
Industrials / Manufacturing Sector · NSE / BSE
Prince Pipes and Fittings Limited, established in 1987 and headquartered in Mumbai, is engaged in manufacturing polymer pipes and fittings, offering CPVC, UPVC, HDPE, and PPR pipes along with fittings in CPVC, UPVC, and PPR under the brand names Trubore and Prince Piping Systems. The company has a strong presence across North, South, and West India and offers a wide product portfolio with more than 7,000 items. It operates five manufacturing units in Haridwar, Athal, Dadra, Kolhapur, and Chennai, along with two contract manufacturing units in Hajipur and Aurangabad, and is planning additional facilities in Jobner, Rajasthan and Sangareddy, Telangana. To support its distribution network, the company maintains 10 warehouses, with Prince Piping Systems products sold through 843 distributors to wholesalers, retailers, and plumbers, while the Trubore brand is supplied directly to 212 wholesalers and retailers.
Price Band
₹177 – ₹178
Issue Size
₹500 Cr
Lot Size
84 shares
GMP
Est. Listing
₹178
at current GMP
Subscribed
—
Open
18 Dec 2019
Close
20 Dec 2019
Allotment
27 Dec 2019
Refund
28 Dec 2019
Demat Credit
29 Dec 2019
Listing
30 Dec 2019
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹178
Band: ₹177 – ₹178
Estimated Listing Price
₹178
Upper price + GMP
Lot Size
84 shares
Min investment ₹14,952
Estimated Profit / Lot
₹0
84 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹178 |
| 30 Oct 2026 | — | 0.0% | ₹178 |
| 29 Oct 2026 | — | 0.0% | ₹178 |
GMP is unofficial market data. Not a guarantee of listing performance.
Prince Pipes and Fittings Limited is bringing an initial public offering (IPO) in the Industrials / Manufacturing Sector sector with an aggregate issue size of ₹500 Crores. The shares are offered at a price band of ₹177 to ₹178 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2019-12-20, the basis of allotment is scheduled to be finalized on 2019-12-27. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest grey market premium for Prince Pipes and Fittings Limited IPO is ₹0, which indicates an expected listing price of ₹178.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.