Malpani pipes and fittings limited easel launching its initial public offering on January 29 2025, To raise about 25.19 crores. The price band is set between 85 to 90 rupees per share, with a minimum lot size of 1600 shares Making the starting investment 1,44,000 for retail investors. As of January 26, 2025 the Malpani Pipes IPO Grey Market Premium is around 22%, showing positive interest among the investors ahead of the listing.
This article provides key details about Malpani pipe including its size, pricing, and allotment structure. It also covers the company’s business operations financial performance objectives for the ipo and whether it might be good investment based on gmp trends promoter holding and market position.
Malpani Pipes IPO GMP Today
The grey market premium shows the markets interest in an IPO before listing. As of now the Malpani pipes IPO GMP today trading at 20, which showing listing gains of 22%. However, GMP is unofficial and can change based on market conditions.
Malpani Pipes IPO – Zero OFS
In the Malpani Ipo Zero OFS means no existing shareholders or promoters are selling their shares. The entire ipo amount will come from newly issued shares with proceeds Used for business growth and other objective.
- Fresh fundraising: The entire IPO amount is raised through the issuance of new shares by the company. This means all the proceeds will go directly to the company meets its objectives and used for working capital expansion etc. Rather than to existing shareholders.
- Promoter confidence: promoters retaining their entire holding shows confidence in the company’s future. It signals that promoters and key stakeholders believe in the companies long term growth potential and are not cashing out during the IPO.
- No dilution beyond new shares: Since no existing shares are being sold, the ownership dilution is limited to the newly issued shares leaving the promoters with significant stake in the company post IPO.
Malpani Pipes IPO Details
| Details | Information |
|---|---|
| Issue Size | ₹25.92 crores |
| Offer for Sale (OFS) | Nil |
| Price Band | ₹85 – ₹90 per share |
| Minimum Lot Size | 1,600 shares |
| Retail Investor Quota | 35% |
| Qualified Institutional Buyers (QIB) Quota | 50% |
| Non-Institutional Investors (NII) Quota | 15% |
| IPO Type | Book Built |
| Opening Date | January 29, 2025 |
| Closing Date | January 31, 2025 |
| Allotment Date | February 3, 2025 |
| Listing Date | February 5, 2025 |
Objectives Of IPO
- To raise working capital needs for business growth.
- For general corporate purpose.
About Malpani Pipes
Malpani pipes and fittings limited, started in 2017, manufacturs plastic pipes under the brand name “Volstar”. Their factory in Ratlam Madhya Pradesh uses modern technology to produce pipes for agriculture, water supply, and industry.
Products offered
- HDPE pipes
- MDPE pipes
- Sprinkler pipes
- Drip Irrigation Pipes
- PE Sewerage Pipes
- PE gas pipes
Official Website: https://www.malpanipipes.com/
Financial Performance
| Metric | FY 2022-23 | FY 2023-24 | FY 2024-25 (up to Nov) |
|---|---|---|---|
| Total Assets (₹ Cr) | 21 | 39 | 61 |
| Revenue (₹ Cr) | 35 | 83 | 141 |
| Profit (₹ Cr) | 1 | 2 | 7 |
Competitors
Malpani Pipes facing competition from established companies like Astral Poly Technik, Pinodex Industries and supreme industries. although it is Smaller in size marbani privacy is growing fast and aims to improve its market position.
Promoter Holding
Before the ipoh commuters hold 100% of company. After the IPO their stake will be reduced to about 73% Which shows they are keeping a significant share.
Malpani Pipes IPO Lock In Period
For retail investors in the IPO of Malpani pipes and fittings limited there is no lock in period applicable. Shares allotted to retail investor can be freely traded upon listing, subject to market conditions. However, to ensure market stability a minimum of 20% of post issue equity shares capital held by promoters will be locked in for three years, And shares alloted to anchor investors will have 30 day lock in period. These restrictions primarily impact promoters and institutional investors leaving retails investors free to trade their shares post listing.
Malpani Pipes IPO Good or Bad
The Malpani pipes ipo looks promising for short term listing gains due to strong gmp and financial growth. long term investors should consider the competitive risk and assess the company’s ability to sustain growth. For those with the risk appetite and required investment it could be a good option.
Disclaimer: This information is only for educational purpose and do not consider as a financial investment advice. Always consult with your financial advisor before taking any investment decision
Pravin Bhosale
Since stepping into the world of trading in 2019, i have gained valuable experience navigating the markets, have knowldge in indices like Bank Nifty, Nifty IT, Sensex, Bankex, and Finifty. Also have sound knowldge about IPO industry & ipo process. our blog aims to make finance approachable, offering practical insights for readers to better understand and act on market trends.
Latest Content From Stockpaisa
Check Nifty 50 Stock List with Weightage, Lets Check For Bank Nifty,Sensex Also.
Dr Agarwal Healthcare IPO GMP Today
How to Increase Chances of IPO Allotment: Simple Tips and Strategies For RII, HNI Investors.