Visaman Global Sales Ltd
Price Range
₹43
Min. Quantity
3,000
Closes on
26 June 2024
Min. investment
₹1,29,000/3,000 Shares
Visaman Global Sales Ltd IPO Timeline
Visaman Global Sales Limited was originally incorporated on June 27, 2019 with the Registrar of Companies, Central Registration Centre.
| Event | Date |
|---|---|
| Visaman Global Sales Ltd IPO Opening Date | 24 June 2024 |
| Visaman Global Sales Ltd IPO Closing Date | 26 June 2024 |
| Basis of Allotment | 27 June 2024 |
| Initiation of Refunds | 28 June 2024 |
| Credit of Shares to Demat | 28 June 2024 |
| Visaman Global Sales Ltd IPO Listing Date | 1 July 2024 |
Visaman Global Sales Ltd IPO Details
| Visaman Global Sales Ltd IPO Date | 24 June 2024 to 26 June 2024 |
| Visaman Global Sales Ltd IPO Face Value | ₹10 per share |
| Visaman Global Sales Ltd IPO Price | ₹43 to ₹0 per share |
| Visaman Global Sales Ltd IPO Lot Size | 3,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹16.05 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹16.05 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Mitulkumar Sureshchandra Vasa, Sureshchandra Gulabchand Vasa, Avni M Vasa |
Visaman Global Sales Ltd IPO Lot Size
The Visaman Global Sales Ltd IPO lot size is 3,000 shares. A retail-individual investor can apply for up to 1 lots (3,000 shares or ₹1,29,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3,000 | ₹1,29,000 |
| Maximum | 1 | 3,000 | ₹1,29,000 |
- Strengths
- Risks
- Opportunities
- Strong Customer Base.
- Strong Customer Base.
- Leveraging the experience of its Promoters and Management Team.
- Comprehensive solution for logistics requirement.
- Existing Supplier Relationship.
- Location Advantage.
- ISO Certified Organization.
- In depth understanding of customers' requirements.
Company Financials
Visaman Global Sales Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 71.69 | 307.97 | 1.31 |
| 03-2023 | 59.18 | 407.69 | 1.24 |
| 03-2022 | 39.82 | 324.07 | 0.95 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding of capital expenditure requirements of the company towards setting up of a mfg facility at
- Funding working capital requirements of the company
- General corporate purposes
Visaman Global Sales Ltd IPO Promoter Holding
| Pre Issue Share Holding | 36% |
| Post Issue Share Holding | 26.27% |
Visaman Global Sales Ltd IPO Subscription Status (Bidding Detail)
The Visaman Global Sales Ltd IPO is subscribed 38 times on 26 June 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 38 |
Visaman Global Sales Ltd IPO Prospectus
Visaman Global Sales Ltd IPO Listing Date
| Listing Date | 1 July 2024 |
| BSE Script | 75628 |
| NSE Symbol | VISAMAN |
| Listing In | NSE - SME |
| ISIN | INE0BHK01012 |
| IPO Price | ₹43 |
| Face Value | ₹10 |
Company Contact Information
C/o. Jain Traders 8 Sorathiaw.Near Narmada 80 Feet Road,Rajkot-360002
Phone: +91 90237 30627
Email: cs@visamansales.com
Website: https://visamanglobalsales.com
Visaman Global Sales Ltd IPO Registrar
Visaman Global Sales Ltd IPO Lead Manager(s)
- Shreni Shares Ltd
FAQ
What is the issue size of Visaman Global Sales Ltd IPO?
I have pre-applied for Visaman Global Sales Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.