IPO

Visaman Global Sales Ltd. IPO

Visaman Global Sales Ltd., established in 2019, operates in the Trading & Distributors sector. The company's IPO opened on June 24, 2024 and closed on June 26, 2024, with an issue price of ₹43. The ... Read more

Min Investment
₹ 1,29,000 / 3000 shares
Price Range
₹43
Bidding Dates
24 Jun '24 - 26 Jun '24
Total Issue Value
8.44 Cr
Lot Size
3,000
Total Issue Size
8.44 Cr
Listing At
NSE SME
Subscription
39.88 times
NSE Price
42.95 (-0.12%)

IPO Timeline

  • 24 Jun 2024
    Bidding Starts
  • 26 Jun 2024
    Bidding Ends
  • 27 Jun 2024
    Allotment Finalization
  • 1 Jul 2024
    Listing

About Visaman Global Sales Ltd.

Our 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 ... Read more

Parent organisation
Founded
Visaman Global Sales Ltd.
2019

Visaman Global Sales Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 1,92,000 (9.79%)
Non Institutional Investors 17,70,000 (90.21%)
Retail Individual Investors (RIIs) 17,70,000 (90.21%)

Visaman Global Sales Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 307.97 Cr 1.31 Cr 1.37 Cr
31 Mar 2023 376.05 Cr 1.13 Cr 2.94 Cr
31 Mar 2022 324.07 Cr 94.66 Lakh 1.80 Cr

Visaman Global Sales Ltd. Background

Our Company was originally incorporated on June 27, 2019 under the name “Visaman Global Sales Limited” under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. The Corporate Identification Number of our Company is ...

Read more

Major Events And Milestones
  • 2019
    Incorporation of our company under the name “Visaman Global Sales Limited”
  • 2021
    Awarded with the International Business Leadership Awards, India 5000 Women Achiever Awards, Indian Achievers Award for young Entrepreneur, Brand Impact Award and India 5000 Best MSME Awards
  • 2022
    Awarded with Fastest Growing Indian Company Excellence Award and Leading Emerging Entrepreneur Award
    Registration of our logo “VISAMAN”
  • 2024
    ISO 9001: 2015 for our Quality Management System
Visaman Global Sales Ltd. Object of Issues

1. Funding of capital expenditure requirements of our Company towards setting up of a manufacturing facility at Rajkot, Gujarat, India
2. Funding Working Capital Requirements of our Company
3. General corporate purposes

Visaman Global Sales Ltd. IPO Listing Details
Listing Date
1 Jul 2024
NSE Symbol
VISAMAN
ISIN
INE0BHK01012
Final Issue Price
₹ 43
Visaman Global Sales Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 43.00
Open - ₹ 45.10
Low - ₹ 45.10
High - ₹ 47.35
Last Trade - ₹ 47.35
Visaman Global Sales Ltd. Company Promoters

1. Mr. Mitulkumar Sureshchandra Vasa
2. Mr. Sureshchandra Gulabchand Vasa
3. Ms. Avni M. Vasa
4. Ms. Ilaben Sureshchandra
5. Mr. Kular Brijesh N

Industry Overview

We operate in Steel Industry

Visaman Global Sales Ltd. Contact Details
Address: C/o.,Jain Traders, 8, Sorathiawadi Near Narmada, 80 Feet Road, Rajkot Gujarat - 360002
Phone no:9023730627
9023730627
|
Visaman Global Sales Ltd. IPO Registrar
Link intime India Pvt. Ltd.
C-101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai Maharashtra - 400083
49186200
Visaman Global Sales Ltd. IPO Lead Manager(s)
Shreni Shares Ltd.
No. 217, Hive 67 Icon, Poisar Gymkhana Road, Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall, Kandivali West, Mumbai Maharashtra - 400067
20897022

FAQs

When does Visaman Global Sales Ltd. IPO opens and closes?

Visaman Global Sales Ltd. IPO opens from 24th June to 26th June 2024.

What is the size of Visaman Global Sales Ltd. IPO?

The size of the Visaman Global Sales Ltd. IPO is ₹8.44 Cr.

What is the minimum investment and lot size required for the Visaman Global Sales Ltd. IPO?

The minimum investment required is ₹1,29,000 and minimum lot size is 3000 shares.

When is Visaman Global Sales Ltd. IPO listing date?

The Visaman Global Sales Ltd. IPO will be listed on 1st July 2024.

What is the objective of Visaman Global Sales Ltd. IPO?

1. Funding of capital expenditure requirements of our Company towards setting up of a manufacturing facility at Rajkot, Gujarat, India
2. Funding Working Capital Requirements of our Company
3. General corporate purposes

Latest Updates

Visaman Global Sales IPO: Issue Listed At 5% Premium On NSE SME

Visaman Global Sales Limited Visaman Global Sales Limited is set to debut on the NSE SME on July 1, 2024. This company, engaged in the export and import of various goods, is looking to expand its business operations through the funds raised from its IPO.

3 July 2024

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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