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Precision Pipes and Profiles Company Ltd IPO (Precision Pipes IPO) Detail

Dec 17, 2007 - Dec 20, 2007

Incorporated in 1978, Precision Pipes and Profiles Company Ltd (PPAP) is a leading manufacturer of high quality automotive sealing systems and exterior products in India.

PPAP has four state of the art manufacturing facilities, which are located in New Delhi and Noida. All the plants are TS 16949, ISO 14001 and OHSAS 18001 certified. Product range includes weather strips, trim door opening, windshield molding, roof molding, quarter window seal, A-pillar garnish, B-pillar garnish, skirt air damper, body side molding etc. Additionally, PPAP manufacture PVC based customized profiles for white goods and other industries.

PPAP's client list includes Maruti Udyog Ltd, Honda SIEL, General Motors and Toyota Kirloskar.They have a technical collaboration with Tokai Kogyo Co. Ltd (TKCL), Japan, to manufacture automobile products. In the white goods industry, PPAP supply customized profiles to Godrej, Voltas, Videocon and Carrier Refrigerators.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. To enhance In-house Tool Manufacturing and Designing Capability at our existing plant, B-206 A, Noida;
2. To increase our Production Capacity at our existing plant, B-206 A, Noida;
3. To set up a new plant for manufacturing of Auto Components at Surajpur, Greater Noida;
4. To set up a new plant for “Electrical Outlet System” products (PDC) at Badarpur, Delhi;
5. General Corporate Purpose;
6. To meet the expenses of the public issue;
7. To list the shares offered through this issue on BSE and NSE;
8. To meet the long term working capital requirements of the Company.

Precision Pipes IPO Details

IPO Opening Date Dec 17, 2007
IPO Closing Date Dec 20, 2007
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹140 to ₹150 per equity share
Market Lot 45 Shares
Min Order Quantity 45 Shares
Listing At BSE, NSE
Issue Size5,000,000 Eq Shares of ₹10
(aggregating up to ₹75.00 Cr)

Precision Pipes IPO Lot Size

The Precision Pipes IPO market lot size is 45 shares. A retail-individual investor can apply for up to 29 lots (1305 shares or ₹195,750).

Application Lots Shares Amount (Cut-off)
Minimum 1 45 ₹6,750
Maximum 29 1305 ₹195,750

Precision Pipes IPO Subscription Status (Bidding Detail)

The Precision Pipes IPO is subscribed 10.35x times on Dec 20, 2007 17:00. The public issue subscribed 18.70x in the retail category, 5.03x in the QIB category, and 8.58x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
Total

10.35x

Precision Pipes IPO Prospectus

Precision Pipes IPO Rating

345
3.2
Rating:Rated 3.2 stars
Vote Here ...

Precision Pipes IPO Listing Date

Listing Date Monday, December 2, 2019
BSE Script Code
NSE Symbol
Listing In
ISIN
IPO Price ₹150 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹150.00
₹160.00
₹132.60
₹175.00
₹138.65
NSE
₹150.00
₹165.00
₹132.00
₹175.00
₹136.10

Company Contact Information

Precision Pipes and Profiles Company Ltd
4561, Deputy Ganj,
Sadar Bazar,
Delhi-110 006, India
Phone: +91-1123-612204
Email: ipo@precisionpipes.com
Website: http://www.precisionpipes.com

Precision Pipes IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: ppap.ipo@intimespectrum.com
Website: http://www.linkintime.co.in

Precision Pipes IPO Reviews / Ratings

  • Business Line - Avoid
  • KR Choksey Securities Ltd - Apply
  • Prabhudas Lilladher Pvt Ltd - Apply
  • Smart Investments Ltd - May apply
  • S P Tulsian - Apply

Precision Pipes IPO FAQs

Precision Pipes IPO is a main-board IPO of 5,000,000 equity shares of the face value of ₹10 aggregating up to ₹75.00 Crores. The issue is priced at ₹140 to ₹150 per equity share. The minimum order quantity is 45 Shares.

The IPO opens on Dec 17, 2007, and closes on Dec 20, 2007.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Precision Pipes IPO opens on Dec 17, 2007 and closes on Dec 20, 2007.

Precision Pipes IPO lot size is 45 Shares and the minimum order quantity is 45 Shares.

You can apply in Precision Pipes 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, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

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

The Precision Pipes IPO listing date is on Monday, December 2, 2019.

Precision Pipes IPO Message Board

Ranked Members  Ranked Members

Loading...
339. Asif vora |Feb 28, 2008 19:19
cheater no.1 group ppap loss of 50%.
be careful in 2008
338. Manish Aggarwal |Feb 14, 2008 12:19
I didn't get the shares of Precision Pipes credited into my Demat Account till yet. I have already send scanned copy of my Client Master and Depository Account statement at shivaji.karande@intimespectrum.com near abt 2 weeks back but till now no reply. There contacts numbers are either busy or are not responding. Please help me out in getting my shares credited in demat account.

337. B.P.Siware |Feb 12, 2008 10:29
I have not recieved refund of IPO (PPAP). some body can help me. In time spectrum customer care no. is always busy. is ther any other way to contact.
My no. 09406190723
336. Ajay GArg |Jan 26, 2008 01:02
I have not recieved Precision Pipes refund till date. Kindly anybody advice whom to conatct for the same..Please help
335. tima |Jan 26, 2008 00:01
Precision pipes,is doing very bad,any advise what to do with it
334. Keshav |Jan 25, 2008 21:11
Hi,

Hope this is right time to buy the Precession Pipes shares.Hope it will reach 250 in another one month.

Regards,
Keshav


333. Amar |Jan 21, 2008 15:59
Dear Friends

refer my comments......stay away with high premium issues, i m warning since many times.......its hard earned money sir...madam

332. Amar (220.224.76.46) 1/16/2008 10:06:27 AM IST Report Spam!
Good buy at 95 -105 only........stay away......




324. Amar (220.224.41.118) 1/12/2008 6:46:50 PM IST Report Spam!
Dear TB

Its not SEBI, we ppl like to give any premium to bogus companies......thats our fault that we are suscribing this type of issues...

will get chance to buy at 115 or below on monday , can start selling before 139


319. Amar (220.224.8.218) 1/11/2008 5:16:50 PM IST Report Spam!
Another cheater Group......Precision down 9% ( loss 18 Rs )

In line with Mankasia....down 11% ( loss 18 rs )

Brigade............down 12% ( loss 50 rs )

Renaissance .......down 9% ( loss 15 rs )

Empee Dist..........down 22% ( loss 91 Rs )

Rathi bars ........down 9% ..( loss 3 rs )

Even at 20827 Index ......out of last 15 IPO's .6 ipo's are in
RED.......BE CAUTIOUS WITH CHEATERs

2007 almost 40% IPO's are in RED.....

Making their pockets full & never worried about innocent investors...135 issues going to come & 40% will be like this so be careful

MORE CHEATERS ARE EXPECTED IN 2008 so BE CAREFUL FRIENDS< ITS HARD EARNED MONEY


332. Dhinesh |Jan 17, 2008 10:37
Hi Ashish Swaroop,

You have to call Intime Spectrum (022-25960320) you have to keep on calling for 5 minutes then only u can speak to the customer care
331. Ashish Swaroop |Jan 17, 2008 02:34
I have not received the refund of IPO yet..Can somebody tell me whom to contact? Please Help..Please Please..!!!!
330. Amar |Jan 16, 2008 10:06
Good buy at 95 -105 only........stay away......
329. Honey |Jan 16, 2008 01:43
Can I have intime spectrum registrar contact details, still I haven't recived my IPO refund money.
328. strong buy |Jan 15, 2008 23:22
buy buy buy:Sundram Fasteners Ltd@55.90 target 65(3 month)
ppap target:190(6 month)
327. sreeni |Jan 15, 2008 16:06
HI ,
I have brought 660 shares @140.I am able to see the PPAP showed its strength even when all the IPO came down because of REL POW.This is very best share to Buy.Sice it has GM,TATA,HONDA,HHUNDAI and MAH&MAH as the clients.

BUY BUY BUY BUY: PPAP.you will find good result in another few sessions.
326. Krish |Jan 14, 2008 21:30
Hi All,
We saw that market stood for longtime at 150 today.Even though finally it came to 143.But still hold these shares and try to buy this share at this rate it will surely touch 250 by wednessday evening.

BUY ..BUY ... BUY...BUY ...PPAP
Very good share to buy
325. RAVINDER |Jan 13, 2008 15:25
Ppipes at 135 is gud nt too much movement hold it
324. Honey |Jan 13, 2008 10:40
I applied for PPP IPO through Religare, still I haven't got my money back, pls do help me.
323. strong buy |Jan 13, 2008 10:03
buy:jagjanani textile available @14.05 actual ipo price:25,promoter are holding 40% shares appx.names of promoter :BSA Holdings Pvt Ltd,Neelam Marble & Ind Pvt Ltd,Penny Securities & Investment Pvt Ltd,Preeti Vanijya Pvt Ltd,Shree Ganesh Projects Pvt Ltd,Anagram Stockbroking Ltd,Anand Rathi Securities Ltd,Angel broking Ltd,TCG Stock Broking Ltd,Shriram Insight Share Brokers Ltd,Midas Lids Pvt Ltd,Shiv Kumar
target:20(3month)
322. Amar |Jan 12, 2008 18:46
Dear TB

Its not SEBI, we ppl like to give any premium to bogus companies......thats our fault that we are suscribing this type of issues...

will get chance to buy at 115 or below on monday , can start selling before 139
321. TB |Jan 11, 2008 22:09
It Confirmed new crisil has been paid 5 crores to write good about this ipo. sebi is cheating and also these ratings agencies which are paid by companies .
320. Aftab |Jan 11, 2008 20:57
I am holding 100 Shares of PPAP. What are the future prospects and growth.

Thanks
Aftab