Malpani Pipes IPO is set to open on January 29, 2025, and will close on January 31, 2025. The IPO is a Book Built Issue, with the company aiming to raise ₹25.92 crores. This includes a fresh issue of ₹25.92 crores and an offer for sale of up to [.] equity shares, each with a face value of ₹10. The price band for the IPO is set between ₹85 and ₹90 per share, with the retail quota at 35%, QIB at 50%, and HNI at 15%. The listing is expected on BSE on February 3, 2025, with the allotment date set for February 5, 2025. The company reported revenue of ₹141.16 crores in 2024, up from ₹82.57 crores in 2023. The profit also saw a significant increase, with ₹7.40 crores in 2024 compared to ₹2.08 crores in 2023. Considering the financial growth, long-term investors may consider subscribing to this IPO for potential returns.
Malpani Pipes IPO Details
Field
Value
ipo title
Malpani Pipes BSE SME
status
Listed
gain percentage
4.56%
subscription
146.93x
price
90
gmp
20
est listing
110 (22.22%)
ipo size
₹ 25.92 Cr
Malpani Pipes IPO Dates
Field
Value
lot
1,600
open
29-Jan
close
31-Jan
boa dt
03-Feb
listing
04-Feb
Malpani Pipes IPO Financial Report
The company reported revenue of ₹141.16 crores in 2024, compared to ₹82.57 crores in 2023. The profit also saw a significant rise, reaching ₹7.40 crores in 2024, up from ₹2.08 crores in 2023.
No Data Available
About Malpani Pipes IPO
Malpani Pipes and Fittings Limited, established in 2017, has gained a strong reputation for offering a range of pipes including HDPE Pipes, MDPE Pipes, Sprinkler Pipes, Drip Irrigation Pipes, PE Lateral Pipes, PE Sewerage Pipes, and PE Gas Pipes. The company’s vision is to become a global leader by focusing on sustainability, innovation, and providing durable products that meet industry standards. With a revenue of ₹141.11 crores in FY 2024, Malpani Pipes emphasizes the value of its employees, recognizing them as key to its business success. The company operates in sectors such as agriculture, infrastructure, and telecom, delivering optimal efficiency and cost-effectiveness with top-quality solutions.
Malpani Pipes IPO FAQs
What is Malpani Pipes IPO?
Malpani Pipes IPO is an SME IPO where the company plans to raise ₹25.92 crores. The price range for the equity shares is ₹85 to ₹90 each, and the IPO will be listed on BSE.
When Malpani Pipes IPO will open for subscription?
The Malpani Pipes IPO will open for subscription on January 29, 2025, and close on January 31, 2025, for Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and retail investors.
What is Malpani Pipes IPO Investors Portion?
The allocation for investors in the Malpani Pipes IPO is 50% for QIB, 15% for NII, and 35% for retail investors.
How to Apply for Malpani Pipes IPO?
You can apply for Malpani Pipes IPO online via ASBA through your bank account or via UPI through your stock brokers. Additionally, you can apply offline by filling out a form through your stock broker.
What is Malpani Pipes IPO Issue Size?
The issue size of Malpani Pipes IPO is ₹25.92 crores.
What is Malpani Pipes IPO Price Band?
The price band for Malpani Pipes IPO shares is ₹85 to ₹90.
What is Malpani Pipes IPO Lot Size?
The minimum bid for the Malpani Pipes IPO is 1600 shares, with a total bid amount of ₹1,44,000.
What is the Malpani Pipes IPO Allotment Date?
The allotment date for Malpani Pipes IPO is February 3, 2025.
What is the Malpani Pipes IPO Listing Date?
Malpani Pipes IPO is expected to list on the BSE on February 5, 2025.
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