Malpani Pipes & Fittings IPO

BSELot: 1600

LISTEDSME
Issue Price90
Listing85.9
Current71
Price Band
85 - ₹90
Lot Size
1,600
Issue Size
₹25.92 Cr
GMP
0
Subscription
7.91x

IPO Schedule

1
Open
29 Jan
2
Close
31 Jan
3
Allotment
-
4
Listing
4 Feb

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.

Subscription Status

QIB
0.02x
NII
8.07x
Retail
12.42x
CategoryDay 3Day 2Day 1
QIB58.49x0.88x0.02x
NII343.13x39.76x8.07x
Retail113.35x50.29x12.42x
Total146.93x33.76x7.91x

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.