AIK Pipes IPO GMP Today ( Grey Market Premium )

AIK Pipes IPO GMP Today

The AIK Pipes IPO commenced on December 26, 2023, and concluded on December 28, 2023. The allotment of shares took place on December 29, 2023, and the initiation of refunds began on January 1, 2023. The shares were credited to the demat accounts of investors on January 1, 2023. Finally, the listing of AIK Pipes on the stock exchange occurred on January 2, 2023.

The AIK Pipes IPO was priced at ₹89 per share, with a lot size of 1600 shares. The total issue size was ₹15.02 crores, comprising a fresh issue of ₹15.02 crores. The IPO was listed on the BSE SME.

In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.

AIK Pipes IPO Basic Details

Company NameAIK Pipes And Polymers Limited
Domain of CompanyManufacturing Pipes
AIK Pipes IPO GMP Today₹0
AIK Pipes IPO Listing Gain0.00%
AIK Pipes IPO Open DateDecember 26, 2023
AIK Pipes IPO Close DateDecember 28, 2023
AIK Pipes IPO Allotment DateDecember 29, 2023
AIK Pipes IPO Listing DateJanuary 2, 2023
Face Value₹10 per share
Price₹89 per share
Lot Size1600 Shares
Issue Size1,688,000 shares of ₹10
(aggregating up to ₹15.02 Cr)
Fresh Issue1,688,000 shares of ₹10
(aggregating up to ₹15.02 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Company PromotersMr. Imran Khan and Ms. Tahira Sheikh

AIK Pipes IPO GMP Today:

DateGMPListing GainKostakSubject to
24 December 2023₹00.00%

AIK Pipes and Polymers IPO Details:

Established in 2017, AIK Pipes and Polymers Limited creates pipes and fittings like HDPE, MDPE, and PPR pipes. These are crafted for various uses, such as water distribution, gas transmission, sewerage systems, and telecommunications.

Operating from three facilities in Jaipur, Rajasthan, which are leased, the company relies on a skilled team of engineers, technicians, and operators. They play a vital role in both the production and quality control of the products.

The pipes and fittings are approved by several authorities, including the Bureau of Indian Standards (BIS), Central Institute of Petrochemicals Engineering and Technology, Indian Oil Corporation, and GAIL.

AIK Pipes holds a registration with the Government of Rajasthan as a supplier for water supply and sewerage management.

As of June 30, 2023, the company reported a total income of Rs. 1400.42 lakhs and an adjusted profit after tax of Rs. 101.97 lakhs.

The company is proud to be an ISO 9001:2015 certified entity. As of June 30, 2023, the company had 23 employees on its payroll.

AIK Pipes IPO More Details Click Here


When is AIK Pipes IPO open?

AIK Pipes IPO will open on 26 December 2023.

When is AIK Pipes IPO Close?

AIK Pipes IPO will be closed on 28 December 2023.

What is AIK Pipes IPO GMP Today?

The AIK Pipes IPO GMP aka Grey Market Premium is ₹0.

What is AIK Pipes IPO Kostak Rates Today?

The AIK Pipes IPO Kostak Rate is ₹000.

What is AIK Pipes IPO Subject to Sauda Price Today?

The AIK Pipes IPO subject to sauda rates is ₹000.

AIK Pipes IPO Expected Returns?

The AIK Pipes expected return is 0.00%.

How much will be the listing gain in AIK Pipes IPO?

AIK Pipes IPO will get listing gain of 0.00%. (Approx.)

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