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Home All IPOs Malpani Pipes & Fittings Ltd. IPO
Malpani Pipes & Fittings Ltd. IPO
BSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹90
Issue Price
₹90
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹90
GMP based
Lot Size
1,600
shares / lot
Min Amount
₹144,000
1 lot · 1,600 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
29 Jan 2025
Wed Completed
Done
Close Date
31 Jan 2025
Fri Completed
Done
Allotment
03 Feb 2025
Mon Completed
Done
Refund
03 Feb 2025
Mon Completed
Done
Demat Credit
03 Feb 2025
Mon Completed
Done
Listing Date
04 Feb 2025
Tue Completed
UPI Deadline: 31 Jan 2025
Issue Details
Pricing & Size
Issue Price
₹90 Face ₹10
Lot Size
1,600 shares
Min Investment
₹144,000
Total Issue Size
28,80,000 shares (aggregating up to ₹25.92 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
1,45,600 (5.06%)
QIB Portion
13,58,400 (47.17%)
NII / HNI
4,16,000 (14.44%)
Retail
9,60,000 (33.33%)
Employee
-
Net Offer to Public
27,34,400 shares (aggregating up to ₹24.61 Cr)
Shareholding Pattern
Pre-Issue Shareholding
78,97,500 shares
Post-Issue Shareholding
1,07,77,500 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1600 144000
HNI / NII 2 3200 288000
Objects of Issue
3 objectives
1
Capital Expenditure for purchase of machineries.
2
Repayment of Debt
3
General Corporate Purpose
Lead Managers & Market Maker
Book Running Lead Managers
Interactive Financial Services Ltd
Market Maker
Mnm Stock Broking Pvt.Ltd.
IPO Timeline
Open
29 Jan
✓ Done
Close
31 Jan
✓ Done
Allotment
03 Feb
✓ Done
Listing
04 Feb
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
pipes@malpanipipes.com
Phone
07412-260707
Address
65-A, Sector B Industrial Area, Ratlam 457001 Ratlam, Madhya Pradesh
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹90
Est. Listing
₹90
Lot Size
1,600 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Malpani Pipes & Fittings Ltd. LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
Vol
Div
Yld
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Malpani Pipes & Fittings Ltd. is not yet listed or data is unavailable.
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| Price
Market Reference
IPO Issue Price
₹90
GMP
+₹0 (+0%)
GMP Est. Listing
₹90
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 13,58,400 (47.17%) ₹1,222.56 Cr
NII / HNI (Total) 4,16,000 (14.44%) ₹374.40 Cr
Retail Investors 9,60,000 (33.33%) ₹864.00 Cr
Total ** 28,80,000 (100.00%) ₹25,920.00 Cr
Market Maker * 1,45,600 (5.06%) ₹13.10 Cr
* Based on ₹90.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
13,58,400 (47.17%)
NII
4,16,000 (14.44%)
Retail
9,60,000 (33.33%)
Market Maker
1,45,600 (5.06%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crores
Metric30 Nov 202431 Mar 202431 Mar 2023
Revenue84.55141.1682.57
PAT5.097.402.08
EBITDA
Net Worth19.7314.775.83
Total Assets90.7661.3538.94
Reserves12.0412.423.90
Borrowings35.7430.2919.59
Key Financial Ratios
71.52%
ROE
Return on Equity
21.74%
ROCE
Return on Capital Employed
50.07%
RONW
Return on Net Worth
5.25%
PAT Margin
PAT / Revenue
2.04
D/E Ratio
Debt to Equity
1.48
P/BV
Price to Book Value
37.17
Pre EPS
EPS Pre-Issue
2.42
Pre P/E
P/E Pre-Issue
About Malpani Pipes & Fittings Ltd.

Incorporated in 2017, Malpani Pipes and Fittings Limited is engaged in manufacturing high-grade plastic pipes.

The company offers High-Density Polyethylene (HDPE) Pipes, Medium-Density Polyethylene (MDPE) Pipes, and Linear Low-Density Polyethylene (LLDPE) Pipes, all marketed under its brand name "Volstar". Additionally, the company is involved in trading granules and PVC pipes, along with selling various services.

The company’s pipes are designed for irrigation, water supply, sewerage, drainage, boreholes, tube wells, and infrastructure projects like electrical cable and optical fiber installations.

The company’s manufacturing plant, located in Ratlam, Madhya Pradesh, is equipped with essential machinery and an in-house testing facility. It operates 10 production lines with a capacity of 11,500 M.T.P.A.
The company distributes products to wholesalers, and retailers, and supplies pipes for government projects through authorized contractors, as well as to farmers under welfare policies.

Products:

  • HDPE Pipes: High-Density Polyethylene (HDPE) pipes, available in 20mm to 2000mm sizes, are used for water supply, irrigation, and industrial piping due to strength, durability, and chemical resistance.
  • MDPE Pipes: MDPE pipes are durable, flexible, and corrosion-resistant, used in water supply, gas distribution, irrigation, mining, and construction projects for reliable performance.
  • Lateral Pipes (LLDPE): Lateral pipes, made from premium HDPE, are durable, flexible, and corrosion-resistant, ideal for irrigation, water supply, and drainage systems.
  • Drip Irrigation Pipes: Drip irrigation pipes efficiently deliver water to plants, conserving water and promoting healthy growth in agriculture, horticulture, and commercial applications.

As of December 31, 2024, the company had 51 full-time employees and 30 contract-based employees.

Competitive Strength:

  • Wide Geographical Reach
  • Strategically located manufacturing facilities with a core focus on quality
  • Diversified product mix
  • Experienced Promoter and strong management team
  • Quality
Frequently Asked Questions
What is the issue price of Malpani Pipes & Fittings Ltd. IPO?
The issue price of Malpani Pipes & Fittings Ltd. IPO is ₹90 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,600 shares, requiring ₹144,000.
What are the IPO dates?
Opens 29 Jan 2025, closes 31 Jan 2025.
When is the listing date?
Tentative listing: 04 Feb 2025 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹90 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Malpani Pipes & Fittings Ltd. IPO · Expected 03 Feb 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
03 Feb 2025
Refund Initiation
03 Feb 2025
Demat Credit
03 Feb 2025
Listing Date
04 Feb 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹90
Face ₹10
Lot Size
1,600
shares / lot
Min Amount
₹144,000
1 lot
Est. Listing
₹90
GMP +₹0
Key Dates
Open
29 Jan Done
Close
31 Jan Done
Listing
04 Feb Done
Registrar
Bigshare Services Pvt.Ltd.
A
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