Minimum Investment
| Minimum Investment (Retail) | Lots (min) | Shares (QTY) |
| ₹1,44,000 | 1 | 1600 |
About Malpani Pipes and Fittings Limited
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, sewerage, drainage, boreholes, tube wells, and infrastructure projects like electrical cable and optical fiber installations.
The company’s manufacturing plant, located in Ratlam, Madhya Pradesh, is equipped with essential machinery and an in-house testing facility. It operates 10 production lines with a capacity of 11,500 M.T.P.A.
The company distributes products to wholesalers, and retailers, and supplies pipes for government projects through authorized contractors, as well as to farmers under welfare policies.
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Products:
- HDPE Pipes: High-Density Polyethylene (HDPE) pipes, available in 20mm to 2000mm sizes, are used for water supply, irrigation, and industrial piping due to strength, durability, and chemical resistance.
- MDPE Pipes: MDPE pipes are durable, flexible, and corrosion-resistant, used in water supply, gas distribution, irrigation, mining, and construction projects for reliable performance.
- Lateral Pipes (LLDPE): Lateral pipes, made from premium HDPE, are durable, flexible, and corrosion-resistant, ideal for irrigation, water supply, and drainage systems.
- Drip Irrigation Pipes: Drip irrigation pipes efficiently deliver water to plants, conserving water and promoting healthy growth in agriculture, horticulture, and commercial applications.
As of December 31, 2024, the company had 51 full-time employees and 30 contract-based employees.
Competitive Strength:
- Wide Geographical Reach
- Strategically located manufacturing facilities with a core focus on quality
- Diversified product mix
- Experienced Promoter and strong management team
- Quality
Malpani Pipes and Fittings Limited IPO Details
| IPO Date | January 29, 2025 to January 31, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹85 to ₹90 per share |
| Lot Size | 1,600 Shares |
| Total Issue Size | 28,80,000 shares (aggregating up to ₹25.92 Cr) |
| Fresh Issue | 28,80,000 shares (aggregating up to ₹ 25.92 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 78,97,500 shares |
| Share Holding Post Issue | 1,07,77,500 shares |
| IPO Open Date | Wednesday, January 29, 2025 |
| IPO Close Date | Friday, January 31, 2025 |
| Basis of Allotment | Monday, February 3, 2025 |
| Initiation of Refunds | Tuesday, February 4, 2025 |
| Credit of Shares to Demat | Tuesday, February 4, 2025 |
| Listing Date | Wednesday, February 5, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 31, 2025 |
Malpani Pipes and Fittings Limited IPO Prospectus
Malpani Pipes and Fittings Limited Financial Snapshot (in Crore)
| Period Ended | 30 Nov 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 90.76 | 61.35 | 38.94 | 21.3 |
| Revenue | 84.55 | 141.16 | 82.57 | 34.94 |
| Profit After Tax | 5.09 | 7.4 | 2.08 | 0.89 |
| Net Worth | 19.73 | 14.77 | 5.83 | 3.76 |
| Reserves and Surplus | 12.04 | 12.42 | 3.9 | 1.83 |
| Total Borrowing | 35.74 | 30.29 | 19.59 | 8.98 |
Malpani Pipes and Fittings Limited Promoters Holding
Rohit Malpani, Harsh Malpani and Mohit Malpani
Malpani Pipes and Fittings Limited Contact Details
Malpani Pipes And Fittings Limited
65-A,
Sector B Industrial Area,
Ratlam 457001
Phone: 07412-260707
Email: pipes@malpanipipes.com
Website: http://www.malpanipipes.com/