AIK Pipes IPO GMP: AIK Pipes And Polymers IPO GMP Price Today

AIK Pipes IPO GMP: AIK Pipes And Polymers Limited, a leading player in the manufacturing of high-quality HDPE pipes, is set to launch its SME IPO on the BSE SME platform. With a total issue size of Rs 15.02 Crores, consisting of 100% fresh issue shares, this IPO is generating significant interest among investors. In this blog, we’ll delve into the details of AIK Pipes And Polymers IPO GMP (Grey Market Premium), its opening and closing dates, and the company’s background and objectives.

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AIK Pipes And Polymers IPO GMP

Here’s the recent GMP movement for AIK Pipes And Polymers IPO: [ Last Updated: 02 Jan, 2024; 19:05]

GMP DateIPO PriceGMPSub2 Sauda RateEstimated Listing Price
02-01-2024₹89.00₹910900₹98 (10.11%)
01-01-2024₹89.00₹910900₹98 (10.11%)
31-12-2023₹89.00₹910900₹98 (10.11%)
30-12-2023₹89.00₹910900₹98 (10.11%)
29-12-2023₹89.00₹910900₹98 (10.11%)
28-12-2023₹89.00₹910900₹98 (10.11%)
27-12-2023₹89.00₹67300₹95 (6.74%)
26-12-2023₹89.00₹0₹89 (0%)
25-12-2023₹89.00₹0₹89 (0%)
24-12-2023₹89.00₹0₹89 (0%)
23-12-2023₹89.00₹0₹89 (0%)

Latest IPO GMP

For the most up-to-date GMP status of AIK Pipes And Polymers and other IPOs, you can refer to the IPO GMP Dashboard on Stockesta.com. This platform regularly updates IPO GMP performance, allowing you to track and compare GMP values with the expected listing prices.

IPO Grey Market Premium (GMP)

The grey market premium (GMP) reflects the unofficial and unregulated trading of an IPO before its official listing. It provides insights into how the IPO might perform on the listing day. A positive GMP indicates potential profits, while a negative GMP suggests a likely discount.

However, it’s essential to note that IPO GMP can be highly volatile, making investment decisions based solely on it risky. Before investing in AIK Pipes And Polymers SME IPO, it’s crucial to consider all factors and make a well-informed decision.

About AIK Pipes And Polymers

AIK Pipes And Polymers Limited, founded on September 19, 2017, operates a state-of-the-art manufacturing facility. Equipped with advanced technology and automation, the company produces high-quality HDPE pipes in various sizes. Its products have received approvals from renowned authorities such as the Bureau of Indian Standards (BIS), Central Institute of Petrochemicals Engineering and Technology, Indian Oil Corporation, and GAIL.

AIK Pipes And Polymers is dedicated to offering innovative, cost-effective HDPE solutions for applications in drinking water pipes, irrigation, and drainage. The company’s vision is to ensure clean water access for everyone, everywhere. With a commitment to quality and service, AIK Pipes has earned a reputation for excellence in the industry.

Also Read: AIK Pipes And Polymers Limited IPO Details

Strengths of AIK Pipes And Polymers

  • Customer satisfaction and revenue from long-term relationships.
  • Experienced promoters and efficient management.
  • Cost-effective production and timely order processing.
  • Established supplier relationships.
  • Quality assurance and adherence to standards.

AIK Pipes And Polymers SME IPO Objectives

The net proceeds from the fresh issue of AIK Pipes And Polymers SME IPO will be used for the following purposes:

  1. To meet working capital requirements.
  2. To fund capital expenditure.
  3. General corporate purposes.

AIK Pipes And Polymers SME IPO Dates

Stay updated on AIK Pipes And Polymers SME IPO with the following key dates:

  • SME IPO Open Date: 26-12-2023
  • SME IPO Close Date: 28-12-2023
  • Basis of Allotment Finalisation Date: 29-12-2023
  • Refunds Initiation: 01-01-2024
  • Credit of Shares to Demat Account: 01-01-2024
  • SME IPO Listing Date: 02-01-2024

In conclusion, AIK Pipes And Polymers Limited is set to make its mark in the SME IPO space with its offering of high-quality HDPE pipes. While the GMP can provide some insight into market sentiment, it’s essential to conduct thorough research and consider various factors before making investment decisions. Stay tuned for updates on this promising IPO.

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