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Malpani Pipes And Fittings

Listed

IPO Timeline

Issue open date

29 Jan 2025

Issue close date

31 Jan 2025

UPI mandate deadline

31 Jan 2025

Allotment finalization

3 Feb 2025

Refund initiation

4 Feb 2025

Share credit

4 Feb 2025

Listing date

5 Feb 2025

Mandate end date

15 Feb 2025

Lock-in end date for anchor investors (50%)

5 Mar 2025

Lock-in end date for anchor investors (remaining)

4 May 2025

Grey Market Premium Trend

₹2
Current GMP
₹92
Est. Listing Price
2.2%
Est. Listing Gain
₹85 - ₹90
Price Band

GMP History

DateGMP (₹)Est. Listing Price (₹)Est. Listing Gain
4 Feb₹2₹922.22%
3 Feb₹2₹922.22%
2 Feb₹7₹977.78%
1 Feb₹7₹977.78%
31 Jan₹12₹10213.33%
30 Jan₹12₹10213.33%
29 Jan₹25₹11527.78%
28 Jan₹25₹11527.78%
27 Jan₹25₹11527.78%
25 Jan₹20₹11022.22%
24 Jan₹20₹11022.22%
23 Jan₹0₹900.00%

About the Company

Incorporated in 2017, Malpani Pipes & Fittings Limited manufactures High-Density Polyethylene (HDPE), Medium-Density Polyethylene (MDPE), and Linear Low-Density Polyethylene (LLDPE) pipes, primarily for water supply, irrigation, and infrastructure projects. Based in Ratlam, Madhya Pradesh, the company operates a manufacturing plant with a capacity of 11,500 M.T.P.A. It supplies products to wholesalers, retailers, and government projects. Its client base includes companies such as GR Infra Projects Ltd. and JWIL Infra Limited. The company has developed expertise in providing pipes for various applications and operates across multiple regions in India.

Strengths

  • Broad distribution network across India, operating in 16 states.
  • Manufacturing facility in Ratlam, strategically located to serve key markets.
  • Diverse product range, including HDPE, MDPE, and LLDPE pipes, and irrigation solutions.
  • Manufacturing facility certified under ISO 9001:2015, with in-house testing for quality assurance.
  • Experienced leadership team with expertise in manufacturing, marketing, and financial management.

Risks

  • Delays in equipment orders may cause cost overruns.
  • Loss of major customers could hurt revenue.
  • Raw material cost hikes or shortages may affect pricing.
  • Changing plastic product regulations may impact operations.
  • Transportation dependency may disrupt supply and delivery.
  • Intense competition could affect market share.

Key Dates

Open
29 Jan 2025
Close
31 Jan 2025
Listing
4 Feb 2025

Quick Stats

Issue Size:26cr
Lot Size:1600 shares