Current IPO
Vishal Nirmiti Ltd
Registered Office:
303, 17 Elphinstone House,Marzban Road New Empire Cinema,
Maharashtra ,
Mumbai,400001
Phone : +91 98238 77359
|
Fax : N/A
| Email :
ipo@vishalnirmiti.com
| Website : www.vishalnirmiti.com
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 | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Allotment | Application |
| 30-Sep-26 | 05-Oct-26 | 0.0 - 0.0 | 220.0 - 0.0 |
Minimum Application for shares in Nos : 68.00 Further Multiples of : 68.00
| ( in Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 128.29 |
Saffron Capital Advisors Private Limited |
| Project Financed | 178.00 | |
| Post Issue | 26.39 | |
| Issue Price | 26.39 |
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
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Promoted By
Brij B Tapadiya
Ajay Bhagwandas Tapadiya
Pavan Vithaldas Tapadiya
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Listing At
BSE
NSE
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Registrar to the Issue
MUFG Intime India Pvt Ltd