Vishal Nirmiti IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 1.00 | 1.00 | 1.33 |
| NII | 0.01 | 0.84 | 1.89 |
| RII | 0.06 | 0.49 | 1.75 |
| Total | 0.06 | 0.60 | 1.79 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Vishal Nirmiti IPO minimum market lot is 68 shares with ₹14,960 application amount. The Vishal Nirmiti IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
Business Overview
Incorporated in 1994, Vishal Nirmiti is one of the leading 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).
The firm also offers EPC services for railway infrastructure, irrigation, and civil engineering projects, catering to various sectors such as railways, renewable power, and industrial infrastructure. 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.
Vishal Nirmiti IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Vishal Nirmiti IPO Review and Rating
- May Apply For Long-term View
Vishal Nirmiti IPO Form
How to apply for the Vishal Nirmiti IPO? You can apply for Vishal Nirmiti IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Vishal Nirmiti IPO in the Invest section. The other option is you can apply for Vishal Nirmiti IPO via IPO forms downloaded online. Check out the Vishal Nirmiti forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.