Listed Price₹85.90
Listing Gain-4.56%
Price Band₹85 - ₹90
Lot Size1,600 shares
Min Bid₹1,44,000
Subscription147.23x
Listed Market Snapshot
₹85.90Listed price from market data
-4.56%listing gain
Issue Amount
₹25.92 Cr
Listed Price
₹85.90
Current Price
₹58.2
Registrar
Bigshare Services Private Limited
Timeline•Bookbuilding IPO
Open29 Jan 2025
Close31 Jan 2025
Allotment01 Feb 2025
Listing04 Feb 2025
Quota Reservation Portions
RetailPortion: 9,60,000 shares
33.33%Nii (hni)Portion: 4,16,000 shares
14.44%AnchorPortion: 8,00,000 shares
27.78%QIBPortion: 5,58,400 shares
19.39%Market MakerPortion: 1,45,600 shares
5.06%Minimum Application Bracket Matrix
Retail1 lots / 1,600 shares
₹1,44,000HNI2 lots / 3,200 shares
₹2,88,000About the Company
Malpani Pipes and Fittings Limited, established in 2017, is a manufacturer of high-quality plastic pipes under the brand "Volstar." The company also trades in granules and PVC pipes. Its product range includes HDPE, MDPE, and LLDPE pipes, used for irrigation, water supply, sewerage, drainage, and infrastructure projects. Based in Ratlam, Madhya Pradesh, the company operates a manufacturing plant with 10 production lines and an in-house testing facility, with an annual capacity of 11,500 M.T.P.A. It supplies products through wholesalers, retailers, government projects, and farmer welfare schemes. As of December 31, 2024, the company had 51 full-time employees and 30 contract workers.
Company Promoters
Rohit MalpaniHarsh MalpaniMohit Malpani
Lead Managers
Registrar
Bigshare Services Private Limited