Vishal Nirmiti
08 Oct '26MAINBOARD
Min. Investment
₹14,144
Issue size
₹178 Cr
GMP
Locked
Overall subscription: 0.05x
Expert verdict
IPO dates
30 Sep
Opening
05 Oct
Closing
06 Oct
Allotment
08 Oct
Listing
*Refunds will be initiated on 07 Oct '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 68 | ₹14,960 |
| HNI (Min) | 14 | 952 | ₹2,09,440 |
Subscription (as on 30 September 2026, 05:00 PM)
Overall0.05x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 1994|MD: Ajay Bhagwandas Tapadiya and Pavan Vithaldas Tapadiya
- Vishal Nirmiti Limited is a civil engineering, manufacturing and construction company engaged in manufacturing and dealing in pre-stressed concrete (PSC) railway sleepers and precast and prestressed concrete products. It also fabricates and erects mild steel (MS) pipes, MS Liners, and Penstock Pipes for pumped storage projects.
- The company provides engineering, procurement, infrastructure and construction services for railway infrastructure, civil engineering, irrigation and infrastructure development projects across railways, renewable power and industrial sectors. Its business is divided into manufacturing and services segments.
- The company has units that are owned, leased, allotted or licensed for job work purposes across Maharashtra, Madhya Pradesh, Gujarat, Himachal Pradesh, Odisha, Delhi, Punjab and Karnataka. Its registered office is in Fort, Mumbai, Maharashtra, while its corporate office is in Aundh, Pune, Maharashtra. The company has ISO 9001:2015 certifications for its PSC sleeper and MS pipe manufacturing units and ISO 45001:2018 certification for occupational health and safety at its Kukshi, Madhya Pradesh, unit.
Issue Details & Objective
Lot size
68 Shares
Price band
₹208 to 220
Face value
₹10 per share
Financials
IPO reservation
QIB - 1.00%
HNI - 29.00%
Retail - 70.00%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Vishal Nirmiti IPO is ₹178 Cr
The Vishal Nirmiti IPO will be open for applications from 30 Sep '26 to 05 Oct '26
The lot size of Vishal Nirmiti IPO is 68 Shares and its minimum investment amount is ₹14,144.
