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 offer of 80,90,909 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 to Rs178 Crores comprising a fresh offer of 65,90,909 equity shares of face value Rs10 each aggregating to Rs145.00 Crores by the company ("Fresh Offer") and an offer for sale of 15,00,000 equity shares of face value Rs10 each aggregating to Rs33 Crores ("Offered Shares") by Vaman Prestressing Company Private Limited ("Promoter Group Selling Shareholder") and such offer for sale, together with the fresh offer, the "Offer". The offer shall constitute 30.66% of the post-offer paid-up equity share capital of the company. Price Band: Rs220 per equity share of face value of Rs10 each. The floor price 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 Rs220.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :68  Further Multiples of :68

  Rs Cr Lead Managers to the Issue
Project Cost 128.29
Saffron Capital Advisors Private Limited
Project Financed through Current Offer 178.00  
Post Issue Equity Share Capital 26.39  
Issue Price Rs220.00  
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