What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Prince Pipes and Fittings Limited IPO?

Prince Pipes and Fittings Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Prince Pipes and Fittings Limited

ListedMainboard

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

20 Dec 2019

Allotment

27 Dec 2019

Refund

28 Dec 2019

Demat Credit

29 Dec 2019

Listing

30 Dec 2019

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	14,044,944	—	0.00x
Non-Institutional (NII / HNI)	4,213,483	—	0.00x
Retail Individual (RII)	9,831,461	—	0.00x
Total	28,089,888	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	117,041	117,041	1.00x
HNIs (10L +)	749	749	1.00x
HNIs (2-10L)	3,583	3,583	1.00x
Total Applications	121,373	121,373	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Prince Pipes and Fittings Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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.

Frequently Asked Questions

What is Prince Pipes and Fittings Limited IPO GMP today?

Currently, Prince Pipes and Fittings Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹177 to ₹178 per equity share.

What is the expected profit per lot for Prince Pipes and Fittings Limited IPO?

The retail lot size is 84 shares requiring a minimum application amount of ₹14,952. Expected listing price is ₹178 per equity share.

What is the issue size and price band for Prince Pipes and Fittings Limited IPO?

The Prince Pipes and Fittings Limited IPO aggregate issue size is ₹500 Crores with an equity price band set at ₹177 to ₹178 per equity share. The retail lot size is 84 shares requiring a minimum capital outlay of approx. ₹14,952.

How can I check Prince Pipes and Fittings Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Prince Pipes and Fittings Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2019-12-27. Investors can verify status using PAN card or application number.

When is the listing date for Prince Pipes and Fittings Limited IPO?

Prince Pipes and Fittings Limited shares are scheduled to list on NSE and BSE on 2019-12-30.