Description
BSE announces the listing of 19,627,943 equity shares of Valplast Technologies Limited following its IPO, with various lock-in periods ranging from November 2025 to October 2028.
Summary
BSE has listed 19,627,943 equity shares of Valplast Technologies Limited following its Initial Public Offering (IPO). The shares are distributed across 13 distinct blocks with varying lock-in periods for different investor categories, including anchor investors. All shares are fully paid and held in demat form.
Key Points
- Total shares listed: 19,627,943 equity shares
- All securities are fully paid and held in demat form
- 13 separate blocks of shares with different distinctive number ranges
- Anchor investor allocation: 2,112,000 shares (blocks 9-12)
- IPO free allocation: 17,515,943 shares (blocks 1-8 and block 13)
- Lock-in periods range from 1 month to 3 years
- Shortest lock-in: November 4, 2025 (anchor investors)
- Longest lock-in: October 8, 2028 (3-year lock-in category)
Share Distribution Details
Anchor Investor Blocks (2,112,000 shares)
- Block 9: 634,000 shares (lock-in: Oct 6, 2025 to Nov 4, 2025)
- Block 10: 638,000 shares (lock-in: Oct 6, 2025 to Jan 3, 2026)
- Block 11: 98,000 shares (lock-in: Oct 6, 2025 to Nov 4, 2025)
- Block 12: 100,000 shares (lock-in: Oct 6, 2025 to Jan 3, 2026)
IPO Free Blocks (17,515,943 shares)
- Block 1: 246,010 shares (lock-in: Sep 25, 2025 to Oct 8, 2026)
- Block 2: 1,970,000 shares (lock-in: Sep 25, 2025 to Oct 8, 2028)
- Block 3: 2,765,000 shares (lock-in: Sep 25, 2025 to Oct 8, 2027)
- Block 4: 2,764,966 shares (lock-in: Sep 25, 2025 to Oct 8, 2026)
- Block 5: 1,970,000 shares (lock-in: Sep 25, 2025 to Oct 8, 2028)
- Block 6: 1,515,000 shares (lock-in: Sep 25, 2025 to Oct 8, 2027)
- Block 7: 2,552,967 shares (lock-in: Sep 25, 2025 to Oct 8, 2026)
- Block 8: 642,000 shares (lock-in: Sep 25, 2025 to Oct 8, 2026)
- Block 13: 3,732,000 shares (no lock-in specified)
Lock-in Categories
1-Year Lock-in (ending October 8, 2026)
- Total: 7,920,943 shares
- Applies to blocks 1, 4, 7, and 8
2-Year Lock-in (ending October 8, 2027)
- Total: 4,280,000 shares
- Applies to blocks 3 and 6
3-Year Lock-in (ending October 8, 2028)
- Total: 3,940,000 shares
- Applies to blocks 2 and 5
Anchor Investor Lock-in
- 1-month lock-in (ending Nov 4, 2025): 732,000 shares
- 3-month lock-in (ending Jan 3, 2026): 738,000 shares
Important Dates
- Lock-in Start Date (IPO Free): September 25, 2025
- Lock-in Start Date (Anchor): October 6, 2025
- First Lock-in Expiry (Anchor): November 4, 2025
- Second Lock-in Expiry (Anchor): January 3, 2026
- 1-Year Lock-in Expiry: October 8, 2026
- 2-Year Lock-in Expiry: October 8, 2027
- 3-Year Lock-in Expiry: October 8, 2028
Impact Assessment
The listing of Valplast Technologies Limited adds a new company to BSE’s equity market. The staggered lock-in structure across multiple time periods (1 month to 3 years) indicates different investor categories including promoters, strategic investors, and anchor investors. The significant proportion of shares under long-term lock-in (3,940,000 shares for 3 years and 4,280,000 shares for 2 years) suggests strong promoter holding and commitment. The relatively short lock-in period for anchor investors (1-3 months) follows SEBI guidelines. Trading liquidity will gradually increase as lock-in periods expire, with the first significant unlock occurring in October 2026 when approximately 7.9 million shares become freely tradeable.
Impact Justification
New IPO listing with 19.6 million shares across multiple investor categories with varying lock-in periods