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

  • 6th October 2026
  • 12:00 PM
  • 4 min read
PL Capital

Summary

The share allotment for the Vishal Nirmiti initial public offering (IPO) is expected to be finalised on 6 October 2026, after the ₹178-crore issue was subscribed 1.79x. Applicants can check their status on the MUFG Intime India, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) websites. The shares are scheduled to list on 8 October 2026.

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. 

Category  Subscription 
QIBs  1.33x 
NIIs  1.89x 
NIIs, bids above ₹10 lakh  1.79x 
NIIs, bids up to ₹10 lakh  2.10x 
Retail investors  1.75x 
Overall  1.79x 

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. 

Detail  Information 
Price band  ₹208 to ₹220 per share 
Face value  ₹10 per share 
Lot size  68 shares 
Minimum retail investment  ₹14,960 (one lot at ₹220) 
Book-running lead manager  Saffron Capital Advisors Pvt. Ltd. 
Registrar  MUFG Intime India Pvt. Ltd. 
Market capitalisation at upper price band  ₹580.60 crore 

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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