Vishal Nirmiti Ltd. is preparing to launch its IPO on September 30. The issue has a price band of Rs.208–220 per share and an issue size of around Rs.178 crore. The bidding period will run until October 5.
The company operates in manufacturing activities including prestressed concrete sleepers and mild-steel pipes. The minimum application size is 68 shares, requiring Rs.14,960 at the upper price band. The shares are proposed to list on NSE.
