Malpani Pipes & Fittings Ltd

Malpani Pipes & Fittings Ltd IPO

IPO Price Range: ₹85 - 90

Malpani Pipes & Fittings Limited, an ISO 9001:2015 certified company based in Ratlam, Madhya Pradesh, manufactures a range of high-grade plastic pipes. Our products include High-Density Polyethylene (HDPE) Pipes, Medium-Density Polyethylene (MDPE) Pipes, and Linear Low-Density Polyethylene (LLDPE) Pipes, all marketed under the brand name VALSTAR. The company is also engaged in the trading of granules and PVC pipes, as well as the sale of services.

Min Investment

₹1,44,000

IPO Size

₹25 Cr

IPO Status

Closed

Quantity in 1 Lot

1600

Max Bid allowed

1

Listing Exchange

BSE

IPO Application Timeline of Malpani Pipes & Fittings Ltd

passed
Open Date29 Jan 2025
passed
Close Date31 Jan 2025
passed
Allotment Date1 Feb 2025
passed
Listing Date4 Feb 2025

IPO subscribed over

🚀 98.8889x

This IPO has been subscribed by 113.79x in retail and 58.49x in QIB.

Subscription Rate

Total Subscription98.8889x
Retail Individual Investors113.79x
Qualified Institutional Buyers58.49x
Non Institutional Investors343.5115x

Key Statistics

Bid Opening DateBid Opening Date29 Jan 2025
Bid Closing DateBid Closing Date31 Jan 2025
Allotment DateAllotment Date1 Feb 2025
Issue SizeIssue Size₹25.92Cr
Quantity in 1 lotQuantity in 1 lot1600

Strengths and Risks of Malpani Pipes & Fittings Ltd IPO

Strengths

Strengths

  • Wide Geographical Reach.

  • Strategically located manufacturing facilities with a core focus on quality.

  • Diversified product mix.

  • Our Quality.

  • Experienced Promoter and strong management team.


Risks

Risks

  • The company business depends on its manufacturing facility and shutdown of operations of the manufacturing facility on any reasons could adversely affect its business and results of operations.

  • The company has not yet placed orders in relation to the capital expenditure to be incurred for the proposed purchase of equipment / machineries. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the equipment / machineries in a timely manner, or at all, the same may result in time and cost over-runs.

  • The company derives a significant portion of its revenues from its top ten customers. The loss of any significant customer may have an adverse effect on the company business, financial condition, results of operations, and prospects.

  • Its top ten suppliers contribute majority of the company purchases. Any loss of business with one or more of them may adversely affect its business operations and profitability.

  • There are outstanding litigations involving the Company which if determined against it, could adversely impact financial conditions.

  • Majority of its operations are limited to the states of Northern India. Up till now, the company is supplying its products to the customers spread over with the state of Northern India.

  • Any increase in the cost of its raw material or other purchases or a shortfall in the supply of the company raw materials, may adversely affect the pricing and supply of its products and have an adverse effect on the company business, results of operations and financial condition.

  • The company engage in foreign currency transactions, which expose it to adverse fluctuations in foreign exchange rates. Fluctuations in the exchange rate between the Rupee and other currencies may adversely affect its operating results.

  • The company has experienced negative cash flows from operating activities and may do so in the future, which could have a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.

  • The unsecured loan availed by the Company from Directors may be recalled at any given point of time.

Promoters Holding

Investors Holdings %
Rohit Malpani18.13%
Harsha Malpani20.7%
Mohit Malpani21.05%
Deepak Malpani HUF2.47%
Hirendra Malpani HUF2.47%

Frequently Asked Questions of Malpani Pipes & Fittings Ltd IPO

  • What is the size of the Malpani Pipes & Fittings Ltd IPO?

    The size of the Malpani Pipes & Fittings Ltd IPO is ₹25.92Cr .

  • What is 'pre-apply' for Malpani Pipes & Fittings Ltd IPO?

    'Pre-apply' for Malpani Pipes & Fittings Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Malpani Pipes & Fittings Ltd IPO order be placed?

    Your Malpani Pipes & Fittings Ltd IPO order will be placed on 29 Jan 2025.

  • What are the open and close dates of the Malpani Pipes & Fittings Ltd IPO?

    The open and close dates of the Malpani Pipes & Fittings Ltd IPO are 29 Jan 2025 to 31 Jan 2025.

  • What is the lot size and minimum order quantity of the Malpani Pipes & Fittings Ltd IPO?

    The lot size and minimum order quantity of the Malpani Pipes & Fittings Ltd IPO are 1600 and 1600 respectively.

  • What would be the listing gains on the Malpani Pipes & Fittings Ltd IPO?

    The potential listing gains on the Malpani Pipes & Fittings Ltd IPO will depend on various market factors and cannot be predicted with certainty.