Vishal Nirmiti IPO 2026
Listed₹178.00 Cr
₹208 – ₹220
68
shares per lot
₹14,960
+₹136
68 shares
Oct 08
2026
GMP Trend
Grey Market Premium is unofficial, unregulated, and does not represent a guaranteed listing price.
Latest GMP
+₹2
GMP %
+0.9%
Indicative Listing
₹222
Est. Profit/Lot
+₹136
IPO Details
Issue Information
Issue Size & Shares
Price & Investment
Important Dates
Listing Performance
IPO Timeline
IPO Opens
Sep 30, 2026 ✓ Completed
IPO Closes
Oct 05, 2026 ✓ Completed
Basis of Allotment
Oct 06, 2026 ✓ Completed
Refund Initiation
Oct 07, 2026 ✓ Completed
Demat Credit
Oct 07, 2026 ✓ Completed
Listing on Exchange
Oct 08, 2026 ✓ Completed
Registrar & Allotment Status
Registrar details, lead managers, and allotment status.
Lead Managers
- Saffron Capital Advisors Pvt.Ltd.
Allotment Finalized
Check your allotment status on the platforms below.
Finalized
Oct 06, 2026
Subscription Details
Latest subscription data as of Day 4 · Oct 05, 2026.
| Category | Subscription |
|---|---|
| QIB | 1.33x |
| NII / HNI | 1.89x |
| Retail | 1.75x |
| Total | 1.79x |
Subscription
Lot Size & Investment
Minimum Lot
68 shares
Minimum Investment
₹14,960
Max Investment (Retail)
₹194,480
Financial Highlights
Key Performance Indicators (31 mar 2026)
33.7%
28.0%
7.5%
7.4%
15.1%
1.01
12.61
17.5
About Vishal Nirmiti
Vishal Nirmiti IPO is a book build issue of ₹178.00 crores. The issue is a combination of fresh issue of 65.91 lakh shares aggregating to ₹145.00 crores and offer for sale of 15.00 lakh shares aggregating to ₹33.00 crores.
Promoters
Brij B Tapadiya, Ajay Bhagwandas Tapadiya, Pavan Vithaldas Tapadiya, Akhil Ranchod Tapadiya, Naveen Tapadiya, Rajendrakumar Badrinarayan Tapadiya, Suyash Vithaldas Tapadiya, Vedant Tapadiya and Keshav Tapadiya
Objectives of the Issue
Use of IPO proceeds as disclosed in the offer document.
- Funding working capital requirements of the Company
- Repayment and/ or pre-payment, in part or full of term loans
- General Corporate Purposes
- Issue Expenses
Promoter Holding
Pre-IPO Holding
73.42%
Post-IPO Holding
49.40%
Promoter dilution: 24.02%
Reservation & Allotment
Category-wise reservation of shares for this IPO.
Vishal Nirmiti IPO FAQs
What is Vishal Nirmiti IPO?
Vishal Nirmiti IPO is a book build issue of ₹178.00 crores. The issue is a combination of fresh issue of 65.91 lakh shares aggregating to ₹145.00 crores and offer for sale of 15.00 lakh shares aggregating to ₹33.00 crores.
What is the Vishal Nirmiti IPO price band?
The Vishal Nirmiti IPO price band is ₹208 – ₹220 per share.
When does Vishal Nirmiti IPO open and close?
The Vishal Nirmiti IPO opens on Sep 30, 2026 and closes on Oct 05, 2026.
What is the lot size and minimum investment for Vishal Nirmiti IPO?
The Vishal Nirmiti IPO lot size is 68 shares and the minimum investment is ₹14,960.
What is the Vishal Nirmiti IPO subscription status?
As of Day 4, the Vishal Nirmiti IPO is subscribed 1.79 times overall.
What is the Vishal Nirmiti IPO GMP today?
The latest Vishal Nirmiti IPO grey market premium (GMP) is ₹2 per share, which is unofficial and may change.
When is the Vishal Nirmiti IPO allotment date?
The expected allotment date for Vishal Nirmiti IPO is Oct 06, 2026.
When will Vishal Nirmiti IPO list?
The Vishal Nirmiti IPO is expected to list on Oct 08, 2026 on BSE, NSE.
Who is the registrar of Vishal Nirmiti IPO?
The registrar for Vishal Nirmiti IPO is MUFG Intime India Pvt.Ltd..
Key Dates
Disclaimer: All information on this page is for news, educational, and research purposes only. Grey Market Premium (GMP) is unofficial, unregulated, and indicative — it does not represent a guaranteed listing price. We do not provide investment advice. Always consult a SEBI-registered investment advisor before making investment decisions.