The Malpani Pipes IPO will open on January 29, 2025, and close on January 31, 2025. This IPO is a Book Built Issue, aiming to raise approximately ₹25.92 crores. The offer includes a fresh issue of ₹25.92 crores and an offer for sale of equity shares, each with a face value of ₹10.
The price band for the Malpani Pipes IPO is set between ₹85 and ₹90 per share. The retail quota is 35%, the Qualified Institutional Buyers (QIB) share is 50%, and the High Net-Worth Individuals (HNI) allocation is 15%. The IPO is expected to list on the Bombay Stock Exchange (BSE) on February 3, 2025, with the allotment date scheduled for February 5, 2025.
In terms of financial performance, Malpani Pipes reported a revenue of ₹141.16 crores in 2024, up from ₹82.57 crores in 2023. The company’s profit also grew, reaching ₹7.40 crores in 2024 compared to ₹2.08 crores in 2023. Based on these financials, investors are advised to consider applying for the IPO with a long-term investment perspective.
Malpani Pipes IPO Details
- IPO Opening Date: January 29, 2025
- IPO Closing Date: January 31, 2025
- Face Value: ₹10 per equity share
- IPO Price Band: ₹85 to ₹90 per share
- Issue Size: Approximately ₹25.92 crores
- Fresh Issue: Approximately ₹25.92 crores
- Issue Type: Book Built Issue
- IPO Listing: BSE SME
- Retail Quota: Up to 35%
- QIB Quota: Up to 50%
- NII Quota: Up to 15%
- DRHP Draft Prospectus: [Click Here]
- RHP Draft Prospectus: [Click Here]
Malpani Pipes IPO Market Lot Details
The Malpani Pipes IPO offers the following market lot details for investors:
- Retail Minimum: 1 lot, which includes 1,600 shares, with an application amount of ₹1,44,000.
- Retail Maximum: 1 lot, which includes 1,600 shares, with an application amount of ₹1,44,000.
- S-HNI Minimum: 2 lots, which include 3,200 shares, with an application amount of ₹2,88,000.
Malpani Pipes IPO Important Dates
Here are the key dates for the Malpani Pipes IPO:
- IPO Opening Date: January 29, 2025
- IPO Closing Date: January 31, 2025
- Basis of Allotment: February 3, 2025
- Refunds: February 4, 2025
- Credit to Demat Account: February 4, 2025
- IPO Listing Date: February 5, 2025
Promoters of Malpani Pipes IPO
The promoters of Malpani Pipes and Fittings Limited are Rohit Malpani, Harsh Malpani, and Mohit Malpani.
About Malpani Pipes IPO
Malpani Pipes and Fittings Limited, established in 2017, is known for offering a wide range of high-quality pipes, including HDPE Pipes, MDPE Pipes, Sprinkler Pipes, Drip Irrigation Pipes, PE Lateral Pipes, PE Sewerage Pipes, and PE Gas Pipes. The company has quickly built a strong reputation in the market and aims to become a global leader, focusing on sustainability and innovation in its product offerings.
With a commitment to employee value, Malpani Pipes believes in driving business progress through its dedicated workforce. In FY 2024, the company reported a revenue of ₹141.11 crore. The firm adheres to industry-leading standards to ensure the durability and performance of its products across key sectors such as agriculture, infrastructure, and telecom, while also prioritizing efficiency and cost-effectiveness in its operations.
Malpani Pipes IPO Financial Report
Malpani Pipes and Fittings Limited reported a significant growth in its financial performance:
- Revenue: ₹141.16 crore in 2024, up from ₹82.57 crore in 2023.
- Profit: ₹7.40 crore in 2024, compared to ₹2.08 crore in 2023.
Here is a detailed financial overview:
| Period Ended | Revenue (₹ in Crores) | Expense (₹ in Crores) | Profit After Tax (₹ in Crores) | Assets (₹ in Crores) |
|---|---|---|---|---|
| 2022 | ₹34.94 | ₹33.75 | ₹0.89 | ₹21.30 |
| 2023 | ₹82.57 | ₹79.80 | ₹2.08 | ₹38.94 |
| 2024 | ₹141.16 | ₹131.14 | ₹7.40 | ₹61.35 |
| November 2024 | ₹84.55 | ₹77.67 | ₹5.09 | ₹90.76 |
Malpani Pipes IPO Valuation – FY2024
Here are the key performance indicators (KPIs) for Malpani Pipes’ IPO:
| KPI | Values |
|---|---|
| Return on Equity (ROE) | 71.52% |
| Return on Capital Employed (ROCE) | 21.74% |
| EBITDA Margin | 9.41% |
| Profit After Tax (PAT) Margin | 5.25% |
| Debt to Equity Ratio | 2.04 |
| Earnings Per Share (EPS) | ₹37.17 (Basic) |
| Price/Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 50.07% |
| Net Asset Value (NAV) | ₹60.80 |
Peer Group Comparison
Here is a comparison of Malpani Pipes with its peers:
| Company | EPS | P/E Ratio | RoNW (%) | NAV | Income |
|---|---|---|---|---|---|
| Aik Pipes and Polymers Limited | ₹6.69 | 21.14 | 15.56 | ₹34.46 | ₹37.37 Cr. |
| Kriti Industries (India) Ltd | ₹4.32 | 50.13 | 13.99 | ₹30.32 | ₹870.00 Cr. |
Objects of the Issue
The primary objectives of the Malpani Pipes IPO are as follows:
- Capital Expenditure: To fund the purchase of machinery.
- Debt Repayment: To repay existing debts.
- General Corporate Purpose: To support general corporate activities.
- Public Issue Expenses: To meet the expenses associated with the public issue.
Malpani Pipes IPO Review
The following firms have provided their reviews of the Malpani Pipes IPO:
- Canara Bank
- DRChoksey FinServ
- Emkay Global
- Hem Securities
- IDBI Capital
- Marwadi Shares
- Nirmal Bang
- SBICAP Securities
- Sharekhan
- SMC Global
- Sushil Finance
- Swastika Investmart
- Ventura Securities
- Geojit
- Reliance Securities
- Capital Market
- BP Wealth
- ICICIdirect
- Choice Broking
Malpani Pipes IPO Registrar
- Registrar: Bigshare Services Pvt. Ltd
- Phone: 022-62638200
- E-Mail: ipo@bigshareonline.com
- Website: www.bigshareonline.com
IPO Lead Managers (Merchant Bankers)
- Lead Manager: Interactive Financial Services Ltd
Company Address
- Malpani Pipes and Fittings Limited
65-A, Sector B Industrial Area,
Ratlam – 457001, Madhya Pradesh,
India - Tel No.: 07412-260707
- Email: cs@malpanipipes.com
- Website: www.malpanipipes.com
Malpani Pipes IPO FAQs
What is Malpani Pipes IPO?
Malpani Pipes IPO is an SME IPO through which the company aims to raise ₹25.92 crores. The issue price is between ₹85 to ₹90 per equity share, and the IPO will be listed on BSE.
When will Malpani Pipes IPO open for subscription?
The IPO will open on January 29, 2025, for QIB, NII, and retail investors, and will close on January 31, 2025.
What is the Malpani Pipes IPO investor portion?
- QIB: 50%
- NII: 15%
- Retail: 35%
How to apply for Malpani Pipes IPO?
You can apply for the Malpani Pipes IPO online via ASBA through your bank account or UPI via stock brokers. Alternatively, you can apply offline through your stock broker by filling out the form.
What is the Malpani Pipes IPO issue size?
The IPO issue size is ₹25.92 crores.
What is the Malpani Pipes IPO price band?
The price band for the IPO is ₹85 to ₹90 per share.
What is the Malpani Pipes IPO lot size?
The minimum bid is 1,600 shares, with an application amount of ₹1,44,000.
What is the Malpani Pipes IPO allotment date?
The IPO allotment date is February 3, 2025.
What is the Malpani Pipes IPO listing date?
The IPO will be listed on BSE on February 5, 2025.
-
-
-
-
-
-
