The global construction chemicals market is experiencing growing demand across multiple end-use sectors, including commercial, residential-based, industrial-based, and infrastructure. Among this, the residential segment is projected to grow fastest, with a CAGR of nearly 7% during the period 2024-2029, driven by urbanisation and sustainable housing demands. Taking the advantage of this growing demand for polymer and chemical solutions, Valplast Technologies is raising ₹120 crore through its IPO. Investors are watching the Valplast Technologies IPO details closely.
Let’s learn about Valplast Technologies IPO share price, lot size, subscription and more in-depth in this blog.
Valplast Technologies IPO Details
Take a closer look at the major details of the Valplast Technologies IPO review, including pricing, lot size, issue type, and listing plans:
| IPO opening date | 30th Sep 2025 |
| IPO closing date | 3rd Oct 2025 |
| Face value | ₹10 per equity share |
| Price band | ₹51 to ₹54 per share |
| Issue price | ₹54 per share |
| IPO lot size | 2000 shares |
| Sale type | Fresh Issue |
| Offer for sale | Not applicable |
| Fresh issue | 52,02,000 shares (aggregating up to ₹28.09Cr) |
| Issue type | Bookbuilding IPO |
| Listing at | BSE SME |
| Total issue size | 52,02,000 shares (aggregating up to ₹28.09Cr) |
| Reserved for market maker | 2,80,000 shares (aggregating up to ₹1.51Cr) |
| Net offeree to public | 49,22,000 shares (aggregating up to ₹26.58Cr) |
| Minimum investment | ₹2,16,000 (4,000 shares) |
| Retail discount | Undisclosed |
Valplast Technologies IPO Timeline
Here’s a quick look of the important dates to keep in mind for the Valplast Technologies IPO analysis:
| IPO open date | 30 September 2025 |
| IPO close date | 3 October 2025 |
| Provisional allotment | 6 October 2025 |
| Refund processing | 7 October 2025 |
| Transfer of shares into demat | 7 October 2025 |
| IPO listing | 8 October 2025 |
| Discontinuation date for UPI request validation | October 3, 2025 (3 PM) |
Valplast Technologies Grey Market Premium (GMP Today)
The GMP indicates how much investors can pay for shares before the official listing. Current numbers for Valplast Technologies IPO GMP today are:
| Date | GMP (₹) | Estimated listing price |
| 26 Sep 2025 (3:30 PM) | ₹3 | ₹57 (5.56%) |
Valplast Technologies IPO Reservation
The allocation of shares among different investor categories is as follows:
| Market maker shares offered | 2,80,000 shares (5.38%) |
| QIB shares offered | 24,54,000 shares (47.17%) |
| NII (HNI) shares offered | 7,44,000 shares (14.30%) |
| Retail shares offered | 17,24,000 shares (33.14%) |
| Total shares offered | 52,02,000 (100.00%) |
Valplast Technologies IPO Core Performance Indicator
A glance at Valplast Technologies recent financial indicators shows its profitability, leverage, and overall growth trajectory.
| Indicator | FY23 | FY24 | FY25 |
| RoE (%) | 8.51 | 26.94 | 22.41 |
| RoCE (%) | 12.55 | 31.23 | 18.82 |
| Debt to equity ratio | 0.26 | 0.26 | 0.74 |
| PAT margin (%) | 4.66 | 10.05 | 9.66 |
| EBITDA margin (%) | 11.50 | 15.37 | 20.10 |
| NAV per share (₹) | 11.92 | 16.79 | 21.03 |
| EPS (Basic & Diluted) (₹) | 1.02 | 4.76 | 4.24 |
Valplast Technologies IPO Financials
Here’s the company’s consolidated financial summary showing revenue, assets, and profit trends:
| (in ₹ lakhs) | 2023 | 2024 | 2025 |
| Revenue from Operations | ₹2,721.40 | ₹6,494.14 | ₹6,324.54 |
| Total Assets | ₹2,675.28 | ₹5,683.19 | ₹7,560.94 |
| Profit After Tax | ₹126.76 | ₹652.45 | ₹611.18 |
Valplast Technologies IPO Lot Size
The breakdown of the minimum and maximum application requirements for different investor categories for the Valplast Technologies IPO include:
| Investor category | Minimum application |
| Retail (Min) | 2 lots (4,000 shares, ₹2,16,000) |
| Retail (Max) | 2 lots (4,000 shares, ₹2,16,000) |
| HNI (Min) | 3 lots (6,000 shares, ₹3,24,000) |
Valplast Technologies IPO Promoter Holding
A snapshot of promoter ownership before and after the IPO:
| Percentage | |
| Promoter Holding Pre-Issue | 100.00% |
| Promoter Holding Post-Issue | 78.72% |
Valplast Technologies IPO Anchor Investors Details
The bidding for anchor investors takes place before the public issue. Final allocations will be confirmed after bidding is complete:
| Bid date | 29th September 2025 |
| Shares Offered | 14,76,600 |
| Anchor Portion Size (In Cr.) | To be updated |
Valplast Technologies IPO Prospectus
The IPO prospectus provides the official details filed with the exchanges, offering a complete guide to the issue. Key documents available for reference include:
About Valplast Technologies IPO
Valplast Technologies Limited was founded in 2014. Sanjay Kumar is Managing Director along with six others. The company specialises in structural waterproofing, injection grouting, tunneling, and precast concrete work, catering mainly to construction industry needs. With more than 11 years of sector experience, Valplast operates from Faridabad, Haryana, providing comprehensive solutions for tunnel construction, slope and coastal protection, and specialised coatings. It operates as a public subsidiary under a foreign company, with Valplast India LLP included as a group associate.
Objectives of the Valplast Technologies IPO
The company intends to utilise the IPO funds for the following purposes:
| Purpose | Allocation (₹ in Lakhs) |
| Funding for capital investment needs through acquisition of plant and machinery | ₹495.00 |
| Funding the working capital requirement | ₹1400.00 |
| General corporate purposes | To be disclosed |
Strength Of Valplast Technologies IPO
Valplast Technologies has several core strengths that support its growth and market presence:
- Skilled management team: Promoters Mr. Sanjay Kumar and Mr. Rajeev Tyagi contribute 16 and 11 years of practical expertise in civil construction and engineering, ensuring strong industry insight and guidance.
- Extensive geographic: Operations across 9 states in India help diversify the customer base and reduce dependence on any single region.
- Recognised quality certifications: ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 highlight adherence to quality, eco-responsibility, and workplace protection.
- Operational efficiency: Investments in modern machinery, employee training, and better resource utilisation enhance project execution and overall productivity.
Risk of Valplast Technologies IPO
Like any business, Valplast Technologies faces certain risks that investors should consider:
- High client concentration: Top 10 clients contributed 77.82% of FY25 revenue, making the company vulnerable if any major client reduces or stops orders.
- Dependence on subcontracting: Heavy reliance on subcontractors for project execution may affect delivery timelines and revenue if subcontractor performance is inconsistent.
- Negative cash flows: Historical negative cash flows, including ₹169.02 lakhs in FY23, indicate potential operational and liquidity challenges.
- Active legal proceedings: Several court matters connected to the company and its promoters may influence financial health or bring unexpected obligations.
- Market and regulatory risks: Exposure to industry fluctuations, material price changes, and regulatory changes in construction and chemicals could affect profitability.
Other Recent IPO List
| Saatvik Energy IPO | Solarworld Solutions IPO |
| Epack Prefab Technologies IPO | Jinkushal Industries IPO |
| Ganesh Consumer IPO | Atlanta Electricals IPO |
| Jain Resource Recycling IPO | VMS TMT IPO |
Valplast Technologies IPO FAQs
The Valplast Technologies IPO is a book-built issue worth ₹28.09 crore. The company is offering 52.02 lakh fresh equity shares with a price band of ₹51–₹54 per share. It aims to fund capital expenditure, working capital needs, and general corporate purposes while strengthening its market position.
To apply for Valplast Technologies IPO via Zerodha, log into Kite, visit the IPO section, select Valplast Technologies, enter UPI ID, choose quantity and price in multiples of the lot size, and submit. Accept the mandate in your UPI app to complete the application process
The Valplast Technologies IPO opens on 30th September 2025 and closes on 3rd October 2025. Anchor investors can bid a day earlier on 29th September 2025. During this window, investors can submit bids within the price band through registered brokers or UPI-enabled applications.
The minimum lot size for the Valplast Technologies IPO is 2,000 shares, requiring an investment of ₹1,08,000. However, the retail minimum application is set at 2 lots (4,000 shares), making the effective minimum investment ₹2,16,000. High Net Worth Individuals (HNIs) must apply for at least 3 lots.
Investors can apply for the Valplast Technologies IPO using the ASBA facility through their bank’s net banking portal or via UPI-enabled apps provided by registered brokers. The process involves selecting the lot size, filling in details, and submitting the application before the IPO’s closing date.
The provisional allotment for Valplast Technologies IPO will be announced on 6th October 2025. Refunds for unallotted investors begin on 7th October 2025, with shares credited to successful applicants’ demat accounts the same day. Investors can check allotment status online using PAN, demat, or application details.
The Valplast Technologies IPO is scheduled to list on the BSE SME platform on 8th October 2025. Post-listing, the share price will reflect investor demand and overall market sentiment. Investors can track the performance against the grey market premium (GMP) and official issue price.
