
Malpani Pipes And Fittings Limited
Malpani Pipes And Fittings Limited(MPFL)
Total Shares
28,80,000
Issue Size
₹25.92 Cr
Price Band
₹85 – ₹90
Lot Size
1600 shares
Min. Investment
₹1,44,000
Max. Investment
₹1,44,000
Open Date
29 Jan, 2025
Close Date
31 Jan, 2025
Allotment
01 Feb, 2025
Listing
04 Feb, 2025
Max. Investment
₹1,44,000
Announced
29 Jan, 2025
Opening Date
29 Jan, 2025
Closing Date
31 Jan, 2025
Basis of Allotment
01 Feb, 2025
Initiation of Refunds
03 Feb, 2025
Credit of Shares
03 Feb, 2025
Listing Date
04 Feb, 2025
Live GMP
Est. Listing: ₹110
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About Malpani Pipes And Fittings Limited 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, sewe
Malpani Pipes And Fittings Limited IPO Share Price and Issue Size
Issue Breakdown
Shareholding
Dilution: 36.5% increase in shares
Malpani Pipes And Fittings Limited IPO Financials Health
Malpani Pipes And Fittings Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1600 | ₹1,44,000 |
| Retail Maximum | 1 | 1600 | ₹1,44,000 |
| HNI Minimum | 2 | 3200 | ₹2,88,000 |
(All values in CR)
Malpani Pipes And Fittings Limited IPO Valuation
| Metric | Value |
|---|---|
| DEBT/EQUITY | 2.04 |
| EPS Pre IPO | 37.17 |
| P/E Pre IPO | 2.42 |
| PAT MARGIN | 5.25 |
| PRICE TO BOOK VALUE | 1.48 |
| ROCE | 21.74% |
| ROE | 71.52% |
| RONW | 50.07% |
(All values in CR)
Strength & Risk of Malpani Pipes And Fittings Limited IPO
1. Wide Geographical Reach.
2. Strategically located manufacturing facilities with a core focus on quality.
3. Diversified product mix.
4. Our Quality.
5. Experienced Promoter and strong management team.
1. Our business depends on our manufacturing facility and shutdown of operations of the manufacturing facility on any reasons could adversely affect our business and results of operations.
2. We have 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.
3. We derive a significant portion of our revenues from Our top ten customers. The loss of any significant customer may have an adverse effect on our business, financial condition, results of operations, and prospects.
4. Our top ten suppliers contribute majority of our purchases. Any loss of business with one or more of them may adversely affect our business operations and profitability.
5. There are outstanding litigations involving the Company which if determined against us, could adversely impact financial conditions.
6. Majority of Our operations are limited to the states of Northern India. Up till now, we are supplying our products to the customers spread over with the state of Northern India.
7. Any increase in the cost of our raw material or other purchases or a shortfall in the supply of our raw materials, may adversely affect the pricing and supply of our products and have an adverse effect on our business, results of operations and financial condition.
8. We engage in foreign currency transactions, which expose us to adverse fluctuations in foreign exchange rates. Fluctuations in the exchange rate between the Rupee and other currencies may adversely affect our operating results.
9. We have experienced negative cash flows from operating activities and may do so in the future, which could have a material adverse effect on our business, prospects, financial condition, cash flows and results of operations.
10. The unsecured loan availed by our Company from Directors may be recalled at any given point of time.
Malpani Pipes And Fittings Limited IPO Subscription Status
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 8,00,000 | 8,00,000 | 7.2 |
| HNI | 343.51 | 4,16,000 | 14,29,00,800 | 1 |
| Market Maker | 1.00 | 1,45,600 | 1,45,600 | 1.31 |
| QIB | 58.49 | 5,58,400 | 3,26,60,800 | 293.95 |
| Retail | 113.79 | 9,60,000 | 10,92,38,400 | 983.15 |
| Total | 147.23 | 19,34,400 | 28,48,00,000 | 2 |
Malpani Pipes And Fittings Limited IPO GMP
Last updated 24 Jan, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 24 Jan, 2025 | 90 | ₹20 | 24300 | ₹110 (22.22%) | - | 24 Jan, 2025 |
| 31 Jan, 2025 | 90 | ₹20▲ | 24300 | ₹110 (22.22%) | - | 31 Jan, 2025 |
| 01 Feb, 2025 | 90 | ₹7▲ | 8500 | ₹97 (7.78%) | - | 01 Feb, 2025 |
| 02 Feb, 2025 | 90 | ₹2 | 2400 | ₹92 (2.22%) | - | 02 Feb, 2025 |
| 03 Feb, 2025 | 90 | ₹2 | 2400 | ₹92 (2.22%) | - | 03 Feb, 2025 |
| 04 Feb, 2025 | 90 | ₹2 | 2400 | ₹92 (2.22%) | - | 04 Feb, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
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