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Valplast Technologies Ltd. IPO is a book build issue of ₹28.09 crores. The issue is entirely a fresh issue of 0.52 crore shares of ₹28.09 crore.
Valplast Technologies IPO bidding started from Sep 30, 2025 and ended on Oct 3, 2025. The allotment for Valplast Technologies IPO was finalized on Oct 6, 2025. The shares got listed on BSE SME on Oct 8, 2025.
Valplast Technologies IPO price band is set at ₹54.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹2,16,000.00 (4,000 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (6,000 shares), amounting to ₹3,24,000.
Fintellectual Corporate Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd..
Refer to Valplast Technologies IPO RHP for detailed Information.
| IPO Date | September 30, 2025 to October 3, 2025 |
| Listing Date | October 8, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹51 to ₹54 per share |
| Issue Price Final | ₹54 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 52,02,000 shares (aggregating up to ₹28.09 Cr) |
| Reserved for Market Maker | 2,80,000 shares Nikunj Stock Brokers Ltd. (aggregating up to ₹1.51 Cr) |
| Net Offered to Public | 49,22,000 shares (aggregating up to ₹26.58 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,44,25,943 shares |
| Share Holding Post Issue | 1,96,27,943 shares |
Valplast Technologies IPO offers total 52,02,000 shares. Out of which 24,54,000 (47.17%) allocated to QIB, 9,84,000 (18.92%) allocated to QIB (Ex- Anchor), 7,44,000 (14.30%) allocated to NII 17,24,000 (33.14%) allocated to RII and 14,70,000 (28.26%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,80,000 (5.38%) |
| QIB Shares Offered | 24,54,000 (47.17%) |
| − Anchor Investor Shares Offered | 14,70,000 (28.26%) |
| − QIB (Ex. Anchor) Shares Offered | 9,84,000 (18.92%) |
| NII (HNI) Shares Offered | 7,44,000 (14.30%) |
| − bNII > ₹10L | 4,92,000 (9.46%) |
| − sNII < ₹10L | 2,52,000 (4.84%) |
| Retail Shares Offered | 17,24,000 (33.14%) |
| Total Shares Offered | 52,02,000 (100.00%) |
Valplast Technologies IPO raises ₹7.94 crore from anchor investors. Valplast Technologies IPO Anchor bid date is September 29, 2025. Valplast Technologies IPO Anchor Investors list
| Bid Date | September 29, 2025 |
| Shares Offered | 14,70,000 |
| Anchor Portion Size (In Cr.) | 7.94 |
| Anchor lock-in period end date for 50% shares (30 Days) | November 4, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | January 3, 2026 |
Valplast Technologies IPO opens on September 30, 2025, and closes on October 3, 2025.
| IPO Open Date | Tue, Sep 30, 2025 |
| IPO Close Date | Fri, Oct 3, 2025 |
| Tentative Allotment | Mon, Oct 6, 2025 |
| Initiation of Refunds | Tue, Oct 7, 2025 |
| Credit of Shares to Demat | Tue, Oct 7, 2025 |
| Tentative Listing Date | Wed, Oct 8, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Oct 3, 2025 |
Investors can bid for a minimum of 4,000 shares and in multiples of 2,000 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 4,000 | ₹2,16,000 |
| Individual investors (Retail) (Max) | 2 | 4,000 | ₹2,16,000 |
| S-HNI (Min) | 3 | 6,000 | ₹3,24,000 |
| S-HNI (Max) | 9 | 18,000 | ₹9,72,000 |
| B-HNI (Min) | 10 | 20,000 | ₹10,80,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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:
Competitive Strengths:
Valplast Technologies Ltd.'s revenue decreased by 1% and profit after tax (PAT) dropped by 6% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 75.61 | 56.83 | 26.75 |
| Total Income | 64.53 | 65.24 | 27.34 |
| Profit After Tax | 6.11 | 6.52 | 1.27 |
| EBITDA | 12.71 | 9.98 | 3.13 |
| NET Worth | 30.33 | 24.22 | 14.90 |
| Reserves and Surplus | 15.91 | 9.79 | 2.40 |
| Total Borrowing | 22.55 | 6.20 | 3.93 |
| Amount in ₹ Crore | |||
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 22.41% |
| ROCE | 18.82% |
| Debt/Equity | 0.74 |
| RoNW | 20.15% |
| PAT Margin | 9.67% |
| EBITDA Margin | 20.10% |
| Price to Book Value | 2.57 |
| Market Capitalization | 105.99 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 4.24 | 3.11 |
| P/E (x) | 12.75 | 17.34 |
The Company Valplast Technologies IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Funding the capital expenditure requirements by purchase of Machinery | 4.95 |
| 2 | To meet incremental Working Capital requirements | 14.00 |
| 3 | General Corporate Purposes | 6.03 |
| Listing Date | October 8, 2025 |
| BSE Script Code | 544565 |
| NSE Symbol | |
| ISIN | INE0QP701017 |
| Final Issue Price | ₹54 per share |
| BSE Listing Group | MT (Trade to Trade) |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹54.00 |
| Open | ₹57.00 |
| Low | ₹57.00 |
| High | ₹59.85 |
| Last Trade | ₹58.63 |
Valplast Technologies Ltd.
1025 BH, 10th Floor,
Puri Business HUB-81
High Street Sector 81,
Faridabad, Haryana, 121004
Phone: 0120- 4889900
Email: cs@valplastindia.com
Website: https://valplastech.com/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Valplast Technologies IPO is a SME IPO of 52,02,000 equity shares of the face value of ₹10 aggregating up to ₹28.09 Crores. The issue is priced at ₹54 per share. The minimum order quantity is 2000.
The IPO opens on September 30, 2025, and closes on October 3, 2025.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Valplast Technologies IPO using UPI as a payment gateway. Zerodha customers can apply in Valplast Technologies IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Valplast Technologies IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Valplast Technologies IPO opens on September 30, 2025 and closes on October 3, 2025.
Valplast Technologies IPO lot size is 2000, and the minimum amount required for application is ₹2,16,000, with 2 lots being the minimum application size.
You can apply in Valplast Technologies IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Valplast Technologies IPO will be done on Monday, October 6, 2025, and the allotted shares will be credited to your demat account by Tuesday, October 7, 2025. Check the Valplast Technologies IPO allotment status.
The Valplast Technologies IPO listing date is on Wednesday, October 8, 2025.
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