Vishal Nirmiti IPO GMP Today
Expected Gain: 0.91%
Vishal Nirmiti IPO GMP Today, 29 September 2026
Vishal Nirmiti IPO GMP today is ₹2. The latest grey market premium for the Vishal Nirmiti IPO is reported at ₹2 on 29 September 2026.
The Vishal Nirmiti IPO price band has been fixed at ₹208 to ₹220 per share. Using the upper price band of ₹220 and the current GMP of ₹2, the estimated listing price works out to ₹222 per share.
At a GMP of ₹2, the indicative listing gain is approximately 0.91% over the upper IPO price of ₹220.
Vishal Nirmiti IPO is scheduled to open for subscription on 30 September 2026 and close on 05 October 2026. The tentative listing date is 08 October 2026.
Vishal Nirmiti IPO is a mainboard book-building public issue of approximately ₹178 crore at the upper end of the price band. The issue comprises a fresh issue of up to ₹145 crore and an offer for sale of 15 lakh shares.
The IPO has a lot size of 68 shares. At the upper price band of ₹220, the minimum application value for one lot is ₹14,960.
The current GMP of ₹2 is an unofficial grey-market indication. GMP may change before listing depending on IPO demand, market conditions and grey-market activity.
GMP is not an official price indicator and does not guarantee the actual Vishal Nirmiti IPO listing price.
Vishal Nirmiti IPO Expected Listing Price
IPO Upper Price Band: ₹220
Latest GMP: ₹2
Based on the current GMP, the estimated listing price is ₹222 per share.
Estimated gain over the upper IPO price: 0.91%
Vishal Nirmiti IPO GMP Trend
Vishal Nirmiti IPO GMP is currently reported at ₹2 as of 29 September 2026.
This is the latest GMP update provided for the IPO. Further grey-market updates may change before the shares are listed.
| GMP Date | IPO Price | GMP | Estimated Listing | Estimated Gain | Estimated Profit/Lot | Status |
|---|---|---|---|---|---|---|
| 29-Sep-2026 | ₹220 | ₹2 | ₹222 | 0.91% | ₹136 | Latest GMP |
* Estimated listing price is calculated by adding the reported GMP to the IPO upper price band. Estimated profit per lot is calculated as GMP × lot size. Latest calculation: ₹2 × 68 shares = ₹136. GMP-based figures are indicative and may differ from the actual listing price.
Vishal Nirmiti IPO Details
| IPO Name | Vishal Nirmiti IPO |
| Company | Vishal Nirmiti Limited |
| IPO Type | Mainboard Book Building IPO |
| Issue Size | ₹178 Crore |
| Fresh Issue | ₹145 Crore |
| Offer for Sale | 15,00,000 Shares |
| Total Issue Shares | 80,90,909 Shares |
| Exchange | NSE & BSE |
| Open Date | 30 September 2026 |
| Close Date | 05 October 2026 |
| Allotment Date | 06 October 2026 |
| Refund / Unblock Date | 07 October 2026 |
| Demat Credit | 07 October 2026 |
| Listing Date | 08 October 2026 |
| Price Band | ₹208 to ₹220 per share |
| Face Value | ₹10 per share |
| Lot Size | 68 Shares |
| Minimum Investment | ₹14,960 |
| Latest GMP | ₹2 |
| Estimated Listing Price | ₹222 |
| Estimated Gain | 0.91% |
| Estimated Profit Per Lot | ₹136 |
| Last GMP Update | 29 September 2026 |
| Registrar | MUFG Intime India Pvt. Ltd. |
| Book Running Lead Manager | Saffron Capital Advisors Pvt. Ltd. |
Vishal Nirmiti IPO GMP Profit Estimate
Based on the latest GMP of ₹2 and the upper IPO price of ₹220, the estimated listing price is ₹222 per share.
| Particular | Calculation | Amount |
|---|---|---|
| IPO Investment | ₹220 × 68 Shares | ₹14,960 |
| Estimated Listing Value | ₹222 × 68 Shares | ₹15,096 |
| Estimated Gain | ₹15,096 − ₹14,960 | ₹136 |
If the GMP remains at ₹2 until listing, one lot of 68 shares would indicate an estimated GMP-based gain of approximately ₹136.
Vishal Nirmiti IPO GMP Update
GMP Date: 29 September 2026
Latest GMP: ₹2
The current GMP indicates an estimated listing price of ₹222 per share.
This represents an indicative listing gain of 0.91% over the upper IPO price of ₹220.
For one lot of 68 shares, the indicative GMP-based profit is ₹136.
Grey-market premiums can fluctuate before the official listing and should be treated only as an unofficial market-sentiment indicator.
What Is Vishal Nirmiti IPO GMP?
IPO GMP means Initial Public Offering Grey Market Premium. It refers to the premium at which an IPO may be informally traded in the grey market before the shares begin trading on the stock exchange.
A positive GMP can indicate that grey-market participants are quoting the IPO above its issue price. However, grey-market activity is unofficial and the premium can change based on demand, market sentiment and other factors.
Estimated Listing Price = IPO Upper Price Band + Latest GMP
₹220 + ₹2 = ₹222
Estimated Gain = (₹2 ÷ ₹220) × 100 = 0.91%
Estimated Profit Per Lot = ₹2 × 68 = ₹136
The actual Vishal Nirmiti IPO listing price may be higher or lower than the GMP-based estimate. Investors should not use GMP alone as the basis for an investment decision.
Vishal Nirmiti Company Overview
Vishal Nirmiti Limited is a civil engineering, manufacturing and construction company with operations divided primarily into manufacturing and services segments.
The company manufactures and deals in Pre-Stressed Concrete (PSC) sleepers for railways, precast and prestressed concrete products, and fabricated Mild Steel (MS) Pipes, MS Liners and Penstock Pipes for Pumped Storage Projects.
Vishal Nirmiti also provides engineering, procurement, infrastructure and construction services for railway infrastructure and civil engineering, irrigation and infrastructure development projects.
The company was incorporated in 1994 and has its registered office in Mumbai, Maharashtra, with its corporate office located in Pune.
According to published IPO information, the company plans to use proceeds from the fresh issue primarily toward working capital requirements, repayment or pre-payment of certain term loans and general corporate purposes.
The company’s shares are proposed to be listed on both NSE and BSE.
Vishal Nirmiti IPO Key Details
| Particular | Vishal Nirmiti IPO Information |
|---|---|
| IPO Type | Mainboard Book Building IPO |
| Issue Structure | Fresh Issue + Offer for Sale |
| Fresh Issue | ₹145 Crore |
| Offer for Sale | 15,00,000 Shares |
| Total Issue Size | ₹178 Crore |
| Issue Shares | 80,90,909 Shares |
| Upper Price Band | ₹220 |
| Lot Size | 68 Shares |
| Minimum Investment | ₹14,960 |
| Listing Exchange | NSE & BSE |
| Latest GMP | ₹2 |
| Estimated Listing Price | ₹222 |
| Expected Gain | 0.91% |
| Expected Profit Per Lot | ₹136 |
| IPO Opening Date | 30 September 2026 |
| IPO Closing Date | 05 October 2026 |
| Expected Listing Date | 08 October 2026 |
Vishal Nirmiti IPO Important Dates
| IPO Event | Date |
|---|---|
| IPO Opens | 30 September 2026 |
| IPO Closes | 05 October 2026 |
| Basis of Allotment | 06 October 2026 |
| Refund / Unblocking | 07 October 2026 |
| Shares Credited to Demat | 07 October 2026 |
| Listing | 08 October 2026 |
Vishal Nirmiti IPO GMP FAQs
What is Vishal Nirmiti IPO GMP today?
Vishal Nirmiti IPO GMP is ₹2 as of
29 September 2026.
What is the expected listing price of Vishal Nirmiti IPO?
Based on the upper IPO price of ₹220 and GMP of ₹2,
the estimated listing price is ₹222 per share.
What is the expected gain from Vishal Nirmiti IPO GMP?
The current GMP of ₹2 indicates an estimated gain of
approximately 0.91% over the upper IPO price of ₹220.
What is the estimated profit per lot?
With a lot size of 68 shares, the GMP-based estimated profit
is ₹136 per lot.
What is the Vishal Nirmiti IPO price band?
The Vishal Nirmiti IPO price band is
₹208 to ₹220 per share.
What is the Vishal Nirmiti IPO lot size?
The lot size is 68 shares.
What is the minimum investment in Vishal Nirmiti IPO?
At the upper price band, the minimum investment is
₹14,960 for one lot of 68 shares.
When will Vishal Nirmiti IPO open?
Vishal Nirmiti IPO opens for subscription on
30 September 2026.
When will Vishal Nirmiti IPO close?
Vishal Nirmiti IPO closes on
05 October 2026.
When is Vishal Nirmiti IPO allotment?
The tentative allotment date is
06 October 2026.
When is Vishal Nirmiti IPO listing?
The tentative Vishal Nirmiti IPO listing date is
08 October 2026 on NSE and BSE.
Who is the registrar of Vishal Nirmiti IPO?
MUFG Intime India Pvt. Ltd. is the registrar of the IPO.
Who is the lead manager of Vishal Nirmiti IPO?
Saffron Capital Advisors Pvt. Ltd. is the book running
lead manager of the IPO.
Vishal Nirmiti IPO GMP is based on unofficial grey-market indications and is provided only for informational purposes. GMP can change at any time and does not guarantee the actual listing price or investment returns. The estimated listing price, percentage gain and profit shown above are calculated using the IPO upper price band and the reported GMP. Investors should conduct their own research and due diligence before making any investment decision.