Valplast Technologies Ltd Share Price

Valplast Technologies was originally incorporated as ‘Renesco India Private Limited’ in Delhi as a subsidiary of a Foreign Company as Private Limited Company under the Companies Act, 1956 pursuant to a certificate of incorporation dated January 10, 2014, issued by the Registrar of Companies, Delhi and Haryana.

Incorporated in 2014, Valplast Technologies is a civil engineering & construction company engaged in providing supply and installation of structural waterproofing system, injection grouting solutions for various type of infrastructure projects including underground structures, tunnels, landfills, dam, channel, shafts, canal, reservoirs, building and various other civil engineering projects. Further, it has started construction of Tunnels, Pre-Cast Concrete structures and Mechanical, Electrical & Plumbing (MEP) engineering services in tunnels and underground structures. It undertakes a range of construction projects particularly in sectors such as Defense, railway, Civil structures etc. The majority of its service includes civil & structural construction services contracts under sub-contracting by main contractors, who have been allotted the project by a principal employer. 

The projects are related to Defense, Railway, Road Infrastructure and various sectors. Further, it has increased the scale of its operations by adopting a strategy of expansion across regions and has strategically expanded to geographies where there is a demand for its services. The growth and development of the company during the past years have been the result of its client-centric approach. Its main focus and vision are to sustain profitable growth by executing projects in time to the satisfaction of its clients. The company is an ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certified Company issued by Quality Control Certification accredited by ‘Intercert USA’ in compliance with quality management system, Environmental Management System and Occupational Health and Safety Management Systems respectively. 

Business area of the company

The company is civil-engineering & construction company engaged in providing structural waterproofing system, injection grouting solutions, Pre-Cast Concrete systems and MEP engineering services for various type of infrastructure projects including underground structures, tunnels, landfills, dam, channel, shafts, canal, reservoirs, building and various other civil engineering projects.

Services of the company

• Construction of Tunnels: The company provides tunnel construction services involving creating underground passageways through various terrains, such as rock or soil.
• Waterproofing services: It offers comprehensive waterproofing solutions for various structures including underground facilities, tunnels, landfills, dams, channels, shafts, canals, reservoirs, and buildings, which prevents water ingress into buildings, structures and tunnels.
• Injection grouting services: Its injection grouting services focus on reinforcing and stabilizing structures by injecting grout into voids or cracks.
• Fabrication and installation of precast concrete elements: Precast concrete elements mean preparing the structures off-site in a controlled environment before being transported and installed at the required construction site.
• Slope stabilization and construction of retaining walls: Its services in slope stabilization prevent soil erosion and landslides on inclined terrains.
• Mechanical, Electrical & Plumbing (MEP) works: It provides MEP services that cover the installation and maintenance of mechanical, electrical, and plumbing systems within buildings.

History and milestones

• 2014: Incorporation of the Company in the name of Renesco India Private Limited.
• 2020: Amalgamation of Marti India Private Limited with the company vide NCLT Order dated February 03, 2020.
• 2021: Change of name of the Company from ‘Renesco India Private Limited’ to ‘Valplast Technologies Private Limited’.
• 2023: Conversion of the company into Public Limited company.