Valplast Technologies Limited - IPO

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.

As of August 31, 2024, the company has employed 186 permanent employees.

Competitive Strengths:

• Strong Management Team and Experienced Staff/ Trained Employees
• Optimal Utilization of Resources
• Diversified revenue from multiple geographies