Malpani Pipes & Fittings Share Price

Malpani Pipes And Fittings Limited was incorporated as 'Malpani Pipes And Fittings Private Limited' on February 3, 2017 with the Registrar of Companies, Gwalior. Subsequently, Company has converted into a Public Limited Company and a fresh Certificate of Incorporation has been issued on July 29, 2024 by the Registrar of Companies, Gwalior reflecting the change in name as ' Malpani Pipes And Fittings Limited'. Malpani Pipes & Fittings Limited, an ISO 9001:2015 certified company based in Ratlam, Madhya Pradesh, manufactures a range of high-grade plastic pipes. The Company is engaged in manufacturing a variety of pipes used in agriculture, water transportation or distribution, house service connection etc. It is also engaged in the trading of granules and PVC pipes, as well as the sale of services. The products include High-Density Polyethylene (HDPE) Pipes, Medium-Density Polyethylene (MDPE) Pipes, and Linear Low-Density Polyethylene (LLDPE) Pipes, all marketed under the brand name 'Volstar'. The Company work out a manufacturing plant in Central India i.e. Ratlam, Madhya Pradesh. The pipes are engineered to meet a wide range of applications, including irrigation, potable water supply, sewerage, and drainage systems. They are well-suited for boreholes and tube wells for underground water extraction. Furthermore, these pipes support infrastructure projects such as the installation of long-distance electrical cables and optical fibers. The Company launched the IPO of 28,80,000 equity shares of face value Rs 10 each by raising Rs 25.92 crores in January 2025.