethylene) pipes, HDPE fittings, MDPE (Medium-density polyethylene) pipes, and PPR (Polypropylene random) pipes. These products cater to various applications such as water distribution, gas transmission, sewerage systems, and the telecom sector.

The organization operates a fully automated manufacturing facility. Additionally, the company boasts a highly skilled team comprising engineers, technicians, and operators. This team plays a crucial role in both the production and quality control processes of the manufactured products. The approval of the products comes from reputable agencies, including the Bureau of Indian Standards (BIS), Central Institute of Petrochemicals Engineering and Technology, Indian Oil Corporation, and GAIL.

AIK Pipes and Polymers is a registered vendor with government organizations, including the Public Health Engineering Department and Rajasthan Water Supply & Sewerage Management Board, across the entire region of Rajasthan. AIK Pipes holds ISO 9001:2015 certification, affirming its commitment to delivering the highest quality products to customers through the implementation of a rigorous Quality Management System.

AIK Pipes and Polymers IPO

Promoters of AIK Pipes and Polymers – Mr. Imran Khan, and Ms. Tahira Sheikh


AIK Pipes IPO Details

AIK Pipes IPO Dates26 – 28 December 2023
AIK Pipes Issue PriceINR 89 per share
Fresh issue1,688,000 shares (INR 15.02 crore)
Offer For SaleNil
Total IPO size1,688,000 shares (INR 15.02 crore)
Minimum bid (lot size)1,600 shares (INR 142,400)
Face Value INR 10 per share
Retail Allocation50%
Listing OnBSE SME

AIK Pipes and Polymers Financial Performance

 FY 2021FY 2022FY 2023Q1 FY 2024
Revenue10.0820.4230.4813.77
Expenses984.2019.6428.2712.64
Net income0.270.881.881.02
Figures in INR Crores unless specified otherwise

AIK Pipes and Polymers Offer News


AIK Pipes Valuations & Margins

FY 2021FY 2022FY 2023
EPS1.933.514.13
PE ratio––21.55
RONW (%)31.8143.3533.50
NAV21.2128.9743.96
ROCE (%)21.7115.9217.90
EBITDA (%)5.137.419.97
Debt/Equity 4.512.130.96
*Compiled by IPO Central from Prospectus

AIK Pipes IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
1 January 20249–10,000
30 December 20238–7,000
29 December 20238–7,000
28 December 20235––

AIK Pipes IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered886,400801,6001,688,000
28 Dec 202350.9230.9141.42
27 Dec 20236.1414.7310.22
26 Dec 20230.342.001.13

AIK Pipes IPO Allotment Status

AIK Pipes IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.


AIK Pipes IPO Dates & Listing Performance

IPO Opening Date26 December 2023
IPO Closing Date28 December 2023
Finalization of Basis of Allotment29 December 2023
Initiation of refunds1 January 2024
Transfer of shares to demat accounts1 January 2024
IPO Listing Date2 January 2024
Opening Price on BSE SMEINR 100 per share (up 12.36%)
Closing Price on BSE SMEINR 105 per share (up 17.98%)

AIK Pipes and Polymers IPO Lead Manager

SHRENI SHARES LIMITED
A/007, Western Edge – II, Kanakia Space,
Behind Metro Mall, off Western Express Highway,
Magathane, Borivali East, Mumbai – 400066, Maharashtra
Phone: 022 2089 7022
Email: [email protected]
Website: www.shreni.in


AIK Pipes Offer Registrar

SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, First Floor, Okhla Industrial Area,
Phase-I, New Delhi, 110020
Phone: 011-40450193-197
Email: [email protected]
Website: www.skylinerta.com


AIK Pipes IPO Contact Details

AIK PIPES AND POLYMERS LIMITED
F-9 Vinayak Enclave, Vaishali Nagar,
Jaipur-302021, Rajasthan, India
Phone: +91 9672749800
E-mail: [email protected]
Website: www.aikpipes.com


IPO FAQs

What is the AIK Pipes and Polymers IPO size?

AIK Pipes offer size is INR 15.02 crores.

What is the AIK Pipes and Polymers IPO price band?

AIK Pipes public offer price is INR 89 per share.

What is the lot size of the AIK Pipes IPO?

AIK Pipes offer lot size is 1,600 shares.

What is AIK Pipes IPO GMP today?

AIK Pipes IPO GMP today is INR 9 per share.

What is the AIK Pipes kostak rate today?

AIK Pipes kostak rate today is NA per application.

What is AIK Pipes Subject to Sauda rate today?

AIK Pipes Subject to Sauda rate today is INR 10,000 per application.

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