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Lot: 68 sh. • Min ₹14,960
Gain: +0.9%
Allotment: 6 Oct
Subscription Starts
Cut-off Time 5:00 PM
Registrar Finalization
UPI Mandate Release
Trading on NSE / BSE
Subscription Starts
Cut-off Time 5:00 PM
Registrar Finalization
UPI Mandate Release
Trading on NSE / BSE
Calculate live investment, expected return & grey market payout
Kostak is the fixed profit on selling unallotted applications. Subject to Sauda is the guaranteed rate upon share allotment.
Issue Price
₹220
Listing Price
₹215
Listing Gain
₹-5
-2.27%Current Price
₹215
-2.27%Vishal Nirmiti Limited, incorporated on June 30, 1994 as Sejal Farms Private Limited and renamed in 2025, is engaged in civil engineering, manufacturing and construction activities focused on railway and infrastructure products. The company manufactures pre-stressed concrete (PSC) sleepers for railway projects, precast concrete products, and large-diameter MS pipes, MS liners and penstock pipes used in pumped storage projects. Its manufacturing segment includes PSC sleepers, MS pipes and precast products such as noise barriers and cable ducts, contributing 75.01% of revenue in Fiscal 2026. The company also undertakes sub-contracted job work for MS pipes, liners, penstocks and precast products, along with wind power generation from a 1.8 MW facility, leasing and scrap sales. Its PSC sleeper manufacturing facilities are located in Mohol, Maharashtra; Bankhedi, Madhya Pradesh; Kandrori, Himachal Pradesh; and Timba, Gujarat, while its precast facility is situated in Nadiad, Gujarat. The company had an installed PSC sleeper capacity of 11,00,124 units in Fiscal 2026 and serves customers including Indian Railways, Larsen & Toubro Limited, KEC International Limited and Kalpataru Projects International Limited. As of June 30, 2026, its order book stood at ₹58,176.82 lakh and it had 420 employees on payroll. Going forward, the company plans to strengthen its existing business segments, increase manufacturing automation and expand into new geographical markets through successful tender participation.
P/E Ratio
N/A
Price to Earnings
ROE
15%
Return on Equity
ROCE
18%
Capital Employed
Debt / Equity
0.5
Leverage Ratio
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Disclaimer: Grey Market Premium (GMP) is an unofficial, unregulated cash premium traded between buyers and sellers before official listing on NSE or BSE. GMP indications are based on demand-supply dynamics in the grey market and are subject to extreme volatility. Neither SEBI nor stock exchanges regulate grey market operations. Investors should conduct independent fundamental analysis and read the Red Herring Prospectus (RHP) before applying.
Price Band
₹258 - ₹271
Min ₹14,905
Est. Listing
₹361
+33.2% Gain
Issue Size
₹26284500 Cr
Est. Profit
+₹4,950
Price Band
₹100 - ₹100
Min ₹100
Est. Listing
₹275
+175.0% Gain
Issue Size
₹270000000 Cr
Est. Profit
+₹175
Price Band
₹70 - ₹75
Min ₹15,000
Est. Listing
₹76
+1.3% Gain
Issue Size
₹14456000 Cr
Est. Profit
+₹200