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Back Office| Vishal Nirmiti Ltd |
|---|
| Registered Office: 303, 17 Elphinstone House, Marzban Road New Empire Cinema, Mumbai - 400001, Maharashtra |
| Phone: 1 |
| Email: 1 |
| Website: 1 |
| 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 | Application | Allotment |
| 30-Sep-2026 | 05-Oct-2026 | 220.00 - 0.00 | 0.00 - 0.00 |
| Cr. | Lead Managers to the Issue |
|---|---|
| Project Cost | 128.29 |
| Project Financed through Current Offer | 178.00 |
| Post Issue Equity Share Capital | 26.39 |
| Issue Price | 220.00 |
| Projects |
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| 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 |
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| Brij B Tapadiya |
| Ajay Bhagwandas Tapadiya |
| Pavan Vithaldas Tapadiya |
| BSE |
| NSE |
| Registrar to the Issue |
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| MUFG Intime India Pvt Ltd |