31 Dec 2025 | 3 Mins Read
Vishal Nirmiti files IPO papers for Rs 125 crore
Flipitmoney
Pune-based Vishal Nirmiti has filed draft papers with SEBI to raise Rs 125 crore through an IPO. The company plans to use Rs 65 crore for working capital, Rs 20 crore to repay loans and Rs 40 crore for general corporate purposes. Incorporated in 1994, it reported a 31.1% rise in revenue to Rs 318.5 crore in FY25.