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Open
29 Jan 2025
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Close
31 Jan 2025
3
Allotment
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Listing
Tue, Feb 4, 2025
Price Band
₹85 to ₹90
Issue Size
28,80,000 shares (agg. up to ₹26 Cr)
Lot Size
1,600 Shares
Listing Date
Tue, Feb 4, 2025
Latest GMP
₹2
Est. Gain
2.22%
✦ AI Insight
GMP Trend
04-02-2025₹2Est. ₹92+2.22%
03-02-2025₹2Est. ₹92+2.22%
02-02-2025₹2Est. ₹92+2.22%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 103.35x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 90.76 | 61.35 | 38.94 | 21.30 |
| Total Income | 84.55 | 141.16 | 82.57 | 34.94 |
| Profit After Tax | 5.09 | 7.40 | 2.08 | 0.89 |
| NET Worth | 19.73 | 14.77 | 5.83 | 3.76 |
| Reserves and Surplus | 12.04 | 12.42 | 3.90 | 1.83 |
| Total Borrowing | 35.74 | 30.29 | 19.59 | 8.98 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Solve Plastic Products Ltd. | SME | ₹11.85 Cr | ₹91 | 23.2 | ₹107.10 | +17.69% | ₹21.00 (-0.71%) |
| Polysil Irrigation Systems Ltd. | SME | ₹17.43 Cr | ₹54 | 47.08 | ₹54.25 | +0.46% | ₹122.65 (+10.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for plant and machineries | 3.50 |
| 2 | Repayment of Debt | 17.00 |
| 3 | General Corporate Purposes | 3.48 |
| 4 | Issue expenses | 1.94 |
| Total | 25.92 |
About Malpani Pipes 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 r
Contact Details
Malpani Pipes & Fittings Ltd. Address65-A, Sector B Industrial AreaRatlam, Madhya Pradesh, 45700107412-260707pipes@malpanipipes.comVisit Website