Vishal Nirmiti Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹2(0.91%)
Premium (ELP)
Subscription for Vishal Nirmiti Limited's Initial Public Offering is currently underway, targeting total proceeds of 80,90,909 Shares. The offering composition includes 65,90,909 Shares in new capital infusion and ₹33.00 Cr in existing shareholder sales.
The active price band of ₹208 to ₹220 and minimum lot requirement of 68 shares define the current investment parameters. Market participants are actively evaluating this opportunity during the subscription window.
The application deadline is fast approaching on Oct 05, 2026. Following Subscription closure, allotment will be processed on Oct 06, 2026, leading to the anticipated listing on Oct 08, 2026 at the NSE, BSE exchange platform.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Vishal Nirmiti Limited, incorporated in 1994, is a civil engineering and construction company involved in manufacturing pre-stressed concrete sleepers for railways, pre-cast concrete products, and fabrication of MS pipes and related structures used in infrastructure projects. The company also provides EPC services across railway, irrigation, renewable energy, and industrial sectors, offering end-to-end solutions from manufacturing to project execution. Its business is divided into manufacturing, which includes railway sleepers and infrastructure components, and services, which covers construction work, fabrication, leasing, and other project-related activities. With operations spread across multiple states in India and backed by experienced promoters, the company has built a strong presence in infrastructure development.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
The expected premium (GMP) is based on market buzz and unofficial trading. It should not be considered as the guaranteed listing price. Always refer to the RHP and seek advice from a financial expert before making investment decisions.
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- Focused Construction & Infrastructure Business: Engaged in execution of residential and infrastructure projects, supporting steady demand from urban development.
- Diversified Project Portfolio: Works across multiple types of construction projects, reducing reliance on a single segment.
- Execution Experience: Established track record in project completion helps build credibility and secure repeat contracts.
- Dependence on Real Estate & Infrastructure Cycles: Business performance is closely linked to market demand and government spending.
- Working Capital Intensive: Requires continuous funding for raw materials, labor, and project execution, impacting cash flow.
- Competitive Industry: Faces strong competition from regional and organized construction players, leading to pricing pressure.
- Brij B Tapadiya
- Ajay Bhagwandas Tapadiya
- Pavan Vithaldas Tapadiya
- Akhil Ranchod Tapadiya
- Naveen Tapadiya
- Rajendrakumar Badrinarayan Tapadiya
- Suyash Vithaldas Tapadiya
- Vedant Tapadiya
- Keshav Tapadiya
Vishal Nirmiti Limited
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