What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Malpani Pipes And Fittings Limited IPO?

Malpani Pipes And Fittings Limited IPO has received a total subscription of 147.23 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Malpani Pipes And Fittings Limited

ListedSME

Capital Goods / Industrials · BSE

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.

Price Band

₹85 – ₹90

Issue Size

₹25.92 Cr

Lot Size

1600 shares

GMP

₹2

+2.2%

Est. Listing

₹92

at current GMP

Subscribed

147.23x

overall

Open

29 Jan 2025

31 Jan 2025

Allotment

1 Feb 2025

Refund

2 Feb 2025

Demat Credit

3 Feb 2025

Listing

4 Feb 2025

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

147.23x

Total Demand

QIB Multiplier

58.49x

Institutions & Funds

NII / HNI

343.51x

High Net-Worth

Retail (RII)

113.79x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 147.23x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	558,400	32,660,800	58.49x
NIB	416,000	142,900,800	343.51x
RETAIL	960,000	109,238,400	113.79x
Total	1,934,400	284,800,000	147.23x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 121.88x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	630	71,688	113.79x
HNIs (10L +)	4	1,374	343.51x
HNIs (2-10L)	19	6,527	343.51x
Total Applications	653	79,589	121.88x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Malpani Pipes And Fittings Limited Public Issue & Market Profile

Malpani Pipes And Fittings Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrials sector with an aggregate issue size of ₹25.92 Crores. The shares are offered at a price band of ₹85 to ₹90 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2025-01-31, the basis of allotment is scheduled to be finalized on 2025-02-01. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Malpani Pipes And Fittings Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Malpani Pipes And Fittings Limited IPO is ₹2 per equity share. Based on the upper price band of ₹85 to ₹90 per equity share, the estimated listing price is ₹92 (+2.2% expected listing gain).

What is the expected profit per lot for Malpani Pipes And Fittings Limited IPO?

With a lot size of 1600 shares and current GMP of ₹2, the expected profit per application lot is approx ₹3,200 (+2.2% gain). Minimum application cost is approx ₹1,44,000.

What is the issue size and price band for Malpani Pipes And Fittings Limited IPO?

The Malpani Pipes And Fittings Limited IPO aggregate issue size is ₹25.92 Crores with an equity price band set at ₹85 to ₹90 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,44,000.

How can I check Malpani Pipes And Fittings Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 147.23x (Retail: 113.79x, QIB: 58.49x, NII: 343.51x). You can track live multiples directly on our dedicated subscription page.

Where and when will Malpani Pipes And Fittings Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2025-02-01. Investors can verify status using PAN card or application number.

When is the listing date for Malpani Pipes And Fittings Limited IPO?

Malpani Pipes And Fittings Limited shares are scheduled to list on BSE on 2025-02-04.