AIK Pipes And Polymers Limited IPO Date, Price, GMP, Review and Best 3 IPOs to Invest

Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The AIK Pipes And Polymers Limited IPO is going to open soon. So I will give you complete information about AIK Pipes And Polymers Limited IPO here on IPO India.

On this article I will inform you about AIK Pipes And Polymers Limited IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.

About AIK Pipes And Polymers Limited

Established in 2017, AIK Pipes and Polymers Limited is a leading manufacturer specializing in pipes, HDPE fittings, MDPE pipes, and PPR pipes. The company caters to diverse sectors, including water distribution, gas transmission, sewerage systems, and telecommunication. Operating from three state-of-the-art manufacturing facilities in Jaipur, Rajasthan, the company strategically utilizes leased spaces to facilitate its production operations.

AIK Pipes boasts a proficient team comprising skilled engineers, technicians, and operators who play a pivotal role in ensuring the high-quality production of their diverse product range. Recognized and approved by reputable authorities such as the Bureau of Indian Standards (BIS), Central Institute of Petrochemicals Engineering and Technology, Indian Oil Corporation, and GAIL, the company’s products adhere to stringent quality standards.

Registered with the Government of Rajasthan as a certified supplier for water supply and sewerage management, AIK Pipes stands as a reliable contributor to critical infrastructure projects. As of June 30, 2023, the company reported a substantial total income of Rs. 1400.42 lakhs, with an adjusted profit after tax reaching Rs. 101.97 lakhs, showcasing its financial robustness and sustained growth.

AIK Pipes And Polymers Limited IPO GMP

About AIK Pipes And Polymers Limited IPO

Here is some information about AIK Pipes And Polymers Limited IPO which will help you in making a decision to invest in AIK Pipes And Polymers Limited IPO. It appears to be a book-built offer with a total value of Rs ₹15.02 crore, including entirely a fresh issue of 16.88 lakh shares.

Summary of the key details

• Issue Size: Rs 15.02 crores
• Offer for Sale: 16.88 Lakh shares
• Subscription Period: December 26, 2023 to December 28, 2023
• Allotment Date: December 29, 2023
• Listing Date: January 02, 2024

Price Range of AIK Pipes And Polymers Limited IPO

• ₹89 per share

Lot Size of AIK Pipes And Polymers Limited IPO

• Minimum Lot: 1600 Shares.
• Minimum Investment for Retail Investors: ₹142,400

Minimum Lot Size Investments for AIK Pipes And Polymers Limited IPO

• HNI: 2 lots (3200 shares), amounting to ₹284,800.

This information provides potential investors with the details they need to participate in the AIK Pipes And Polymers Limited IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.

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AIK Pipes And Polymers Limited IPO

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Valuations of AIK Pipes And Polymers Limited IPO

AIK Pipes And Polymers Limited Financial Information

Promoter(s)

Company Promotor(s):-

1. Mr. Imran Khan
2. Ms. Tahira Sheikh

If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.

Key Performance Indicator

Issue Objective(s)

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

AIK Pipes And Polymers Limited IPO Registrar

AIK Pipes And Polymers Limited IPO Review

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Conclusion

In conclusion, the AIK Pipes And Polymers Limited IPO presents a compelling investment opportunity for finance enthusiasts seeking to capitalize on the market. Established in 2017, AIK Pipes has positioned itself as a leading manufacturer in the pipes and polymers industry, catering to crucial sectors such as water distribution, gas transmission, sewerage systems, and telecommunications. With a robust financial performance, the company reported a total income of Rs. 1400.42 lakhs as of June 30, 2023, showcasing both financial stability and sustained growth.

Investors can participate in this book-built offer, which amounts to Rs. 15.02 crores, including a fresh issue of 16.88 lakh shares. The IPO subscription period runs from December 26, 2023, to December 28, 2023, with the allotment date set for December 29, 2023, and the listing date on January 02, 2024. The issue price is fixed at Rs. 89 per share, with a minimum lot size of 1600 shares requiring an investment of Rs. 142,400 for retail investors. While the IPO presents a promising opportunity, it is essential for potential investors to conduct thorough research and consider consulting financial professionals, given the inherent risks associated with IPO investments.

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