Malpani Pipes and Fittings Limited IPO opens for subscription on January 29, 2025, and closes on January 31, 2025. The IPO is a book-built issue of ₹25.92 crores, comprising a fresh issue of 28.80 lakh shares. The price band is set at ₹85 to ₹90 per share.
| Detail | Information |
|---|---|
| IPO Date | January 29, 2025 to January 31, 2025 |
| Listing Date | NA |
| 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 |
| Shareholding Pre-Issue | 78,97,500 shares |
| Shareholding Post-Issue | 1,07,77,500 shares |
About Malpani Pipes and Fittings Limited
Incorporated in 2017, Malpani Pipes and Fittings Limited is a leading manufacturer of high-grade plastic pipes, marketed under its brand name, “Volstar.” The company offers a wide range of products, including:
- HDPE Pipes
- MDPE Pipes
- LLDPE Pipes
- Drip Irrigation Pipes
The company’s pipes cater to industries such as agriculture, water supply, sewerage, drainage, and infrastructure projects like optical fiber installations. Its manufacturing plant in Ratlam, Madhya Pradesh, operates with a capacity of 11,500 M.T.P.A.
Competitive Strengths
- Wide geographical presence across India.
- Strategically located manufacturing plant with quality-focused operations.
- Diversified product mix for multiple industries.
- Experienced promoter and strong management team.
How to Apply for Malpani Pipes IPO
Investors can apply through the ASBA process via their net banking accounts or use UPI to bid for the IPO through approved brokers on the stock exchanges.
Important Note
Before applying, investors are advised to thoroughly review the company’s financials and risk factors. Investments are subject to market risks, and past performance is not indicative of future results.
