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December 18, 2019 - December 20, 2019

Prince Pipes IPO Subscription Details

Prince Pipes IPO Subscription Status Live

Prince Pipes IPO subscribed 2.21 times. The public issue subscribed 1.89 times in the retail category, 3.54 times in QIB, and 1.21 times in the NII category by December 20, 2019 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions3.545,649,7181,99,72,680355.51
Non-Institutional Buyers1.214,237,28851,07,95690.92
Retail Investors1.899,887,0061,86,38,760331.77
Total 2.2119,774,0124,37,19,396778.21

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.

Prince Pipes IPO (Day-wise) Subscription Details (times)

Day 1
December 18, 2019
Day 2
December 19, 2019
Day 3
December 20, 2019

Prince Pipes IPO Shares Offered

Prince Pipes IPO is a public issue of 19,774,012 equity shares. The issue offers 9,887,006 shares to retail investors, 5,649,718 shares to qualified institutional buyers, and 4,237,288 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. shall not be liable in any way for any discrepancies, errors, omissions, losses or damage., including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Prince Pipes IPO Subscription FAQs

The Prince Pipes IPO is subscribed 2.21 by December 20, 2019.

Prince Pipes IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional3.54
Non Institutional1.21
Retail Individual1.89
Employee Reservations[.]
Total Subscription2.21

Retail category of Prince Pipes IPO subscribed 1.89 times as of date December 20, 2019. The public issue closes on December 20, 2019 for bidding.

An investor can apply in Prince Pipes IPO online via bank (using ASBA) or the broker (using UPI). The Prince Pipes IPO shares are offered online only.

The Prince Pipes IPO is subscribed 2.21 by December 20, 2019.

The Prince Pipes IPO allotment status is expected on or around December 26, 2019. Visit Prince Pipes IPO allotment status to check.

The Prince Pipes IPO listing date is Monday, December 30, 2019. The equity share of Prince Pipes and Fittings Ltd will list on BSE, NSE.

Visit Prince Pipes IPO subscription status page for real-time bidding information about Prince Pipes IPO.

Prince Pipes IPO Timetable

IPO Opens OnDecember 18, 2019
IPO Closes OnDecember 20, 2019
Finalisation of Basis of AllotmentDecember 26, 2019
Initiation of RefundsDecember 27, 2019
Credit of Shares to Demat AccountDecember 30, 2019
IPO Listing DateDecember 30, 2019


1. Sachin audumbar shinde     Link|December 20, 2019 1:20:15 PM
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