Valplast Technologies IPO Overview
Valplast Technologies Limited IPO opens on September 30, 2025, and closes on October 3, 2025, with an issue size of ₹28.09 crore. The IPO includes fresh equity shares to fund business expansion, infrastructure projects, and working capital requirements. Investors can participate in this SME IPO to gain exposure to a growing civil engineering and infrastructure company with a strong project portfolio and expanding asset base.
Valplast Technologies GMP Status
| GMP (₹) (grey market premium) | IPO Price (₹) |
| 0 | 51-54 |
| Last Updated: 6 Oct 2025 | |
| 📌 Note: The above GMP data is unofficial and has been collected from multiple sources including grey market dealers and market observers. It is provided purely for informational and educational purposes. Please consult your financial advisor before making any investment decisions. | |
IPO Basic Detail
Valplast Technologies Core Business & Overview
Valplast Technologies Limited is a civil engineering and construction company based in India, specializing in infrastructure solutions such as structural waterproofing, injection grouting, tunnel construction, and precast concrete fabrication. Established in 2014 and headquartered in Faridabad, Haryana, the company has expanded its operations across nine states, executing over 40 projects in sectors like defense, railways, and infrastructure.
Core Services
Valplast Technologies offers a comprehensive range of services tailored to complex infrastructure projects:
- Structural Waterproofing Systems: Ensuring long-term protection against water ingress in underground structures.
- Injection Grouting: Providing chemical and cementitious solutions for soil stabilization and crack sealing.
- Tunnel Construction: Delivering specialized services for the construction and sealing of tunnels.
- Precast Concrete Fabrication: Manufacturing and installing precast elements for efficient construction.
- Slope Stabilization & Retaining Walls: Implementing solutions to prevent soil erosion and landslides.
- Mechanical, Electrical, and Plumbing (MEP) Works: Conducting essential services for tunnels and underground structures.
Strengths
- Diverse Project Portfolio: Experience in executing projects across various sectors, including defense, railways, and infrastructure.
- Geographical Reach: Operations spanning nine states, enhancing project execution capabilities.
- Certifications: ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, reflecting commitment to quality and safety standards.
Risks
- Market Competition: Operating in a competitive industry with numerous players.
- Project Execution Challenges: Potential delays and cost overruns in large-scale projects.
- Economic Sensitivity: Vulnerability to economic downturns affecting infrastructure investments.
Financial Performance Overview (₹ in Crore)
| Year | Revenue | Profit | Assets |
| FY 2023 | 27.21 | 1.27 | 26.75 |
| FY 2024 | 64.94 | 6.52 | 56.83 |
| FY 2025 | 63.24 | 6.11 | 75.61 |
Revenue
- FY 2023 → FY 2024: Revenue more than doubled from ₹27.21 Cr to ₹64.94 Cr, indicating strong business growth and expansion.
- FY 2024 → FY 2025: Slight decline to ₹63.24 Cr, a minor drop of 2.7%, possibly due to project completion or temporary slowdown in orders.
Insight: Overall, the company shows a robust revenue growth trajectory over three years.
Profit
- FY 2023 → FY 2024: Profit jumped from ₹1.27 Cr to ₹6.52 Cr, showing improved operational efficiency and higher-margin projects.
- FY 2024 → FY 2025: Slight dip to ₹6.11 Cr, consistent with the small decline in revenue.
Insight: The company maintains healthy profitability, though margins may have slightly compressed in FY 2025.
Assets
- FY 2023 → FY 2024: Asset base increased from ₹26.75 Cr to ₹56.83 Cr, suggesting investment in infrastructure, equipment, or expansion.
- FY 2024 → FY 2025: Further increase to ₹75.61 Cr, signaling continued capital expenditure and growth initiatives.
Insight: Strong asset growth indicates readiness for larger projects and long-term expansion.
Disclaimer:
The above IPO analysis and financial data are based on information provided by the company in its official documents. For complete details, please refer to the Red Herring Prospectus (RHP) linked above. Investors are strongly advised to consult their financial advisor before making any investment decisions.
