Subscription status
- Qualified institutional buyers (QIB)1.27x
- Non-institutional investors (NII)1.81x
- NII: bids above ₹10 lakh (big NII)1.71x
- NII: bids of ₹2–10 lakh (small NII)2.00x
- Retail investors1.67x
- Total1.71x
Shares offered and bid for, by category
| Category | Shares offered | Shares bid for |
|---|---|---|
| Qualified institutional buyers (QIB) | 84,710 | 1,07,372 |
| Foreign institutions (FII) | – | 4,556 |
| Banks, financial institutions and insurers | – | 952 |
| Mutual funds | – | 0 |
| Other institutions | – | 1,01,864 |
| Non-institutional investors (NII) | 24,56,635 | 44,45,908 |
| NII: bids above ₹10 lakh (big NII) | 16,37,757 | 28,04,184 |
| Corporates | – | 20,468 |
| Individuals(Other than RIIs) | – | 26,05,080 |
| Others | – | 1,78,636 |
| NII: bids of ₹2–10 lakh (small NII) | 8,18,878 | 16,41,724 |
| Corporates | – | 3,808 |
| Individuals(Other than RIIs) | – | 16,05,616 |
| Others | – | 32,300 |
| Retail investors | 59,29,808 | 98,93,524 |
| Cut Off | – | 89,55,260 |
| Price bids | – | 9,38,264 |
| Total | 84,71,153 | 1,44,46,804 |
Lot size and investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 68 | ₹14,960 |
| Retail (maximum) | 13 | 884 | ₹1,94,480 |
| Small NII / sHNI (minimum) | 14 | 952 | ₹2,09,440 |
| Small NII / sHNI (maximum) | 66 | 4,488 | ₹9,87,360 |
| Big NII / bHNI (minimum) | 67 | 4,556 | ₹10,02,320 |
IPO details
| Company | Vishal Nirmiti Limited |
|---|---|
| Board | Mainboard (NSE and BSE) |
| Issue period | Wed, 30 Sep 2026 to Mon, 5 Oct 2026 |
| Price band | ₹208 – ₹220 |
| Face value | ₹10 per share |
| Lot size | 68 shares |
| Shares offered (excl. anchor) | 84.71 lakh shares |
| Cut-off time for UPI Mandate Confirmation | 05-Oct-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. |
| Issue Size | Initial Public Offering comprising fresh issue aggregating up to Rs. 14500 lakhs and offer for sale up to 15,00,000 Equity Shares |
| Issue Type | Book Building |
| Discount | NA |
| Tick Size | Re. 1 |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
| Sponsor Bank | HDFC Bank Limited |
| Contact person name number and Email id | Shanti Gopalkrishna , +91 810 811 4949, vishalnirmiti.ipo@in.mpms.mufg.com |
| Registrar | MUFG Intime India Private Limited |
| Lead managers | Saffron Capital Advisors Private Limited |
Offer documents
Frequently asked questions
When does the Vishal Nirmiti IPO open and close?
It opens on Wed, 30 Sep 2026 and closes on Mon, 5 Oct 2026.
What is the price band of the Vishal Nirmiti IPO?
₹208 – ₹220 per share, with a face value of ₹10.
What is the lot size and minimum investment?
One lot is 68 shares. The minimum application is one lot, which costs ₹14,960 at the top of the price band.
When is the allotment and listing date?
Allotment was on Tue, 6 Oct 2026 and the shares listed on Thu, 8 Oct 2026.
What was the Vishal Nirmiti IPO listing gain?
It listed at ₹215 on Thu, 8 Oct 2026, a loss of −2.3% on the issue price of ₹220.
How do I check the Vishal Nirmiti IPO allotment status?
On the registrar's website (MUFG Intime India Private Limited) or the NSE and BSE allotment pages, using your PAN or application number, from the allotment date.
For information only. Not investment advice. SmartFigure is not registered with SEBI as an investment adviser or research analyst. GMP is an unofficial, unregulated grey-market figure, averaged from public websites; it is not a prediction of the listing price. Rely on the offer documents.