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.
Promoters of AIK Pipes and Polymers – Mr. Imran Khan, and Ms. Tahira Sheikh
Table of Contents
AIK Pipes IPO Details
AIK Pipes IPO Dates | 26 – 28 December 2023 |
AIK Pipes Issue Price | INR 89 per share |
Fresh issue | 1,688,000 shares (INR 15.02 crore) |
Offer For Sale | Nil |
Total IPO size | 1,688,000 shares (INR 15.02 crore) |
Minimum bid (lot size) | 1,600 shares (INR 142,400) |
Face Value | INR 10 per share |
Retail Allocation | 50% |
Listing On | BSE SME |
AIK Pipes and Polymers Financial Performance
 | FY 2021 | FY 2022 | FY 2023 | Q1 FY 2024 |
Revenue | 10.08 | 20.42 | 30.48 | 13.77 |
Expenses | 984.20 | 19.64 | 28.27 | 12.64 |
Net income | 0.27 | 0.88 | 1.88 | 1.02 |
AIK Pipes and Polymers Offer News
- AIK Pipes and Polymers RHP
- AIK Pipes Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
AIK Pipes Valuations & Margins
FY 2021 | FY 2022 | FY 2023 | |
EPS | 1.93 | 3.51 | 4.13 |
PE ratio | – | – | 21.55 |
RONW (%) | 31.81 | 43.35 | 33.50 |
NAV | 21.21 | 28.97 | 43.96 |
ROCE (%) | 21.71 | 15.92 | 17.90 |
EBITDA (%) | 5.13 | 7.41 | 9.97 |
Debt/Equity | 4.51 | 2.13 | 0.96 |
AIK Pipes IPO GMP Today
Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
1 January 2024 | 9 | – | 10,000 |
30 December 2023 | 8 | – | 7,000 |
29 December 2023 | 8 | – | 7,000 |
28 December 2023 | 5 | – | – |
AIK Pipes IPO Subscription – Live Updates
Category | Non-retail | Retail | Total |
---|---|---|---|
Shares Offered | 886,400 | 801,600 | 1,688,000 |
28 Dec 2023 | 50.92 | 30.91 | 41.42 |
27 Dec 2023 | 6.14 | 14.73 | 10.22 |
26 Dec 2023 | 0.34 | 2.00 | 1.13 |
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 Date | 26 December 2023 |
IPO Closing Date | 28 December 2023 |
Finalization of Basis of Allotment | 29 December 2023 |
Initiation of refunds | 1 January 2024 |
Transfer of shares to demat accounts | 1 January 2024 |
IPO Listing Date | 2 January 2024 |
Opening Price on BSE SME | INR 100 per share (up 12.36%) |
Closing Price on BSE SME | INR 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:Â [email protected]
Website:Â 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:Â 011-40450193-197
Email:Â [email protected]
Website:Â 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.