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Malpani Pipes And Fittings Limited IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.90.00
Issue Size:
Rs.25.92 Cr
Lot Size:
1600 shares
Open Date:
January 29
Malpani Pipes And Fittings Limited IPO Overview
Bidding Dates
January 29 - January 31
Min Investment
₹144,000
Price Range
₹90.00
Issue Size
₹25.92 Cr
IPO DRHP Doc
Company Overview
Incorporated in 2017, Malpani Pipes and Fittings Limited manufactures high-grade plastic pipes, including HDPE, MDPE, and LLDPE, marketed under the brand "Volstar." The company also trades granules and PVC pipes. Its products are used in irrigation, water supply, sewerage, drainage, boreholes, tube wells, and infrastructure projects. The manufacturing plant in Ratlam, Madhya Pradesh, has 10 production lines with a capacity of 11,500 M.T.P.A. The company distributes products to wholesalers, retailers, and government projects, and employs 51 full-time and 30 contract-based employees.
IPO Timeline
Opens
Jan 29
Closes
Jan 31
Allotment
Feb 3
Refunds
Feb 3
Shares Credit
Feb 3
Listing
Feb 4
Opens
Jan 29
Closes
Jan 31
Allotment
Feb 3
Refunds
Feb 3
Shares Credit
Feb 3
Listing
Feb 4
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 58.49x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 343.13x | Oversubscribed |
| RII (Retail Individual Investors) | 113.35x | Oversubscribed |
| Total Subscription | 146.93x | Oversubscribed |
Last updated: Jan 31, 2025, 05:06 PM
Current GMP:
Rs.2
Est. Listing:
Rs.92
Est. Gain:
+2.2%
Star Rating:
★★★★★(1/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2024 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Assets | ₹61.35 Cr | ₹61.35 Cr | ₹38.94 Cr | ₹21.3 Cr |
| Net Worth | ₹14.77 Cr | ₹14.77 Cr | ₹5.83 Cr | ₹3.76 Cr |
| Profit After Tax | ₹7.4 Cr | ₹7.4 Cr | ₹2.08 Cr | ₹0.89 Cr |
| Reserves and Surplus | ₹12.42 Cr | ₹12.42 Cr | ₹3.9 Cr | ₹1.83 Cr |
| Revenue | ₹141.16 Cr | ₹141.16 Cr | ₹82.57 Cr | ₹34.94 Cr |
| Total Borrowing | ₹30.29 Cr | ₹30.29 Cr | ₹19.59 Cr | ₹8.98 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Broad distribution network across India, operating in 16 states.
- Manufacturing facility in Ratlam, strategically located to serve key markets.
- Diverse product range, including HDPE, MDPE, and LLDPE pipes, and irrigation solutions.
- Manufacturing facility certified under ISO 9001:2015, with in-house testing for quality assurance.
- Experienced leadership team with expertise in manufacturing, marketing, and financial management.
IPO Details
Malpani Pipes IPO Details
| Face Value | ₹10 per share |
| Fresh Issue | 28,80,000 shares (aggregating up to ₹25.92 Cr) |
| IPO Date | January 29, 2025 to January 31, 2025 |
| Issue Price | ₹90 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Listing Date | February 4, 2025 |
| Lot Size | 1,600 Shares |
| Share Holding Post Issue | 1,07,77,500 shares |
| Share Holding Pre Issue | 78,97,500 shares |
| Total Issue Size | 28,80,000 shares (aggregating up to ₹25.92 Cr) |
Malpani Pipes IPO Reservation
Share Reservation Distribution
Retail
960,000 shares (33.33%)
Anchor Investors
800,000 shares (27.78%)
QIB
558,400 shares (19.39%)
HNI (NII)
416,000 shares (14.44%)
Market Maker
145,600 shares (5.06%)
Malpani Pipes IPO Promoter Holding
| Share Holding Post Issue | 73.28% |
| Share Holding Pre Issue | 100% |
Malpani Pipes IPO Listing Details
| ₹90 per share |
| 544351 |
| February 4, 2025 |
| INE0YON01014 |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹90.00 |
| High | ₹90.00 |
| Last Trade | ₹84.04 |
| Low | ₹81.61 |
| Open | ₹85.90 |
Key Dates
Open Date:January 29
Close Date:January 31
Listing Date:February 4
