The Malpani Pipes And Fittings Limited IPO IPO is a sme offering scheduled to open on January 29. The issue is priced at ₹90 per share, with a minimum application of 1600 shares.
Status: Listed and trading
To apply for the Malpani Pipes And Fittings Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Minimum Investment: ₹144,000(approx. based on lower price band)
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.
Wed, Jan 29, 2025
CompletedFri, Jan 31, 2025
CompletedMon, Feb 3, 2025
CompletedMon, Feb 3, 2025
CompletedMon, Feb 3, 2025
CompletedTue, Feb 4, 2025
CompletedCategory | 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: Invalid Date
IPO Date | January 29, 2025 to January 31, 2025 |
Listing Date | February 4, 2025 |
Face Value | ₹10 per share |
Issue Price | ₹90 per share |
Lot Size | 1,600 Shares |
Total Issue Size | 28,80,000 shares (aggregating up to ₹25.92 Cr) |
Fresh Issue | 28,80,000 shares (aggregating up to ₹25.92 Cr) |
Issue Type | Bookbuilding IPO |
Listing At | BSE SME |
Share Holding Pre Issue | 78,97,500 shares |
Share Holding Post Issue | 1,07,77,500 shares |
Investor Category | Shares Offered |
---|---|
Anchor Investor Shares Offered | 8,00,000 (27.78%) |
Market Maker Shares Offered | 1,45,600 (5.06%) |
QIB Shares Offered | 5,58,400 (19.39%) |
NII (HNI) Shares Offered | 4,16,000 (14.44%) |
Retail Shares Offered | 9,60,000 (33.33%) |
Total Shares Offered | 28,80,000 (100%) |
IPO Open Date | Wed, Jan 29, 2025 |
IPO Close Date | Fri, Jan 31, 2025 |
Tentative Allotment | Mon, Feb 3, 2025 |
Initiation of Refunds | Mon, Feb 3, 2025 |
Credit of Shares to Demat | Mon, Feb 3, 2025 |
Tentative Listing Date | Tue, Feb 4, 2025 |
Cut-off time for UPI mandate confirmation | 5 PM on January 31, 2025 |
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1600 | ₹1,44,000 |
Retail (Max) | 1 | 1600 | ₹1,44,000 |
HNI (Min) | 2 | 3,200 | ₹2,88,000 |
Share Holding Pre Issue | 100% |
Share Holding Post Issue | 73.28% |
February 4, 2025 |
544351 |
INE0YON01014 |
₹90 per share |
Price Details | BSE SME |
---|---|
Final Issue Price | ₹90.00 |
Open | ₹85.90 |
Low | ₹81.61 |
High | ₹90.00 |
Last Trade | ₹84.04 |
Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
Assets | 90.76 | 61.35 | 38.94 | 21.3 |
Revenue | 84.55 | 141.16 | 82.57 | 34.94 |
Profit After Tax | 5.09 | 7.4 | 2.08 | 0.89 |
Net Worth | 19.73 | 14.77 | 5.83 | 3.76 |
Reserves and Surplus | 12.04 | 12.42 | 3.9 | 1.83 |
Total Borrowing | 35.74 | 30.29 | 19.59 | 8.98 |
The Malpani Pipes And Fittings Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Tip: Malpani Pipes And Fittings Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.