Status
Listed
Price band
₹208–₹220
Lot size
68 shares
Minimum investment
₹14,960 for 1 lot
Issue size
₹178 crore
Dates
30 Sept 2026 – 5 Oct 2026
This page keeps the public figures for the Vishal Nirmiti Ltd. IPO in one place. When a price band is shown, it is the range of prices you can bid. The lot size is the smallest number of shares in one application. The minimum investment is one lot at the top of that band. The issue size is the amount being offered. A fresh issue is new shares, and the company receives that money. An offer for sale is shares sold by existing holders. The dates run from the day the issue opens to the day it lists. Allotment is the day shares are assigned. Refunds go back to people who were not allotted shares. Demat credit is the day allotted shares show in a demat account. Subscription, when it is shown, is how many times each category bid. A grey market premium, when it is shown, is unofficial and is not a guarantee of the listing price. The links go to the prospectus and the exchange notices when they are published. Nothing on this page is a recommendation to apply.
In FY26, Vishal Nirmiti Ltd. reported total income was ₹344.13 crore and profit after tax was ₹24.98 crore. Total income was up 5.9% from ₹324.86 crore in FY25. Profit after tax was up 5.7% from ₹23.64 crore in FY25.
The Vishal Nirmiti Ltd. issue is a fresh issue of ₹145 crore and an offer for sale of ₹33 crore. A fresh issue is new shares, so the company receives that money. An offer for sale is shares sold by existing holders.
The Vishal Nirmiti Ltd. timeline is: opens on 30 Sept 2026, closes on 5 Oct 2026, allotment is on 6 Oct 2026, refunds are on 7 Oct 2026, demat credit is on 7 Oct 2026, listing is on 8 Oct 2026.
The minimum retail application for Vishal Nirmiti Ltd. is ₹14,960 for 1 lot.
The total subscription for Vishal Nirmiti Ltd. is 1.79 times.
Vishal Nirmiti Ltd. listed at ₹215.
Dates
Opens
30 Sept 2026
Closes
5 Oct 2026
Allotment
6 Oct 2026
Refunds
7 Oct 2026
Demat credit
7 Oct 2026
Listing
8 Oct 2026
Vishal Nirmiti makes pre-stressed concrete (PSC) sleepers and also does civil engineering and construction work. It was formerly known as Sejal Farms Private Limited.
Objects of the issue
- Funding working capital requirements of the Company
- Repayment and/ or pre-payment, in part or full of term loans
- General Corporate Purposes
- Issue Expenses
Promoters
Brij B Tapadiya, Ajay Bhagwandas Tapadiya, Pavan Vithaldas Tapadiya, Akhil Ranchod Tapadiya, Naveen Tapadiya, Rajendrakumar Badrinarayan Tapadiya, Suyash Vithaldas Tapadiya, Vedant Tapadiya and Keshav Tapadiya
Subscription
Subscribed 1.79x overall. Final, as of 5 Oct 5 pm IST.
QIB
1.33x
NII
1.89x
Retail
1.75x
Total
1.79x
Issue
- Face value
- ₹10
- Fresh issue
- ₹145 crore
- Offer for sale
- ₹33 crore
- Exchanges
- BSE, NSE
- Registrar
- MUFG Intime India Pvt. Ltd.
Reservation
- Retail
- 70%
- NII
- 29%
- QIB
- 1%
Financials
₹ crore, for the last three reported years.
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY26 | 344.13 | 24.98 | 86.34 | — | — |
| FY25 | 324.86 | 23.64 | 61.12 | — | — |
| FY24 | 247.93 | 3.45 | 38.12 | — | — |
Listing
- Listing price
- ₹215
- Close on listing day
- ₹204.25
- Listing gain
- -2.27% versus ₹220
Frequently asked questions
What is the price band?
The price band is ₹208 to ₹220.
When does this issue open?
It opens on 30 Sept 2026 and closes on 5 Oct 2026.
What is the minimum investment?
The minimum retail application is ₹14,960 for 1 lot.
How many times was it subscribed?
The total subscription is 1.79 times, checked 5 Oct 2026, 5:00 pm IST.
When is allotment?
Allotment is on 6 Oct 2026.
What was the listing gain?
The listing gain against the top of the price band is -2.27%.
The questions above use only the figures on this page.
This page is a calendar of dates and prices. It is not a recommendation to apply.