Vishal Nirmiti logo

Vishal Nirmiti IPO: GMP, subscription and allotment status

MainboardMUFG IntimeOpens30 Oct

₹0grey-market premium

GMP
₹0
0.0%
Est. listing
₹220
0.0% on issue price
Price band
₹220
Lot
68 shares
Min. ₹14,960

Allotment

Expected 6 Oct.

Allotment ~6 Oct

Dates

30 → 5 Oct · allot 6 · list 8

Refunds and shares in your demat account on 7 Oct.

Issue details

Segment
Mainboard
Face value
₹10
Issue type
Book Building Issue
Fresh issue
₹145 Crores
Offer for sale
15,00,000 Equity Shares
Listing at
BSE, NSE
Registrar
MUFG Intime
NSE symbol
—

GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from

What you can apply for

Retail Minimum
1 lot, 68 shares
₹14,960
Retail Maximum
13 lots, 884 shares
₹1,94,480
S-HNI Minimum
14 lots, 952 shares
₹2,09,440
S-HNI Maximum
66 lots, 4,488 shares
₹9,87,360
B-HNI Minimum
67 lots, 4,556 shares
₹10,02,320

A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.

Where the money goes

Funding Working Capital Requirements
₹75.00 Cr
Repayment and/ or pre-payment, in part or full of term loans
₹19.00 Cr
General Corporate Purpose
—

What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.

Company numbers

Revenue, ₹ crore

₹344.13 Cr+5.9% on 2025

Profit, ₹ crore

₹24.98 Cr+5.7% on 2025

Assets, ₹ crore

₹334.92 Cr+12.9% on 2025

2026
Revenue ₹344.13
Profit ₹24.98
2025
Revenue ₹324.86
Profit ₹23.64
2024
Revenue ₹247.93
Profit ₹3.45
2023
Revenue ₹270.58
Profit ₹3.01

In ₹ crore, for the years the offer document reports.

ROE
33.67%
ROCE
28.02%
EBITDA Margin
15.10%
PAT Margin
7.37%
Debt to equity ratio
1.01
Earning Per Share (EPS)
₹12.61 (Basic)
Return on Net Worth (RoNW)
33.87%
Net Asset Value (NAV)
₹43.61

Listed peers

GPT Infraprojects Limited
P/E 14.83
EPS 7.70
Indian Hume Pipe Company Limited
P/E 13.86
EPS 26.79

Price to earnings, earnings per share and return on net worth, as the offer document reports them.

Who the issue is reserved for

QIB
1%
NII
29%
Retail
70%

Share of the issue set aside for each kind of investor.

Promoters and bankers

Lead managers
Saffron Capital Advisors Pvt.Ltd.

Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.

More Mainboard IPOs

Frequently asked questions

What is the GMP of Vishal Nirmiti IPO today?
The grey-market premium is ₹0, which points to a listing around ₹220 (0.0% on the issue price). GMP is unofficial and doesn't guarantee a listing price.
When does Vishal Nirmiti IPO open and close?
Bidding runs from 30 October 2026 to 5 October 2026.
What is the Vishal Nirmiti IPO allotment date?
Allotment is expected on 6 October 2026.
When will Vishal Nirmiti IPO list?
Listing is expected on 8 October 2026.
What is the lot size and minimum investment for Vishal Nirmiti IPO?
One lot is 68 shares, so the minimum investment at the upper price of ₹220 is ₹14,960.
How do I check Vishal Nirmiti IPO allotment status?
MUFG Intime is the registrar. Once allotment is out, check it by PAN on the MUFG Intime website or right here.