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Pune's Vishal Nirmiti gets SEBI nod to launch ₹125cr IPO
NewsBytes | April 10, 2026 9:40 PM CST

Vishal Nirmiti ₹504.1cr order book

Besides railway products, Vishal Nirmiti also builds precast concrete items and steel pipes used in pumped storage projects.
As of August 2025, it had a hefty order book of ₹504.1 crore.
Money raised from the IPO will help cover working capital, pay off debts, and fund other business needs.
Saffron Capital Advisors is managing the IPO process.


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