Vishal Nirmiti Limited IPO

Company Name: Vishal Nirmiti Limited

Industry / Sector: Civil Engineering, Manufacturing & Construction / Railway Infrastructure

Founded Year: June 30, 1994 (formerly Sejal Farms Private Limited)

Promoters: Brij B Tapadiya, Ajay Bhagwandas Tapadiya, Pavan Vithaldas Tapadiya, Akhil Ranchod Tapadiya, Naveen Tapadiya, Rajendrakumar Badrinarayan Tapadiya, Suyash Vithaldas Tapadiya, Vedant Tapadiya, Keshav Tapadiya

Vishal Nirmiti Limited (formerly Sejal Farms Private Limited) is a civil engineering, manufacturing, and construction company primarily engaged in manufacturing and dealing of Pre-Stressed Concrete (PSC) sleepers for railways, pre-cast and pre-stressed concrete products, as well as fabrication and erection of Mild Steel (MS) pipes, liners, and penstock pipes for Pumped Storage Projects (PSPs). The company also provides engineering, procurement, and construction (EPC) services for railway infrastructure, irrigation, and civil engineering projects across sectors such as railways, renewable power, and industrial infrastructure. VNL has a pan-India presence with operational units across Maharashtra, Madhya Pradesh, Gujarat, Himachal Pradesh, Uttar Pradesh, Odisha, and Karnataka and is led by a highly experienced promoter group with over four decades of domain expertise. As of June 30, 2026, the Company employed 420 employees in various departments. The company holds RDSO vendor approval, a mandatory qualification for participating in Indian Railways tenders, and maintains ISO certifications across multiple units. Approximately 95.13% of FY2026 revenue was derived from repeat customers. As of June 2026, the company's order book stood at ₹581.77 crore.