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ClearIPO

Vishal Nirmiti Limited

Mainboard IPO

Open nowMainboardRisk-factor review pending

Risk analysis not yet reviewed. ClearIPO publishes risk factors only after a manual review of the offer document.

Last updated 30 Sept 2026

Key details

Price band
₹208 to ₹220
Face value
Rs 10
Lot size
68 shares
Minimum investment
Rs 14,960
Issue size
Rs 178 Cr
Fresh issue
Rs 178 Cr
Retail quota
35%
Exchanges
BSE, NSE
Opening date
30 Sept 2026
Closing date
05 Oct 2026
Allotment date
06 Oct 2026
Listing date
08 Oct 2026

3 further details have not been reported for this issue yet, so they are left out rather than estimated.

Explain this IPO simply

The same information as the prospectus, written the way you would explain it to a friend.

What the company does

Vishal Nirmiti is a civil engineering, construction, and manufacturing firm operating in 2 segments. Its manufacturing arm produces pre-stressed concrete sleepers, pre-cast barriers, and steel/penstock pipes for Indian Railways and private developers. Its services arm delivers EPC solutions for railway, irrigation, and road infrastructure. The company supports regional projects through specialized manufacturing facilities across Maharashtra, Madhya Pradesh, Gujarat, and Himachal Pradesh. <span data-mce-type="bookmark" style="display: inline-block; width: 0px; overflow: hidden; line-height: 0;" class="mce_SELRES_start">&#xFEFF;</span>

No hand-checked analysis for this issue yet

We publish only the figures our data source reports for this IPO. Clarity scoring, strengths and risks, use of funds and valuation multiples appear here once the prospectus has been read and verified.

Subscription status

Update pending

The issue is open. Subscription figures have not been published by the source yet.

Important documents

IPO timeline

  1. IPO opens

    30 Sept 2026

    First day you can apply.

  2. IPO closes

    05 Oct 2026

    Last day to apply, usually by evening.

  3. Allotment

    06 Oct 2026

    Who gets shares is decided.

  4. Refund / unblock

    07 Oct 2026

    Blocked money is released if you did not get shares.

  5. Shares in demat

    07 Oct 2026

    Allotted shares reach your demat account.

  6. Listing day

    08 Oct 2026

    Shares start trading on the exchange.

Frequently asked questions

Where this information comes from

Last updated
2026-09-30T10:15:07.831Z
Last verified
2026-09-30T10:15:07.831Z
Primary source
bse
Secondary source
Exchange filings
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