AIK Pipes And Polymers Limited
ListedSMEEmerging SME Services · BSE
AIK Pipes and Polymers Limited, established in 2017, manufactures pipes and fittings used in water distribution, gas transmission, sewerage systems and telecom applications. The company produces HDPE fittings, MDPE pipes and PPR pipes, and operates three leased manufacturing facilities in Jaipur, Rajasthan. AIK has a skilled team of engineers and technicians to maintain production quality, and its products are approved by BIS, CIPET, Indian Oil Corporation and GAIL. The company is also registered with the Government of Rajasthan as a supplier of water and sewer management solutions. In FY23 (till June 30, 2023), AIK reported income of ₹1400.42 lakh and profit of ₹101.97 lakh, and employed 23 people.
Price Band
₹89
Issue Size
₹15.02 Cr
Lot Size
1600 shares
GMP
₹5
+5.6%
Est. Listing
₹94
at current GMP
Subscribed
43.63x
overall
Open
26 Dec 2023
Close
28 Dec 2023
Allotment
29 Dec 2023
Refund
30 Dec 2023
Demat Credit
31 Dec 2023
Listing
2 Jan 2024
Last updated 12 days ago
Key Highlights
- •Leading player in the Indian market segment
- •Price band established at ₹89 - ₹89 per equity share
- •Minimum bid lot is 1600 shares
- •Estimated listing target of ₹94 based on current grey market activity