Vishal Nirmiti IPO Timeline
About Vishal Nirmiti IPO
Incorporated in 1994, Vishal Nirmiti Limited is a civil engineering, manufacturing and construction company engaged in manufacturing Pre-Stressed Concrete (PSC) sleepers, precast and prestressed concrete products, and fabrication and erection of Mild Steel (MS) Pipes, MS Liners and Penstock Pipes for Pumped Storage Projects. It also provides engineering, procurement, infrastructure and construction services for railway, civil engineering, irrigation and infrastructure projects. Its operations are divided into Manufacturing and Services segments. It is led by experienced promoters and management with extensive expertise in railway sleeper manufacturing and infrastructure. The company has ISO 9001:2015 certifications for its PSC sleeper manufacturing units across Madhya Pradesh, Himachal Pradesh, Maharashtra and Gujarat. Revenue from operations increased from ₹26,664.18 lakh in FY2023 to ₹31,851.62 lakh in FY2025, while net profit rose from ₹301.32 lakh to ₹2,363.59 lakh. The company operates across Maharashtra, Madhya Pradesh, Gujarat, Himachal Pradesh, Uttar Pradesh, Odisha and Karnataka.
Vishal Nirmiti IPO Subscription Status
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| TBA | 0 | 0 | 0 | 0 |
| TBA | 0 | 0 | 0 | 0 |
Vishal Nirmiti IPO Financial Status
| Particulars (in Rs. Crores) | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 334.92 | 296.61 | 242.04 |
| Total Income | 344.13 | 324.86 | 247.93 |
| Profit After Tax | 24.98 | 23.64 | 3.45 |
| EBITDA | 51.13 | 46.48 | 23.14 |
| Net Worth | 86.34 | 61.12 | 38.12 |
| Reserves and Surplus | 66.98 | 59.76 | 36.76 |
| Total Borrowing | 87.42 | 88.05 | 91.75 |
Vishal Nirmiti IPO SWOT Analysis
Strengths
- Integrated manufacturing capabilities across PSC sleepers and MS pipes.
- Strong technical capabilities supported by global technology partnerships.
- Strong order book and long-standing customer relationships.
- Experienced promoters and professional management team.
Weaknesses
- Dependence on government railway projects for PSC sleeper revenues.
- Customer concentration exposing revenues and profitability to order fluctuations.
- Reliance on suppliers for raw materials, with supplier loss potentially disrupting operations.
- Strict quality requirements and standards, with quality lapses risking orders and warranty claims.
Frequently Asked Questions
1-What is the issue size of Vishal Nirmiti IPO?
The issue size for Vishal Nirmiti IPO is ₹178 Cr
2-What is 'pre-apply' for Vishal Nirmiti IPO?
You can apply for the Vishal Nirmiti IPO 2 days before the official subscription period begins using the pre-apply option.
3- How can I pre-apply for Vishal Nirmiti IPO?
Pre-applying for the Vishal Nirmiti IPO lets you apply before it officially opens. Click on the Apply Now link to apply for Vishal Nirmiti IPO on Religare Broking.
4-If I pre-apply for Vishal Nirmiti IPO, when will my order get placed?
Your order will be submitted to the exchange as soon as bidding for Vishal Nirmiti IPO begins. You will receive a UPI request within 24 hours after the bidding starts.
5- When will I know if my Vishal Nirmiti IPO order is placed?
We will notify you when your Vishal Nirmiti IPO order is placed with the exchange.
6- What are the open and close dates of the Vishal Nirmiti IPO?
The open date is 30 Sep’2026 and the closing date is 05 Oct’2026 |
7- What is the lot size of the Vishal Nirmiti IPO?
The lot size of the IPO is 68 shares
8- What is the price band of the Vishal Nirmiti IPO?
The price band of the IPO is ₹208 to ₹220 per share |
Upcoming IPOs Announced & Expected
Registrar information
Name
MUFG Intime India Pvt.Ltd.
Phone number
022-49186000
Email ID
vishalnirmiti.ipo@in.mpms.mufg.com