Prince Pipes IPO Subscription Details

Bookbuilding IPO | ₹500 Cr | Listed at BSE, NSE | Wed, Dec 18, 2019 - Fri, Dec 20, 2019

Basis of Allotment - Prince Pipes IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)56,17,97784,26,9651,40,44,94242,13,48398,31,4602,80,89,885
Allotment price (Rs.)178178178178178178
No.of applications1513282241,36,4961,36,748
No.of shares applied1,99,72,68084,27,4682,84,00,14821,81,0601,60,00,3204,65,81,528
Amount collected (Rs.cr.)355.51 150.01 505.52 38.82 284.81 829.15
No.of times subscribed3.561.002.020.521.631.66
No.of shares allotted68,13,52084,26,9651,52,40,48521,81,0601,06,68,3402,80,89,885
Amount (Rs.cr.)121.28 150.00 271.28 38.82 189.90 500.00
No.of allottees1513282241,27,0041,27,256

IPO Shares Offered

Prince Pipes IPO is a public issue of 2.81 Cr equity shares. The issue offers 0.98 Cr shares to retail investors, 1.40 Cr shares to qualified institutional buyers, and 0.42 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,40,44,942250.00 50.00%
    Anchor 84,26,965 150.00 30.00%
    QIB (Ex Anchor) 56,17,977 100.00 20.00%
NII 42,13,48375.00 15.00%
Retail98,31,460175.00 35.00%
Total2,80,89,885500.00 100%

Prince Pipes IPO Anchor Investor Allocation

A total of 84,26,965 shares at a price of Rs 178 per share will be allotted to the anchor investors.

Anchor investors bid opening dateDec 17, 2019
Anchor investor price₹178.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days42,13,483
No. of shares locked-in for 90 days42,13,483
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 OMAN INDIA JOINT INVESTMENT FUND II OMAN INDIA 28,08,960 50.00 33.33 10.00
2 HDFC FOCUSED FUND HDFC MUTUAL FUND 2,80,560 4.99 3.33 1.00
3 HDFC CHILDREN'S FUND HDFC MUTUAL FUND 2,81,652 5.01 3.34 1.00
4 HDFC INFRASTRUCTURE FUND HDFC MUTUAL FUND 2,80,560 4.99 3.33 1.00
5 ADITYA BIRLA SUN LIFE SMALL CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 5,61,876 10.00 6.67 2.00
6 ADITYA BIRLA SUN LIFE INDIA GENNEXT FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 2,80,896 5.00 3.33 1.00
7 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 8,42,772 15.00 10.00 3.00
8 HDFC LIFE INSURANCE CO.LTD. HDFC LIFE INSURANCE 8,42,772 15.00 10.00 3.00
9 MIRAE ASSET MIDCAP FUND MIRAE ASSET MUTUAL FUND 5,05,344 9.00 6.00 1.80
10 MIRAE ASSET GREAT CONSUMER FUND MIRAE ASSET MUTUAL FUND 3,37,428 6.01 4.00 1.20
11 TATA VALUE FUND-SERIES 1 TATA MUTUAL FUND 6,24,960 11.12 7.42 2.22
12 TATA VALUE FUND-SERIES 2 TATA MUTUAL FUND 2,17,812 3.88 2.58 0.78
13 NEW MARK CAPITAL INDIA FUND I NEW MARK 5,61,373 9.99 6.66 2.00
84,26,965150.0010030.00

IPO Subscription FAQs

The Prince Pipes IPO is subscribed 2.211 times by Dec 20, 2019 17:00.

Prince Pipes IPO Subscription

Investor Category Subscription (times)
Qualified Institutional3.5352
Non Institutional1.2055
Retail Individual1.8852
Total Subscription2.211

Retail category of Prince Pipes IPO subscribed 1.8852 times as of date Dec 20, 2019 17:00. The public issue closes on Fri, Dec 20, 2019 for bidding.

An investor can apply in Prince Pipes IPO online via bank (using ASBA) or the broker (using UPI). The Prince Pipes IPO shares are offered online only.

The Prince Pipes IPO is subscribed 2.211 times by Dec 20, 2019 17:00.

The Prince Pipes IPO allotment status is expected on or around Thursday, December 26, 2019. Visit Prince Pipes IPO allotment status to check.

The Prince Pipes IPO listing date is December 30, 2019. The equity share of Prince Pipes IPO will list on BSE, NSE.

Visit Prince Pipes IPO subscription status page for real-time bidding information about Prince Pipes IPO.

Prince Pipes IPO Timetable

IPO opens OnWednesday, December 18, 2019
IPO Closes OnFriday, December 20, 2019
Finalisation of Basis of AllotmentThursday, December 26, 2019
Initiation of RefundsFriday, December 27, 2019
Credit of Shares to Demat AccountMonday, December 30, 2019
IPO Listing DateMonday, December 30, 2019
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