---

Vishal Nirmiti Limited important data points

---

---

---

---

Vishal Nirmiti Limited IPO Pros & Cons

Strengths:

• Strong presence in railway and infrastructure manufacturing with long-standing relationships with Indian Railways and government bodies.
• Diversified product portfolio including PSC sleepers, precast concrete, and MS pipes reduces single-segment dependency.
• Nearly three decades of operating history supports execution capability and credibility.
• Infrastructure and rail capex focus by the Government of India provides long-term demand visibility.
• IPO proceeds expected to strengthen balance sheet and support capacity expansion.

Risks:

• Capital-intensive manufacturing business with sensitivity to raw-material price fluctuations.
• High dependence on government and railway contracts exposes revenues to policy and tender delays.
• Capital Intensive operations can impact cash flows during execution cycles.
• Absence of disclosed market share limits clarity on competitive positioning.
• Project execution risks and margin pressure due to intense competition in infrastructure contracts.

Vishal Nirmiti Limited Promoters – Pre offer equity (Approx)

Naveen Tapadiya	~6.33%
Vedant Tapadiya	~6.33%
Suyash Vithaldas Tapadiya	~4.43%
Pavan Vithaldas Tapadiya	~4.43%
Ajay Bhagwandas Tapadiya	~3.23%

Vishal Nirmiti Limited Lot Size details

Application Type	Lot Size	No. of Lots	No. of Shares	Investment Amount
Retail(Min)	–	1	–	₹ –
Retail (Max)	–	13	–	₹ –
Small HNI (Min)	–	14	–	₹ –
Small HNI (Max)	–	66	–	₹ –
Big HNI (Min)	–	67	–	₹ –

Lead Managers / Registrars of Vishal Nirmiti Limited 

Lead / Book Running Lead Managers	Saffron Capital Advisors Private Limited
Registrar (RTA)	MUFG Intime India Pvt Ltd

Founding Year of Vishal Nirmiti Limited & Managing Director

Vishal Nirmiti Limited was incorporated in the year 1994.

Mr. Ajay Tapadiya and Mr. Pavan Tapadiya is the Joint Managing Director of the company.

Vishal Nirmiti Limited FAQ

• Q1. What is the business of Vishal Nirmiti Limited?

  It is a civil engineering and manufacturing company producing pre-stressed concrete sleepers, precast/pre-stressed concrete products, and mild-steel pipes for railways, irrigation, and infrastructure projects.

  Share on Facebook

  Post on X

  Follow us

  Save

• Q2. Why is the company raising funds via IPO?

  Vishal Nirmiti is raising funds via IPO to expand it’s manufacturing capacity, reduce debt, strengthen the balance sheet, and support long-term working capital and growth in infrastructure project execution.

  Share on Facebook

  Post on X

  Follow us

  Save

• Q3. What is the size of the issue and where will it list?

  The issue size comprises a fresh issue of ₹ 125 crore plus an OFS of 15 Lakh equity shares. It will be listed on the BSE & NSE platform.

  Share on Facebook

  Post on X

  Follow us

  Save

• Q4. What are the risks to an investor?

  Dependency on government tenders, raw material cost volatility, execution delays on large infrastructure contracts, and limited publicly disclosed market share data.

  Share on Facebook

  Post on X

  Follow us

  Save

• Q5. What are the potential upsides?

  Positive sides of the IPO is it’s strong infrastructure demand, diversified product mix, established project execution experience, and potential growth from capacity expansion funded by the IPO.

  Share on Facebook

  Post on X

  Follow us

  Save

• Q6. How to apply for the IPO?

  You can apply for the IPO online via your broker or bank’s IPO/ASBA facility using UPI/net banking once dates and price band are announced.

  Share on Facebook

  Post on X

  Follow us

  Save

• Q 7. When is the tentative listing date?

  Expected listing date is yet to be announced.

  Share on Facebook

  Post on X

  Follow us

  Save

For more amazing blogs click here (IPO Corner).