Vishal Nirmiti IPO Allotment Status: Check BSE, NSE & MUFG Intime

Mumbai | 6 October 2026 

Share allotment is the step in which a company decides which IPO applicants receive shares. Vishal Nirmiti Limited is expected to complete this step on Tuesday, 6 October 2026, a day after bidding closed. 

What Is the Vishal Nirmiti IPO Subscription Status? 

The Vishal Nirmiti IPO was subscribed 1.79x overall when bidding closed on 5 October 2026. Investors bid for 1,44,46,736 shares against 80,90,909 shares on offer, through 1,25,441 applications. Non-institutional investors (NIIs) placed the strongest demand at 1.89x. Retail investors and qualified institutional buyers (QIBs) followed, as the table below shows. 

How to Check Vishal Nirmiti IPO Allotment Status? 

Applicants can check the Vishal Nirmiti IPO allotment status on the website of MUFG Intime India, the issue registrar, or on the BSE and NSE websites. Each platform asks for the applicant’s Permanent Account Number (PAN) or application number to display the status. 

On MUFG Intime India: 

1. Visit the MUFG Intime India public issues page at in.mpms.mufg.com/Initial_Offer/public-issues.html. 
2. Select “VNL” from the dropdown menu on the page. 
3. Enter your PAN, application number or demat account number. 
4. Click on “Submit” to view the Vishal Nirmiti IPO allotment status. 

On BSE: 

1. Visit the BSE website at bseindia.com/investors/appli_check.aspx. 
2. Select “Equity” under issue type. 
3. Select “Vishal Nirmiti Limited” from the issue name dropdown. 
4. Enter the application number and PAN. 
5. Tick the “I am not a Robot” box. 
6. Click on “Search” to view the Vishal Nirmiti IPO allotment status. 

On NSE: 

1. Visit the NSE website at nseindia.com/invest/check-trades-bids-verify-ipo-bids. 
2. Select “Equity & SME IPO bid details”. 
3. Select the Vishal Nirmiti symbol under “Select Symbol”. 
4. Enter the PAN and application number. 
5. Click on “Submit”. 
6. The Vishal Nirmiti IPO application status will be displayed. 

What Happens After Vishal Nirmiti IPO Allotment? 

Refunds for unsuccessful applicants and the credit of shares to the demat accounts of successful applicants are both expected on Wednesday, 7 October 2026. The shares are scheduled to list on the BSE and NSE on Thursday, 8 October 2026. 

What Is the Vishal Nirmiti IPO GMP Today? 

The grey market premium (GMP) for the Vishal Nirmiti IPO stood at ₹2 on 6 October 2026. This indicates an estimated listing price of ₹222 per share, a premium of 0.91% to the upper end of the price band of ₹220. 

GMP is an unofficial, informal indicator and does not guarantee the actual listing price or future performance of the stock. 

What Are the Key Details of the Vishal Nirmiti IPO? 

The Vishal Nirmiti IPO is a book-building issue worth ₹178 crore. It combines a fresh issue of 65,90,909 shares worth ₹145 crore and an offer for sale (OFS) of 15,00,000 shares worth ₹33 crore. The OFS shares come from promoter Vaman Prestressing Co. Pvt. Ltd. 

What Does Vishal Nirmiti Do? 

Incorporated in 1994, Vishal Nirmiti Limited, formerly Sejal Farms Private Limited, is a civil engineering, manufacturing and construction company. It mainly makes pre-stressed concrete (PSC) sleepers for railways, along with pre-cast and pre-stressed concrete products. It also fabricates and installs mild steel (MS) pipes, liners and penstock pipes for pumped storage projects. 

The company also provides engineering, procurement and construction (EPC) services for railway infrastructure, irrigation and civil engineering projects. It reports its business in two segments, manufacturing and services. 

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