IPO IPO-Synopsis
Vishal Nirmiti Ltd

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Registered Office: 303, 17 Elphinstone House,Marzban Road New Empire Cinema , Mumbai - 400001 , Maharashtra , India.
Phone : +91 98238 77359   Fax:
Email :  ipo@vishalnirmiti.com  
Website :  www.vishalnirmiti.com
Initial public offering of upto 8,090,909 equity shares of face value Rs10 each ("Equity Shares") of Vishal Nirmiti Limited ("Company" or "Issuer") for cash at a price of Rs220 per equity share (including a share premium of Rs210 per equity share) ("Offer Price") aggregating upto Rs178 Crores (the "Offer") comprising a fresh offer of up to 6,590,909 equity shares of face value Rs10 each aggregating up to Rs145.00 Crores by the company ("Fresh Offer") and an offer for sale of up to 15,00,000 equity shares of face value Rs10 each aggregating up to Rs33 Crores ("Offered Shares") by Vaman Prestressing Company Private Limited ("Promoter Selling Shareholder") and such offer for sale, together with the fresh offer, the "Offer". The offer shall constitute [*]% of the post-offer paid up equity share capital of the company. Price Band: Rs208 to Rs220 per equity share of face value of Rs10 each. The floor price and the cap price are 20.80 times and 22.00 times the face value of the equity shares, respectively. Bids can be made for a minimum of 68 equity shares of face value of Rs10 each and in multiples of 68 equity shares of face value of Rs10 each thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Sep-26 05-Oct-26 Rs208.00-220.00 Rs0.00-0.00
Minimum Application for shares in Nos :68  Further Multiples of :68

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Saffron Capital Advisors Private Limited
Project Financed through Current Offer 176.20  
Post Issue Equity Share Capital 26.39  
Issue Price Rs208.00  
Projects
Funding Working Capital Requirements of the Company;General Corporate Purposes
Repayment and/ or pre-payment, in part or full of term loans availed by its Company
Promoted By
Brij B Tapadiya
Ajay Bhagwandas Tapadiya
Pavan Vithaldas Tapadiya
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd