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Vishal Nirmiti IPO gets Sebi nod fresh issue and offer for sale underway

Business
Published on 24 April 2026
Vishal Nirmiti IPO gets Sebi nod fresh issue and offer for sale underway

Sebi approval paves the way for fresh funds

Vishal Nirmiti has received Securities and Exchange Board of India approval for its initial public offering, including a mix of a fresh issue and an offer for sale. The company plans to use IPO proceeds to strengthen working capital, reduce debt, and fund growth across its railway and EPC infrastructure segments.

  • Sebi approval secured for Vishal Nirmiti IPO
  • IPO includes fresh issue plus offer for sale
  • Funds targeted for working capital and debt reduction
  • Growth support across railway and EPC segments
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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