Aik Pipes & Polymers Ltd Company Summary

Aik Pipes & Polymers Ltd Summary

Aik Pipes & Polymers Limited was originally incorporated on September 19, 2017 as AIK Pipes & Polymers Private Limited. with the Registrar of Companies, Central Registration Centre. Subsequently, Company converted into Public Limited Company and name of Company was changed to AIK Pipes & Polymers Limited vide fresh Certificate of Incorporation dated June 19, 2023 issued by the Registrar of Companies, Jaipur.The Company is engaged in manufacturing of comprehensive range of HDPE (High density polyethylene) pipes, HDPE Fittings, MDPE (Medium density polyethylene) Pipes and PPR (Polypropylene Random) Pipes facilitating various segments such as Water distribution, Agriculture, Housing and Infrastructure, Telecommunication, Gas transmission, and Sewerage system. The products manufactured are approved by various agencies such as the Bureau of Indian Standards (BIS), Central Institute of Petrochemicals Engineering and Technology, Indian Oil Corporation, and GAIL.The Company is a quality oriented and innovative company with a wide, comprehensive and cost-effective range of HDPE products. It has commitment towards constant innovations in drinking water piping solutions, irrigation and sewerage technologies to meet the constantly increasing demands. Apart from these, it has a state of art manufacturing facility, with advanced R&D Lab, dedicated towards providing superior quality products. The Company manufacture HDPE, MDPE & PPR Pipes and acquire raw materials from several suppliers and have enduring relationship with them for a long time.The Company made an Initial Public Issue of 16,88,000 Equity Shares of Rs 10 each by raising funds aggregating to Rs 15 Crore through fresh issue in December, 2023.