₹ 144000
₹85- ₹90
1600
₹86
-5
31 Jan 2025
Download4 Feb 2025
5 Feb 2025
Application Details
The Malpani Pipes And Fittings Limited IPO is set to open on January 29, 2025, and will close on January 31, 2025. The IPO is a Book Built Issue and will be listed on BSE SME. The price band for the issue is ₹85 to ₹90 per share, with a face value of ₹10 per share. Investors can bid for a lot size of 1,600 shares, with a total issue size of 28,80,000 shares, aggregating up to ₹25.92 crore. The IPO consists entirely of a fresh issue of 28,80,000 shares.
The basis of allotment will be finalized on February 3, 2025, followed by the initiation of refunds and credit of shares to Demat accounts on February 4, 2025. The IPO is scheduled to be listed on February 5, 2025. Regarding the reservation, QIBs will be allocated not more than 50% of the net issue, retail investors will receive not less than 35%, and NIIs (HNIs) will be allocated not less than 15%.
The minimum investment for retail investors is ₹1,44,000 (1 lot = 1,600 shares), while HNIs must apply for a minimum of 2 lots (3,200 shares) amounting to ₹2,88,000.
About Malpani Pipes And Fittings Limited (SME IPO)
Incorporated in 2017, Malpani Pipes and Fittings Limited is engaged in the manufacturing of high-grade plastic pipes. The company produces 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, it is involved in the trading of granules and PVC pipes while also offering various related services.
The company's pipes cater to diverse applications, including irrigation, water supply, sewerage, drainage, boreholes, tube wells, and infrastructure projects such as electrical cable and optical fiber installations. Its manufacturing facility, located in Ratlam, Madhya Pradesh, is well-equipped with advanced machinery and an in-house testing facility, operating 10 production lines with a capacity of 11,500 M.T.P.A. The company distributes its products to wholesalers, retailers, government projects through authorized contractors, and farmers under welfare policies.
The company's product range includes HDPE Pipes, available in sizes from 20mm to 2000mm, known for their strength, durability, and chemical resistance, making them ideal for water supply, irrigation, and industrial piping. MDPE Pipes are flexible, corrosion-resistant, and durable, widely used in water supply, gas distribution, irrigation, mining, and construction projects. Lateral Pipes (LLDPE) are made from premium HDPE, offering durability, flexibility, and corrosion resistance, suitable for irrigation, water supply, and drainage systems. The company also manufactures Drip Irrigation Pipes, which efficiently deliver water to plants, promoting water conservation and healthy growth in agriculture, horticulture, and commercial applications.
FAQ
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.