Malpani Pipes And Fittings Limited
GMP
₹10 (11.11%)
Offer Date
29 Jan 2025 to 31 Jan 2025
Offer Price
₹85 to ₹90
Lot Share
1600 Share
Minimum Investment
₹1,44,000/ 1600 Shares
Malpani Pipes And Fittings Limited IPO Details
Malpani Pipes And Fittings Limited IPO has an issue size of Approx ₹25.92 Crores, with a face value of ₹10 per share and a price band ranging from ₹85 to ₹90 per share.
Opening Date
29 Jan 2025
Closing Date
31 Jan 2025
Allotment Date
3 Feb 2025
Refund Intiated Date
4 Feb 2025
Demat Transfer Date
4 Feb 2025
Issue Size
Approx ₹25.92 Crores
Fresh Issue
Approx ₹25.92 Crores
Offer for sale
-
Malpani Pipes And Fittings Limited Subscription Details
Malpani Pipes And Fittings Limited IPO subscription till 31 Jan 2025 04:27:31 pm as QIB quota 58.49x, HNI quota 343.51x and Retail quota 113.79x with the total subscription of 147.23 Times.
Malpani Pipes And Fittings Limited IPO Objects Of the Issue
The company plans to use the Net Proceeds from the issue for the following purposes:
Capital expenditure for the acquisition of machinery.
Repayment of existing debt.
General corporate purposes.
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Applications
-
S-HNI App
-
B-HNI App
-
Issue Type
Book Built Issue IPO
Listing At
BSE
Registrar
Bigshare Services Pvt Ltd
Malpani Pipes And Fittings Limited Promoters Holdings
Malpani Pipes And Fittings Limited Promoters
Rohit Malpani
Harsh Malpani
Mohit Malpani
Malpani Pipes And Fittings Limited Company Financials (in Lakhs)
As of 30 Nov 2024 , Malpani Pipes And Fittings Limited company reported assets of 90.76 Lakhs, revenue of 84.55 Lakhs, and a profit after tax of 5.09 Lakhs.
Malpani Pipes And Fittings Limited Peer Groups
Aik Pipes and Polymers Limited
Kriti Industries (India) Ltd
Malpani Pipes And Fittings Limited IPO Registrar
Bigshare Services Pvt Ltd
Tel: +91-22-6263 8200
E-mail: ipo@bigshareonline.com
Malpani Pipes And Fittings Limited Address
Malpani Pipes And Fittings Limited
65-A, Sector B Industrial Area, Ratlam 457001
Phone: 07412-260707
E-mail: pipes@malpanipipes.com
Website: http://www.malpanipipes.com/
About Malpani Pipes And Fittings Limited
Malpani Pipes and Fittings Limited, established in 2017, specializes in the production of high-quality plastic pipes. The company manufactures a range of pipes, including High-Density Polyethylene (HDPE), Medium-Density Polyethylene (MDPE), and Linear Low-Density Polyethylene (LLDPE) pipes, all marketed under its "Volstar" brand. In addition to pipe manufacturing, Malpani Pipes also trades in granules and PVC pipes and offers a variety of related services.
The company’s pipes are used in a wide array of applications, including irrigation, water supply, sewerage, drainage, boreholes, tube wells, and infrastructure projects like electrical cable and optical fiber installations.
Located in Ratlam, Madhya Pradesh, the company operates a state-of-the-art manufacturing facility with 10 production lines and a capacity of 11,500 M.T.P.A., complete with an in-house testing facility. Malpani Pipes distributes its products to wholesalers, retailers, and government projects through authorized contractors, as well as directly to farmers through welfare programs.