| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹28.09 Cr |
| Reserved for Market Maker | ₹1.51 Cr |
| Net Issue Size | ₹28.09 Cr |
| Fresh Issue | ₹26.58 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹51.00-54.00 per share |
| BSE Code | 544565 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Fintellectual Corporate Advisors Pvt.Ltd. |
| Allotment Status | |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 4,000 shares · Multiples of 2,000 shares
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:
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
| 4 | Issue Expenses | 3.11 |
| Total | 28.09 |
| 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 | Mar 31, 2025 |
|---|---|
| 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 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 4.24 | 3.11 |
| P/E (x) | 12.75 | 17.34 |
| Promoter Holding | 86.65% | 63.68% |
| Market Cap | ₹105.99 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead manager fees | 0.45 |
| 2 | Underwriting commission | 0.84 |
| 3 | Brokerage, selling commission, upload fees and Marketing expenses | 1.35 |
| 4 | Registrars to the issue including NSDL/CDSL | 0.05 |
| 5 | Legal Advisors | 0.03 |
| 6 | Printing and stationary expenses | 0.06 |
| 7 | Regulators including stock exchanges | 0.05 |
| 8 | Peer Review Auditors | 0.03 |
| 9 | Other misc. expenses | 0.25 |
Last Updated on 08-Oct-2025 09:59:56