Malpani Pipes and Fittings Limited IPO is opening for subscription from 29 January 2025 and continue until 28 January 2025. This SME IPO will be raising ₹25.92 crore from an entire fresh issue of 28.80 lakh equity shares.
The Malpani Pipes and Fittings IPO allotment date will be finalized on Monday, 3 February 2025. Malpani Pipes and Fittings shares will probably be listed on BSE SME on Wednesday, 5 February 2025.
Malpani Pipes and Fittings IPO’s price band has been set at ₹85 to ₹90 per share. The IPO lot size is 1600 per application which makes the minimum retail investment ₹144000. For the HNIs, the minimum investment is ₹288000 for buying 2 lots or 3200 shares.
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Malpani Pipes and Fittings BSE SME IPO Details
| Detail | Information |
| IPO Opening Date | January 29, 2025 |
| IPO Closing Date | January 31, 2025 |
| Tentative IPO Listing Date | February 3, 2025 |
| Face Value | ₹10 per share |
| Price Range | ₹85 to ₹90 per share |
| Lot Size | 1600 shares |
| Total Issue Size | 2880000 (₹25.92 Cr) |
| Fresh Issue | 2880000 (₹25.92 Cr) |
| IPO Segment | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre-Issue | 7897500 shares |
| Share Holding Post-Issue | 10777500 shares |
Malpani Pipes and Fittings Limited | Company Overview
Malpani Pipes and Fittings Limited embarked on the venture to manufacture high-quality plastic pipes in 2017. It offers a wide range of pipes which include –
- High-density Polyethylene Pipes
- Medium-density Polyethylene Pipes
- Linear-density Polyethylene Pipes
- Drip irrigation pipes
- PVC pipes
Apart from these products, it also offers services and trade granules. The products the firm offers are primarily designed for –
- Water supply
- Drainage
- Tube wells
- Sewerage
- Irrigation
- Boreholes
- Electrical cable installation
- Optical fibre installations
The manufacturing unit of the firm is located in Ratlam, Madhya Pradesh which has an in-house testing facility and all machinery required for the production. The current capacity of the firm is 11500 MTPA which is operated through 10 production lines. The firm distributes its products to wholesalers and retailers directly. Apart from that, authorised contractors, supplies pipes for various government projects.
Malpani Pipes and Fittings Limited IPO | Key Details
- Malpani Pipes and Fittings IPO Opening Date: January 29, 2025,
- Malpani Pipes and Fittings IPO Closing Date: January 31, 2025.
- Allotment Date: February 3, 2025
- Price Band: ₹85 to ₹ 90 per share
- Lot Size: 1600 shares
- Refunds Initiated: February 4, 2025
- Shares Credited to Demat: February 4, 2025
- Listing Date: February 5, 2025
Malpani Pipes and Fittings Ltd: Financial Overview
Malpani Pipes and Fittings Limited witnessed a whopping 255% surge in its profits in FY24 from a 70% rise in revenue. The reserve & surplus and net worth also rose for the period which indicates prudent management and business potential.
Here are the details of the financials of the firm
Amounts in ₹ Crore
| Financial Information | 31-Mar-24 | 31-Mar-23 | Change | Change (%) |
| Assets | 61.35 | 38.94 | 22.41 | 57.55007704 |
| Revenue | 141.16 | 82.57 | 58.59 | 70.95797505 |
| Profit After Tax | 7.4 | 2.08 | 5.32 | 255.7692308 |
| Net Worth | 14.77 | 5.83 | 8.94 | 153.3447684 |
| Reserve & Surplus | 12.42 | 3.9 | 8.52 | 218.4615385 |
| Total Borrowing | 30.29 | 19.59 | 10.7 | 54.61970393 |
Malpani Pipes and Fittings Ltd IPO | FAQs
Malpani Pipes and Fittings Ltd manufactures different types of polyethylene pipes for use in irrigation, water supply, drainage, electric supply etc.
The tentative IPO listing date of Malpani Pipes and Fittings has been fixed as Wednesday, February 5, 2025.
The bidding date for the Malpani Pipes and Fittings IPO is January 29, 2025, and it will continue until January 31 2025.
The minimum IPO lot size for Malpani Pipes and Fittings is 1600 shares and for HNIs, it is 2 lots or 3200 shares.
The IPO allotment is expected to be finalized on Monday, February 3, 2025.
The IPO face value is set at ₹10 per share.
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