The £300m-turnover company, whose headquarters are in Doncaster, is owned by banks and venture capitalists who see now as a good time to cash in.
Founded in 1980, Polypipe among the top 10 European manufacturers of plastic piping systems for the residential, commercial, civils and infrastructure sectors.
House-builders accounted for 51% of 2013 sales and commercial, civils and infrastructure projects accounted for 49%.
Operating from 16 facilities, its primary operations are in the UK, French and the Irish building and construction markets, with a presence in Italy and the Middle East and sales to specific niches in the rest of the world.
Chief executive David Hall said: "I am delighted to be leading Polypipe's return to the public markets after an important phase of structural improvements under the current owners.
"Our business has emerged strongly from the construction downturn and is now well-invested and well positioned to take advantage of new market opportunities.
"The structural trends in our market - the substitution of legacy piping materials for modern plastic systems and regulatory support for carbon efficiency and water management solutions - provide a strong basis for continued growth in the coming years."
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