Vishal Nirmiti IPO Day 3: Subscription Closes Today, 5 October 2026
- October 5, 2026
- Posted by: Harsh Piplani
- Category: IPO
Vishal Nirmiti IPO closes today, 5 Oct 2026. Subscribed 0.60x through Day 2: QIB 1.00x, NII 0.84x, Retail 0.49x. Price band Rs 208-220. Lot size 68.
Quick Answer
The Vishal Nirmiti IPO is on its final day of bidding on 5 October 2026, after the Gandhi Jayanti market holiday on Friday 2 October and the weekend. The issue built from 0.06 times at the Day 1 close to 0.60 times at the Day 2 close on 1 October, with the small QIB quota fully subscribed at 1.00 times, NII at 0.84 times and retail at 0.49 times. With bidding open until the end of today’s session, the final subscription figure depends on demand in the closing hours.
Vishal Nirmiti Limited, a Pune-based precast and prestressed concrete products manufacturer, has reached the final day of its IPO subscription window today, 5 October 2026, after the Gandhi Jayanti market holiday on Friday 2 October and the weekend. The Vishal Nirmiti IPO opened on 30 September 2026 and is a mainboard, book built issue worth about Rs 178 crore, comprising a fresh issue and an offer for sale. The shares are proposed to list on both BSE and NSE.
Demand for the Vishal Nirmiti IPO picked up sharply on Day 2, with NII and retail building from a very thin first day. Retail carries 70 percent of this issue, so the retail multiple in today’s closing session will largely decide the overall figure.
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Vishal Nirmiti IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 30 September 2026 |
| Close Date | 5 October 2026 |
| Face Value | Rs 10 per share |
| Price Band | Rs 208 to Rs 220 per share |
| Lot Size | 68 shares |
| Issue Size | Rs 178 crore |
| Issue Type | Book Built Issue |
| Listing At | BSE and NSE |
| Allotment Date | 6 October 2026 |
| Listing Date | 8 October 2026 |
Vishal Nirmiti IPO Subscription Status Day 3
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the close of Day 2 on Thursday, 1 October, the last bidding day before the holiday weekend.
| Session | Overall | QIB | NII | Retail |
|---|---|---|---|---|
| Day 1 close (30 Sep) | 0.06x | 1.00x | 0.01x | 0.06x |
| Day 2 close (1 Oct) | 0.60x | 1.00x | 0.84x | 0.49x |
| Day 3, closing day so far (5 Oct) | Updating through the session | |||
The QIB quota, at about 1 percent of the issue, is already fully subscribed, so the overall figure now rests on retail and NII. Final figures should be confirmed on BSE and NSE once bidding closes today.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Vishal Nirmiti IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 208 to Rs 220 band, in multiples of 68 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue closes today with the overall book at around 0.60 times through Day 2, with retail, which holds 70 percent of the issue, still below full subscription. Investors considering the issue should review the company financials and risk factors in the RHP on bseindia.com and nseindia.com, and apply only after independent due diligence before the window shuts today.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Vishal Nirmiti IPO subscription status on Day 3?
Ans. On the closing day, 5 October 2026, the issue carries forward a Day 2 close of around 0.60 times overall, with QIB at 1.00 times, NII at 0.84 times and retail at 0.49 times, and figures are updating through today’s final session.
When does the Vishal Nirmiti IPO close?
Ans. The issue closes for subscription today, 5 October 2026, having opened on 30 September 2026. Bidding resumes today after the Gandhi Jayanti market holiday on Friday 2 October and the weekend.
What is the Vishal Nirmiti IPO price band and lot size?
Ans. The issue price band is Rs 208 to Rs 220 per share, with a lot size of 68 shares, taking the minimum retail investment to about Rs 14,960 at the upper price band.
Why does retail matter most for the Vishal Nirmiti IPO?
Ans. Retail investors hold about 70 percent of the issue, so the retail multiple, at 0.49 times after Day 2, has the largest influence on the overall subscription figure.
What is the Vishal Nirmiti IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the Vishal Nirmiti IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 208 to Rs 220 band, in multiples of 68 shares, then approving the UPI mandate before the daily cut off.
When will the Vishal Nirmiti IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 6 October 2026, with listing on both BSE and NSE tentatively scheduled for 8 October 2026.
What does Vishal Nirmiti Limited do?
Ans. Vishal Nirmiti Limited is engaged in civil engineering, manufacturing and construction activities, with a focus on manufacturing pre-stressed concrete sleepers for railways alongside other precast concrete products.
