Visaman Global Sales Details
| IPO Size | 16.05 |
| Price Range | ₹43 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 3000 |
| Investment (cut-off price) | ₹129,000 |
| Pre IPO Promotor Holding | 100.00% |
| Post IPO Promotor Holding | 72.98% |
| DHRP Draft | Click Here |
| RHP Draft | |
| Anchor Investors List | Click Here |
Visaman Global Sales Timelines
24/06/2024
Start Date26/06/2024
End Date28/06/2024
Refund Initiation28/06/2024
Credit of Shares to Demat Ac01/07/2024
Listing DateVisaman Global Sales Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3000 | ₹129,000 |
| Retail Maximum | 1 | 3000 | ₹129,000 |
| S-HNI Minimum | 2 | 6000 | ₹258,000 |
Visaman Global Sales Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 28.23 x | 51.57 x | -- | 39.90 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹45.10 | ₹47.35 | ₹47.35 | ₹45.10 |
Visaman Global Sales Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | ₹136.36 | ₹135.79 | ₹0.33 |
| FY 2022 | ₹324.07 | ₹322.80 | ₹0.95 |
| FY 2023 | ₹376.05 | ₹374.46 | ₹1.13 |
| FY 2024 (9M) | ₹206.91 | ₹205.68 | ₹1.02 |
About Company
Visaman Global Sales Limited, incorporated in June 2019, specialises in supplying a diverse range of products, including round pipes, square pipes, rectangle pipes, 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, and wall PUF panels.
The company offers credit facilities to existing customers with good financial records and provides customisation services for specific sizes and dimensions, ensuring tailored solutions for various industrial needs.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2019 | Trading | Dr. Mitul Vasa |
Know Before Investing
Visaman Global Sales Strengths
- The company has strong customer and supplier bases.
- It offers a wide range of our products.
- It offers comprehensive solutions for logistics requirements.
- It is an ISO 9001:2015 certified organization.
- The company has an in-depth understanding of customers’ requirements.
- Experienced promoters and management team.
Visaman Global Sales Risks
- The demand and pricing in the steel industry are volatile which can impact the company’s profitability.
- The major source of revenue is generated from Gujarat.
- Pipes contribute significantly to the revenue of the company.
- The business is a High Volume-Low Margin.
- It has significant working capital requirements.
- It has reported negative cash flow in the past.
Swot Analysis for Visaman Global Sales
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
Company Details
Visaman Global Sales Limited
C/o., Jain Traders, 8, Sorathiawadi
Near Narmada, 80 Feet Road,
Rajkot- 360002
Phone: +91 90237 30627
Email: [email protected]
Website: https://visamanglobalsales.com/
IPO Registar Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
FAQs
The key objectives of Visaman Global Sales IPO are:
- To fund the working capital requirement.
- To fund the working expenditure requirement for setting up a manufacturing facility at Rajkot, Gujarat
- General corporate purposes.