Malpani Pipes And Fittings
LISTEDIPO Date: 29 Jan - 31 Jan 2025
Listing Date: 4 Feb 2025
Price Range
₹85 – ₹90
Issue Size
26 Cr
Min Investment
₹2,72,000
2 lots minimum (SEBI rule for SME)
Min Application
3200 Shares
1600 per lot × 2
Schedule of Malpani Pipes And Fittings
Issue open date
29 Jan 2025
Issue close date
31 Jan 2025
UPI mandate deadline
31 Jan 2025 (5 PM)
Allotment finalization
3 Feb 2025
Share credit
4 Feb 2025
Listing date
4 Feb 2025
Mandate end date
15 Feb 2025
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 26 Cr |
| Fresh Issue | 25.92 Cr |
| Offer for Sale | 0 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 3 Feb 2025 |
| Allotment Link | {Link} |
Grey Market Premium
NewGrey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | IPO Price | GMP | Est. Listing Price |
|---|---|---|---|
| 4 Feb 2025Latest | ₹90 | ₹2 | ₹92(+2.22%) |
| 3 Feb 2025 | ₹90 | ₹2 | ₹92(+2.22%) |
| 1 Feb 2025 | ₹90 | ₹6 | ₹96(+7%) |
| 31 Jan 2025 | ₹90 | ₹20 | ₹110(+22%) |
| 30 Jan 2025 | ₹90 | ₹10 | ₹100(+11.11%) |
| 29 Jan 2025 | ₹90 | ₹27 | ₹117(+30%) |
| 28 Jan 2025 | ₹90 | ₹28 | ₹118(+31%) |
| 27 Jan 2025 | ₹90 | ₹24 | ₹114(+27%) |
Performance Malpani Pipes And Fittings
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹85 – ₹90 | ₹ 86 (-4.56%) | ₹ 62.5 | -30.56% |
About Malpani Pipes And Fittings
Incorporated in 2017, Malpani Pipes & Fittings Limited manufactures High-Density Polyethylene (HDPE), Medium-Density Polyethylene (MDPE), and Linear Low-Density Polyethylene (LLDPE) pipes, primarily for water supply, irrigation, and infrastructure projects. Based in Ratlam, Madhya Pradesh, the company operates a manufacturing plant with a capacity of 11,500 M.T.P.A. It supplies products to wholesalers, retailers, and government projects. Its client base includes companies such as GR Infra Projects Ltd. and JWIL Infra Limited. The company has developed expertise in providing pipes for various applications and operates across multiple regions in India.
| Founded in | 2017 |
| Managing director | Mr. Rohit Malpani |
| Parent organization | Malpani Pipes & Fittings Ltd |
Financial Overview
Strengths
5- 1
Broad distribution network across India, operating in 16 states.
- 2
Manufacturing facility in Ratlam, strategically located to serve key markets.
- 3
Diverse product range, including HDPE, MDPE, and LLDPE pipes, and irrigation solutions.
- 4
Manufacturing facility certified under ISO 9001. 2015, with in-house testing for quality assurance.
- 5
Experienced leadership team with expertise in manufacturing, marketing, and financial management.
Risks
6- 1
Delays in equipment orders may cause cost overruns.
- 2
Loss of major customers could hurt revenue.
- 3
Raw material cost hikes or shortages may affect pricing.
- 4
Changing plastic product regulations may impact operations.
- 5
Transportation dependency may disrupt supply and delivery.
- 6
Intense competition could affect market share.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 58.49 |
| Non-Institutional Investors (NIIs) | 343.13 |
| Retail Individual Investors (RIIs) | 113.15 |
| Employee | N/A |
| Total | 146.93 |