By ThePip Desk

Vishal Nirmiti mainboard IPO listed on NSE on Oct 8 at ₹215, 2.27% below the issue price of ₹220. See day range and price band comparison in one place.

Last updated: Thu, Oct 8, 2026, 11:24 AM IST · mainboard IPO · NSE

  • Vishal Nirmiti shares listed at ₹215, 2.27% below the issue price of ₹220

  • Day range so far: ₹204.25 to ₹215

  • Last traded price: ₹204.25 (−7.16% versus the issue price)

  • Volume: 6,36,182 shares

  • Price band: ₹208 to ₹220 per share

The Vishal Nirmiti IPO listed on the NSE on Thu, Oct 8, 2026, at ₹215 per share. This was 2.27% below the issue price of ₹220. As of 11:24 AM IST on Thu, Oct 8, 2026, the shares traded between ₹204.25 and ₹215. The last traded price was ₹204.25, which is −7.16% versus the issue price.

Vishal Nirmiti Share Price on Listing Day

Listing day price data

Field

Value

Issue price

₹220

Listing price

₹215

Listing gain versus issue price

−2.27%

Day high

₹215

Day low

₹204.25

Last traded price

₹204.25

Volume (shares)

6,36,182

Exchange

NSE

Vishal Nirmiti Listing Price versus Price Band

Price band comparison

Price point

Price

Versus issue price

Price band, lower end

₹208

−5.45%

Price band, upper end

₹220

+0%

Issue price

₹220

—

Listing price

₹215

−2.27%

Day high

₹215

−2.27%

Day low

₹204.25

−7.16%

Last traded price

₹204.25

−7.16%

The shares listed at ₹215, which is within the price band of ₹208 to ₹220 per share. The issue price was set at ₹220. During the trading session, the price moved between a low of ₹204.25 and a high of ₹215.

About Vishal Nirmiti

Vishal Nirmiti Ltd. is a civil engineering, manufacturing and construction company. It manufactures Pre-Stressed Concrete sleepers for railways, alongside pre-cast and prestressed concrete products. The company also handles the fabrication and erection of Mild Steel Pipes, MS Liners, and Penstock pipes for Pumped Storage Projects. It provides engineering, procurement, infrastructure and construction services for railway infrastructure and civil engineering projects. The business operates across two segments: the manufacturing segment and the services segment, serving sectors including railways, renewable power and industrial infrastructure.

Offer details

Field

Value

IPO date

Wed, Sep 30, 2026 to Mon, Oct 5, 2026

Listing date

Thu, Oct 8, 2026

Face value

₹10 per share

Price band

₹208 to ₹220 per share

Lot size

68 shares

Total issue size

84,71,153 shares (₹186 crore)

Listing at

NSE & BSE

Lead managers

Saffron Capital Advisors Pvt Ltd

Registrar

MUFG Intime India Pvt Ltd.

Vishal Nirmiti Financial Highlights

Financial highlights, ₹ crore, latest year first

Metric

FY 2025-26

FY 2024-25

FY 2023-24

Revenue from operations (₹ crore)

3,386.77

3,185.16

2,428.82

Total income (₹ crore)

3,441.33

3,250.82

2,481.78

Profit after tax (₹ crore)

249.75

236.36

34.46

Net worth (₹ crore)

867.84

615.62

385.63

Total borrowings (₹ crore)

419.28

364.17

413.67

Revenue from operations grew from ₹2,428.82 crore in FY 2023-24 to ₹3,185.16 crore in FY 2024-25. Profit after tax increased from ₹34.46 crore in FY 2023-24 to ₹236.36 crore in FY 2024-25. By FY 2025-26, the company reported a debt-to-equity ratio of 0.48x.

What to Track Next

  • Where the shares trade against the issue price: the last traded price is ₹204.25, −7.16% versus ₹220.

  • How much trades: 6,36,182 shares have changed hands so far.

  • Company announcements and results are published on NSE.

This article is for information only and is not investment advice. Price and subscription figures are based on exchange data as of Thu, Oct 8, 2026, 11:24 AM IST and can change. IPO investments are subject to market risks; read the offer document carefully before investing.

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Vishal Nirmiti Share Price Listing: Lists at ₹215, 2.27% Below IPO Price

Vishal Nirmiti Share Price Listing: Lists at ₹215, 2.27% Below IPO Price