Contents
- 1 Table of Contents
- 2 Visaman Global Sales IPO Details
- 3 Visaman Global Sales IPO Date
- 4 Lot Size
- 5 Visaman Global Sales IPO GMP (Grey Market Premium)
- 6 Visaman Global Sales IPO Subscription Status
- 7 Visaman Global Sales IPO Allotment Status
- 8 Know About Company
- 9 Objects of the Issue
- 10 Promoters Holding
- 11 Visaman Global Sales Limited Financial Report
- 12 KPI Of Visaman Global Sales Limited
- 13 Peer Group
- 14 Visaman Global Sales Limited IPO Registrar
- 15 Visaman Global Sales Limited IPO Lead Manager
- 16 Visaman Global Sales Limited Contact
- 17 Visaman Global Sales Limited IPO Application Form PDF
- 18 FAQs
Visaman Global Sales IPO: Visaman Global Sales Limited IPO is open for subscription on June 24, 2024 and closes on June 26, 2024. The allotment for the IPO is expected on June 27, 2024. Visaman Global Sales IPO will be listed on NSE SME with a listing date fixed as July 01, 2024.
Visaman Global Sales IPO is a fixed price issue amounting to Rs 16.05 crores. The entire issue comprises a fresh offering of 37.32 lakh shares. The price band for the IPO is fixed at ₹43 per share.
Source from Visaman Global Sales IPO RHP
Table of Contents
Visaman Global Sales IPO Details
| Open Date | June 24, 2024 |
| Close Date | June 26, 2024 |
| Listing Date | July 01, 2024 |
| IPO Size | Aggregating up to ₹30.46 Cr. |
| Fresh Issue | 47.6 lakh shares |
| Face Value | ₹10 per share |
| IPO Price Band | ₹62 to ₹64 per share |
| IPO Listing on | NSE SME |
| Lot Size | 3000 Shares |
| OFS | NA |
| Share Offered to Retail | 35% |
| Share Offered to QBI | 50% |
| Share Offered to HNI | 15% |
Visaman Global Sales IPO Date
- IPO Open Date: June 24, 2024
- IPO Close Date: June 26, 2024
- Allotment: June 27, 2024
- Refunds: June 28, 2024
- Shares Credit to Demat: June 28, 2024
- Listing Date: July 01, 2024
Lot Size
| Application Type | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹129,000 |
| Retail (Max) | 1 | 3000 | ₹129,000 |
| HNI (Min) | 2 | 6000 | ₹258,000 |
Visaman Global Sales IPO GMP (Grey Market Premium)
If you want to know Visaman Global Sales IPO GMP (Grey Market Premium) then please visit our IPO GMP section and get daily updates on grey market premium. We update here all IPOs GMP.
Visaman Global Sales IPO Subscription Status
Visaman Global Sales IPO subscription starts on June 24, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
Visaman Global Sales IPO Allotment Status
To check Visaman Global Sales IPO allotment status go to the IPO registrar website ”Link Intime India Pvt Ltd” or go to IPO Allotment>>.
You can find here any IPO allotment status. Following some stapes.
- Go to the Link given above.
- Select the IPO Name
- Enter your PAN/ DP ID/ Application No
- Submit details and get the allotment status.
Know About Company
Visaman Global Sales Limited started in June 2019. We supply a wide range of products like pipes (round, square, rectangle), various types of structural steels, coils (BGL, GP, HR, CR, colour-coated), sheets (MS, GP, GC, CR, HR, colour-coated), plates, roofing PUF panels, and wall PUF panels.
Visaman Global Sales Limited customize products to fit specific customer needs for size and dimensions. The company is certified with ISO 9001:2015 for quality management.
Visaman Global Sales Limited have a stockyard in Gujarat and warehouses in both Gujarat and Madhya Pradesh.
Objects of the Issue
- Funding of capital expenditure requirements of our Company towards setting up of a manufacturing facility at
- Rajkot, Gujarat, India (“Proposed Facility”);
- Funding Working Capital Requirements of our Company; and
- General corporate purposes.
Promoters Holding
The company’s promoters are Mr. Mitulkumar Sureshchandra Vasa, Mr. Sureshchandra Gulabchand Vasa, Ms. Avni M. Vasa, Ms. Ilaben Sureshchandra Vasa, and Mr. Kular Brijesh N.
Before the issue, they held 100% of the shares. After the issue, their shareholding is 72.98%.
Visaman Global Sales Limited Financial Report
| Period Ended | 31 Dec 2023 (₹ Lakhs) | 31 Mar 2023 (₹ Lakhs) | 31 Mar 2022 (₹ Lakhs) | 31 Mar 2021 (₹ Lakhs) |
|---|---|---|---|---|
| Assets | 8,001.69 | 5,863.95 | 3,982.42 | 2,727.20 |
| Revenue | 20,691.39 | 37,605.01 | 32,407.29 | 13,636.19 |
| Profit After Tax | 101.61 | 113.33 | 94.66 | 33.47 |
| Net Worth | 1,095.31 | 993.70 | 660.38 | 565.72 |
| Total Borrowing | 5,690.85 | 4,345.69 | 1,386.10 | 710.34 |
KPI Of Visaman Global Sales Limited
| Key Financial Performance | Dec 31, 2023 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 |
|---|---|---|---|---|
| EBITDA (₹ Lakhs) | 573.36 | 657.83 | 279.30 | 145.96 |
| EBITDA Margin (%) | 2.77% | 1.75% | 0.86% | 1.07% |
| PAT (Profit After Tax) (₹ Lakhs) | 101.61 | 113.33 | 94.66 | 33.47 |
| PAT Margin (%) | 0.49% | 0.30% | 0.29% | 0.25% |
| Return on Equity (%) | 9.28%* | 13.70% | 15.44% | 9.01% |
| Debt to Equity Ratio (times) | 5.20 | 4.37 | 2.10 | 1.26 |
Peer Group
- Shree Marutinandan Tubes Limited
- Swastik Pipe Limited
- Hi-Tech Pipes Limited
Visaman Global Sales Limited IPO Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 247 Park, L B S Marg, Vikhroli (West),
Mumbai – 400 083, Maharashtra, India
Tel: +91 8108114949
E-mail: visamanglobal.smeipo@linkintime.co.in
Investor grievance e-mail: visamanglobal.smeipo@linkintime.co.in
Website: www.linkintime.co.in
Visaman Global Sales Limited IPO Lead Manager
SHRENI SHARES LIMITED
(Formerly Known as Shreni Shares Private Limited)
Office No. 217, Hive 67 Icon, Poisar Gymkhana Road Lokmanya Tilak Nagar
Poisar, Near Raghuleela Mall, Kandivali West, Mumbai – 400067, Maharashtra,
India
Telephone: 022 – 2089 7022
E-mail: shrenishares@gmail.com
Website: www.shreni.in
Visaman Global Sales Limited Contact
Visaman Global Sales Limited
C/o., Jain Traders, 8, Sorathiawadi
Near Narmada, 80 Feet Road,
Rajkot- 360002
Phone: +91 90237 30627
Email: cs@visamansales.com
Website: https://visamanglobalsales.com/
Visaman Global Sales Limited IPO Application Form PDF
To download the Visaman Global Sales Limited IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
FAQs
What is the IPO size of Visaman Global Sales Limited?
The IPO size is aggregating up to ₹30.46 crores. This includes a fresh issue of 47.6 lakh shares.
What is the price band for Visaman Global Sales Limited IPO?
The price band for the IPO is ₹62 to ₹64 per share.
When does the Visaman Global Sales Limited IPO open and close?
The IPO opens for subscription on June 24, 2024, and closes on June 26, 2024.
What are the financial highlights of Visaman Global Sales Limited?
For the latest period ending December 31, 2023, the company reported revenue of ₹20,690.95 lakhs and a PAT (Profit After Tax) of ₹101.61 lakhs. The company’s EBITDA for the same period was ₹573.36 lakhs, with an EBITDA margin of 2.77%.
