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).
The promoters of the company are:
1. Mr. Alok Jain Tijaria
2. Mr. Vikas Jain Tijaria
3. Mr. Praveen Jain Tijaria
4. Mr. Vineet Jain Tijaria
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.
»» Issue Open: Sep 27, 2011 - Sep 29, 2011
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: [.] Equity Shares of Rs 10 aggregating up to Rs 60.00 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs. 60 Per Equity Share
»» Market Lot: 100 Shares
»» Minimum Order Quantity: 100 Shares
»» Listing At: BSE, NSE
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.
Check IPO Ratings from other stock analysts.
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