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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Repayment or prepayment of certain outstanding borrowings
Repayment or prepayment of certain financial indebtedness availed by the company.
Setup of new manufacturing facility at Telangana
Funding capital expenditure for setting up a new manufacturing facility at Telangana.
General corporate purposes
Funding general corporate requirements and issue related expenses.
No lots distribution added yet.
No IPO reservation added yet.
(₹ in Crore)
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Prince Pipes and Fittings Limited is one of India's largest polymer pipe and fitting manufacturers and solution providers. Incorporated in 1987 by the Chheda family, the company manufactures a comprehensive range of piping systems used across plumbing, irrigation, and sewage disposal applications. Its products are marketed under two well-established brand names: "Prince Piping Systems" and "Trubore". The company operates multiple strategically located manufacturing facilities across India, including plants at Haridwar (Uttarakhand), Athal and Dadra (Dadra and Nagar Haveli), Kolhapur (Maharashtra), Hajipur (Bihar), and Sangareddy (Telangana). Prince Pipes utilizes various polymer materials including CPVC, UPVC, PP-R, and HDPE to produce over 7,000 SKUs, supported by a pan-India distribution network comprising thousands of channel partners and distributors. With strong brand equity, continuous portfolio expansion, and technical collaborations with global leaders like Tooling Holland, Prince Pipes caters to residential, commercial, industrial, and agricultural sectors. The company focuses on expanding its production capacity, enhancing supply chain efficiencies, and driving penetration in high-growth regional markets across India.
Prince Pipes and Fittings Limited allocated 8,426,966 equity shares to 8 anchor investors at Rs 178 per share, raising Rs 150.00 crore. Key anchor investors included SBI Oman, Aditya Birla MF, SBI Life Insurance, HDFC Life Insurance, Mirae Asset MF, HDFC MF, Tata MF, and New Mark Capital.
Source: RHP • Analysis provided for informational purposes
Last Updated: 28 July 2026, 4:19 PM
Strong Brand Portfolio and Market Presence
Well-established brand equity through "Prince Piping Systems" and "Trubore" across India.
Pan-India Manufacturing Footprint
Strategically located production facilities ensuring optimized logistics and nationwide market reach.
Comprehensive Product Portfolio
Diverse range of over 7,000 SKUs across CPVC, UPVC, PP-R, and HDPE piping applications.
Extensive Distribution Network
Strong distribution channels supported by long-standing relationships with distributors and channel partners.
Raw Material Price Volatility
Heavy reliance on polymer resins such as PVC and CPVC, making profitability subject to global petrochemical price swings.
Intense Market Competition
Faces strong competition from both organized regional/national players and unorganized local pipe manufacturers.
Working Capital Intensity
Requires substantial inventory and trade credit management to maintain a widespread distribution network.
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Plot No. 1, Rubabbaz, C.P. Road, Mahim (West), Mumbai - 400016, Maharashtra, India
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