Malpani Pipes & Fittings IPO

LISTED
SME

BSE • Lot Size: 1600 • SME

Issue90
Listed85.9-5%
Now67-25.6%
25.6%

*Last updated on 11 Jan 2026

Price Band

₹85 - ₹90

Lot Size

1600

Issue Size

₹25.92 Cr

GMP

N/A

Subscription

146.93x

Analyzing...

IPO Schedule

1

Open

29 Jan 2025

2

Close

31 Jan 2025

3

Allotment

-

4

Listing

4 Feb 2025

About Malpani Pipes & Fittings

Malpani Pipes & Fittings is an SME engaged in the manufacturing and supply of various pipes and fittings. They cater to diverse sectors, providing essential components for infrastructure and construction projects.

Key Strengths

  • High Return on Equity (ROE) of 71.52% indicates efficient utilization of shareholder funds.
  • Low Price-to-Earnings (P/E) ratio of 2.42 suggests the IPO is attractively priced compared to earnings.
  • Established presence in the pipes and fittings market.
  • Catering to diverse sectors reduces dependence on a single industry.
  • SME segment listing can provide growth opportunities and visibility.

Risk Factors

  • SME IPOs are generally more volatile and carry higher risk compared to mainboard IPOs.
  • The company's future performance is dependent on the cyclical nature of the construction and infrastructure industries.
  • Limited trading volume in SME stocks can impact liquidity.

Valuation Analysis

The IPO appears attractively valued based on the low P/E ratio; however, investors should carefully consider the inherent risks associated with SME IPOs before investing.

IPO Details

ExchangeBSE
SegmentSME
ISININE0YON01014
Face Value10
Lot Size1600
Issue Size₹25.92 Cr

Key Metrics

ROE71.52%
ROCE21.74%
P/E Ratio2.42
Industry P/E20
EPS37.17
PAT Margin5.25%
Debt/Equity2.04

Growth & Quality

ProfitableYes ✓

Subscription

Total7.91x

Documents

RHP not available

Key Dates

Open Date29 Jan 2025
Close Date31 Jan 2025
Listing4 Feb 2025