Vishal Nirmiti IPO

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Vishal Nirmiti IPO Details

  • Bidding Date

    30-Sep-2026 to
    05-Oct-2026

  • Issue Size

    ₹178 Cr

  • Price Band

    ₹208 to ₹220

  • Allotment date

    06-Oct-2026

  • Listing date

    To be updated

  • Lot size

    68

  • No. of shares

    80,90,909

  • Fresh issue/OFS

    ₹145 Cr/₹33 Cr

About Vishal Nirmiti Company

Vishal Nirmiti, incorporated in 1994 as Sejal Farms and later renamed Vishal Nirmiti Limited, has developed from a civil-engineering and construction business into an integrated manufacturer and project-services provider for railway, water, renewable-power and industrial infrastructure. Its manufacturing segment produces and supplies pre-stressed concrete sleepers for Indian Railways, DFCCIL and private customers; precast and pre-stressed products such as noise barriers and cable ducts; and fabricated and erected mild-steel pipes, liners and penstock pipes for hydroelectric, pumped-storage, lift-irrigation and water-supply projects. Its services segment covers engineering, procurement and construction, subcontracting and job work, hydro-mechanical structures, infrastructure construction, transportation, equipment leasing, wind-power generation and related project-support activities. The company’s expertise lies in concrete prestressing, steel fabrication, large-diameter pipe systems, railway-track components, project execution and coordination across manufacturing and site operations, giving it an integrated capability from production through installation. Important customers include Indian Railways, DFCCIL, government infrastructure agencies, renewable-energy and hydropower developers, irrigation authorities, EPC contractors and large infrastructure companies. Vishal Nirmiti engages clients through tender-based and project-specific contracts, application-led engineering and coordinated delivery, emphasizing dimensional accuracy, quality, safety and schedule discipline to help customers address railway modernisation, water conveyance, renewable-power construction and the complexity of executing large infrastructure projects across multiple Indian states.

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FAQs for Vishal Nirmiti IPO.

The issue size of Vishal Nirmiti is ₹178.00 Cr.

Vishal Nirmiti falls into Building Products industry.

The open and close dates for the Vishal Nirmiti are 30-Sep-2026 & 05-Oct-2026.

The price band for the Vishal Nirmiti ipo is ₹208 to ₹220

The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.

Key financial of the Vishal Nirmiti are:


Vishal Nirmiti FY-25 FY-24 FY-23
Revenue (₹ Cr) 318.52 242.88 266.64
EBIT (₹ Cr) 38.87 13.44 15.75
Proft after Tax (₹ Cr) 23.64 3.45 3.01
Debt (₹ Cr) 88.05 91.75 82.15
Net Worth (₹ Cr) 61.56 38.56 35
RoE (%) 38.39 8.93 8.61