Visaman Global Sales Limited

Visaman Global Sales Limited

SMEClosed

₹1,29,000(3,000 Shares)

Minimum Investment

IPO Dates

Jun 24, 2024 – Jun 26, 2024

Price Band

₹43–43 per equity share

Lot Size

3000

Listing

Jul 1, 2024

Listing At

NSE SME

Jun 24, 2024Open DateCompleted
Jun 26, 2024Close DateCompleted
TBAAllotment DateUpcoming
Jul 1, 2024Listing DateCompleted

Visaman Global Sales Limited Live Subscription Details

All IPOs
Retail51.54x
QIB / NII28.22x

Overall Subscription

Total Bids Received

39.88x

Visaman Global Sales Limited IPO Issue Details

Issue Price
₹43 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
37,32,000 shares(aggregating up to ₹16.05 crore)
Listing At
NSE SME
Listing Date
Jul 1, 2024
Registrar
Link Intime India Private Ltd

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)13,000₹1,29,000
Retail (Max)13,000₹1,29,000
sHNI (Min)26,000₹2,58,000

Reservation Details

5.14%

Market Maker

1.92L

Company Information

Visaman Global Sales Limited was incorporated in June 2019 and is engaged in selling a large number of products that include round pipes, square pipes, rectangle pipes, various specifications of struc...

Valuations

EPS (Pre-IPO)

1.12

EPS (Post-IPO)

0.98

P/E (Pre-IPO)

38.25

P/E (Post-IPO)

43.84

RoNW

9.28%

PAT Margin

0.49%

P/B Value

3.96

Objectives of the Issue

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

Visaman Global Sales Limited – Promoter(s)

Mr. Mitulkumar Sureshch
ra Vasa
Mr. Sureshch
ra Gulabch
Vasa
Ms. Avni M. Vasa
Ms. Ilaben Sureshch
ra Vasa
Mr. Kular Brijesh N.

Contact Details

Corporate Office

C/o., Jain Traders, 8, Sorathiawadi, Near Narmada, 80 Feet Road, Rajkot- 360002

+91 90237 30627

cs@visamansales.com

Visit Website

Visaman Global Sales Limited Allotment & Registrar Details

Check Allotment

Link Intime India Private Ltd

+91-22-4918 6270

visamanglobal.smeipo@linkintime.co.in

Visit Registrar Website

Visaman Global Sales Limited IPO Documents

Frequently Asked Questions — Visaman Global Sales Limited IPO

The Visaman Global Sales Limited IPO price band is set at ₹43.00 to ₹43.00 per equity share.

The lot size for Visaman Global Sales Limited IPO is 3000 shares per lot. The minimum investment amount is approximately ₹1,29,000.

The Visaman Global Sales Limited IPO opens on Jun 24, 2024 and closes on Jun 26, 2024.

Visaman Global Sales Limited IPO is expected to be listed on Jul 1, 2024 on NSE SME.

The registrar for Visaman Global Sales Limited IPO is Link Intime India Private Ltd. You can contact them at visamanglobal.smeipo@linkintime.co.in.

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