Valplast Technologies IPO Sees Moderate Demand, Subscribed 1.19x by Day 3

Valplast Technologies Limited's initial public offering (IPO) has demonstrated moderate investor interest through its third day of subscription, with Valplast Technologies' stock price band set at ₹51-54 per share reflecting steady market reception. The ₹28.09 crore IPO reached 1.19 times by 5:04:48 PM on day three.

Valplast Technologies IPO individual investors segment leads with moderate 1.46 times subscription, whilst qualified institutional buyers (ex-anchor) demonstrate moderate participation at 1.05 times, and non-institutional investors display limited interest at 0.74 times, whilst anchor investors show complete participation at 1.00 times.

Subscription Status of Valplast Technologies IPO:

Here are the subscription details for Valplast Technologies IPO as of Day 3 (October 3, 2025, 5:04:48 PM):

Valplast Technologies IPO Reservation

Key Highlights - Day 3:

• Overall subscription reached moderate 1.19 times, showing substantial improvement from day two's 0.57 times
• Individual investors displaying moderate confidence at 1.46 times, building substantially from day two's 1.07 times
• Qualified institutional buyers (ex-anchor) showing moderate growth at 1.05 times, building substantially from day two's 0.00 times
• Non-institutional investors showing limited performance at 0.74 times, building substantially from day two's 0.16 times
• Total applications reached 674, indicating minimal investor participation for this SME IPO
• Cumulative bid amount reached ₹22.13 crores against the issue size of ₹28.09 crores
   

Valplast Technologies IPO - Day 2 Subscription at 0.57 Times

Key Highlights - Day 2:

• Overall subscription reaching limited 0.57 times, showing improvement from day one's 0.38 times
• Individual investors displaying moderate confidence at 1.07 times, building substantially from day one's 0.56 times
• Non-institutional investors showing limited performance at 0.16 times, declining from day one's 0.46 times
• Qualified institutional buyers (ex-anchor) showing minimal performance at 0.00 times, unchanged from day one's 0.00 times

Valplast Technologies IPO - Day 1 Subscription at 0.38 Times

Key Highlights - Day 1:

• Overall subscription reached limited 0.38 times, showing cautious initial investor interest
• Individual investors displaying limited confidence at 0.56 times, showing weak retail sentiment
• Non-institutional investors showing limited performance at 0.46 times, indicating weak HNI appetite
• Qualified institutional buyers showing minimal performance at 0.00 times, indicating very weak institutional appetite

About Dhillon Freight Carrier Limited

Incorporated in 2014, Valplast Technologies Limited is a civil engineering and construction company engaged in structural waterproofing, injection/grouting services, and precast concrete work, offering services including tunnel construction, waterproofing solutions, injection grouting, and slope stabilization, operating across 9 states with 40+ completed projects in defense, railways, and infrastructure sectors.