Malpani Pipes IPO GMP Live, Open Date, Close Date, Price Band

Malpani Pipes IPO open date is from January 29, 2025 to January 31, 2025. This new IPO is a book-built issue worth up to Rs 25.92 crores of equity shares. This upcoming IPO is offering entirely a fresh issue of up to 28.80 lakh equity shares, there is no offers for sale part included in this IPO. 

Malpani Pipes IPO price band is Rs 85 – Rs 90 per share. As of now, Malpani Pipes IPO live GMP is at 0, indicating neutral sentiment among investors for this IPO.

Malpani Pipes IPO lot size is 1600 shares, and the allotment status will be finalised on Monday, February 3, 2025. The minimum investment for retail investors is 1 lot, which is Rs 1,44,000. The registrar for Malpani Pipes IPO is Bigshare Services Private Limited. The listing date is Wednesday, February 5, 2025.

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Malpani Pipes IPO GMP Live

Malpani Pipes IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 90 per share. You can check the latest IPO Grey Market Premium today online.

Malpani Pipes IPO Price Band

Malpani Pipes IPO price band is Rs 85 – Rs 90 per share. The minimum amount required for retail investors to participate in this IPO is Rs 1,44,000 (90 x 1600 shares). However, for the HNI category, the minimum investment amount required is 2,88,000 (90 x 3200 shares).

Malpani Pipes Allotment Status

Malpani Pipes IPO Allotment status will be available on its registrar Bigshare Services Private Limited website on Monday, February 3, 2025. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

Malpani Pipes Listing Date

Malpani Pipes IPO listing date has been decided on Wednesday, February 5, 2025. The Listing will be on the BSE SME platform. Retail investors can sell the shares after 10 AM on the listing day.

Malpani Pipes IPO: Listing Date, Lot Size, Issue Size, Price Band

Malpani Pipes IPO: About the Company

Malpani Pipes and Fittings Limited, incorporated in 2017, manufactures high-quality plastic pipes under the "Volstar" brand, including HDPE, MDPE, and LLDPE pipes. 

These products are widely used for irrigation, water supply, sewerage, drainage, and infrastructure projects such as cable installations. The company also trades granules and PVC pipes while providing related services. 

Its Ratlam, Madhya Pradesh manufacturing plant operates 10 production lines with a capacity of 11,500 M.T.P.A., featuring advanced machinery and in-house testing. Malpani Pipes serves wholesalers, retailers, government projects, and farmers under welfare schemes. 

The company has 51 full-time and 30 contract workers as of December 31, 2024, who are engaged by the company in the manufacture of a diversified product portfolio with strategic facilities and through quality adaptation.

Malpani Pipes IPO Objectives

Malpani Pipes IPO objectives include utilising the funding received from the fresh issue into various objectives, including capital expenditure for purchase of machinery, repayment debt and further to meet general corporate purposes.

Malpani Pipes IPO: Key Dates, Allotment, Listing Date

Malpani Pipes IPO Subscription status, IPO Reservation

Malpani Pipes IPO subscription reservations are as follows: not more than 50% of the net issue is reserved for QIB (Qualified Institutional Buyers), not less than 35% for the retail investors and not more than 15% for the HNI category is reserved.

Malpani Pipes IPO Lot Size Details

Malpani Pipes IPO lot size is set at 1600 shares per lot. The minimum amount required for retail investors to participate in this IPO is Rs 1,44,000 (90 x 1600 shares). However, for the HNI category, the minimum investment amount required is Rs 2,88,000 (90 x 3200 shares).

Malpani Pipes IPO Promoter Holdings

Malpani Pipes IPO promoter is Prashant Natwarlal Lakhani. The promoter's combined shareholdings before the IPO were 100%; however, post-IPO, their shareholdings will decline to 30.90%

Malpani Pipes Limited Financials (Amt in Lakhs)

Lead Manager and Registrar of Malpani Pipes IPO

Malpani Pipes PO lead manager is Interactive Financial Services Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

How to apply to the Malpani Pipes IPO

Interested investors who want to apply to the Malpani Pipes IPO can directly apply from the Bigul trading app, or you can apply on the Bigul website here. You can also check the details of other upcoming IPO on the Bigul platform.

Malpani Pipes IPO FAQs

1. What are the core details available of the Malpani Pipes IPO?

Malpani Pipes IPO is a book-built issue worth up to Rs 25.92 crores. The price band for this IPO is Rs 85 – Rs 90 per share. This upcoming IPO is offering entirely a fresh issue of up to 28.80 lakh equity shares.

2. What is the Malpani Pipes IPO open date and close date?

Malpani Pipes IPO subscription opens on Wednesday, January 29, 2025, and closes on Friday, January 31, 2025.

3. What is Malpani Pipes IPO GMP Live?

Malpani Pipes IPO GMP is at Rs 0. The IPO GMP today indicates the huge interest of retail investors. It is expected that the listing price can be the same as the allotment price, which is Rs 90 per share. You can check the latest IPO Grey Market Premium today online.

4. How do you check the IPO Allotment status?

Malpani Pipes IPO Allotment status is available on its registrar, Bigshare Services Private Limited website. Once the subscription ends after the closing of IPO bidding, the allotment status of investors who applied for IPO will be available on the registrar's website.

5. Who are the registrar and lead managers for Malpani Pipes IPO?

Malpani Pipes IPO lead manager is Interactive Financial Services Limited. The company has appointed Bigshare Services Private Limited as the registrar for this public issue.

Also Read:

• What is IPO?
• What is IPO GMP?
• Difference between IPO and FPO For Beginners
• Difference between SME IPO and Mainline IPO?