Vishal Nirmiti Limited IPO Allotment Status

Written by: Team Angel OneUpdated on: 6 Oct 2026, 3:14 am IST

Vishal Nirmiti Limited’s mainboard IPO closes for subscription today, October 5, 2026. The basis of allotment is expected to be finalised on October 6, 2026, and the shares are scheduled to list on BSE and NSE on October 8, 2026.

Vishal Nirmiti IPO is a book build issue of ₹178.00 crore. The issue comprises a fresh issue of 65.91 lakh shares aggregating to ₹145.00 crore and an offer for sale of 15.00 lakh shares aggregating to ₹33.00 crore.

Vishal Nirmiti Limited is a book-built BSE and NSE IPO with a price band of ₹208–₹220 per equity share. The bidding window opened on September 30, 2026, and closes today, October 5, 2026.

The basis of allotment is expected to be finalised on October 6, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on October 7, 2026, while the shares are scheduled to list on BSE and NSE on October 8, 2026.

The IPO has a market lot of 68 shares. At the upper price band, one lot costs ₹14,960. The minimum retail application is one lot, or 68 shares, requiring ₹14,960.

Saffron Capital Advisors Pvt. Ltd. is the book running lead manager.

Investors can check Vishal Nirmiti IPO allotment status after the basis of allotment is finalised through MUFG Intime India Private Limited, the registrar to the issue, or through the NSE/BSE IPO-status facilities.

How to Check Vishal Nirmiti IPO Allotment Status Online on NSE?

Visit the NSE IPO bid-verification/application-status page.
Select “Equity” under Issue Type.
Choose “Vishal Nirmiti Limited” from the Issue Name dropdown after the allotment data is published.
Enter your PAN or Application Number.
Complete the captcha verification, where applicable.
Click on Submit or Search to view your application and allotment status.

How to Check Vishal Nirmiti IPO Allotment Status Online on BSE?

Visit the BSE IPO allotment-status page.
Select “Equity” under Issue Type.
Choose “Vishal Nirmiti Limited” from the Issue Name dropdown after the allotment data is published.
Enter your Application Number or PAN.
Tick the “I’m not a robot” captcha.
Click on Search to view your application and allotment status.

How to Check Vishal Nirmiti IPO Allotment Status on the Registrar’s Website?

Visit the official MUFG Intime India IPO allotment-status website.
Select “Vishal Nirmiti Limited” from the IPO-name dropdown once the registrar uploads the basis-of-allotment information.
Choose PAN, Application Number or DP ID/Client ID as the search method.
Enter the required details.
Complete the captcha verification.
Click on Submit or Search to view your allotment result.

Vishal Nirmiti IPO Details

Vishal Nirmiti’s IPO is priced in the range of ₹208–₹220 per equity share. The face value of each equity share is ₹10. The company’s issue is proposed to list on BSE and NSE.

The IPO opened on September 30, 2026, and closes on October 5, 2026. The basis of allotment is expected on October 6, 2026, refunds and demat credits are expected on October 7, 2026, and the shares are scheduled to list on BSE and NSE on October 8, 2026.

The market lot comprises 68 shares, requiring ₹14,960 at the upper price band. The minimum retail application is one lot, or 68 shares, requiring ₹14,960. Applications can be made in permitted multiples of 68 shares thereafter.

Allocation Quota for Vishal Nirmiti IPO

Investor Category	Shares	% of Net Issue	% of Total Issue
QIB	80,909	1.00%	NA
NII (HNI)	23,46,364	29.00%	NA
– bNII > ₹10L	15,63,973	19.33%	1,642
– sNII < ₹10L	7,82,391	9.67%	821
Retail	56,63,636	70.00%	83,288
Total	80,90,909	100.00%

Note: Category-wise shares offered and subscription figures vary slightly across sources and updates; the final basis of allotment published by MUFG Intime India will be definitive.

Vishal Nirmiti IPO – Overall Subscription Status

As of the latest available update on October 5, 2026, at 5:54:18 PM (Day 3), the Vishal Nirmiti IPO was subscribed 1.79 times overall. The non-institutional investor (NII) category was subscribed 1.89 times, the QIB (Ex Anchor) category 1.33 times, and the retail (Individual Investors) category 1.75 times. These figures may change slightly following exchange reconciliation after the issue closes.

Vishal Nirmiti IPO Subscription Details

Category	Subscription (x)	Shares Offered	Shares Bid For	Total Amount (₹ Crore)
QIB (Ex Anchor)	1.33	80,909	1,07,372	2.362
NII	1.89	23,46,364	44,45,908	97.810
— bNII (> ₹10L)	1.79	15,63,973	28,04,184	61.692
— sNII (< ₹10L)	2.10	7,82,391	16,41,724	36.118
Individual Investors	1.75	56,63,636	98,93,456	217.656
Total	1.79	80,90,909	1,44,46,736	317.828

Note: Shares Offered and Total Amount are calculated at the upper price band. The Total row excludes the Anchor portion.

Vishal Nirmiti Business Overview

Incorporated in 1994, Vishal Nirmiti Limited (formerly Sejal Farms Private Limited) is a civil engineering, manufacturing, and construction company primarily engaged in manufacturing and dealing of Pre-Stressed Concrete (PSC) sleepers for railways, pre-cast and pre-stressed concrete products, as well as fabrication and erection of Mild Steel (MS) pipes, liners, and penstock pipes for Pumped Storage Projects (PSPs).

The company also provides engineering, procurement, and construction (EPC) services for railway infrastructure, irrigation, and civil engineering projects across sectors such as railways, renewable power, and industrial infrastructure.

Manufacturing segment: Includes PSC sleeper manufacturing for Indian Railways, DFCCIL, and private clients, as well as MS pipes, MS liners, and penstock pipes for hydro power, lift irrigation, water supply, and infrastructure projects.

Services segment: Covers job work contracts for MS pipes, liners, penstock pipes, pre-cast and pre-stressed elements (such as noise barriers and cable ducts), hydro-mechanical structures, as well as construction works, power generation through windmills, transportation, leasing, and sale of scrap.

VNL has a pan-India presence with operational units across Maharashtra, Madhya Pradesh, Gujarat, Himachal Pradesh, Uttar Pradesh, Odisha, and Karnataka and is led by a highly experienced promoter group with over four decades of domain expertise

Vishal Nirmiti IPO allotment status is expected to be available on October 6, 2026, after approval of the basis of allotment. Investors should check MUFG Intime India or NSE/BSE using their PAN, application number or DP ID/Client ID.

Know more about IPO allotment status and check your application details online for the latest updates on share allocation.

Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions.

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.

Published on: Oct 5, 2026, 9:44 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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