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
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. The Company is engaged in the business of supply of round pipes, square pipes, rectangle pipes, various specification of structural steels, BGL coils, GP(GI) coils, HR coils, CR coils, colour coated coils, MS sheets, GP and GC sheets, CR sheets, HR sheets and plates, colour coated sheets, roofing PUF panel, wall PUF panel etc. Further, it also provide the credit facility to the existing customers as value added service. It outsource the process of modification and alteration to the third party. Additionally, it facilitate onsite delivery of products to the customers. The Company is one of the dealers of APL Apollo Tubes Limited.