Malpani Pipes And Fittings Limited

Malpani Pipes And Fittings Limited

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.

Price Band

₹85 - ₹90

Dates

29 Jan - 31 Jan

GMP

₹0 (0.00%)

Subscriptions

-

Issue Size

₹25.92 Crs

Malpani Pipes And Fittings IPO Key Dates
Opening Date

29 Jan 25

Closing Date

31 Jan 25

Basis Of Allotment

03 Feb 25

Initiations Of Refund

04 Feb 25

Credit Of Shares

04 Feb 25

Listing Date

05 Feb 25

Malpani Pipes And Fittings IPO Objects

  1. Capital Expenditure for purchase of machineries
  2. Repayment of Debt
  3. General Corporate Purpose

Malpani Pipes And Fittings IPO Details
Price Band

₹85 - ₹90

Listing At

BSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹25.92 Cr (0.29 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹25.92 Cr (0.29 Cr Shares)

Face Value

₹10 per equity share

Malpani Pipes And Fittings IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 1,600 1,44,000
Maximum 1 1,600 1,44,000
NII
Minimum 2 3,200 2,88,000
Malpani Pipes And Fittings IPO GMP

The estimated Grey Market Premium of Malpani Pipes And Fittings IPO is ₹0 per share (0.00%)

1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.

2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.

Category Allocation
Particulars Allocation
QIB Not more than 50% of net offer
NII Not less than 15% of net offer
Retail Not less than 35% of net offer
Market Maker 1,45,600 EQ Share
Malpani Pipes And Fittings IPO Financials

(Rs. in crores)

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

The financial information presented is on a consolidated basis

Key Performance Indicators
KPI KPI
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.
Malpani Pipes And Fittings IPO Peer Comparision

(Rs. in crores)

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
Malpani Pipes And Fittings IPO Peer Comparision

(Rs. in crores)

Particulars Co.
Revenue from Ops (in Crs.) 140.96
PAT (In Crs.) 7.40
EPS - Basic 37.17
NAV per share 60.80
RONW 50.07
EBITDA 9.41
PAT Margin 5.25
Price to earning (PE) 2.42
Aik Pipes And Polymers Kriti Industries
37.37 870.00
3.41 21.04
6.69 4.32
34.46 30.32
15.56 13.99
12.52 7.22
9.13 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
Promoter Details
Name Shareholding
Harsh Malpani 20.70%
Mohit Malpani 21.05%
Rohit Malpani 18.13%
Other promoter 40.12%
Management Details
Name Designation
Rohit Malpani Chairman & MD
Harsh Malpani CFO
Company Details

Name : MALPANI PIPES AND FITTINGS LIMITED

Address : 65-A, Sector B Industrial Area, Ratlam- 457001, Madhya Pradesh, India

Number : 07412-260707

Email : pipes@malpanipipes.com

Website : www.malpanipipes.com

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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Malpani Pipes And Fittings IPO is a SME IPO having an issue size of Rs. ₹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.

Malpani Pipes And Fittings IPO opens on 29 Jan 25 and closes on 31 Jan 25.

The estimated Grey Market Premium of Malpani Pipes And Fittings IPO is ₹0 per share (0.00%).

The minimum lot size of Malpani Pipes And Fittings IPO is 1600 shares & the minimum application amount is Rs. 144000.

The allotment date of Malpani Pipes And Fittings IPO is 03 Feb 25.

The listing date of Malpani Pipes And Fittings IPO is 05 Feb 25.

Malpani Pipes And Fittings IPO is subscribed -.

Malpani Pipes And Fittings IPO is priced at ₹85 - ₹90 per share.

Click the allotment link on Malpani Pipes And Fittings IPO page of IPO360.

  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

  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

  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