The initial public Offering (IPO) of Malpani Pipes And Fittings concluded its subscription period on Friday with an overall subscription of 146.93 times. Non-institutional investors led the charge, subscribing 343.13 times, followed by Retail Investors at 113.35 times and Qualified Institutional Buyers at 58.49 times.
Investors had to submit their bids with a minimum lot size of 1600 shares, resulting in an investment of Rs 1.44 lakh. The price band of Malpani Pipes And Fittings IPO was set at Rs 85 to Rs 90 apiece. The offer size is valued at Rs 25.92 crore at the upper price band.
Here's all you need to know ahead of Malpani Pipes And Fittings IPO allotment; check allotment date, steps to check allotment status, listing date and more.
Malpani Pipes And Fittings IPO Allotment Date
The allotment for the Malpani Pipes And Fittings IPO is expected to be finalized on Saturday, February 1.
*This is a tentative date and is subject to change.
How To Check Malpani Pipes And Fittings IPO Allotment Status On The BSE Website?
Go to the official BSE website: https://www.bseindia.com/investors/appli_check.aspx
Select the issue type as 'Equity.'
Choose "Malpani Pipes And Fittings Limited" from the dropdown menu.
Enter your application number or PAN (Permanent Account Number).
Complete the 'Captcha' for verification.
Click on the "Search" button to view your allotment status.
Download or print the allotment status for your records.
How To Check Malpani Pipes And Fittings IPO Allotment Status On Bigshare Services?
Visit the IPO page on the Bigshare Services website here:
Select any server to know your IPO Allotment Status.
Select "Malpani Pipes And Fittings" from the company drop-down list.
Select PAN number, application number/CAF no., or Beneficiary ID.
Enter your PAN number, application number, or Beneficiary ID details as per your above-selected choice.
Click on the "SUBMIT" button.
Download or print the allotment status for your records.
Malpani Pipes And Fittings IPO Listing Date
Shares of Malpani Pipes IPO will be listed on the BSE SME platform on Tuesday, Feb. 4.
*This is a tentative date and is subject to change.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read red herring prospectus thoroughly before placing bids.
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