Malpani Pipes and Fittings Limited

Company Profile
Company Name Malpani Pipes and Fittings Limited
Open Date 29-01-2025
Close Date 31-01-2025
Exchange BSE SME
Lot Size 1,600 Shares
Issue Price ₹85 to ₹90 per share
Issue Size 28,80,000 shares
Application Amount ₹1,44,000
Recommendation Apply
Incorporation: Incorporated in 2017, the company has their registered office in Ratlam, Madhya Pradesh. Business Activity: Malpani Pipes and Fittings Limited 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. Revenue Stream: In 2024 (up to November 30), Madhya Pradesh accounted for the highest revenue contribution at 74.90%, followed by Rajasthan at 14.15%. Among products, HDPE/MDPE/LLDPE pipes generated the largest share of revenue, contributing 88.2% in FY24. Human Resource: As of December 31, 2024, the company had 51 full-time employees and 30 contract-based employees.
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Financial Summary in Lakhs

For the Period Ended Mar-22 Mar-23 Mar-24 Nov-24
Revenue 3,490.58 8,245.09 14,096.18 8,409.75
EBITDA 188.73 441.31 1,329.03 920.59
Net Profit 89.07 208.04 739.71 509.18
RoCE 15.58% 26.49% 46.87% 20.49%*
ROE 23.67% 35.66% 49.81% 15.78%*
P/E 19.52 8.35 2.42 12.70*

Tentative Timeline

Opening Date 29-01-2025
Closing Date 31-01-2025
Basis of Allotment 03-02-2025
Initiation of Refunds 04-02-2025
Credit of Shares to Demat 04-02-2025
Listing Date 05-02-2025

Objects of the Issue

Capital Expenditure for purchase of machineries
Repayment of Debt
General Corporate Purposes.

Contact Information

Registered Office 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/

Registrar Details

Name Bigshare Services Private Limited
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/IPO_Status.html

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters) 100.00%
Shareholding Post Issue (Promoters) 73.28%

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