AIK Pipes And Polymers Limited IPO
₹89
1600
43.57
| Open Date: | 26-Dec-2023 |
| Close Date: | 28-Dec-2023 |
| Allotment Date: | 29-Dec-2023 |
| Listing Date: | 02-Jan-2024 |
| Listing Price: | ₹118.27/- |
| Face Value: | ₹10 Per Equity Share |
| Issue Price: | ₹89 Per Equity Share |
| Issue Size: | Total Issue Size 1,688,000 shares (aggregating up to ₹15.02 Cr) : Fresh Issue 1,688,000 shares (aggregating up to ₹15.02 Cr) |
| Market Lot (Min Amount): | Retail - ₹142,400 : HNI - ₹284,800 |
As on | QIB / Nll | Rll | Total |
|---|---|---|---|
| Shares Offered/Reserved | 801,600 | 801,600 | 1,603,200 |
| Day 1 - 26-12-23 05:00 PM | 0.37x | 2.00x | 1.19x |
| Day 2 - 27-12-23 05:00 PM | 1.05x | 6.39x | 4.72x |
| Day 3 - 28-12-23 05:00 PM | 52.17x | 30.93x | 43.57x |
| Total No. of Application: | 18,333 (Approx.) | ||
| Retail Subscription on the basis of Apps: | 36.59x | ||
| Earning Per Share(EPS) | ₹4.13/- |
| P/E Ratio | 21.54 |
| RoNW | 33.50% |
| Net Asset Value (NAV) - Post Issue: | ₹14.17/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Jun,2023 | 1,638.56 | 1,400.42 | 101.97 |
| 31 Mar,2023 | 1,450.50 | 3,077.92 | 187.74 |
| 31 Mar,2022 | 968.13 | 2,090.84 | 87.90 |
| 31 Mar,2021 | 739.75 | 1,020.54 | 26.99 |
| Pre Issue Share Holding | 100% |
| Post Issue Share Holding | 73.47% |
| 1. Mr. Imran Khan |
| 2. Ms. Tahira Sheikh |
The Net Proceeds from the Fresh Issue will be utilized towards the following objects:
- To Meet Working Capital Requirement
- To Meet the Capital Expenditure
- General Corporate Purpose
Founded in 2017, AIK Pipes and Polymers Limited manufactures pipes, HDPE fittings, MDPE pipes and PPR pipes for the water distribution, gas transmission, sewerage systems, and telecommunication sectors.
The company has 3 manufacturing facilities in Jaipur, Rajasthan which are operated on a lease basis.
The company has a competent team of engineers, technicians and operators who play an important role in the production and quality control of the products.
These products are approved by several authorities including the Bureau of Indian Standards (BIS), Central Institute of Petrochemicals Engineering and Technology, Indian Oil Corporation and GAIL.
AIK Pipes is registered with the Government of Rajasthan as a supplier of water supply and sewerage management.
As of June 30, 2023, the company recorded a total income of Rs. 1400.42 lakhs and an adjusted profit after tax of Rs. 101.97 lakhs.
The company is an ISO 9001:2015 certified company. As of June 30, 2023, the company had 23 employees on its payroll.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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