The company was incorporated as ‘Prince Pipes and Fittings Private Limited’ on November 13, 1987 at Mumbai, Maharashtra as a private limited company under the Companies Act, 1956. Thereafter, pursuant to Section 43A (1A) of the Companies Act, 1956, the company became a deemed public limited company with effect from July 1, 1998. Further, pursuant to Section 43A (2A) of the Companies Act, 1956, the company converted back into a private company on May 18, 2001. Subsequently, upon conversion into a public limited company pursuant to a special resolution of company’s Shareholders dated August 7, 2017, the name of the company was changed to ‘Prince Pipes and Fittings Limited’, and a fresh certificate of incorporation was issued by the Registrar of Companies, Goa, Daman and Diu (RoC) on August 11, 2017.

Business area of the company:

The company is recognized as one of the leading polymer pipes and fittings manufacturers in India in terms of number of distributors. It markets its products under two brand names: Prince Piping Systems; and Trubore. Due to company’s comprehensive product range, it is positioned as an end-to-end polymer piping systems solution provider. It currently manufacture polymer pipes using four different polymers: UPVC; CPVC; PPR; and HDPE, and fittings using three different polymers: UPVC; CPVC; and PPR. Its products are used for varied applications in plumbing, irrigation, and soil, waste and rain water (SWR) management. Its product range meets the requirements of both the rural and urban markets.

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Open Price	702	Volume	48
Prev. Close	701.6

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