Vishal Nirmiti IPO Details
| Detail | Description |
|---|---|
| IPO Date | 30 Sep to 5 Oct, 2026 |
| Listing Date | 8 Oct, 2026 |
| Face Value | ₹ 10 per Equity Share |
| Issue Price Band | ₹ 208 to ₹ 220 |
| Lot Size | 68 Shares |
| IPO Type | Fresh capital cum OFS |
| Total Issue Size | 80,90,909 shares (agg. up to ₹ 178 Cr) |
| Fresh Issue(Ex Market Maker) | 65,90,909 shares (agg. up to ₹ 145 Cr) |
| Offer for Sale | 15,00,000 shares of ₹10 (agg. up to ₹ 33 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE and NSE |
| Share Holding Pre Issue | 1,98,00,000 shares |
| Share Holding Post Issue | 2,63,90,909 shares |
About Vishal Nirmiti IPO
Vishal Nirmiti IPO
Vishal Nirmiti IPO Financial Information
Latest Revenue
₹ 338.67 Cr
Profit After Tax
₹ 24.98 Cr
Net Worth
₹ 86.34 Cr
Total Borrowing
₹ 87.42 Cr
| Period Ended | Assets | Revenue | Profit (PAT) | Net Worth | Reserves | Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 2026(Restated) | 334.92 | 338.67 | 24.98 | 86.34 | 66.98 | 87.42 |
| 31 Mar 2025(Restated) | 296.61 | 318.51 | 23.64 | 61.12 | 59.76 | 88.05 |
| 31 Mar 2024(Restated) | 242.04 | 242.88 | 3.45 | 38.12 | 36.76 | 91.75 |
| Amount in ₹ Crore | ||||||
Vishal Nirmiti IPO GMP (Grey Market Premium)
“Grey Market Premium” or GMP is defined as the rate at which the IPO's shares are traded in the market before they are officially listed on the stock exchange.
The Vishal Nirmiti IPO GMP is currently trading at ₹2, reflecting the sentiment of unofficial investors before the official listing. This premium suggests a potential listing price of ₹222, which is 0.91% above the issue price. While the Grey Market Premium is a key indicator of demand and investor appetite, it is important to remember that GMP is highly volatile and should not be the sole factor in your investment decisions.
IPO Estimated Listing Return
Based on the IPO Price of ₹220 (highest price band), the latest uploaded Grey Market Premium (GMP) of ₹2 and a lot size of 68 shares.
Vishal Nirmiti IPO GMP TREND (DAILY UPDATES)
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| 6 Oct 2026 | ₹220 | ₹2 | 6 Oct, 202609:57 AM |
| 5 Oct 2026 | ₹220 | ₹20 | 5 Oct, 202610:14 AM |
| 4 Oct 2026 | ₹220 | ₹20 | 4 Oct, 202610:14 AM |
| 3 Oct 2026 | ₹220 | ₹20 | 3 Oct, 202610:24 AM |
| 2 Oct 2026 | ₹220 | ₹20 | 2 Oct, 202610:24 AM |
| 1 Oct 2026 | ₹220 | ₹5 | 1 Oct, 202610:35 AM |
| 30 Sep 2026 | ₹220 | ₹6 | 30 Sep, 202610:27 AM |
| 29 Sep 2026 | ₹220 | ₹2 | 29 Sep, 202604:40 PM |
| 28 Sep 2026 | ₹220 | ₹0 | 28 Sep, 202601:16 PM |
| 27 Sep 2026 | ₹220 | ₹0 | 27 Sep, 202601:16 PM |
| 26 Sep, 2026 | ₹220 | ₹0 | 26 Sep, 202612:47 PM |
Vishal Nirmiti Key Performance Indicator
| KPI | Values(31 Mar 2026) |
|---|---|
| ROE | 33.67 % |
| ROCE | 28.02 % |
| Debt/Equity | 1.01 |
| RoNW | 33.87 % |
| PAT Margin | 7.37 % |
| EBITDA Margin | 15.10 % |
| Price to Book Value | 5.04 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 12.61 | 9.46 |
| P/E (x) | 17.45 | 23.26 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹220.00 | ₹220.00 |
| Open | ₹215.00 | ₹215.00 |
| Low | ₹204.25 | ₹204.25 |
| High | ₹215.00 | ₹215.00 |
| Last Trade | ₹204.25 | ₹204.25 |
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Competitive Strengths
Engaging as an important player in the production of pre-stressed concrete railway sleepers and specific MS pipes for critical energy and water installations.
Established track record with over 30 years of operational history, including working with significant governmental and local bodies.
Geographical reach is achieved with strategically located manufacturing facilities in Gujarat, Madhya Pradesh, Himachal Pradesh and Maharashtra.
Download regulatory filings
Vishal Nirmiti IPO Timeline
| IPO Open Date | Wed, Sep 30, 2026 |
| IPO Close Date | Mon, Oct 5, 2026 |
| Tentative Allotment | Tue, Oct 6, 2026 |
| Initiation of Refunds | Wed, Oct 7, 2026 |
| Credit of Shares to Demat | Wed, Oct 7, 2026 |
| Tentative Listing Date | Thu, Oct 8, 2026 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | 68 | 14,960 |
| Individual investors (Retail) (Max) | 13 | 884 | 1,94,480 |
| S-HNI (Min) | 14 | 952 | 2,09,440 |
| S-HNI (Max) | 66 | 4,488 | 9,87,360 |
| B-HNI (Min) | 67 | 4,556 | 10,02,320 |