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Vishal Nirmiti Limited

Vishal Nirmiti Limited, incorporated in 1994, is a civil engineering and construction company involved in manufacturing pre-stressed concrete sleepers for railways, pre-cast concrete products, and fabrication of MS pipes and related structures used in infrastructure projects. The company also provides EPC services across railway, irrigation, renewable energy, and industrial sectors, offering end-to-end solutions from manufacturing to project execution. Its business is divided into manufacturing, which includes railway sleepers and infrastructure components, and services, which covers construction work, fabrication, leasing, and other project-related activities. With operations spread across multiple states in India and backed by experienced promoters, the company has built a strong presence in infrastructure development.

₹208 - ₹2201.79x sub
Listed Price₹215.00
Listing Gain-2.27%
Subscription•1.79x total demand•Updated 08 Oct 2026, 09:26 AM
QIB1.33x
Fully Subscribed (Safe)Offered: 80,909 sh
Nib1.89x
Fully Subscribed (Safe)Offered: 23,46,364 sh
Hnis(10l +)1.79x
Fully Subscribed (Safe)Offered: 15,63,973 sh
Hnis (2-10l)2.10x
Fully Subscribed (Safe)Offered: 7,82,391 sh
Retail1.75x
Fully Subscribed (Safe)Offered: 56,63,636 sh
CategoryOfferedAppliedTimes
QIB80,9091,07,3721.33x
Nib23,46,36444,45,9081.89x
Hnis(10l +)15,63,97328,04,1841.79x
Hnis (2-10l)7,82,39116,41,7242.1x
Retail56,63,63698,93,5241.75x
Segment Subscription Demand
Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB2.361.781.33x
Retail217.66124.61.75x
Nib97.8151.621.89x
Hnis 2+36.1217.212.10x
Hnis 10+61.6934.411.79x
Application-wise Breakup
CategoryReservedAppliedTimes Sub.
Retail83,2891,23,2551.48x
Hnis(10l +)1,6433190.19x
Hnis (2-10l)8221,6211.97x
Bidding status cross-verified with live IPO subscription numbers ↗BSE & NSE Bidding Portal Feed

Vishal Nirmiti Limited IPO Live Subscription Status & Category Bidding Analysis (2026)

Track the live subscription status and investor bidding numbers for Vishal Nirmiti Limited (VNL) IPO. The issue opened for bidding across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Overall, the IPO has been subscribed 1.79x so far. Check real-time category quotas and live IPO subscription status ↗ across exchanges, or view grey market demand on our Vishal Nirmiti Limited GMP Page.

QIB CategoryLiveInstitutional
NII / HNI CategoryLiveNon-Institutional
Retail (RII)LiveRetail Investors
Total Subscription1.79xOverall Multiplier

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Cumulative Bidding Demand & Category Multipliers

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