Grey-market premium (% of issue price) since we began tracking this IPO. GMP is unofficial and volatile.
Issue breakup
● Fresh issue 81%● OFS 19%
₹145 Cr fresh · ₹33 Cr OFS. Fresh issue raises new capital for the company; OFS is existing shareholders selling their stake.
Lot size
Application
Lots
Shares
Amount
Retail (Min)
1
68
₹14,960
Retail (Max)
13
884
₹1,94,480
S-HNI (Min)
14
952
₹2,09,440
S-HNI (Max)
66
4488
₹9,87,360
B-HNI (Min)
67
4556
₹10,02,320
Registrar
MUFG Intime India
Handles share allotment, refunds and the demat credit for this IPO.
About the company
Updated on Sep 28, 2026 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. Business Segments: 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.
Closing-day cut-off times (Mon 05-Oct)
Category
Bid by (IST)
QIB
4:00 PM
NII / HNI
4:00 PM
Retail
5:00 PM
UPI mandate approval
5:00 PM
Exchange cut-offs on the closing day. Your broker may set an earlier internal deadline — apply well before, and approve the UPI mandate before 5:00 PM. Times can change; verify with your broker.
Aggregated by CoinWhisperer for convenience. Figures (GMP, subscription, price band) can change and may be delayed — always verify on the official source and with your broker before applying. Do your own research.