Malpani Pipes & Fittings Ltd IPO Price Range is ₹85 - ₹90, with a minimum investment of ₹1,44,000 for 1600 shares per lot.
Subscription Rate
98.889x
Minimum Investment
₹1,44,000
/ 1600 shares
IPO Status
Price Band
₹85 - ₹90
Bidding Dates
Jan 29, 2025 - Jan 31, 2025
Issue Size
₹25.92 Cr
Lot Size
1600 shares
Min Investment
₹1,44,000
Listing Exchange
BSE
IPO subscribed over
🚀 98.889x
This IPO has been subscribed by 113.79x in the retail category and 58.49x in the QIB category.
Total Subscription | 98.889x |
Retail Individual Investors | 113.79x |
Qualified Institutional Buyers | 58.49x |
Non Institutional Investors | 343.512x |
Name | Malpani Pipes & Fittings Ltd |
Wide Geographical Reach.
Strategically located manufacturing facilities with a core focus on quality.
Diversified product mix.
Our Quality.
Experienced Promoter and strong management team.
The company business depends on its manufacturing facility and shutdown of operations of the manufacturing facility on any reasons could adversely affect its business and results of operations.
The company has not yet placed orders in relation to the capital expenditure to be incurred for the proposed purchase of equipment / machineries. In the event of any delay in placing the orders, or in the event the vendors are not able to provide the equipment / machineries in a timely manner, or at all, the same may result in time and cost over-runs.
The company derives a significant portion of its revenues from its top ten customers. The loss of any significant customer may have an adverse effect on the company business, financial condition, results of operations, and prospects.
Its top ten suppliers contribute majority of the company purchases. Any loss of business with one or more of them may adversely affect its business operations and profitability.
There are outstanding litigations involving the Company which if determined against it, could adversely impact financial conditions.
Majority of its operations are limited to the states of Northern India. Up till now, the company is supplying its products to the customers spread over with the state of Northern India.
Any increase in the cost of its raw material or other purchases or a shortfall in the supply of the company raw materials, may adversely affect the pricing and supply of its products and have an adverse effect on the company business, results of operations and financial condition.
The company engage in foreign currency transactions, which expose it to adverse fluctuations in foreign exchange rates. Fluctuations in the exchange rate between the Rupee and other currencies may adversely affect its operating results.
The company has experienced negative cash flows from operating activities and may do so in the future, which could have a material adverse effect on its business, prospects, financial condition, cash flows and results of operations.
The unsecured loan availed by the Company from Directors may be recalled at any given point of time.