Visaman Global Sales Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,770,000 (47%) | — | ₹761 Cr |
| Retail | — | 1,770,000 (47%) | — | ₹761 Cr |
| Market Maker | — | 192,000 (5%) | — | ₹8 Cr |
| Σ Total | — | 3,732,000 (100%) | — | ₹16,048 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹129,000 |
| Retail (Max) | 13 | 39,000 | ₹1,677,000 |
| S-HNI (Min) | 14 | 42,000 | ₹1,806,000 |
| B-HNI (Min) | 67 | 201,000 | ₹8,643,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 20,691 | 37,605 | 32,407 |
| Profit After Tax | 102 | 113 | 95 |
| Net Worth | 1,095 | 994 | 660 |
| Total Assets | 8,002 | 5,864 | 3,982 |
| Reserves & Surplus | 395 | 294 | 180 |
| Total Borrowing | 5,691 | 4,346 | 1,386 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding of capital expenditure requirements of the Company towards setting up of a manufacturing facility at Rajkot, Gujarat, India –
- Funding Working Capital Requirements of the company; and –
- General corporate purposes. –
Company Overview
ncorporated in June 2019, Visaman Global Sales Limited supplies a wide range of products, including 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 panel, and wall PUF panel.
The company offers customization to meet specific customer requirements for product size and dimensions.
The company is an ISO 9001:2015 certified organization.
The company has a stockyard in Gujarat and warehouses in both Gujarat and Madhya Pradesh.
As of March 15, 2024, the company has 41 staff members working at its offices and stock yards.