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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 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 Date | Sep 27, 2011 to Sep 29, 2011 |
| Tijaria Polypipes IPO Face Value | ₹10 per share |
| Tijaria Polypipes IPO Price | ₹60 per share |
| Tijaria Polypipes IPO Lot Size | 100 Shares |
| Issue Size | [.] shares of ₹10 (aggregating up to ₹60.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE, NSE |
| Company Promoters | The promoters of the company are: 1. Mr. Alok Jain Tijaria |
The Tijaria Polypipes IPO lot size is 100 shares. A retail-individual investor can apply for up to 33 lots (3300 shares or ₹198,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 100 | ₹6,000 |
| Maximum | 33 | 3300 | ₹198,000 |
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.
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 Recommendation by Members Tijaria Polypipes IPO Recommendations Details | Post Recommendation | Manage Recommendations
| Subscribe | Neutral | Avoid |
|---|---|---|
| 0 | 0 | 0 |
No Record Found.
| Listing Date | Friday, October 14, 2011 |
| BSE Script Code | 533629 |
| NSE Symbol | TIJARIA |
| Listing In | B Group of Securities |
| ISIN | INE440L01017 |
| IPO Price | ₹60 per share |
| Face Value | ₹10 per share |
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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
Sharex Dynamic (India) Pvt Ltd
Phone: +91- 22 - 2851 5606
Email: info@sharexindia.com
Website: http://www.sharexindia.com
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 Sep 27, 2011, and closes on Sep 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 Sep 27, 2011 and closes on Sep 29, 2011.
Tijaria Polypipes IPO lot size is 100 Shares and the minimum order quantity is .
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, Edelweiss, 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.
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