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Tijaria Polypipes Ltd IPO (Tijaria Polypipes IPO) Detail

September 27, 2011 - September 29, 2011

Tijaria Polypipes IPO is a fixed price issue of Rs 60.00 crores.

Tijaria Polypipes IPO bidding started from September 27, 2011 and ended on September 29, 2011. The shares got listed on BSE, NSE on October 14, 2011.

Tijaria Polypipes IPO price is ₹60 per share. The minimum lot size for an application is 100 Shares. The minimum amount of investment required by retail investors is ₹6,000.

Hem Securities Limited is the book running lead manager of the Tijaria Polypipes IPO, while Sharex Dynamic (India) Pvt Ltd is the registrar for the issue.

Refer to Tijaria Polypipes IPO DRHP for detailed information.

Tijaria Polypipes IPO Details

IPO Date September 27, 2011 to September 29, 2011
Listing Date October 14, 2011
Face Value ₹10 per share
Price ₹60 per share
Lot Size 100 Shares
Total Issue Size[.] shares
(aggregating up to ₹60.00 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE, NSE

Tijaria Polypipes IPO Lot Size

Investors can bid for a minimum of 100 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 100 ₹6,000
Retail (Max) 33 3300 ₹198,000
Lot Size Calculator

About Tijaria Polypipes Ltd

Incorporated in 2006, Tijaria Polypipes Ltd is an ISO 9001:2000 Certified company engaged in the business of plastic pipes. Tijaria is manufacturing of pre-lubricated HDPE pipes (PLB HDPE), PVC & SWR pipes, sprinkler pipes and systems, flat tubes, fittings and PET straps under the registered brand name of Tijaria and Vikas. The company produces a big product range in the field of plastics, HDPE sprinkler, drip irrigation, micro irrigation, telecommunications etc.

Tijaria's product offerings include HDPE pipes, PVC pipes, LLDPE pipes, HDPE DWC pipes, PLB HDPE Ducts, MDPE pipes, uPVC RIGID & BLUE CASING pipes, Pet Granules, MICRO/DRIP Irrigation System, SWR PIPES & FITTINGS, PPR Pipes & Fittings, HDPE Sprinkler System. These products are used in irrigation, telecommunication, industrial, and infrastructure and housing sector. Total production capacity of Tijaria Polypipes is 25163 million tonnes per annum (MTPA).

Objects of the Issue (Tijaria Polypipes IPO Objectives)

The Objects of the Issue are:

1. Implementation of the Company�s Expansion cum Diversification Project;
2. Meeting Preliminary and Capital Issue expenses;
3. Meeting Pre Operative expenses;
4. Provision for Contingencies;
5. Provide Working Capital Margin;
6. To get the Equity shares of the Company listed on BSE and NSE.

Tijaria Polypipes IPO Review (Avoid)

[Dilip Davda]  Avoid. For 2010-11 it posted net profit of Rs. 6.90 crore on a turnover of Rs. 118.60 crore that gives EPS of Rs. 2.80 on the post IPO equity translating in P/E of 21 plus against its peer that quotes around 6 P/E and more that 2 P/BV. Read detail review...

Tijaria Polypipes IPO Grading

ICRA has assigned an IPO Grade 2 to Tijaria Polypipes IPO. This means as per ICRA, company has 'Below Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.

Tijaria Polypipes IPO Prospectus

Tijaria Polypipes IPO Rating

77
3.6
Rating:Rated 3.6 stars
Vote Here ...

Tijaria Polypipes IPO Listing Details

Listing Date October 14, 2011
BSE Script Code 533629
NSE Symbol TIJARIA
ISIN INE440L01017
Final Issue Price ₹60 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE
₹60.00
₹62.00
₹16.05
₹67.80
₹18.10
NSE
₹60.00
₹61.00
₹16.50
₹67.75
₹18.60

Check IPO Performance…

Tijaria Polypipes Ltd Contact Details

Tijaria Polypipes Ltd
A-130(E) Road No. 9 - D,
Vishwakarma Industrial Area,
Jaipur - 302013, Rajasthan, India
Phone: 91-141-2333722/23/3218100
Email: ipo@tijaria-pipes.com
Website: http://www.tijaria-pipes.com

Tijaria Polypipes IPO Registrar

Sharex Dynamic (India) Pvt Ltd

Phone: +91- 22 - 2851 5606
Email: info@sharexindia.com
Website:

Tijaria Polypipes IPO - Buy or Not

Tijaria Polypipes IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 2
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

Tijaria Polypipes IPO FAQs

Tijaria Polypipes IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹60.00 Crores. The issue is priced at ₹60 per share. The minimum order quantity is 100 Shares.

The IPO opens on September 27, 2011, and closes on September 29, 2011.

Sharex Dynamic (India) Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Tijaria Polypipes IPO opens on September 27, 2011 and closes on September 29, 2011.

Tijaria Polypipes IPO lot size is 100 Shares, and the minimum amount required is ₹6,000.

You can apply in Tijaria Polypipes IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Tijaria Polypipes IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Tijaria Polypipes IPO allotment status.

The Tijaria Polypipes IPO listing date is on October 14, 2011.
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Tijaria Polypipes IPO Message Board

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182 Comments

181. praveen kumat |   Link |  Bookmark |November 2, 2011 1:01:05 PM
THE PROMOTERS OF THIS COMPANY ARE CHEATERS. THEY HAVE CHEATED PUBLIC EARLIER ALSO BY FLOATING A COMPANY AND THEN CLOSED IT DOWN. THE SHARE WILL NEVER TOUCH ITS ISSUE PRICE AGAIN AND WILL GO DOWN TO RS 20 IN NEAR FUTURE. BEWARE OF THIS CHEATER COMPANY.
180. RAM JAIPUR WALE |   Link |  Bookmark |November 1, 2011 3:15:21 PM
MONEY LENA THA COAL INDIA ME OPRATORO KO LIYA
BUT DENA HA TO NAHI DENA
SABI OPRATOR KO RASTE KE BICH KADA KARKE CHAPALO SE MARO.
179. alpesh jain |   Link |  Bookmark |October 22, 2011 5:56:04 PM
How come a company's price can be down upto 75%
179.1. Jackpoat |   Link |  Bookmark |October 22, 2011 7:56:46 PM (200+ Posts)
due to overpriced
178. ronak khandelwal |   Link |  Bookmark |October 17, 2011 11:41:45 PM
thank you priya and jackpoat to advice me and will u further advice me for taksheel and flexituff to stay or to hold as today it was 2nd rating company one life ...... had been increasing consistently.please advice
177. Priya Jain |   Link |  Bookmark |October 17, 2011 3:29:38 PM
Thanks Jackpoat for your quick response. Strange, while we are talking it’s started bouncing back again. This stock is still on rollercoaster. Let’s see where it goes. I believe 15 is a good price to start with.
176. Jackpoat |   Link |  Bookmark |October 17, 2011 3:21:33 PM (200+ Posts)
Priya Jain ,Tijaria fair value is 20 rupees. always enters this type of stock with 50% or more discount.I think you will enter it from 10 range.not now because more downfall waited
175. Priya Jain |   Link |  Bookmark |October 17, 2011 3:03:46 PM
Hello Friends,
Tijaria is further down and will close at -20%. Is it worth entering at this level?

Ronak, I feel you should start accumulating this stock at current level to reduce your losses. But as even at this point its risky, you can start buying in small quantity.

174. ronak khandelwal |   Link |  Bookmark |October 17, 2011 1:04:10 PM
I AM AT A HUGE LOSS IN THIS SHARE BECOZ I HADNT SOLD THIS SHARE YET FROM THE DAY OF LISTING.I GOT THIS SHARE AT THE PRICE OF 60RS/SHARE.SO PLEASE ADVICE ME TO SELL AT CMP OR TO HOLD THIS SHARE.ANY ONE WHO HAVING KNOWLEDGE ABOUT THIS SHARE PLEASE ADVICE ME..
173. Greed & Fear |   Link |  Bookmark |October 17, 2011 1:04:02 PM
Have a look over here, even the experts (big big players) got trap into this issue.........Smart Operators....

http://www.bseindia.com/histdata/bulkdeals2.asp?scripcd=533629&lang=en &dflag=0&bulkblock=bulk
172. sh |   Link |  Bookmark |October 17, 2011 11:51:30 AM
Clarification about Zerodha brokerage:
"0.01% for intraday, 0.1% for equity delivery or Rs 20/executed whichever is lower... "
171. sh |   Link |  Bookmark |October 16, 2011 11:25:14 PM
ARIAN
If you think I gave good info which led you to choose Zerodha, maybe you might also think I referred you to them. In which case I will get a referral benefit from Zerodha. But first I must give them your name from my own trading a/c. Hope you can send your name and/or email to my email. click on "Public Profile" on any of my posts for my email id.

It's ok if you choose not to send your name or not to open a/c with Zerodha. Just ask any Q as usual, I will answer if I know.
170. ARIAN |   Link |  Bookmark |October 16, 2011 10:43:17 PM
Thanks sh

This really helps. I think better option is to go with trading a/c first and then open the demat a/c. Thanks for the info again.
169. sh |   Link |  Bookmark |October 16, 2011 1:38:19 PM
ARIAN
Google “traderji zerodha” for a 480 page trading forum thread which gives nearly comprehensive info/opinions.
Also read reviews on mouthshut. Zerodha is on Facebook also.
Some changes since a week or two: Brokerage is 0.01% or Rs. 20 (whichever is LOWER) per executed order. Earlier it was either 0.01% or Rs. 20 whichever you chose at account opening time. Currency derivatives offered now.
Future changes: commodities. BSE stocks (currently BSE stocks cannot be traded).

Google “traderji ventura” for ventura info.

In general it is a good idea to google “ventura securities complaints”, “zerodha complaints” etc.
168. sh |   Link |  Bookmark |October 16, 2011 12:56:36 PM
ARIAN
I have no idea about ventura.

I am using Zerodha for little over a year. It is excellent. IF you have a demat a/c with any Indian broker (geogit is ok) Zerodha can open a TRADING ONLY a/c in one working day after you courier the forms (unbelievable but true). Forms can be printed by you. If you are in a hurry this is the best way. NO OTHER broker will open a/c so fast. In trading only a/c any delivery shares will go to geogit and all intraday trades will be done entirely within Zerodha.

Brokerage is 0.01% or Rs. 20 (whichever is LOWER) per executed order. No need to negotiate for 0.01%. ALL get this 0.01% automatically. No min trades req. No min bal req. zero bal ok. Phone orders cost Rs 20 extra per call. Auto square off cost Rs 20 extra per order.

If you want a demat a/c also at the same time they will take a min of one week (demat will be with IL&FS) to open a/c. Verification of PAN card etc will be done via WEBCAM! Nice isn't it :).

Trading can be done by smart phone, web browser, call & trade or NOW exe.

My recommendation:
First open trading only a/c with Zerodha. Trade with NOW exe. Later open demat a/c also. These people are very open, transparent and straightforward...nothing is hidden and certainly no surprises. Very helpful.
167. ARIAN |   Link |  Bookmark |October 16, 2011 1:44:10 AM
Thanks sh and Jackpoat

This is really helpful info. Have you been guys using Ventura/Zerodha or have used it earlier? Your first hand review would be really good for my decision. Another point how quickly can I get the a/c activated knowing that I reside in US for temporary stay and would not be able to visit their office personally and submit docs physically?

166. Jackpoat |   Link |  Bookmark |October 16, 2011 1:00:24 AM (200+ Posts)
ARIAN, Ventura Security allowes short selling and gives two times margin.Speed is very fast.Easy for trading then Share Khan.ShareKhan,Bonanza,Angel Broking also allowes short selling.
165. sh |   Link |  Bookmark |October 16, 2011 12:45:15 AM
164. ARIAN
1-Sharekhan-gives 2 times margin for newly listed stocks (or atleast that's what they say...I never used margin). When volatility is very high they may not allow shorting. On PGEL listing shorting disabled after some time. Sharekhan has best charting facility.
2-Zerodha-no margin for newly listed stocks. Even for highly volatile stocks they allow shorting. On PGEL listing shorting allowed throughout the day. Zerodha has stable platform, lowest brokerage (0.01%), fastest quotes/order execution. Compared to Zerodha, Sharekhan quotes, order execution are very slow. Compared to IndiaInfoline, Sharekhan is very fast. I can give more details about brokerage etc if you want.

There will be many other brokerages that allow shorting...others may tell you about them.
164. ARIAN |   Link |  Bookmark |October 15, 2011 11:44:27 PM
I am using Geojit for trading as of now which does not allow shorting on listing day. Can someone please suggest a good trading account which allows sorting on a listing day?
163. SRINIVASA RAGHAVAN |   Link |  Bookmark |October 15, 2011 6:13:24 PM
I am an amateur in share trading, I didnt buy it through IPO, when I was browsing for some losing companies so that I can Invest on them, I found Tijaria was having a big fluctuation in price from Rs.62 to Rs.45 and was having a huge increase & decrease. Then I thought of giving a try on this, bought 2200 shares for Rs.43 and sold it for Rs.47. Had a good profit...
162. Jackpoat |   Link |  Bookmark |October 15, 2011 12:25:42 PM (200+ Posts)
only 3 non retail applicant and 3158 retail applicant make this issue successful.
If retail investor stay away from this kind of IPO then 90% public issue not subscribed.
If Tijaria comes with price 20 then now it trades around 40.But it comes with 60 and trade around 15.
By heavy overpricing Company makes 45 crore profil where public losses 51 crore in a single Day.
Now time comes-SEBI control pricing of an IPO according to that industry AVG PE .

Dicl-I have not loss any money from this IPO