Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

IPO & buybacks › IPO

Vishal Nirmiti Limited

mainboard · NSE,BSE · listed

The issue

Price band, size and dates.

Price band

₹208.00 – ₹220.00

Issue size

₹178 Cr

Lot size

68

Listing

2026-10-08

Opens

2026-09-30

Closes

2026-10-05

What the money is for: Fresh-issue proceeds fund working capital (₹75 cr), term-loan repayment (₹19 cr) & general corporate; remainder is OFS by promoter-group seller

Registrar: MUFG Intime India Private Limited · Lead managers: Saffron Capital Advisors

Offer document (RHP)

Subscription

How many times each category of buyer applied for the shares on offer.

bnii

1.71×

nii

1.81×

overall

1.71×

qib

1.27×

retail

1.67×

snii

2.00×

Key figures

From the offer document.

debt to equity

1.01

ebitda margin pct

15.10

eps

9.46

fresh issue cr

145.00

market cap cr

580.60

nav per share

43.61

net worth cr

86.34

ofs cr

33.00

pat cr

24.98

pat growth pct

5.67

pat margin pct

7.37

pe post

23.25

pe pre

17.45

revenue cr

338.68

revenue growth pct

6.33

roce pct

28.02

roe pct

33.87

ronw pct

33.87

total debt cr

87.42

Is it cheap or expensive?PRO

Its price compared with listed peers.