Malpani Pipes IPO aims to raise Rs 25.92 Crores through this offering, with a fresh issue of 28,80,000 Equity Shares (Entirely Fresh Issue). The face value of the equity shares Rs 10 each, with a price band ranging from Rs 85 to Rs 90 per share. The minimum order quantity is 1600 shares, translating to a minimum investment of Rs 144000. Retail quota is not less then 35%, QIB is not more then 50% and HNI is not less then 15%. Malpani Pipes IPO List on BSE on 5 February 2025
The book running lead manager for this IPO is Interactive Financial Services Limited, ensuring a smooth and efficient process for all investors. ICICI Bank Limited have been appointed as the sponsor bank, providing support for the IPO’s financial transactions. Additionally, the official registrar for the IPO is Bigshare Securities Private Limited, offering reliable services for all share-related processes.
Malpani Pipes IPO Key Dates
| IPO Open Date | 29-Jan-2025 |
| IPO Close Date | 31-Jan-2025 |
| Allotment | 03-Jan-2025 |
| Credit of Share | 04-Feb-2025 |
| Listing Date | 05-Feb-2025 |
Malpani Pipes IPO Financial Information
All the figures below are in Crore.
| 30-Sep-2024 | 31-Mar-2024 | 31-Mar-2023 | 31-Mar-2022 | |
|---|---|---|---|---|
| Assents | 90.76 | 61.35 | 38.94 | 21.30 |
| Borrowing | 35.74 | 30.29 | 19.59 | 8.98 |
| Reserve & S. | 12.04 | 12.42 | 3.9 | 1.83 |
| Income | 84.55 | 141.16 | 82.57 | 34.94 |
| Expenses | 77.67 | 131.13 | 79.79 | 33.75 |
| PBT | 6.87 | 10.02 | 2.76 | 1.18 |
| PAT | 5.09 | 7.39 | 2.08 | .89 |
Malpani Pipes IPO Key Indicator
All the figures provided below are based on the financial statement as of march 31 2024
(D)- Diluted
(Y)- Year on Year
| EPS (D) | 37.17 |
| RoNW | 50.07 |
| NAV | 60.80 |
| PAT Margin | 5.25 |
| P/E (D) | 2.42 |
| ROE | 71.52 |
| ROCE | 21.74 |
| Revenue Growth (Y) | |
| Debt to Equity | 2.04 |
Malpani Pipes IPO Peer Comparison
| P/E | EPS | RoNW | NAV | |
|---|---|---|---|---|
| Malpani Pipes | – | 37.17 | 50.07% | 60.80 |
| Aik Pipes | 15.70 | 6.69 | 15.56% | 34.46 |
| Kriti Industries | 36.44 | 4.32 | 13.99% | 30.32 |
Management of the Company
| Name | Role |
|---|---|
| Rohit Malpani | Chairman cum Managing Director |
| Harsh Malpani | Whole Time Director & CFO |
| Mohit Malpani | Whole time Director |
| Sonal Malpani | Director |
| Ashesh Agnihotri | Independent Director |
| Neha Somani | Independent Director |
Object of the Issue
The Company proposes to utilize the Net Proceeds from the issue towards the following objects:
1. Capital Expenditure for purchase of machineries.
2. Repayment of Debt
3. General Corporate Purpose,
Red Herring Prosprctus Click.
BOOK RUNNING LEAD MANAGER
INTERACTIVE FINANCIAL SERVICES LIMITED
Address: Office No. 508, Fifth Floor, Priviera,
Nehru Nagar, Ahmedabad – 380 015, Gujarat, India
Tel No.: 079 4908 8019
(M) +91-9898055647
Website:www.ifinservices.in
Email:mbd@ifinservices.in
Investor Grievance Email: info@ifinservices.in
Contact Person: Pradip Sandhir
SEBI Reg. No.:INM000012856
REGISTRAR TO THE ISSUE
BIGSHARE SERVICES PRIVATE LIMITED
Address: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura
Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400093
Tel No.:022-62638200
Fax: 022-62638299
Website: www.bigshareonline.com
E-Mail: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Vinayak Morbale
SEBI Reg. No.: INR000001385
