Malpani Pipes & Fittings Ltd - IPO

Malpani Pipes & Fittings Ltd IPO Details

Iitial public issue of upto 28,80,000 equity shares of face value of Rs. 10/- each of Malpani Pipes and Fittings Limited (MPFL or the company or the issuer) for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share (the issue price) aggregating to Rs. [*] (the issue), of which 1,45,600 equity shares of face value of Rs. 10/- each for cash at a price of Rs. [*] per equity share including a share premium of Rs. [*] per equity share aggregating to Rs. [*] will be reserved for subscription by market maker to the issue (the market maker reservation portion). The issue less the market maker reservation portion i.e., net issue of 27,34,400 equity shares of face value of Rs. 10/- each at a price of Rs. [*] per equity share aggregating to [*] crores is herein after referred to as the net issue. The issue and the net issue will constitute [*] % and [*]% respectively of the post issue paid up equity share capital of the company. Price Band: Rs. 85 to Rs. 90 per equity share of face value of Rs. 10 each.The Floor price and Cap price are 8.5 times and 9.0 times the face value of the equity shares respectively.Bids can be made for a minimum of 1600 equity shares and in multiple of 1600 equity shares thereafter.

Objective of issue

Capital expenditure for plant and machinery. Repayment of Debt. General corporate purposes.

Malpani Pipes & Fittings Ltd Contact Details

Malpani Pipes & Fittings Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - pipes@malpanipipes.com

Website - www.malpanipipes.com