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Malpani Pipes And Fittings Limited IPO (Malpani Pipes And Fittings Limited IPO) Details
Malpani Pipes And Fittings Limited
Malpani Pipes And Fittings Limited IPO's overview
Malpani Pipes And Fittings Limited IPO is a book built issue of ₹25.92 Cr (25,92,00,000). The issue includes a fresh issue of 28.80 Lakh (28,80,000) shares aggregating to ₹25.92 Cr (25,92,00,000).
Malpani Pipes And Fittings Limited IPO bidding started from Jan 29, 2025 and ended on Jan 31, 2025. The allotment for Malpani Pipes And Fittings Limited IPO was finalized on Feb 03, 2025. The shares got listed on NSE, BSE on Feb 05, 2025.
Malpani Pipes And Fittings Limited IPO price band is set at ₹85 to ₹90 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹1.36 Lakh (1,36,000).
Refer to Malpani Pipes And Fittings Limited IPO RHP for detailed information.
IPO date
Jan 29,2025 - Jan 31,2025
Listing Date
Feb 05,2025
Face value
₹10
Price Band
₹85 to ₹90 per share
Lot
₹1600 Shares
Total Issue Size
28.80 Lakh (28,80,000)
aggregating up to ₹25.92 Cr (25,92,00,000)
Fresh Issue
28.80 Lakh (28,80,000)
aggregating up to ₹25.92 Cr (25,92,00,000)
Issue Type
Book Building
IPO Type
SMEListing At
NSEBSE
Pre Issue Size
78.97 Lakh (78,97,500)
Post Issue Size
1.08 Cr (1,07,77,500)
Wed, Jan 29, 2025
IPO Open
Fri, Jan 31, 2025
IPO Close
Mon, Feb 03, 2025
Basis of Allotment
Tue, Feb 04, 2025
Initiation of Refunds
Tue, Feb 04, 2025
Credit of Shares to Demat
Wed, Feb 05, 2025
Listing
Malpani Pipes And Fittings Limited IPO Day-wise IPO GMP Trend
Malpani Pipes And Fittings Limited IPO last GMP is ₹20, last updated Jan 24,2025. With the price band of 90.00, Malpani Pipes And Fittings Limited IPO's estimated listing price is ₹110 (cap price + today's GMP).The expected percentage gain/loss per share is 22.22%.
| Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
|---|---|---|---|---|
| 24-Jan-25 | 90.00 | 20 | 110(22.22%) | 24-Jan-2025 14:30 |
| 23-Jan-25 | 90.00 | 20 | 110(22.22%) | 23-Jan-2025 22:26 |
Malpani Pipes And Fittings Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
Retail(Min) | 1 | 1,600 | ₹1.44 Lakh (1,44,000) |
Retail(Max) | 1 | 1,600 | ₹1.44 Lakh (1,44,000) |
SHNI(Min) | 2 | 3,200 | ₹2.88 Lakh (2,88,000) |
Malpani Pipes And Fittings Limited IPO Financial Information (Restated Consolidated)
| Label | Nov 30, 2024 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 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 |
| Malpani Pipes And Fittings Limited Financial Information | ||||
About Malpani Pipes And Fittings Limited
Incorporated: 2017
Industry: Plastic Pipes and Fittings Manufacturing
Business Description
Malpani Pipes and Fittings Limited specializes in manufacturing high-grade plastic pipes, marketed under the brand name "Volstar." The company's products cater to diverse applications such as irrigation, water supply, sewerage, drainage, and infrastructure projects, including electrical cable and optical fiber installations.
In addition to manufacturing, the company is involved in trading granules, PVC pipes, and providing various related services.
Key Products
-
HDPE Pipes:
- Sizes: 20mm to 2000mm
- Applications: Water supply, irrigation, and industrial piping
- Features: High strength, durability, and chemical resistance
-
MDPE Pipes:
- Applications: Water supply, gas distribution, irrigation, mining, and construction projects
- Features: Durable, flexible, and corrosion-resistant
-
Lateral Pipes (LLDPE):
- Applications: Irrigation, water supply, and drainage systems
- Features: Durable, flexible, and corrosion-resistant
-
Drip Irrigation Pipes:
- Applications: Agriculture, horticulture, and commercial setups
- Features: Efficient water delivery, conserving water, and promoting healthy plant growth
Manufacturing and Operations
- Manufacturing Facility: Ratlam, Madhya Pradesh
- Capacity: 11,500 M.T.P.A. across 10 production lines
- Facilities: Equipped with advanced machinery and an in-house testing facility to ensure quality
Market and Distribution
The company distributes products through:
- Wholesalers and Retailers
- Supplies pipes for government projects via authorized contractors
- Directly supports farmers under welfare policies
Workforce (As of December 31, 2024)
- Full-Time Employees: 51
- Contract-Based Employees: 30
Competitive Strengths
-
Wide Geographical Reach:
- Diverse markets across regions for product distribution.
-
Strategically Located Facility:
- Manufacturing plant in Ratlam, Madhya Pradesh, ensuring logistical efficiency.
-
Diversified Product Mix:
- Comprehensive range of pipes catering to various industries and applications.
-
Experienced Promoter and Management Team:
- Leadership with a strong industry background driving growth.
-
Focus on Quality:
- In-house testing facilities and robust quality assurance processes.
Conclusion
Malpani Pipes and Fittings Limited combines quality manufacturing, a diversified product portfolio, and a strong distribution network to meet the needs of various industries and infrastructure projects. With a strategic focus on quality and innovation, the company is poised for sustained growth in the plastic piping sector.
Malpani Pipes And Fittings Limited IPO's documents
Malpani Pipes And Fittings Limited Contact Details
65-A,
Sector B Industrial Area,
Ratlam 457001
Phone: 07412-260707
Email: [email protected]
Website: http://www.malpanipipes.com/
Malpani Pipes And Fittings Limited IPO's Promoters
Rohit Malpani, Harsh Malpani and Mohit Malpani are the promoters of the company.