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 EmployeesOptimal Utilization of ResourcesDiversified revenue from multiple geographies
| Category | Shares Offered* | Total Amt* (₹ Cr.) |
|---|---|---|
|
Anchor
|
280,000 | ₹1.510 |
|
QIB (Ex Anchor)
|
2,454,000 | ₹13.250 |
|
NII
|
744,000 | ₹4.020 |
|
Retail
|
1,724,000 | ₹9.310 |
| Total ** | 5,202,000 | ₹28.090 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 4,000 | ₹216,000 |
| Retail (Max — 13 Lots) | 13 | 26,000 | ₹1,404,000 |
| S-HNI (Min — 14 Lots) | 14 | 28,000 | ₹1,512,000 |
| S-HNI (Max — 66 Lots) | 66 | 132,000 | ₹7,128,000 |
| B-HNI (Min — 67 Lots) | 67 | 134,000 | ₹7,236,000 |
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | — | — | — | — | — | 744,000 | 1,724,000 | 2,468,000 |
| Allotment price (Rs.) | 54 | 54 | 54 | 54 | 54 | 54 | 54 | 54 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (Rs.cr.) | 13.25 | 1.51 | 14.76 | — | — | 4.02 | 9.31 | 28.09 |
| No. of times subscribed | — | — | — | — | — | — | — | — |
| No. of shares allotted | — | — | — | — | — | 744,000 | 1,724,000 | 2,468,000 |
| Amount (Rs.cr.) | 13.25 | 1.51 | 14.76 | — | — | 4.02 | 9.31 | 13.33 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Category | Shares Offered | Amt (₹ Cr) | Size (%) |
|---|---|---|---|
| Anchor / Market Maker | 280,000 | ₹1.51 |
5.38%
|
| QIB (Ex Anchor) | 2,454,000 | ₹13.25 |
47.17%
|
| NII / HNI | 744,000 | ₹4.02 |
14.30%
|
| Retail (RII) | 1,724,000 | ₹9.31 |
33.14%
|
| Total | 5,202,000 | ₹28.09 |
100.00%
|
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 64.53 | 65.24 | 27.34 |
| EBITDA | 12.71 | 9.98 | 3.13 |
| Profit After Tax (PAT) | 6.11 | 6.52 | 1.27 |
| Net Worth | 30.33 | 24.22 | 14.90 |
| Total Assets | 75.61 | 56.83 | 26.75 |
| Reserves & Surplus | 15.91 | 9.79 | 2.40 |
| Total Borrowings | 22.55 | 6.20 | 3.93 |
| EBITDA Margin (%) | 20.10% | — | — |
| PAT Margin (%) | 9.67% | — | — |
Valplast Technologies Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI: