Vishal Nirmiti IPO Listing

Details About Vishal Nirmiti IPO 

Vishal Nirmiti received SEBI approval for an IPO of ₹178 crores via a fresh issue with a face value of 10 each. Vishal Nirmiti IPO price band is ₹208 to ₹220 per share.  

Retail Individual Investors (RII):    

• Minimum application: 1 lot = 68 shares 
• Maximum application: 13 lots = 884 shares  

Small High Net-worth Individuals (S-HNI):   

• Minimum application: 14 lots = 952 shares 
• Maximum application: 66 lots = 4488 shares 

Big High Net-worth Individuals (B-HNI): 

• B-HNI Minimum: 67 lots= 4556 shares  

To invest in the Vishal Nirmiti IPO, each investor category has specific investment amounts: 

• Retail Investors: Minimum investment of ₹14,960.  
• Retail investors’ (Max) investment: ₹1,94,480. 
• Small HNI (S-HNI): Minimum investment of ₹2,09,440. 
• Small HNI (S-HNI): Maximum investment of ₹9,87,360. 
• B-HNI: Minimum investment of ₹10,02,320.   

Vishal Nirmiti subscription duration 

Vishal Nirmiti  IPO started on September 30, 2026, and closed on October 5, 2026. The investors’ allotment date was October 6, 2026, and they received a refund on October 7, 2026. The Vishal Nirmiti IPO listing date is October 8, 2026. 

Object to the Issue 

• Working Capital Requirements 
• Repayment and/ or pre-payment, in part or full, of term loans  
• General Corporate Purpose 

About Vishal Nirmiti Company 

Vishal Nirmiti, founded in 1994, is one of the growing civil engineering, manufacturing, and construction companies that manufacture Pre-Stressed Concrete (PSC) sleepers for railways, pre-cast and pre-stressed concrete products, as well as fabrication and erection of Mild Steel (MS) pipes, liners, and penstock pipes for Pumped Storage Projects (PSPs). 

Vishal Nirmiti has a pan-India presence across Maharashtra, Madhya Pradesh, Gujarat, Himachal Pradesh, Uttar Pradesh, Odisha, and Karnataka. Moreover, the firm is backed by experienced promoters and has over 4 years of industry experience.