Malpani Pipes IPO GMP Today, Date, Price, Subscription Status 

Malpani Pipes IPO Overview

Interactive Financial Services Ltd is the book running lead manager of the Malpani Pipes IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.The market maker for Malpani Pipes IPO is Mnm Stock Broking Private Limited.

Refer to Malpani Pipes IPO RHP for detailed information.

Malpani Pipes IPO Important dates

Malpani Pipes IPO opens on January 29, 2025, and closes on January 31, 2025.

IPO Open Date	Wednesday, January 29, 2025
IPO Close Date	Friday, January 31, 2025
Basis of Allotment	Monday, February 3, 2025
Initiation of Refunds	Tuesday, February 4, 2025
Credit of Shares to Demat	Tuesday, February 4, 2025
Listing Date	Wednesday, February 5, 2025
Cut-off time for UPI mandate confirmation	5 PM on January 31, 2025

Malpani Pipes IPO Financial Performance

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

Malpani Pipes IPO Key Performance Indicator

The market capitalization of Malpani Pipes IPO is Rs 97.00 Cr.

KPI as of Sun, Mar 31, 2024.

Malpani Pipes IPO Objectives

The company intends to utilize the Net Proceeds from the issue towards the following objects:

1. Capital Expenditure for purchase of machineries.
2. Repayment of Debt
3. General Corporate Purpose

Malpani Pipes IPO Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application	Lots	Shares	Amount
Retail (Min)	1	1600	₹1,44,000
Retail (Max)	1	1600	₹1,44,000
HNI (Min)	2	3,200	₹2,88,000
Lot Size Calculator

Malpani Pipes IPO Details

IPO Date	January 29, 2025 to January 31, 2025
Listing Date	[.]
Face Value	₹10 per share
Price Band	₹85 to ₹90 per share
Lot Size	1,600 Shares
Total Issue Size	28,80,000 shares (aggregating up to ₹25.92 Cr)
Fresh Issue	28,80,000 shares (aggregating up to ₹ 25.92 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE SME
Share Holding Pre Issue	78,97,500 shares
Share Holding Post Issue	1,07,77,500 shares
Market Maker Portion	1,45,600 shares Mnm Stock Broking Private Limited

Malpani Pipes IPO Company Overview and Services

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

Malpani Pipes IPO SWOT Analysis

Strengths:

• Experienced Promoter: The company is led by a promoter with over 35 years of experience in the pipes and fittings industry.
• Strong Track Record: The company has a consistent track record of growth and profitability.
• Diversified Product Portfolio: The company offers a wide range of products, including PVC pipes, fittings, and other allied products.
• Established Distribution Network: The company has a strong distribution network across India.
• Focus on Innovation: The company is focused on developing new and innovative products.

Weaknesses:

• High Debt Levels: The company has high debt levels, which could pose a risk to its financial stability.
• Exposure to Raw Material Price Fluctuations: The company is exposed to fluctuations in the prices of raw materials, which could impact its margins.
• Competition: The company faces competition from established players in the industry.

Opportunities:

• Growing Demand for Infrastructure: The growing demand for infrastructure in India presents a significant opportunity for the company.
• Expansion into New Markets: The company can expand its operations into new markets, both domestically and internationally.
• Diversification into New Product Lines: The company can diversify its product portfolio to reduce its reliance on any single product line.

Threats:

• Economic Slowdown: An economic slowdown could impact demand for the company’s products.
• Government Regulations: Changes in government regulations could impact the company’s operations.
• Competition: The company faces competition from established players in the industry, as well as new entrants.

Malpani Pipes IPO GMP Details

The grey market premium (GMP) reflects the unofficial trading price of an IPO before its listing, offering insights into its potential market performance. A positive GMP indicates that the IPO may yield profits, while a negative GMP suggests a possible discount upon listing. However, it’s essential to recognize that IPO GMP can be highly volatile. Therefore, investors should not make decisions solely based on the GMP but should thoroughly assess all relevant factors before investing.

Malpani Pipes IPO Subscription Status

Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.

Malpani Pipes IPO Allotment status

Malpani Pipes IPO allotment is expected on Monday, February 3, 2025.

Malpani Pipes IPO allotment status is not available at this time. Malpani Pipes IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Malpani Pipes And Fittings Limited IPO allotment status.

Malpani Pipes IPO 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/

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

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