ListedSMEPlastic ProductsMPFL

Malpani Pipes And Fittings IPO

Malpani Pipes And Fittings IPO is an SME IPO at ₹85 – ₹90 a share. It listed on 4 Feb 2025 at ₹86, −4.6% against its issue price of ₹90, and trades at ₹55 today (−38.7% since issue). It was subscribed 140× in total.

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₹90

Issue price

₹55

Price now

−38.7%

Since issue price

4 Feb 2025

Listed on

140×Subscribed (final) · all exchanges

139.9 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹85 – ₹90

Cut-off price₹90

Issue size—

Shares per lot1600

Minimum application₹1,44,000

Minimum quantity1600

Face value₹85

Listing exchangesBSE

ISININE0YON01014

Bidding hours10:00 – 17:00 IST

Bidding window29 Jan 2025 – 31 Jan 2025

SME

What being an SME issue means here. SME issues list on NSE Emerge or BSE SME. They disclose less than mainboard issues, trade far more thinly, and — by regulation — the minimum application is a full lot worth roughly ₹1–1.5 lakh rather than about ₹15,000. That is why the minimum above is so much larger than for a mainboard issue.

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.