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Vishal Nirmiti Ltd

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 Rs. 10 each ("Equity Shares") of Vishal Nirmiti Limited ("Company" or "Issuer") for cash at a price of Rs. 220 per equity share (including a share premium of Rs. 210 per equity share) ("Offer Price") aggregating upto Rs. 178 Crores (the "Offer") comprising a fresh offer of up to 6,590,909 equity shares of face value Rs.10 each aggregating up to Rs. 145.00 Crores by the company ("Fresh Offer") and an offer for sale of up to 15,00,000 equity shares of face value Rs. 10 each aggregating up to Rs. 33 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: Rs. 220 per equity share of face value of Rs. 10 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 Rs. 10 each and in multiples of 68 equity shares of face value of Rs. 10 each thereafter.

Issue Money Payable On
Opens on Closes On Application Allotment
30-Sep-26 05-Oct-26 220.00-0.00 0.00-0.00
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 178.00  
Post Issue Equity Share Capital 26.39  
Issue Price 220.00  

Project

  • Funding Working Capital Requirements of the Company;
  • Repayment and/ or pre-payment, in part or full of term loans availed by its Company
  • General Corporate Purposes

Promoted By

Brij B Tapadiya

Ajay Bhagwandas Tapadiya

Pavan Vithaldas Tapadiya

Listing At

BSE

NSE

Registrar to the Issue

MUFG Intime India Pvt Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.