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15 Days Price Change

Aik Pipes & Polymers IPO

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Profile
Issue Size --
Profile
Price Range 89  to  89 per share
Profile
Min Investment ₹89
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

AIK Pipes And Polymers Ltd is a leading company specializing in the manufacturing and distribution of high-quality pipes and polymer products. With a commitment to innovation and sustainability, AIK Pipes And Polymers has emerged as a trusted name in the industry. The company's diverse product range includes cutting-edge pipes for various applications and a wide array of polymer solutions. Known for its advanced manufacturing processes and stringent quality control measures, AIK Pipes And Polymers consistently delivers products that meet international standards. As a customer-centric organization, the company focuses on providing cost-effective and environmentally friendly solutions, contributing to its reputation as a reliable partner for clients across different sectors. Read More

Basic Info

Face Value 10 per share

Price 89  to  89 per share

P/E (x) 44.5

Sales( Cr.) 25

PAT( Cr.) 1

EPS 2

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Mr. Imran Khan Ms. Tahira Sheikh

Pre Issue Share Holding 100%

Post Issue Share Holding 74.99%

Listing Details:

Listing Price: 100

Listing Gain: 11%

Current Price: 24.3

Gain On Issue: 24.3 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Dec 26, 2023
Closing Date Dec 28, 2023
Allotment Dec 29, 2023
Refund Jan 01, 2024
Delivery of Shares Jan 01, 2024
Listing Date Jan 02, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1600 142,400
Retail (Max) 1 1600 142,400
S-HNI (Min) 2 3200 284,800
S-HNI (Max) 7 11200 996,800
B-HNI (Min) 8 12800 1,139,200

Objective of the Issue

1. To Meet Working Capital Requirement 2. To Meet the Capital Expenditure 3. General Corporate Purpose

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 844000 44031480 52.2x
Retail 844000 26104920 30.9x
EMP 0 0 0x
Total 1688000 73546160 43.6x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Aik Pipes & Polymers Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 6 10 20 30 37 25
Other Income 0 0 0 0 0 0
Total Income 7 10 21 30 37 25
Total Expenditure 6 10 19 27 33 23
Operating Profit 0 1 2 3 5 3
Interest 0 0 0 0 1 1
Depreciation 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0
Profit Before Tax 0 0 1 2 4 2
Provision for Tax 0 0 0 1 0 0
Profit After Tax 0 0 1 2 3 1
Adjustments 0 0 0 0 0 0
Profit After Adjustments 0 0 1 2 3 1
Adjusted Earnings Per Share 3.2 1.8 3.4 3.9 5.4 2

Aik Pipes & Polymers Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 0 1 2 6 22 23
Minority's Interest 0 0 0 0 0 0
Borrowings 0 0 0 1 1 1
Other Non-Current Liabilities 0 0 0 0 -0 -0
Total Current Liabilities 4 6 7 7 9 9
Total Liabilities 5 7 10 15 32 32
Fixed Assets 1 1 1 3 4 5
Other Non-Current Assets 0 0 0 0 5 4
Total Current Assets 4 6 8 11 23 23
Total Assets 5 7 10 15 32 32

Aik Pipes & Polymers Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 1 0 0 0
Cash Flow from Operating Activities -1 1 -1 -1 -5 0
Cash Flow from Investing Activities -0 -0 -0 -2 -7 -0
Cash Flow from Financing Activities 2 0 1 2 12 -0
Net Cash Inflow / Outflow -0 1 -0 -0 0 -0
Closing Cash & Cash Equivalent 0 1 0 0 0 0

Aik Pipes & Polymers Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 3.22 1.77 3.42 3.92 5.36 2.01
CEPS(Rs) 4.47 2.33 3.79 4.33 5.83 2.62
DPS(Rs) 0 0 0 0 0 0
Book NAV/Share(Rs) 5.82 5.65 7.89 11.97 34.46 35.89
Core EBITDA Margin(%) 3.78 3.91 5.04 9.8 12.66 9.74
EBIT Margin(%) 4.9 4.31 6.95 9.19 12.13 9.58
Pre Tax Margin(%) 3.78 3.6 6.22 8.13 10.32 6.59
PAT Margin (%) 2.79 2.58 4.3 6.02 9.15 5.09
Cash Profit Margin (%) 3.87 3.39 4.77 6.64 9.96 6.63
ROA(%) 3.67 4.25 10.29 15.17 14.63 3.97
ROE(%) 55.37 45.16 61.52 48.08 24.79 5.7
ROCE(%) 7.74 10.01 25.77 32.33 23.8 8.64
Receivable days 210.13 162.96 108.93 85.89 107.41 214.43
Inventory Days 2.91 4.24 10.9 26.82 48.25 99.06
Payable days 13.32 60.83 53.79 39.52 40.44 60.19
PER(x) 0 0 0 0 21.45 38.17
Price/Book(x) 0 0 0 0 3.34 2.13
Dividend Yield(%) 0 0 0 0 0 0
EV/Net Sales(x) 0.6 0.35 0.22 0.21 2.09 2.16
EV/Core EBITDA(x) 10.12 6.89 3.02 2.09 16.13 19.43
Net Sales Growth(%) 0 58.42 102.55 49.26 22.28 -32.67
EBIT Growth(%) 0 39.47 226.39 97.48 61.43 -46.81
PAT Growth(%) 0 46.47 238.47 108.67 86 -62.58
EPS Growth(%) 0 -45.07 93.41 14.56 36.78 -62.58
Debt/Equity(x) 11.57 4.61 2.13 0.96 0.23 0.25
Current Ratio(x) 0.91 1 1.17 1.58 2.48 2.64
Quick Ratio(x) 0.89 0.97 1.03 1.1 1.78 1.8
Interest Cover(x) 4.4 6.1 9.58 8.63 6.69 3.2
Total Debt/Mcap(x) 0 0 0 0 0.07 0.12

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -32% 8% 33% 0%
Operating Profit CAGR -40% 14% 0% 0%
PAT CAGR -67% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -69% NA% NA% NA%
ROE Average 6% 26% 37% 40%
ROCE Average 9% 22% 20% 18%

Company Contact Information

Aik Pipes & Polymers Ltd.

Office No. 506, 5th Floor Elements Mall Ajmer Road

IPO Lead Manager(s)

Aik Pipes & Polymers Ltd.

Shreni Shares Limited

Registrar Info

Aik Pipes & Polymers Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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