Malpani Pipes And Fittings Limited IPO to Open on 29th January, Sets Price Band at Rs 85 to Rs 90 per Share
Indore (Madhya Pradesh) [India], January 28: Malpani Pipes and Fittings Limited specializes in manufacturing high quality pipes, including HDPE, MDPE, LLDPE, as well as Sprinkler and Drip Pipes, marketed under the Volstar brand. The company serves to industries, such as irrigation, telecommunications, and infrastructure. The company is set to launch its initial public offering (IPO), aiming to raise INR 25.92 crores by issuing 28.80 lakh new shares.
For its SME Initial Public Offering (IPO), it has a price band of Rs. 85 to Rs. 90 per share. The company’s shares will open for subscription on Wednesday, January 29, 2025 and closes on Friday, January 31, 2025. These will be listed on the BSE SME, with a projected listing date of Wednesday, February 5, 2025.
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