
Finance · 3 updates
Vishal Nirmiti Ltd, a civil engineering, manufacturing and construction company, has fixed a price band of Rs 208-220 per equity share for its initial public offering (IPO), which will open for subscription on September 30.The initial share-sale will close on October 5, according to the company's advertisement published on Saturday.The IPO comprises a fresh issue of up to 69.71 lakh equity shares, aggregating to Rs 145 crore at the upper end of the price band, and an offer for sale (OFS) of 15 lakh shares worth Rs 33 crore. The total issue size stands at Rs 178 crore at the upper price band.Pr