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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 RHP for detailed information.
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 |
Share holding pre issue | 13,626,172 |
Share holding post issue | 23,626,172 |
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 |
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
Share Holding Pre Issue | 100% |
Share Holding Post Issue | 57.68% |
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).
KPI | Values |
---|---|
RoNW | 19.47% |
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.
[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...
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.
Listing Date | October 14, 2011 |
BSE Script Code | 533629 |
NSE Symbol | TIJARIA |
ISIN | INE440L01017 |
Final Issue Price | ₹60 per share |
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 |
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:
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.
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