IPO Price History
Closed
Prince Pipes and Fittings Limited logo

Prince Pipes and Fittings Limited IPO

Mainboard IPOListedPRINCEPIPENSE
Current Market Price (CMP)
₹251(+41.01%)
Current Price (CMP)
₹251(+41.01%)

Live Market Quote

Listing Price & Gain
₹160(-10.11%)

Day 1 Exchange Open

IPO Issue Price
₹178

Band: ₹177 - ₹178

Total Subscription
2.21x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
18 Dec 2019
IPO Bidding Closes
20 Dec 2019
Allotment & Refunds
Completed
Exchange Listing Day
30 Dec 2019

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 2.21x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)3.54x
Non-Institutional Investors (NII / HNI)1.21x
Retail Individual Investors (RII)1.89x
Total Subscription2.21x
Updated as on 20th Dec 2019 at 1700 hrs

Listing Day & Return Performance

Listing Day Gain-10.11%
₹178 (Issue) → ₹160 (List)
Per share profit: ₹-18.00
Holding Return (Till Date)+41.01%
₹178 (Issue) → ₹251 (CMP)
Net gain per share: +₹73.00
Post-Listing Performance (Listing Day → Today):+56.88%

About Prince Pipes and Fittings Limited IPO

Prince Pipes and Fittings Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 18 Dec 2019 and concluded on 20 Dec 2019, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹177 - ₹178.

During the bidding window, Prince Pipes and Fittings Limited recorded an overall subscription of 2.21 times. Institutional investors (QIB) subscribed 3.54x, non-institutional high-net-worth investors (NII) subscribed 1.21x, and retail individual investors (RII) bid 1.89x their reserved quota.

The equity shares of Prince Pipes and Fittings Limited officially debuted on the stock exchanges on 30 Dec 2019 at an opening listing price of ₹160, delivering a listing day return of -10.11% (discount) over the final issue price. As per the latest market data, the stock trades at ₹251, representing an overall gain of +41.01% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Prince Pipes and Fittings Limited IPO?
The issue price of Prince Pipes and Fittings Limited IPO was fixed at ₹178 per equity share. The indicative bidding price band was ₹177 - ₹178.
What were the open, close, and listing dates for Prince Pipes and Fittings Limited IPO?
Prince Pipes and Fittings Limited IPO opened on 18 Dec 2019, closed on 20 Dec 2019, listed on 30 Dec 2019.
How much was Prince Pipes and Fittings Limited IPO subscribed?
The IPO received an overall subscription of 2.21 times. Category-wise, QIBs subscribed 3.54x, NIIs subscribed 1.21x, and Retail investors subscribed 1.89x.
What was the listing price and listing gain of Prince Pipes and Fittings Limited IPO?
Prince Pipes and Fittings Limited IPO listed on the stock exchange at ₹160, delivering a listing discount of 10.11% compared to the IPO issue price of ₹178.
Is Prince Pipes and Fittings Limited IPO a Mainboard or SME IPO?
Prince Pipes and Fittings Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Prince Pipes and Fittings Limited IPO since its IPO?
At the latest market quote of ₹251, Prince Pipes and Fittings Limited IPO has generated an all-time return of +41.01% since its initial public offering.

Related Mainboard IPOs (2019)

UJJIVANSFB
Ujjivan Small Finance Bank Limited
₹37+58.78%
CSBBANK
CSB Bank Limited
₹195+41.03%
VISHWARAJ
Vishwaraj Sugar Industries Limited
₹60-79.58%
IRCTC
Indian Railway Catering and Tourism Corporation Limited
₹320-60.88%