AIK Pipes & Polymers Ltd IPO 2026
| Metric | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 1400.42 | 3077.92 | 2090.84 |
| Profit After Tax | 101.97 | 187.74 | 87.90 |
| EBITDA | — | — | — |
| Net Worth | 662.47 | 560.50 | 202.76 |
| Total Assets | 1638.56 | 1450.50 | 968.13 |
| Reserves & Surplus | 194.97 | 433.00 | 132.76 |
| Total Borrowings | 429.91 | 538.09 | 432.17 |
Founded in 2017, AIK Pipes and Polymers Limited manufactures pipes, HDPE fittings, MDPE pipes and PPR pipes for the water distribution, gas transmission, sewerage systems, and telecommunication sectors.
The company has 3 manufacturing facilities in Jaipur, Rajasthan which are operated on a lease basis.
The company has a competent team of engineers, technicians and operators who play an important role in the production and quality control of the products.
These products are approved by several authorities including the Bureau of Indian Standards (BIS), Central Institute of Petrochemicals Engineering and Technology, Indian Oil Corporation and GAIL.
AIK Pipes is registered with the Government of Rajasthan as a supplier of water supply and sewerage management.
As of June 30, 2023, the company recorded a total income of Rs. 1400.42 lakhs and an adjusted profit after tax of Rs. 101.97 lakhs.
The company is an ISO 9001:2015 certified company. As of June 30, 2023, the company had 23 employees on its payroll.