IPO

Aik Pipes & Polymers Ltd

  • Registered Office: F-9 Vinayak Enclave,Vaishali Nagar, Jaipur - 302021, Rajasthan, India. Phone : +91 9672749800 +91 7014671502   Fax:
  • Email : info@aikpipes.com
  • Website :www.aikpipes.com
Initial public issue of 16,88,000 equity shares of Rs. 10/- each ("Equity Shares") of AIK Pipes and Polymers Limited ("AIK" or the "Company" or the "Issuer") for cash at a price of Rs. 89/- per equity share including a share premium of Rs. 79/- per equity share (the "Issue Price"), aggregating to Rs. 15.02 crores ("The Issue"), of which 84,800 equity shares of Rs. 10/- each for cash at a price of Rs. 89/- per equity share including a share premium of Rs. 79/- per equity share aggregating to Rs. 0.75 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less market maker reservation portion i.e. issue of 16,03,200 equity shares of Rs. 89/- each including a share premium of Rs. 79/- per equity share aggregating to Rs. 14.27 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 26.53% and 25.20%, respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10/- and the issue price is Rs. 89/- the issue price is 8.9 times of the face value.
Issue
Opens On Closes On
26-Dec-23 28-Dec-23
Money Payable On
Application Allotment
89.00 0.00
Minimum Application for shares in Nos : 1600 Further Multiples of : 1600
Cr Lead Managers to the Issue
Project Cost (.Cr) 13.02 Shreni Shares Ltd
Project Financed through Current Offer (.Cr) 15.02  
Post Issue Equity Share Capital (.Cr) 6.36
Issue Price () 89.00
Projects
To meet the capital expenditure
To meet working capital requirement
General corporate expenses
Promoted By
Imran Khan
Tahira Sheikh
Listing At
BSE - SME
Registrar to the Issue
No Data Available