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Valplast Technologies Limited is a civil engineering and construction firm specializing in the supply and installation of structural waterproofing systems. The India Construction Market size was valued at USD 1.04 trillion in 2024 and is projected to grow to USD 1.21 trillion by 2025. Additionally, the industry is expected to continue its growth trajectory, reaching USD 2.13 trillion by 2030, with a CAGR of 12.1% from 2025 to 2030
The government has launched the National Infrastructure Pipeline (NIP) combined with other initiatives such as ‘Make in India’ and the production-linked incentives (PLI) scheme to augment the growth of the infrastructure sector.
The Government’s policy to increase private sector participation has proved to be a boon for the infrastructure industry with many private players entering the business through the public-private partnership (PPP) model
| Revenue | ₹64.94 cr | ₹63.24 cr (-2.62%) | |
| PAT | ₹6.51 cr | ₹6.11 cr (-6.14%) | |
| PAT Margin | 10.02 % | 9.66 % (-3.59%) | |
| EBITDA | ₹9.98 cr | ₹14.26 cr (+42.89%) | |
| EBITDA Margin | 15.37 % | 22.55 % (+46.71%) | |
| ROE | 26.88 % | 20.15 % (-25.04%) | |
| ROCE | 31.24 % | 18.82 % (-39.76%) | |
| D/E | 0.26 | 0.74 (+184.62%) |
Valplast Technologies Limited offers a diversified portfolio including:
Tunnel Construction
Structural Waterproofing Services
Injection Grouting Solutions
Fabrication and Installation of Precast Concrete Elements
Slope Stabilization and Retaining Wall Construction
Mechanical, Electrical & Plumbing (MEP) Works
PE Ratio: 17.34x Average Sector PE Ratio: 17.32x
| QIB Shares Offered: | 2454000 |
| − QIB (Ex. Anchor) Shares Offered : | 2454000 |
| NII (HNI) Shares Offered: | 744000 |
| - bNII > ₹10L: | 744000 |
| Retail Shares Offered: | 1724000 |
| Total Shares Offered: | 4922000 |
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Max) | 2 | 4000 | ₹216000 |
| S-HNI (Min) | 3 | 6000 | ₹324000 |
| S-HNI (Max) | 9 | 18000 | ₹972000 |
| B-HNI (Min) | 10 | 20000 | ₹1080000 |
Avg IPO Size (Sector Based):
₹ 30.96 cr.
Average Sector PE Ratio:
17.32 X
Listing Price:
₹ 57.00
The company is a civil engineering and construction firm specializing in the supply and installation of structural waterproofing systems and injection grouting solutions for a wide range of infrastructure projects. These include underground structures, tunnels, landfills, dams, channels, shafts, canals, reservoirs, buildings, and other civil engineering works. Recently, the company has expanded its capabilities to include tunnel construction, fabrication and installation of pre-cast concrete structures, and Mechanical, Electrical & Plumbing (MEP) engineering services within tunnels and underground facilities.
It undertakes a diverse array of construction projects, particularly in sectors such as defense, railways, and civil infrastructure. A significant portion of its work involves civil and structural construction services executed under sub-contracting arrangements with main contractors appointed by principal employers. Additionally, the company has directly executed select projects for private construction firms and government departments.
With a footprint spanning nine states across India, the company has steadily grown its execution capacity and successfully completed over 40 projects. These projects span defense, railway, road infrastructure, and other key sectors. Strategic regional expansion has enabled the company to scale operations and enter markets with strong demand for its specialized services.
Its portfolio includes:
Tunnel Construction
Structural Waterproofing Services
Injection Grouting Solutions
Fabrication and Installation of Precast Concrete Elements
Slope Stabilization and Retaining Wall Construction
Mechanical, Electrical & Plumbing (MEP) Works
Fintellectual Corporate Advisors Private Limited, based in New Delhi is the Lead Manager (BRLM) of Valplast Technologies IPO. Fintellectual Corporate Advisors Private Limited has handled (17) SME IPOs till date of which (76%) of the SME IPOs have been listed with listing gains. Read full review of Fintellectual Corporate Advisors Private Limited .
Valplast Technologies IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Valplast Technologies Financial Review Page
Merchant Banker(s) of Valplast Technologies IPO: Fintellectual Corporate Advisors Private Limited
Valplast Technologies IPO subscription was 1.19 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Valplast Technologies IPO listed at a listing price of 57.00 against the offer price of 54.00.
The current market price of Valplast Technologies is 58.63.
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