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Malpani Pipes SME IPO Subscription

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Updated 5 February 2025, 9:15 AM IST· BSE SME

Malpani Pipes SME IPO subscription closed on 31 January 2025 at 146.93x overall by shares. QIB demand came in at 58.49x, NII at 343.13x, and retail at 113.35x. See Retail, SHNI, and BHNI allotment chances in the table…

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Allotment date is 3 February 2025. Listing date on NSE and BSE is 5 February 2025.

Issue Price
Rs 90.00
GMP Today
Rs 2.00 (+2.22%)
Overall Sub
146.93x
Issue Size
₹25.92 Cr
Allotment
3 Feb 2025
Listing
5 Feb 2025

Malpani Pipes SME IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 29 Jan 20250.02x8.07x12.42x7.91x
Day 2 - 30 Jan 20250.88x39.76x50.29x33.76x
Day 3 - 31 Jan 202558.49x343.13x113.35x146.93x

Malpani Pipes SME IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Malpani Pipes SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail (IND)113.35x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the Malpani Pipes SME IPO Allotment Status page from 3 February 2025 for your result.

Malpani Pipes SME IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 90.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 5.03 CrRs 293.95 Cr58.49x
NIIRs 3.74 CrRs 1,284.68 Cr343.13x
INDRs 8.64 CrRs 979.32 Cr113.35x
TotalRs 17.41 CrRs 2,557.94 Cr146.93x

Malpani Pipes SME IPO Subscription by Shares

Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.

CategoryShares OfferedShares BidSubscription
QIB5,58,4003,26,60,80058.49x
NII4,16,00014,27,42,400343.13x
IND9,60,00010,88,12,800113.35x
Total19,34,40028,42,16,000146.93x

What Do These Subscription Numbers Mean?

146.93x overall by shares means bids covered about 147 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 58.49x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (343.13x by shares). SHNI and BHNI allotment is by lottery.

Retail at 113.35x by shares. Exact lottery chances need application data.

Malpani Pipes SME IPO GMP After Subscription

GMP for Malpani Pipes SME stands at Rs 2.00 today, giving an estimated listing price of Rs 92.00 per share.

A subscription of 146.93x combined with a GMP of 2.22% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Malpani Pipes SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Malpani Pipes SME IPO Key Dates

EventDate
IPO Open Date29 January 2025
IPO Close Date31 January 2025
Allotment Date3 February 2025
Refund Initiation4 February 2025
Share Credit to Demat4 February 2025
Listing Date5 February 2025
Minimum InvestmentRs 2,88,000.00
Lot Size1600 shares

About Malpani Pipes SME

Malpani Pipes and Fittings Limited manufactures high-quality plastic pipes. It offers HDPE, MDPE, and LLDPE pipes under the Volstar brand and is also involved in trading granules, PVC pipes, and related services. The company’s pipes are used in irrigation, water supply, sewerage, drainage, boreholes, tube wells, and infrastructure projects like electrical cable and optical fiber installations.

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

IND - Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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Malpani Pipes SME IPO Subscription FAQs

What is Malpani Pipes SME IPO subscription status today?

Malpani Pipes SME IPO subscription closed on 31 January 2025 with overall subscription of 146.93x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 58.49x, NII 343.13x, IND 113.35x.

What is the overall subscription of Malpani Pipes SME IPO?

Malpani Pipes SME IPO is subscribed 146.93x overall by shares at close on 31 January 2025. QIB 58.49x, NII 343.13x, and IND 113.35x.

What is Malpani Pipes SME IPO QIB subscription?

Malpani Pipes SME IPO QIB (Qualified Institutional Buyers) subscription is 58.49x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Malpani Pipes SME IPO IND subscription?

Malpani Pipes SME IPO IND subscription is 113.35x by shares. Retail bids are up to Rs 2 lakh per PAN.

What is Malpani Pipes SME IPO NII, SHNI, and BHNI subscription?

Malpani Pipes SME IPO NII subscription is 343.13x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are Malpani Pipes SME IPO retail allotment chances?

Malpani Pipes SME IPO retail share subscription is 113.35x. Application data is needed for exact lottery chances.

What are Malpani Pipes SME IPO SHNI allotment chances?

Malpani Pipes SME IPO SHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

What are Malpani Pipes SME IPO BHNI allotment chances?

Malpani Pipes SME IPO BHNI allotment chances depend on final application subscription. Allotment is by lottery when oversubscribed.

When is Malpani Pipes SME IPO allotment date?

Malpani Pipes SME IPO allotment date is 3 February 2025. Check Malpani Pipes SME IPO Allotment Status on IPOwiz from that day using your PAN.

When does Malpani Pipes SME IPO subscription close?

Malpani Pipes SME IPO subscription closed on 31 January 2025. No new applications are accepted after the close.

What is Malpani Pipes SME IPO GMP today?

Malpani Pipes SME IPO GMP is ₹2 today (+2.22% over issue price ₹90). See live GMP on the Malpani Pipes SME IPO GMP Today page.

What is Malpani Pipes SME IPO issue price and lot size?

Malpani Pipes SME IPO issue price is ₹90 per share. Lot size is 1600 shares. Minimum investment is ₹2,88,000 per lot (minimum 2 lots for SME). Issue size: ₹25.92 Cr.

When is Malpani Pipes SME IPO listing date?

Malpani Pipes SME IPO listing date is 5 February 2025 on NSE and BSE. Allotment is on 3 February 2025.

How does subscription affect Malpani Pipes SME IPO allotment?

In Malpani Pipes SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 146.93x overall, competition is very high.

For allotment results from 3 February 2025, visit the Malpani Pipes SME IPO Allotment Status page. For listing day updates on 5 February 2025, download the IPOwiz App.

Sources

We match Malpani Pipes SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.