Vishal Nirmiti IPO: GMP, Subscription, Price Band & Allotment Date
Mainboard IPO · Listed
Vishal Nirmiti is a mainboard IPO that was open for bidding from 30 September 2026 to 5 October 2026. The price band is ₹208 to ₹220 per share, and the minimum application is one lot of 68 shares (₹14,960 at the top of the band). The issue size is ₹178 crore.
Vishal Nirmiti IPO GMP today
The last grey market premium before listing was ₹2 per share, which puts the estimated listing price at ₹222, a 0.9% premium to the upper price band. In the grey market it has been quoted between ₹2 and ₹20. GMP is an unofficial, unregulated quote — a sentiment reading, not a promise of the listing price.
Subscription status
The issue was subscribed 1.79 times overall. By category: qualified institutions (QIB) 1.33 times; non-institutional investors (NII) 1.89 times — bHNI 1.79 times, sHNI 2.10 times; retail investors 1.75 times.
Key dates
| Opens | 30 September 2026 |
|---|---|
| Closes | 5 October 2026 |
| Allotment | 6 October 2026 |
| Listing | 8 October 2026 |
Allotment status
The basis of allotment was fixed on 6 October 2026. You can check Vishal Nirmiti IPO allotment status for one or several PANs on our allotment page.
Listing
Vishal Nirmiti listed on 8 October 2026 at ₹215, a loss of 2.27% on the issue price of ₹220. The grey market had pointed to ₹222, so the listing fell short of the GMP estimate.
Live figures
The GMP, subscription and dates above come from the same record as our Vishal Nirmiti IPO page, which shows them live with the full subscription break-up and the prospectus. Nothing here is investment advice; see the disclaimer.