Malpani Pipes And Fittings Limited IPO has ₹25 Grey Market Premium as of January 28, 2025, with a price range of ₹85 to ₹90 per share. Offering lots of 1600 shares, the subscription window is open from January 29 to January 31, 2025.
Malpani Pipes And Fittings Limited IPO GMP Today
The Grey Market Premium (GMP) for Malpani Pipes And Fittings Limited is ₹25 as of January 28, 2025. This assessment coincides with a price of ₹85 to ₹90 per share for the IPO.
Malpani Pipes And Fittings Limited IPO Review
As of November 30, 2024, Malpani Pipes And Fittings Limited reported total assets of ₹90.76 crore and revenue of ₹84.55 crore. The company achieved a profit after tax of ₹5.09 crore, showcasing strong financial performance in its sector.
The company’s net worth stood at ₹19.73 crore, with reserves and surplus of ₹12.04 crore. Total borrowings amounted to ₹35.74 crore, reflecting a well-structured financial position to support its operations and growth initiatives in the plastic pipes industry.
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Malpani Pipes And Fittings Limited IPO Date
Malpani Pipes And Fittings Limited will start accepting subscriptions from January 29, 2025 to January 31 2025.
Malpani Pipes And Fittings Limited IPO Price
Malpani Pipes And Fittings Limited’s price range is at ₹85 to ₹90 per share with a face value of ₹10 each.
Malpani Pipes And Fittings Limited
Malpani Pipes and Fittings Limited, incorporated in 2017, manufactures high-grade plastic pipes under the “Volstar” brand, including HDPE, MDPE, and LLDPE pipes. Based in Ratlam, Madhya Pradesh, its 11,500 M.T.P.A. facility supplies products for irrigation, water supply, infrastructure projects, government contracts, and welfare schemes.
How To Apply For Malpani Pipes And Fittings Limited IPO?
To apply for the Malpani Pipes And Fittings Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Malpani Pipes And Fittings Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Malpani Pipes And Fittings Limited IPO at Alice Blue in just a few clicks!
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.