Visaman Global Sales IPO GMP, Review, Price, Allotment

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Last updated on July 1, 2024

Visaman Global Sales IPO GMP

Visaman Global Sales IPO description – Visaman Global Sales specializes in supplying round pipes, square pipes, rectangle pipes, various specifications of structural steels, BGL coils, GP(GI) coils, HR coils, CR coils, color-coated coils, MS sheets, GP and GC sheets, CR sheets, HR sheets and plates, color-coated sheets, roofing PUF panels, wall PUF panels, and more. Further, the company also provides a credit facility to its existing customers as a value-added service.

Visaman Global Sales provides customization services to tailor its products to meet requirements such as size, length, breadth, and thickness. The company outsources modification and alteration processes to third parties and ensures on-site delivery of the products to customers. It is one of the dealers of APL Apollo Tubes Limited. As of 15 March 2024, the company has employed 41 personnel at its offices and stockyards.

Visaman Global Sales

Promoters of Visaman Global Sales – Mr. Mitulkumar Sureshchandra Vasa, Mr. Sureshchandra Gulabchand Vasa, Ms. Avni M. Vasa, Ms. Ilaben Sureshchandra Vasa and Mr. Kular Brijesh N.


Visaman Global Sales IPO Details

Visaman Global Sales IPO Dates24 – 26 Jun 2024
Visaman Global Sales Issue PriceINR 43 per share
Fresh issue37,32,000 shares (INR 16.05 crore)
Offer For SaleNIL
Total IPO size37,32,000 shares (INR 16.05 crore)
Minimum bid (lot size)3,000 shares (INR 1,29,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE Emerge

Visaman Global Sales Financial Performance

 FY 2021FY 2022FY 20239M FY 2024
Revenue136.36324.04376.03206.91
Expenses135.79322.80374.46205.68
Net income0.330.951.131.02
Figures in INR Crores unless specified otherwise

Visaman Global Sales Offer News


Visaman Global Sales Valuations & Margins

FY 2021FY 2022FY 2023
EPS0.421.201.12
PE ratio38.39
RONW (%)5.9214.3311.40
NAV7.188.389.86
ROCE (%)11.6213.2411.43
EBITDA (%)1.070.861.75
Debt/Equity 1.262.104.37
*Compiled by IPO Central from Prospectus

Visaman Global Sales IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
29 June 20241330,000
28 June 20241330,000
27 June 20241330,000
26 June 20241228,000
25 June 20241228,000
24 June 20244026,000

Visaman Global Sales IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered17,70,00017,70,00035,40,000
26 Jun 202428.2251.5439.88
25 Jun 20241.727.934.82
24 Jun 20240.271.721.00

The market maker reservation portion of 1,92,000 shares is not included in the above calculations.


Visaman Global Sales IPO Allotment Status

Visaman Global Sales IPO allotment status is now available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.


Visaman Global Sales IPO Dates & Listing Performance

IPO Opening Date24 June 2024
IPO Closing Date26 June 2024
Finalization of Basis of Allotment27 June 2024
Initiation of refunds28 June 2024
Transfer of shares to demat accounts28 June 2024
IPO Listing Date1 July 2024
Opening Price on NSE SMEINR 45.10 per share (up 4.88%)
Closing Price on NSE SMEINR 47.35 per share (up 10.12%)

Visaman Global Sales Offer Lead Manager

SHRENI SHARES LIMITED
Office No. 217, Hive 67 Icon, Poisar Gymkhana Road,
Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall,
Kandivali West, Mumbai-400067, Maharashtra
Phone: 022 2089 7022
Email[email protected]
Website: www.shreni.in


Visaman Global Sales Offer Registrar

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in


Visaman Global IPO Contact Details

VISAMAN GLOBAL SALES LIMITED
C/o., Jain Traders, 8, Sorathiawadi Near Narmada, 80
Feet Road, Rajkot- 360002, Gujarat, India
Phone: +91 90237 30627
E-mail: [email protected]
Website: : visamanglobalsales.com


IPO FAQs

What is the Visaman Global Sales offer size?

Visaman Global Sales offer size is INR 16.05 crores.

What is the Visaman Global Sales offer price band?

Visaman Global Sales’ public offer price is INR 43 per share.

What is the lot size of the Visaman Global Sales IPO?

Visaman Global Sales offers a lot size is 3,000 shares.

What is Visaman Global Sales IPO GMP today?

Visaman Global Sales IPO GMP today is INR 13 per share.

What is the Visaman Global Sales kostak rate today?

Visaman Global Sales kostak rate today is INR NA per application.

What is Visaman Global Sales Subject to the Sauda rate today?

Visaman Global Sales is Subject to the Sauda rate today is INR 30,000 per application.

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