FY26
Assets334.92
Net Worth86.34
Total Debt87.42
RevenueAnnualised basis338.67
EBITDAAnnualised basis51.13
PATAnnualised basis24.98
EBITDA Margin (%)15.10
At a glance
Updated 2026-09-28 16:23:39Vishal Nirmiti is an IPO with an issue size of ₹178.00 crore, proposed for listing on NSE EMERGE. The offer opens on 30 Sep 2026 and closes on 5 Oct 2026. The current listing schedule points to 8 Oct 2026.
Issue details
Listing atNSE EMERGE
Issue size₹178.00 Cr
Price band₹208.00–₹208.00
Listing8 Oct 2026
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹220.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens30 Sep 2026
Closes5 Oct 2026
Listing8 Oct 2026
Subscription demand
Full bidding ↗PENDINGBidding has not started yet.
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 68 | ₹14,960 |
| Retail (Max) | 13 | 884 | ₹194,480 |
| S-HNI (Min) | 14 | 952 | ₹209,440 |
| S-HNI (Max) | 66 | 4488 | ₹987,360 |
| B-HNI (Min) | 67 | 4556 | ₹1,002,320 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Repayment and/ or pre-payment, in part or full, of term loans availed by the Company | ₹75.00 Cr |
| Repayment and/ or pre-payment, in part or full of term loans | ₹19.00 Cr |
| General Corporate Purposes | — |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Assets224.50₹ Cr · -7.2% vs prior year
Net Worth35.00₹ Cr · -9.2% vs prior year
FY25
Assets296.61
Net Worth61.56
Total Debt88.05
RevenueAnnualised basis318.52
EBITDAAnnualised basis46.48
PATAnnualised basis23.63
EBITDA Margin (%)14.59
FY24
Assets242.04
Net Worth38.56
Total Debt91.75
RevenueAnnualised basis242.88
EBITDAAnnualised basis23.14
PATAnnualised basis34.46
EBITDA Margin (%)9.53
FY23
Assets224.50
Net Worth35.00
Total Debt82.14
RevenueAnnualised basis266.64
EBITDAAnnualised basis23.36
PATAnnualised basis30.13
EBITDA Margin (%)8.76
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Vishal Nirmiti IPO | — | 23.26 x | — | — |
| JSW Cement IPO | — | -122.38 x | — | — |
| Nuvoco Vistas IPO | — | - | — | — |
| Burnpur Cement IPO | — | 9.30 x | — | — |
Registrar & lead managers
Lead managers
- Location
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-28 16:23:39.
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