Valplast Technologies IPO, has been structured as a book-built issue worth ₹28.09 crore. The entire offering is a fresh issue of about 0.52 crore shares, with the price band fixed between ₹51 and ₹54 per share.
Investors looking to participate can subscribe with a minimum lot size of 2,000 shares, meaning retail applicants need to invest at least ₹2,16,000 at the upper price band, while high-net-worth individuals must apply for at least three lots, translating into an investment of ₹3,24,000.
The IPO opened for subscription on September 30, 2025 and will close on October 3, 2025, with the allotment expected on October 6, 2025 and a tentative listing date on October 8, 2025 at the BSE SME platform. The issue is managed by Fintellectual Corporate Advisors Private Limited, with Bigshare Services Private Limited acting as registrar and Nikunj Stock Brokers Limited as the market maker.
By the second day of bidding, the issue had been subscribed 0.57 times overall, with the retail portion subscribed 1.07 times, while the QIB category saw no subscription and the non-institutional investor segment recorded 0.16 times subscription.
Valplast Technologies Limited has launched its ₹28.09 crore IPO as a book-built issue, entirely comprising a fresh issue of 0.52 crore shares. The price band is set between ₹51 and ₹54 per share, with investors required to apply for a minimum lot size of 2,000 shares.
This translates into a retail investment of ₹2,16,000 at the upper price, while high-net-worth individuals must invest at least ₹3,24,000 for three lots. The IPO opened on September 30, 2025, and will close on October 3, 2025, with allotment expected on October 6, 2025, and listing scheduled for October 8, 2025, on BSE SME.
By Day 2, overall subscription stood at 0.57 times, with retail demand leading at 1.07 times while institutional participation remained muted.
The table below breaks down the Valplast Technologies share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 2,80,000 (5.38%) |
| QIB Shares Offered | 24,54,000 (47.17%) |
| NII (HNI) Shares | 7,44,000 (14.30%) |
| Retail Shares | 17,24,000 (33.14%) |
| Total Shares | 52,02,000 (100.00%) |
Data Source: BSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 0.00  |
| Non-Institutional Investors | 0.16 |
| Retail Individual Investors | 1.07  |
| Total shares | 0.57 |
Note: The subscription details are as of October 1, 2025, at 3:05 PM
Valplast Technologies Limited, established in 2014, is a civil engineering and construction company specialising in structural waterproofing, injection and grouting services, as well as precast concrete solutions.
The company’s service portfolio includes thermoplastic welding of geomembranes, sheet and liquid waterproofing systems, chemical and cementitious grouting, ground stabilisation, and specialised drilling operations. It also undertakes tunnel construction across varied terrains, slope stabilisation, retaining wall projects, and the fabrication of precast structural elements such as beams, columns, and slabs.
With operations spanning nine states and a track record of over 40 projects in defence, railways, and infrastructure, the company has steadily built its execution capabilities nationwide. Backed by a skilled workforce and efficient resource management, Valplast Technologies leverages its geographic diversification and technical expertise to strengthen its market presence and deliver sustainable, high-quality engineering solutions.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 3, 2025, 11:57 AM IST
Suraj Uday Singh
Suraj Uday Singh is a skilled financial content writer with 3+ years of experience. At Angel One, he excels in simplifying financial concepts. Previously, he cultivated his expertise at a leading mortgage lending firm and a prominent e-commerce platform, mastering consumer-focused and engaging content strategies.
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