Valplast Technologies Limited
Bookbuilding IPO · BSE
- Price band
- ₹51 - ₹54
- Lot size
- 2,000 shares
- Issue amount
- ₹28.09 cr
- Total subscription
- 1.27×
- Opens
- 30 Sept 2025
- Closes
- 3 Oct 2025
- Allotment
- 6 Oct 2025
- Listing
- 8 Oct 2025
Offer at a glance
Issue overview
- Issue size
- 52,02,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,02,000
- Fresh issue
- ₹28.09 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,08,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,44,25,943
- Shares after issue
- 1,96,27,943
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 4,000 | ₹2,16,000 |
| sHNI | 3 | 6,000 | ₹3,24,000 |
| bHNI | 10 | 20,000 | ₹10,80,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 3 Oct 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 431 | 90,074 |
| HNIs(10L +) | 82 | 11,765 |
| HNIs (2-10L) | 42 | 9,055 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 5.31 | 5.56 |
| RETAIL | 9.31 | 13.61 |
| NIB | 4.02 | 4.47 |
| HNIs 2+ | 1.36 | 0.58 |
| HNIs 10+ | 2.66 | 0.13 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 4.24 | 4.76 | 1.02 |
| ROE | 20.16 | 26.88 | 8.59 |
| ROCE | 18.82 | 31.24 | 12.54 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| SRM Contractors Limited | 20.6 | 528 | 10 | 120.09 | 19.96 | 21.86 |
| Valplast Technologies Limited | NA | NA | 10 | 21.03 | 20.16 | 4.24 |
Company information
Company profile
Valplast Technologies Limited, incorporated in 2014, is a civil engineering and construction company specializing in structural waterproofing, injection and grouting services, and precast concrete work. Its expertise includes thermoplastic welding of geomembranes, sheet and spray-applied waterproofing, chemical and cementitious grouting, ground stabilization, and specialized drilling. Operating across 9 states, the company has completed over 40 projects in defense, railways, and infrastructure, with a focus on expanding to high-demand regions. Its portfolio covers tunnel construction, waterproofing solutions for tunnels, buildings, and reservoirs, injection grouting for structural strength, fabrication and installation of precast concrete elements, and slope stabilization with retaining walls to prevent erosion and landslides.
Strengths
- Experienced Management and Skilled Team: A strong leadership group and trained staff enable the company to deliver projects with high quality and reliability.
- Focus on Operational Efficiency: Optimal use of resources helps improve productivity, reduce costs, and ensure smooth operations.
- Diversified Business Strategy: Revenue from multiple regions and sectors provides financial stability and lowers dependence on any single market.
Risk factors
- Ongoing Legal Cases: The company, along with its promoters and directors, is involved in certain litigations. Any adverse ruling could affect business, operations, and financial stability.
- Past Losses and Pending Dues: A history of losses and receivables under dispute may put pressure on liquidity and profitability if not recovered on time.
- Potential Liabilities: Significant contingent liabilities, as disclosed in financials, could impact the company’s net worth and overall stability if they materialize.
Promoters
Mr. Sanjay Kumar
Mr. Rajeev Tyagi
Mrs. Madhunita
Registrar & documents
Lead manager
Fintellectual Corporate Advisors Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
1025 BH, 10th Floor, Puri Business HUB-81 High Street Sector 81, Faridabad, Haryana, 121004
0120- 4889900
[email protected]Company website ↗Understanding VALPLAST IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.