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Vishal Nirmiti IPO IPO

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✦ AI Insight

Restated Financials (₹ Cr.)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets326.49296.61242.04224.50
Total Income136.75324.86247.93270.58
Profit After Tax8.4123.643.453.01
EBITDA21.6746.4823.1423.36
NET Worth69.5361.1238.1234.56
Reserves and Surplus50.1759.7636.763.32
Total Borrowing85.3888.0591.7582.15
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Om Power Transmission Ltd.Mainboard₹150.06 Cr₹17521.13₹193.38+10.50%₹169.20 (+2.27%)
Solarworld Energy Solutions Ltd.Mainboard₹490.00 Cr₹35133.77₹323.50-7.83%₹201.93 (+1.41%)
GK Energy Ltd.Mainboard₹464.26 Cr₹15320.29₹167.74+9.63%₹136.14 (+0.11%)
Vikran Engineering Ltd.Mainboard₹772.00 Cr₹9722.88₹95.71-1.33%₹71.43 (-0.74%)
M&B Engineering Ltd.Mainboard₹650.00 Cr₹38524.98₹408.65+6.14%₹296.30 (+1.42%)
Leapfrog Engineering Services Ltd.SME₹88.51 Cr₹2315.19₹23.10+0.43%₹22.23 (-0.04%)
Safety Controls & Devices Ltd.SME₹48.00 Cr₹8012.3₹78.99-1.26%₹69.40 (+0.95%)
Srinibas Pradhan Constructions Ltd.SME₹20.32 Cr₹989.15₹104.40+6.53%₹126.00 (-4.55%)
GRE Renew Enertech Ltd.SME₹39.56 Cr₹10515.72₹91.20-13.14%₹184.30 (-5.00%)
E to E Transportation Infrastructure Ltd.SME₹84.22 Cr₹17415.44₹327.80+88.39%₹262.05 (+3.15%)
Valplast Technologies Ltd.SME₹28.09 Cr₹5412.75₹58.63+8.57%₹39.55 (+1.28%)
Chiraharit Ltd.SME₹31.07 Cr₹2113.95₹15.96-24.00%₹8.02 (-0.99%)
Telge Projects Ltd.SME₹27.24 Cr₹10514.04₹110.45+5.19%₹164.75 (-2.92%)
Karbonsteel Engineering Ltd.SME₹59.30 Cr₹15912.47₹194.35+22.23%₹106.00 (+0.95%)
Goel Construction Co.Ltd.SME₹100.10 Cr₹2637.8₹317.60+20.76%₹440.00 (-0.45%)
Oval Projects Engineering Ltd.SME₹46.74 Cr₹8513.91₹85.05+0.06%₹53.00 (-1.85%)
Current Infraprojects Ltd.SME₹41.80 Cr₹8011.78₹152.75+90.94%₹104.00 (-0.95%)
Mahendra Realtors & Infrastructure Ltd.SME₹49.45 Cr₹859.94₹64.60-24.00%₹69.60 (-0.71%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding Working Capital Requirements65.00
2Repayment and/ or pre-payment, in part or full of term loans20.00
3General Corporate Purposes

About Vishal Nirmiti IPO

Incorporated in 1994, Vishal Nirmiti Limited (formerly Sejal Farms Private Limited) is a civil engineering, manufacturing, and construction company primarily engaged in manufacturing and dealing of Pre-Stressed Concrete (PSC) sleepers for railways, pre-cast and pre-stressed concrete products, as well as fabrication and erection of Mild Steel (MS) pipes, liners, and penstock pipes for Pumped Storage Projects (PSPs). The company also provides engineering, procurement, and construction (EPC) services for railway infrastructure, irrigation, and civil engineering projects across sectors such as railways, renewable power, and industrial infrastructure. Business Segments: Manufacturing segment: Includes PSC sleeper manufacturing for Indian Railways, DFCCIL, and private clients, as well as MS pipes, MS liners, and penstock pipes for hydro power, lift irrigation, water supply, and infrastructure projects. Services segment: Covers job work contracts for MS pipes, liners, penstock pipes, pre-cast and pre-stressed elements (such as noise barriers and cable ducts), hydro-mechanical structures, as well as construction works, power generation through windmills, transportation, leasing, and sale o

Contact Details

Vishal Nirmiti Ltd. Address303, 17 Elphinstone House,Marzban Road, New Empire Cinema,FortMumbai, Maharashtra, 400001+91 20 27299915ipo@vishalnirmiti.comVisit Website