IPO Details
Prince Pipes & Fittings Ltd.
Plot No. 1, Honda Industrial Estate,Phase II, Honda Sattari, Honda, Goa - 403530
Phone: 66022222 Fax: 66022220

Public Issue of 28089888 Equity Shares of Rs. 10.00 each for Cash at a Premium of Rs. 168.00 per share.
Issue Open DateIssue Closing DateApplication MoneyAllotment Money
18/12/201920/12/2019178.00 -
Lead Managers Registrar Listed at
EDELWEISS FINANCIAL SERVICES LTD.
JM FINANCIAL LTD.
Link Intime India Private Limited
C-101, 247 Park,
L.B.S. Marg, Vikhroli (West), ,
Mumbai, Maharashtra - 400083
Phone: 49186200 Fax: 49186195
BSE
NSE
Object of the issue

The Offer consists of the Fresh Issue and the Offer for Sale.

Offer for Sale

The proceeds from the Offer for Sale (net of any Offer related expenses to be borne by the Promoter Selling Shareholders) shall be received by the Promoter Selling Shareholders and the Company shall not receive any proceeds from the Offer for Sale.

Promoted by

The Promoters of the Company are:

1. Jayant Shamji Chheda
2. Tarla Jayant Chheda
3. Parag Jayant Chheda
4. Vipul Jayant Chheda
5. Heena Parag Chheda

1. Jayant Shamji Chheda : Jayant Shamji Chheda, aged 72 years, is the Chairman and Managing Director of the Company. He has been associated with the Company since incorporation as a Director. He has passed the Senior Secondary Certificate Examination. He has over three decades of experience in the plastic industry. He was awarded the ‘Lifetime Achievement Award’ at the Vinyl India Conference, 2014.

Voter ID Number : ZHS4525838
Driving License Number : MH0120100026414

2. Tarla Jayant Chheda : Tarla Jayant Chheda, aged 71 years, is one of the Promoters. She is a homemaker and is not involved in the day to day management of the Company. She has completed her matriculation from Premier School, Dadar, Mumbai.

Voter ID Number : ZHS4525846

3. Parag Jayant Chheda : Parag Jayant Chheda, aged 47 years, is an Executive Director of the Company. He has been associated with the Company since April 27, 1996 as a Director. He holds an associate degree in business administration from Oakland Community College. He has over 21 years of experience in the piping industry. He was awarded the ‘Inspiring Business Leader Award’ at the Economic Times Summit, 2016 for the ‘Business and Industry’ sector.

Voter ID Number : ZHS4525853
Driving License Number : MH01 19940029446

4. Vipul Jayant Chheda : Vipul Jayant Chheda, aged 43 years, is an Executive Director of the Company. He has been associated with the Company since March 11, 1997 as a Director. He holds a higher secondary certificate from the Maharashtra State Board of Secondary and Higher Secondary Education. He has over 20 years of experience in the piping industry.

Voter ID Number : ZHS4525812
Driving License Number : MH01 20130002373

5. Heena Parag Chheda : Heena Parag Chheda, aged 47 years, is an Executive Director of the Company. She has been associated with Prince Marketing, a member of the Promoter Group, since 2004 and the Company as Vice President – Finance and Accounts since 2009. She has been the Director since October 1, 2016. She holds a bachelor’s degree in commerce from the University of Bombay. She has over 14 years of experience in the piping industry.

Voter ID Number : ZHS4525861
Driving License Number : MH01 19900022560