Malpani Pipes And Fittings Limited

Malpani Pipes And Fittings Limited

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹85 - ₹90

Total Issue

₹25.92 Cr

Bid Dates

29 Jan - 31 Jan

Subscription

x

Est. GMP

₹0 (0.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Malpani Pipes & Fittings Limited, an ISO 9001:2015 certified company based in Ratlam, Madhya Pradesh, is a trusted manufacturer of high-quality plastic piping solutions. Their product range includes HDPE, MDPE, and LLDPE pipes, marketed under their proprietary brand. The company also trades in granules and PVC pipes and provides related services.

With a modern manufacturing facility in central India, Malpani Pipes ensures quality through in-house testing and compliance with national standards. For government and welfare projects, their products undergo mandatory third-party testing by accredited agencies such as CIPET, SGS, Bureau Veritas, and CEIL

Their pipes are used in diverse applications—irrigation, drinking water supply, sewage systems, bore wells, and infrastructure projects involving electrical and fiber optic cabling.

Lot Info

Lot Information for Malpani Pipes And Fittings IPO
Category Lots Shares Amount
Individual (Min) 1 1,600 ₹1,44,000
Individual (Max) 1 1,600 ₹1,44,000
S-HNI (Min) 2 3,200 ₹2,88,000
S-HNI (Max) 6 9,600 ₹8,64,000
B-HNI (Min) 7 11,200 ₹10,08,000
Market Maker
1,45,600 EQ Share
Employee
₹0.00
Shareholder
₹0.00

Issue Size

Total ₹25.92 Cr
Fresh Issue
₹25.92 Cr (0.29 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹0
Est. Price ₹90
Est. Gain 0.00%

Malpani Pipes And Fittings IPO Peer Comparison

(Rs. in crores)

Malpani Pipes And Fittings IPO Peer Comparison Table
Particulars Co. Aik Pipes And Polymers Kriti Industries
Revenue from Ops (in Crs.) 140.96 37.37 870.00
PAT (In Crs.) 7.40 3.41 21.04
EPS - Basic 37.17 6.69 4.32
NAV per share 60.80 34.46 30.32
RONW 50.07 15.56 13.99
EBITDA 9.41 12.52 7.22
PAT Margin 5.25 9.13 2.42
Price to earning (PE) 2.42 15.70 36.44
  • All the information pertains to FY 2023-24
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 31, 2024 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Malpani Pipes And Fittings IPO
Particulars Nov-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 84.10 140.96 82.45 34.91
Profit after Tax 5.09 7.40 2.08 0.89
Net Worth 19.73 14.77 5.83 3.76
Total Borrowing 35.74 30.29 19.59 8.98
Total Assets 73.07 45.62 29.19 12.67
NAV per share (in ₹) 24.98 60.80 30.23 19.50
EPS - Basic (in ₹) 6.45 37.17 10.78 4.61

KPIs

EBITDA

9.41

PAT

5.25

ROE

71.52

ROCE

21.74

PE Ratio

2.42

PB Ratio

1.48

Mkt Cap (in Crs.)

97.00

  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.

Shareholding

Promoter

40.12%

Public

59.88%

Harsh Malpani 20.70%
Mohit Malpani 21.05%
Rohit Malpani 18.13%

Management

Rohit Malpani Chairman & MD
Harsh Malpani CFO

Registrar & Lead Managers

Registrar

Bigshare Services

Bigshare Services

Lead Managers (1)

Interactive Financial Interactive Financial

Subscription Status

Updated as on Last updated time: N/A

BSE SME Subscription Status for Malpani Pipes And Fittings IPO
Category Sub (x) Offered Bids
Total -0.08x 19,34,400 -1,45,600

Frequently Asked Questions

What is Malpani Pipes And Fittings IPO?
Malpani Pipes And Fittings IPO is a SME IPO having an issue size of ₹25.92 Crs. Malpani Pipes And Fittings IPO is priced at ₹85 - ₹90 per share. The issue opens on 29 Jan 25 and closes on 31 Jan 25.
When will Malpani Pipes And Fittings IPO open?
Malpani Pipes And Fittings IPO opens on 29 Jan 25 and closes on 31 Jan 25.
What is the GMP of Malpani Pipes And Fittings IPO?
The estimated Grey Market Premium of Malpani Pipes And Fittings IPO is ₹0 per share (0.00%).
What is the lot size of Malpani Pipes And Fittings IPO?
The minimum lot size of Malpani Pipes And Fittings IPO is 1600 shares & the minimum application amount is Rs. 144000.
When is the allotment of Malpani Pipes And Fittings IPO?
The allotment date of Malpani Pipes And Fittings IPO is 03 Feb 25.
What is the listing date of Malpani Pipes And Fittings IPO?
The listing date of Malpani Pipes And Fittings IPO is 05 Feb 25.
What is the subscription of Malpani Pipes And Fittings IPO?
Malpani Pipes And Fittings IPO is subscribed - times.
What is the price band of Malpani Pipes And Fittings IPO?
Malpani Pipes And Fittings IPO is priced at ₹85 - ₹90 per share.
How to check allotment status of Malpani Pipes And Fittings IPO?
Click the allotment link on Malpani Pipes And Fittings IPO page of IPO360.
How to apply Malpani Pipes And Fittings IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Malpani Pipes And Fittings IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Malpani Pipes And Fittings IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Malpani Pipes And Fittings IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date