Registered Office:Rukmini Towers, 3rd& 4th Floor, # 3/1, Platform Road, Sheshadripuram, Bangalore - 560 020,...

An established brand among the leading players Prince Pipes and Fittings Ltd, is a leading manufacturer of polymer pipes and fittings in India, offering products for varied applications in plumbing, irrigation, and soil, waste and rain water (SWR) management. The company markets its products under two brand names: Prince Piping Systems; and Trubore. They have more than 30 years' experience in the polymer pipes segment. With six...

Prince Pipes and Fittings (PPFL) is engaged in manufacturing polymer pipes and fittings. This includes UPVC, CPVC, PPR and HDPE contributing 71%, 20% 6% and 3% to the topline, respectively. The company has six manufacturing plants and over 1400 distributors across India. With a current value market share of 5% in the plastic piping industry, PPFL aims to increase its manufacturing capacity by 25% to ~3 lakh MT by the end of FY21E. The company reported a revenue CAGR of 12% in FY17-19 led by 11% volume growth in the same period. Further, PPFL plans to increase its...

Company is recognized as one of the leading polymer pipes and fittings manufacturers in India...

them to wholesalers, retailers and plumbers. The products under Trubore are directly sold to 212 wholesalers and retailers. Comprehensive product portfolio across polymers serving diverse end-use applications: Due to its comprehensive product range, it is positioned as an end-to-end polymer piping systems solution provider. It currently manufactures polymer pipes using four different polymers: UPVC; CPVC; PPR; and HDPE, and fittings using three different polymers: UPVC; CPVC; and PPR. The company had 7,167 SKUs as at October 31, 2019...

Prince Pipes and Fittings Ltd IPO Note Issue Open: December 18 December 20, 2019, Price Band: Rs. Rs. 177 178, Issue Size: 28,089,888 eq shares (Fresh issue 14044944 + Offer for sale of 14044944 eq sh)

IPO NOTE