That said, as the public offering enters its third and final day of subscription, its grey market premium (GMP) has witnessed a drop from its peak.
Thus, investors willing to bid for Malpani Pipes IPO can place bids for a minimum of 1,600 shares and in multiples thereof, with a minimum investment of Rs 1,44,000.
Following the closure of the subscription window, the basis of allotment is expected to be finalised on or about Monday, February 3, 2025, with successful applicants receiving shares in their demat accounts on or about Tuesday, February 4, 2025, as outlined in its Red Herring Prospectus (RHP).
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