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The Economic Times

Kumar Gaurav

Vishal Nirmiti IPO Day 3: GMP at 9%; Check subscription, key details and analyst view

IPO GMP Kumar Gaurav Anand Rathi PSC SEBI

The three-day subscription window for the initial public offering (IPO) of Vishal Nirmiti is set to close today. The Rs 178-crore public issue, which opened for subscription on September 30, 2026, comprises a fresh issue and an offer for sale (OFS).

In the grey market, the IPO is currently commanding a premium of Rs 20, or 9.09%, over the upper end of its price band, indicating expectations of a premium listing.

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