IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,454,000 | — | ₹13 Cr |
| NII (HNI) | — | 744,000 (14%) | — | ₹402 Cr |
| Retail | — | 1,724,000 (33%) | — | ₹931 Cr |
| Market Maker | — | 280,000 (5%) | — | ₹15 Cr |
| Σ Total | — | 5,202,000 (100%) | — | ₹28,091 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹108,000 |
| Retail (Max) | 13 | 26,000 | ₹1,404,000 |
| S-HNI (Min) | 14 | 28,000 | ₹1,512,000 |
| B-HNI (Min) | 67 | 134,000 | ₹7,236,000 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 65 | 65 | 27 |
| EBITDA | 13 | 10 | 3 |
| Profit After Tax | 6 | 7 | 1 |
| Net Worth | 30 | 24 | 15 |
| Total Assets | 76 | 57 | 27 |
| Reserves & Surplus | 16 | 10 | 2 |
| Total Borrowing | 23 | 6 | 4 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding the capital expenditure requirements by purchase of Machinery – 4.95
- To meet incremental Working Capital requirements – 14.00
- General Corporate Purposes –
Company Overview
Incorporated in 2014, Valplast Technologies Limited is a civil engineering & construction company engaged in structural waterproofing, injection/grouting services, and precast concrete work.
The company offers services such as thermoplastic welding of geomembranes, sheet waterproofing installation, liquid and spray-applied waterproofing, chemical and cementitious grouting/injection works, ground stabilization, and specialized drilling services.
The company operates in 9 states, completing 40+ projects in defense, railways, and infrastructure. It strategically expands to regions with high demand, steadily growing its execution capabilities across India.
Portfolio and Services:
- Tunnel Construction: The company builds tunnels through various terrains using drilling, blasting, or cut-and-cover methods, ensuring stability and efficiency.
- Waterproofing Services: The company provides waterproofing solutions for tunnels, buildings, and reservoirs using advanced membranes, coatings, and drainage systems.
- Injection Grouting: The company strengthens structures by injecting grout into cracks and voids, reinforcing foundations, and stabilizing loose ground.
- Precast Concrete Elements: The company fabricates and installs precast beams, columns, walls, and slabs, ensuring quality and efficiency in construction.
- Slope Stabilization & Retaining Walls: The company prevents erosion and landslides by building retaining walls and implementing drainage and vegetation solutions for stability.
Competitive Strengths:
- Strong Management Team and Experienced Staff/ Trained Employees
- Optimal Utilization of Resources
- Diversified revenue from multiple geographies