MALPANI PIPES AND FITTINGS LIMITED

29 Jan 2025 - 31 Jan 2025 Individual Category SME BSE

Min Investment

₹144000

Price Band

₹85-₹90

Issue Size

28.8 lakhs
Equity Shares

Lot Size

1600

IPO Dates
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29 Jan 2025

Open Date

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31 Jan 2025

Close Date

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03 Feb 2025

Allotment Date

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05 Feb 2025

Listing Date

Malpani Pipes IPO open date is from January 29, 2025 to January 31, 2025. This new IPO is a book-built issue 28.80 lakh equity shares. This upcoming IPO is offering entirely a fresh issue, 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.

Know Before Investing

Strengths icon

  • Wide Geographical Reach.
  • Strategically located manufacturing facilities with a core focus on quality.
  • Diversified product mix.

Weaknesses icon

  • Business depends on their manufacturing facility and its shut down may impact.
  • They derive a significant portion of our revenues from top ten customers.
  • There are outstanding litigations involving the Company.

About Malpani Pipes And Fittings Limited

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.

Founded

2017

Managing Director

Rohit Malpani

Parent Organization

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

Company Promoters

ohit Malpani

Harsh Malpani

Mohit Malpani

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

How to Apply for IPO

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Select Lots & Price

Choose the number of lots and price

UPI ID

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UPI Mandate Request

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Approve Mandate

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IPO Allotment

YES Share will be credited. and the amount will be debited

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