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Malpani Pipes & Fittings Ltd.

Malpani Pipes & Fittings Ltd.

BSE SME · SME IPO
Listed BSE SME SME Live Chart
Issue Price
₹90
₹90
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹90
Based on GMP
Min. Investment
₹144,000
1 lot × 1600 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
29 Jan 2025
Close Date
31 Jan 2025
Allotment
03 Feb 2025
Listing Date
04 Feb 2025
Exchange
BSE SME
Price Band
₹90
Listing Price
See chart
Allotment Status
Price Band
₹90
Per share
Face Value
₹10 per share
 
Lot Size
1,600 Shares
per lot
Issue Size
28,80,000 shares (aggregating up to ₹25.92 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹144,000
1 lot
Pre-IPO Holding
78,97,500 shares
Promoters
Post-IPO Holding
1,07,77,500 shares
Promoters
P/E (Pre)
2.42x
 
EPS (Pre)
₹37.17
 
UPI Deadline
2025-01-31
Mandate
Anchor AllotmentTue, 28 Jan 2025
Basis of AllotmentMon, 03 Feb 2025
Refund InitiationMon, 03 Feb 2025
Demat CreditMon, 03 Feb 2025
Listing DayTue, 04 Feb 2025
UPI Mandate Deadline2025-01-31
Sale TypeFresh Capital
Net Offer to Public27,34,400 shares (aggregating up to ₹24.61 Cr)
Market Maker Quota1,45,600 shares (aggregating up to ₹1.31 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Malpani Pipes & Fittings Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 31 Jan 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
Market Maker
Awaited
145,600
₹1.31
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
2,880,000
100% ₹25.92
IPO Shares Offered
Malpani Pipes & Fittings Ltd. IPO total issue size: ₹25.92 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 145,600 ₹1.31
5.06%
Total 2,880,000 ₹25.92
100.00%
* Based on upper price band ₹90 per share
Lot Size & Investment
Lot Size
1,600
Shares per Lot
Issue Price
₹90.00
Upper Band
Min Investment
₹144,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)23,200₹288,000
Retail (Max — 13 Lots)1320,800₹1,872,000
S-HNI (Min — 14 Lots)1422,400₹2,016,000
B-HNI (Min — 68 Lots)68108,800₹9,792,000
* Issue Price ₹90 × Lot Size 1,600 shares
IPO Schedule
Anchor
28 Jan 2025
✓ Done
IPO Open
29 Jan 2025
✓ Done
IPO Close
31 Jan 2025
✓ Done
Allotment
03 Feb 2025
✓ Done
Refunds
03 Feb 2025
✓ Done
Demat Credit
03 Feb 2025
✓ Done
Listing Day
04 Feb 2025
✓ Done
Malpani Pipes & Fittings Ltd. — Live Price LIVE
₹90.00
INR · BSE
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Issue ₹90.00 Live Price
About Malpani Pipes & Fittings Ltd.
Incorporated in 2017, Malpani Pipes and Fittings Limited is engaged in manufacturing high-grade plastic pipes.The company offers High-Density Polyethylene (HDPE) Pipes, Medium-Density Polyethylene (MDPE) Pipes, and Linear Low-Density Polyethylene (LLDPE) Pipes, all marketed under its brand name "Volstar". Additionally, the company is involved in trading granules and PVC pipes, along with selling various services.The company’s pipes are designed for irrigation, water supply, sewerage, drainage, boreholes, tube wells, and infrastructure projects like electrical cable and optical fiber installations.The company’s manufacturing plant, located in Ratlam, Madhya Pradesh, is equipped with essential machinery and an in-house testing facility. It operates 10 production lines with a capacity of 11,500 M.T.P.A.The company distributes products to wholesalers, and retailers, and supplies pipes for government projects through authorized contractors, as well as to farmers under welfare policies.Products:HDPE Pipes: High-Density Polyethylene (HDPE) pipes, available in 20mm to 2000mm sizes, are used for water supply, irrigation, and industrial piping due to strength, durability, and chemical resistance.MDPE Pipes: MDPE pipes are durable, flexible, and corrosion-resistant, used in water supply, gas distribution, irrigation, mining, and construction projects for reliable performance.Lateral Pipes (LLDPE): Lateral pipes, made from premium HDPE, are durable, flexible, and corrosion-resistant, ideal for irrigation, water supply, and drainage systems.Drip Irrigation Pipes: Drip irrigation pipes efficiently deliver water to plants, conserving water and promoting healthy growth in agriculture, horticulture, and commercial applications.As of December 31, 2024, the company had 51 full-time employees and 30 contract-based employees.Competitive Strength:Wide Geographical ReachStrategically located manufacturing facilities with a core focus on qualityDiversified product mixExperienced Promoter and strong management teamQuality
Objects of the Issue
1
Capital Expenditure for purchase of machineries.
2
Repayment of Debt
3
General Corporate Purpose
Malpani Pipes & Fittings Ltd. Financials (Amount in ₹ Crores)
Revenue from Operations
₹82.6
31 Mar 2023
₹141.2
31 Mar 2024
₹84.6
30 Nov 2024
Profit After Tax (PAT)
₹2.1
31 Mar 2023
₹7.4
31 Mar 2024
₹5.1
30 Nov 2024
Particulars30 Nov 202431 Mar 202431 Mar 2023
Revenue from Operations 84.55 141.16 82.57
EBITDA N/A N/A N/A
Profit After Tax (PAT) 5.09 7.40 2.08
Net Worth 19.73 14.77 5.83
Total Assets 90.76 61.35 38.94
Reserves & Surplus 12.04 12.42 3.90
Borrowings 35.74 30.29 19.59
EBITDA Margin (%) N/A
PAT Margin (%) 5.25%
P/BV Ratio
1.48
RoE
71.52%
RoCE
21.74%
RoNW
50.07%
PAT Margin
5.25%
Debt/Equity
2.04
Issue Structure & Shareholding
Total Shares Offered28,80,000 (100.00%)
Net Offer to Public27,34,400 shares (aggregating up to ₹24.61 Cr)
Reserved for Market Maker1,45,600 shares (aggregating up to ₹1.31 Cr)
Pre-Issue Promoter Holding78,97,500 shares
Post-Issue Promoter Holding1,07,77,500 shares
P/BV Ratio1.48
RoE71.52%
RoCE21.74%
Debt / Equity2.04
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Interactive Financial Services Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Malpani Pipes & Fittings Ltd. IPO subscribed?

Malpani Pipes & Fittings Ltd. IPO is subscribed 1.00 times by Jan 31, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Malpani Pipes & Fittings Ltd. IPO retail subscription status?

The Malpani Pipes & Fittings Ltd. IPO retail category is subscribed 1.00 times as of 31 Jan 2025. The retail portion is oversubscribed.

How to subscribe Malpani Pipes & Fittings Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 29 Jan 2025 and closes 31 Jan 2025. Min investment: ₹144,000 (1 lot = 1,600 shares). UPI mandate: 2025-01-31.

How many times Malpani Pipes & Fittings Ltd. IPO subscribed?

The Malpani Pipes & Fittings Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Malpani Pipes & Fittings Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 03 Feb 2025. Refunds: on 03 Feb 2025.

When Malpani Pipes & Fittings Ltd. IPO will be listed?

The Malpani Pipes & Fittings Ltd. IPO listing date is 04 Feb 2025, Tuesday. Listed on: BSE SME. Issue price: ₹90. Estimated listing: ₹90. GMP: NIL.

When Malpani Pipes & Fittings Ltd. IPO close?

The Malpani Pipes & Fittings Ltd. IPO closes on 31 Jan 2025, Friday. UPI mandate: 2025-01-31. Allotment: 03 Feb 2025. Listing: 04 Feb 2025.