Malpani Pipes And Fittings IPO Details
SME
Malpani Pipes And Fittings IPO opens for subscription on 29 Jan 2025 and closes on 31 Jan 2025. The IPO will be listed on BSE with the tentative listing date set for 04 Feb 2025.
Malpani Pipes And Fittings IPO price band has been fixed at ₹85 – ₹90 per share.The face value is ₹10 per share with a lot size of 1600.
Malpani Pipes And Fittings IPO total issue size comprises 28,80,000 shares (aggregating up to ₹25.92 Cr). This includes a fresh issue of 28,80,000 shares (aggregating up to ₹ 25.92 Cr). Pre-issue shareholding stands at 78,97,500, which will increase to 1,07,77,500 post-issue.
Malpani Pipes And Fittings IPO carries a ₹2 (2.2%) GMP, reflecting investor sentiment.
Malpani Pipes And Fittings IPO Lot Size : Retain Minimum is 1 lot (1,600 shares) amounting to ₹144,000. Retain Maximum is 1 lot (1,600 shares) amounting to ₹144,000. SHNI Minimum is 2 lots (3,200 shares) amounting to ₹288,000.
The Lead Managers for Malpani Pipes And Fittings IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Interactive Financial Services Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Mnm Stock Broking. You can analyze their track record by checking the Market Maker Performance Summary report.
For detailed information, Refer to the Malpani Pipes And Fittings Limited RHP.
Malpani Pipes And Fittings IPO Details
Malpani Pipes And Fittings IPO Subscription
Malpani Pipes And Fittings IPO Application Wise Breakup
Malpani Pipes And Fittings IPO Dates
- 29 Jan 2025Opening dateOPD
- 31 Jan 2025Closing dateCOD
- 01 Feb 2025Allotment Date BOA
- 03 Feb 2025Initiation of RefundsIOR
- 03 Feb 2025Credit of SharesCOS
- 04 Feb 2025Listing dateLID
Malpani Pipes And Fittings IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retain Minimum | 1 | 1600 | ₹144,000 |
| Retain Maximum | 1 | 1600 | ₹144,000 |
| SHNI Minimum | 2 | 3200 | ₹288,000 |
| SHNI Maximum | 0 | 0 | ₹ |
| BHNI Minimum | 0 | 0 | ₹ |
Malpani Pipes And Fittings IPO Reservation
Promoter Holding
Malpani Pipes And Fittings IPO Valuations
Malpani Pipes And Fittings Financial Information
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 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 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
About Malpani Pipes And Fittings IPO
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 Reach
- Strategically located manufacturing facilities with a core focus on quality
- Diversified product mix
- Experienced Promoter and strong management team
- Quality
Strength Of Malpani Pipes And Fittings IPO
1. Wide Geographical Reach.
2. Strategically located manufacturing facilities with a core focus on quality.
3. Diversified product mix.
4. Our Quality.
5. Experienced Promoter and strong management team.
Risk Of Malpani Pipes And Fittings IPO
1. Our business depends on our manufacturing facility and shutdown of operations of the manufacturing facility on any reasons could adversely affect our business and results of operations.
2. We have not yet placed orders in relation to the capital expenditure to be incurred for the proposed purchase of equipment / machineries. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the equipment / machineries in a timely manner, or at all, the same may result in time and cost over-runs.
3. We derive a significant portion of our revenues from Our top ten customers. The loss of any significant customer may have an adverse effect on our business, financial condition, results of operations, and prospects.
4. Our top ten suppliers contribute majority of our purchases. Any loss of business with one or more of them may adversely affect our business operations and profitability.
5. There are outstanding litigations involving the Company which if determined against us, could adversely impact financial conditions.
6. Majority of Our operations are limited to the states of Northern India. Up till now, we are supplying our products to the customers spread over with the state of Northern India.
7. Any increase in the cost of our raw material or other purchases or a shortfall in the supply of our raw materials, may adversely affect the pricing and supply of our products and have an adverse effect on our business, results of operations and financial condition.
8. We engage in foreign currency transactions, which expose us to adverse fluctuations in foreign exchange rates. Fluctuations in the exchange rate between the Rupee and other currencies may adversely affect our operating results.
9. We have experienced negative cash flows from operating activities and may do so in the future, which could have a material adverse effect on our business, prospects, financial condition, cash flows and results of operations.
10. The unsecured loan availed by our Company from Directors may be recalled at any given point of time.
Objectives Malpani Pipes And Fittings IPO
- Capital Expenditure for purchase of machineries.
- Repayment of Debt
- General Corporate Purpose
Company Contact Details
Malpani Pipes And Fittings Limited
65-A,
Sector B Industrial Area,
Ratlam 457001
Phone: 07412-260707
Email: pipes@malpanipipes.com
Website: http://www.malpanipipes.com/
Registrar Contact Details
Lead Mangers
Lead Manager Reports
Market Maker
Market Maker Reports
Read more about Malpani Pipes And Fittings Limited IPO
- Malpani Pipes And Fittings Limited IPO Detail
- Malpani Pipes And Fittings Limited IPO Subscription Detail
- Malpani Pipes And Fittings Limited IPO GMP Detail
- Checked Live Malpani Pipes And Fittings Limited IPO Allotment Status
- Malpani Pipes And Fittings Limited IPO Basis Of Allotment
- Malpani Pipes And Fittings Limited IPO Price Calculator
- Malpani Pipes And Fittings Limited IPO Stock Price