Visaman Global Sales Ltd IPO
Price Range
₹43
-
Min. Quantity
3,000 Shares
Closes on
26 June 2024
-
Min. investment
₹1,29,000
Visaman Global Sales Ltd IPO Timeline
| Event | Date |
|---|---|
| Visaman Global Sales Ltd IPO Opening Date | 24 June 2024 |
| Visaman Global Sales Ltd IPO Closing Date | 26 June 2024 |
| Basis of Allotment | 27 June 2024 |
| Initiation of Refunds | 28 June 2024 |
| Credit of Shares to Demat | 28 June 2024 |
| Visaman Global Sales Ltd IPO Listing Date | 1 July 2024 |
Visaman Global Sales Ltd IPO Details
| Visaman Global Sales Ltd IPO Date | 24 June 2024 to 26 June 2024 |
| Visaman Global Sales Ltd IPO Face Value | ₹10 per share |
| Visaman Global Sales Ltd IPO Price | ₹43 to ₹0 per share |
| Visaman Global Sales Ltd IPO Lot Size | 3,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹16.05 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹16.05 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Mitulkumar Sureshchandra Vasa, Sureshchandra Gulabchand Vasa, Avni M Vasa |
Visaman Global Sales Ltd IPO Lot Size
The Visaman Global Sales Ltd IPO lot size is 3,000 shares. A retail-individual investor can apply for up to 1 lots (3,000 shares or ₹1,29,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3,000 | ₹1,29,000 |
| Maximum | 1 | 3,000 | ₹1,29,000 |
- Strengths
- Risks
- Opportunities
- Strong Customer Base.
- Strong Customer Base.
- Leveraging the experience of its Promoters and Management Team.
- Comprehensive solution for logistics requirement.
- Existing Supplier Relationship.
- Location Advantage.
- ISO Certified Organization.
- In depth understanding of customers' requirements.
Company Financials
Visaman Global Sales Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 99.43 | 266.72 | 2.14 |
| 03-2024 | 71.69 | 307.97 | 1.31 |
| 03-2023 | 59.18 | 407.69 | 1.24 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of capital expenditure requirements of the company towards setting up of a mfg facility at
- Funding working capital requirements of the company
- General corporate purposes
Visaman Global Sales Ltd IPO Promoter Holding
| Pre Issue Share Holding | 36% |
| Post Issue Share Holding | 26.27% |
Visaman Global Sales Ltd IPO Subscription Status (Bidding Detail)
The Visaman Global Sales Ltd IPO is subscribed 38 times on 26 June 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 38 |
Visaman Global Sales Ltd IPO Prospectus
Visaman Global Sales Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0BHK01012 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
Visaman Global Sales Ltd
C/o. Jain Traders 8 Sorathiaw.Near Narmada 80 Feet Road,Rajkot-360002
Phone: +91 90237 30627
Email: cs@visamansales.com
Website: https://visamanglobalsales.com
C/o. Jain Traders 8 Sorathiaw.Near Narmada 80 Feet Road,Rajkot-360002
Phone: +91 90237 30627
Email: cs@visamansales.com
Website: https://visamanglobalsales.com
Visaman Global Sales Ltd IPO Registrar
Visaman Global Sales Ltd IPO Lead Manager(s)
- Shreni Shares Ltd
How to Check the Allotment Status of Visaman Global Sales Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Visaman Global Sales Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Visaman Global Sales Ltd IPO
Visaman Global Sales Limited was originally incorporated on June 27, 2019 with the Registrar of Companies, Central Registration Centre.
FAQ
What is the issue size of Visaman Global Sales Ltd IPO?
Visaman Global Sales Ltd IPO, which opens for subscription from to 26 June 2024 has an issue size of ₹16.05 crore. The issue type is book building issue.
I have pre-applied for Visaman Global Sales Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.
What are the open and close dates for Visaman Global Sales Ltd IPO?
Visaman Global Sales Ltd IPO Opens for subscription from 24 June 2024 to 26 June 2024
What is the lot size and minimum order quantity of the Visaman Global Sales Ltd IPO?
The lot size of Visaman Global Sales Ltd is 3,000 shares. Retail investors can subscribe to minimum 1 lot and maximum 1 lots. The minimum and maximum application value is ₹1,29,000 and ₹1,29,000 respectively.
What are the allotment dates for the Visaman Global Sales Ltd IPO?
Allotment date for Visaman Global Sales Ltd is 27 June 2024 and refund of application amount (in case allotment is not received) will begin from 28 June 2024. If your allotment goes through, then shares will be credited in your Demat account by 28 June 2024.
Who is the registrar of Visaman Global Sales Ltd IPO?
The registrar for Visaman Global Sales Ltd IPO is MUFG Intime India Pvt Ltd. You can check your IPO allotment status on the registrar's website.
Where is the Visaman Global Sales Ltd IPO getting listed?
The shares of Visaman Global Sales Ltd are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)