• OPEN AN ACCOUNT
Indian Indices
Sensex
71,593.24 -1,045.46
( -1.44%)
Global Indices
Nasdaq
51,194.40 -347.88
(-0.67%)
Dow Jones
7,822.15 -17.78
(-0.23%)
Hang Seng
69,343.08 -692.63
(-0.99%)
Nikkei 225
10,441.54 -16.96
(-0.16%)
Forex
USD-INR
96.37 0.10
(0.10%)
EUR-INR
108.33 0.45
(0.42%)
GBP-INR
127.68 0.44
(0.34%)
JPY-INR
0.61 0.00
(0.01%)

IPO Synopsis

  • YOU ARE HERE :
  • HOME breadcrum-arrow
  • IPO Synopsis

IPO

CLICK HERE TO BID FOR IPOs ONLINE
Vishal Nirmiti Ltd
Initial public offer of 80,90,909 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 to Rs. 178 Crores comprising a fresh offer of 65,90,909 equity shares of face value Rs.10 each aggregating to Rs. 145.00 Crores by the company ("Fresh Offer") and an offer for sale of 15,00,000 equity shares of face value Rs. 10 each aggregating to Rs. 33 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: 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
Opens On Closes On
30-Sep-26 05-Oct-26
Money Payable On
Application Allotment
220.00 0.00
Minimum Application for shares in Nos : 68 Further Multiples of : 68
Cr Lead Managers to the Issue
Project Cost (.Cr) 128.29 Saffron Capital Advisors Private Limited
Project Financed through Current Offer (.Cr) 178.00  
Post Issue Equity Share Capital (.Cr) 26.39
Issue Price () 220.00
Projects
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