IPO

IPO Synopsis 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. 208 to Rs. 220 per equity share of face value of Rs. 10 each. The floor price and the cap price are 20.80 times and 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  208.00-220.00  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  176.20  
Post Issue Equity Share Capital  26.39  
Issue Price  208.00  
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
 
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