IPO

Malpani Pipes And Fittings Limited IPO

BSE SME

Listed On: Feb 4, 2025 at ₹ 85.9

₹ 144000 /1600 Shares

Check Allotment
Malpani Pipes And Fittings IPO Details

29 Jan, 2025

Open Date

31 Jan, 2025

Close Date

03 Feb, 2025

Allotment Date

04 Feb, 2025

Listing Date

Issue Price

₹85-90 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Bigshare Services Pvt Ltd

List Price

85.9

Listing Date

2025-02-04

Market Lot

1600 Shares (₹144,000/-)

Lead Manager

Interactive Financial Services Ltd

Issue Size

28,80,000 shares(aggregating up to ₹25.92 Cr)

Retail Portion

35%

Subscription

146.92 times

IPO Docs

DRHP RHP

Malpani Pipes And Fittings IPO Details


Malpani Pipes And Fittings Limited IPO is an SME IPO, priced at ₹85-90 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 28,80,000 equity shares, aggregating up to ₹25.92 crores..

The IPO bidding window is open from Jan 29, 2025 to Jan 31, 2025. The allotment is expected to be finalized on Feb 3, 2025, and the tentative listing date is Feb 4, 2025.

The minimum lot size for retail investors is 1600 shares, with a minimum investment of ₹1,44,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,88,000.

Interactive Financial Services Ltd is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Mnm Stock Broking Private Limited will act as the market maker for this issue.

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Malpani Pipes And Fittings IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved5,58,400 / 4,16,0009,60,00019,34,400
Day 1 - 29-01-25 06:00 PM0.02 / 8.07 x12.42 x7.91 x
Day 2 - 30-01-25 06:00 PM0.88 / 39.76 x50.29 x33.76 x
Day 3 - 31-01-25 06:00 PM58.49 / 343.13 x113.35 x146.92 x
Total No. of Applications: 83,780 (Approx)

Malpani Pipes And Fittings Valuations

EPS Pre IPO

₹37.17/-

EPS Post IPO

₹/-

P/E Pre IPO

P/E Post IPO

ROE

71.52%

ROCE

21.74%

Debt/Equity

2.04

RoNW

50.07%

PAT Margin

5.25

Price to Book Value

1.48

Malpani Pipes And Fittings Company Financials All values are in ₹ Cr.

31-Mar-2431-Mar-2331-Mar-22
Assets61.3538.9421.3
Revenue141.1682.5734.94
Profit After Tax7.42.080.89
Net Worth14.775.833.76
Reserves & Surplus12.423.901.83
Total Borrowing30.2919.598.98

About The Company

Malpani Pipes and Fittings Limited that was incorporated in 2017 deals with the production of high-grade plastic pipes.

The company sells High-Density Polyethylene (HDPE) Pipes, Medium-Density Polyethylene (MDPE) Pipes, and Linear Low-Density Polyethylene (LLDPE) Pipes all under its brand name Volstar. Besides that, the company is into the trading of granules and PVC pipes, besides trading services.
Irrigation, water supply, sewerage, drainage, boreholes, tube wells, and infrastructure project such as electrification cable and optical fiber cable installation are through the company's pipe.

The Company's manufacturing facility is located in Ratlam, Madhya Pradesh. It is well-equipped with all the machineries as well as it has an in-house testing facility and comprises 10 lines of production along with a production capacity of 11,500 M.T.P.A.The company sells products to wholesalers, retailers, and also provides pipes to the government projects through the authorized contractors and farmers under welfare policies.

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

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Malpani Pipes And Fittings - Promoter(s)

Pre Issue Share Holding: 100%

Post Issue Share Holding: 73.28%

Company Promoter(s)
  1. Rohit Malpani
  2. Harsh Malpani
  3. Mohit Malpani

Malpani Pipes And Fittings IPO - Issue Objectives

  1. Capital Expenditure for purchase of machineries.
  2. Repayment of Debt
  3. General Corporate Purpose

Other Details

Company Contact Details

Malpani Pipes And Fittings

65-A, Sector B Industrial Area, Ratlam 457001

Phone: 07412-260707

Email: pipes@malpanipipes.com

Website: http://www.malpanipipes.com/

Registrar Contact Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: https://ipo.bigshareonline.com/ipo_status.html

Malpani Pipes And Fittings IPO - FAQs

Ans. Malpani Pipes And Fittings Limited IPO is a SME IPO. The issue is priced at ₹85-90 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Jan 29, 2025, and closes on Jan 31, 2025. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Malpani Pipes And Fittings Limited IPO opens on Jan 29, 2025 and closes on Jan 31, 2025.

Ans. The size of Malpani Pipes And Fittings Limited IPO is 28,80,000 shares(aggregating up to ₹25.92 Cr).

Ans. The IPO price band is set between ₹85-90 per equity share.

Ans. To apply for Malpani Pipes And Fittings Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Malpani Pipes And Fittings Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Malpani Pipes And Fittings Limited IPO is Feb 3, 2025.

Ans. The Malpani Pipes And Fittings Limited IPO will be listed on Feb 4, 2025.

Ans. Follow the steps to check the allotment status for Malpani Pipes And Fittings Limited IPO here.