Vishal Nirmiti

Vishal Nirmiti

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₹14,960(68 Shares)

Minimum Investment

IPO Dates

Sep 30, 2026 – Oct 5, 2026

Price Band

₹208–220 per equity share

Issue Size

₹178 Cr

Lot Size

68

Listing

Oct 8, 2026

Listing At

BSE, NSE

Sep 30, 2026Open DateCompleted
Oct 5, 2026Close DateCompleted
Oct 6, 2026Allotment DateCompleted
Oct 8, 2026Listing DateCompleted

Vishal Nirmiti Live Subscription Details

All IPOs
QIB1.33x
Retail1.75x
NIIs
1.89x

NII Sub-Categories

bHNI (> ₹10L)

Bids above ₹10L

2.10x

sHNI (< ₹10L)

Bids ₹2L to ₹10L

1.89x

Overall Subscription

Total Bids Received

1.79x

Vishal Nirmiti IPO Issue Details

Issue Price
₹208-220 Per Equity Share
Face Value
₹10 Per Equity Share
Total Issue Size
₹178 Cr
Fresh Share
65,90,909 shares(aggregating up to ₹145 crore)
Listing At
BSE, NSE
Listing Date
Oct 8, 2026
Lead Manager
Saffron Capital Advisors Pvt.Ltd.
Registrar
MUFG Intime India Pvt.Ltd.

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)168₹14,960
Retail (Max)13884₹1,94,480
sHNI (Min)14952₹2,09,440
sHNI (Max)664,488₹9,87,360
bHNI (Min)674,556₹10,02,320

Reservation Details

29%

NII

23.46L

1%

QIB

80.91K

70%

Individual

56.64L

19.5%

bhni

15.64L

9.5%

shni

7.82L

100%

shareholder

80.91L

Company Information

Founded in 1994, Vishal Nirmiti Limited (previously known as Sejal Farms Private Limited) is an engineering manufacturing and construction firm focusing on the manufacture and trading of Pre-Stressed ...

Valuations

EPS (Pre-IPO)

12.61

EPS (Post-IPO)

9.46

P/E (Pre-IPO)

17.45

P/E (Post-IPO)

23.26

RoNW

33.87%

PAT Margin

7.37%

P/B Value

5.04

Market Cap

₹580.60 Cr.

Financial Information (₹ in Crores)

MetricFY 26FY 25FY 24
Total Assets334.92296.61242.04
Total Revenue344.13324.86247.93
Profit After Tax24.9823.643.45
Net Worth86.3461.1238.12

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Funding Working Capital Requirements
  2. 2Repayment and/ or pre-payment, in part or full of term loans
  3. 3General Corporate Purposes

Vishal Nirmiti – Promoter(s)

Brij B Tapadiya
Ajay Bhagw
as Tapadiya
Pavan Vithaldas Tapadiya
Akhil Ranchod Tapadiya
Naveen Tapadiya
Rajendrakumar Badrinarayan Tapadiya
Suyash Vithaldas Tapadiya
Vedant Tapadiya
Keshav Tapadiya.

Contact Details

Corporate Office

303, 17 Elphinstone House, Marzban Road, New Empire Cinema, Fort, Mumbai, Maharashtra, 400001

+91 20 27299915

ipo@vishalnirmiti.com

Visit Website

Vishal Nirmiti Allotment & Registrar Details

Check Allotment

MUFG Intime India Pvt.Ltd.

022-49186000

vishalnirmiti.ipo@in.mpms.mufg.com

Visit Registrar Website

Vishal Nirmiti IPO Documents

Lead Managers

Saffron Capital Advisors Pvt.Ltd.

Frequently Asked Questions — Vishal Nirmiti IPO

The Vishal Nirmiti IPO price band is set at ₹208.00 to ₹220.00 per equity share.

The total issue size of Vishal Nirmiti IPO is ₹178 Cr.

The lot size for Vishal Nirmiti IPO is 68 shares per lot. The minimum investment amount is approximately ₹14,960.

The Vishal Nirmiti IPO opens on Sep 30, 2026 and closes on Oct 5, 2026.

The basis of allotment for Vishal Nirmiti IPO is expected to be finalized on Oct 6, 2026.

Vishal Nirmiti IPO is expected to be listed on Oct 8, 2026 on BSE, NSE.

The registrar for Vishal Nirmiti IPO is MUFG Intime India Pvt.Ltd.. You can contact them at vishalnirmiti.ipo@in.mpms.mufg.com.

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