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VISAMANSME / NSEListed
Visaman Global Sales

Visaman Global Sales Limited, established in June 2019, is a dynamic supplier of a wide range of steel and structural products, including round, square, and rectangle pipes, various structural steels, coils, sheets, plates, and roofing and wall PUF panels. An ISO 9001:2015 certified company, Visaman Global Sales focuses on customization to meet specific customer needs in terms of size and dimensions. With a well-placed stockyard in Gujarat and warehouses in both Gujarat and Madhya Pradesh, the company ensures seamless distribution and product availability. As of March 15, 2024, it operates with a dedicated team of 41 employees across its offices and stockyards, ensuring smooth and efficient operations.

₹43 - ₹4339.88x sub
Listed Price₹45.10
Listing Gain+4.88%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open24 Jun 2024
Close26 Jun 2024
Allotment27 Jun 2024
Listing01 Jul 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail17,70,000 shares
47.4%
Other17,70,000 shares
47.4%
Market Maker1,92,000 shares
5.14%
Total No. Of Shares 37,32,000 shares
100%

Minimum Application Lots

Retail1 Lot (3,000 shares)
₹1,29,000
HNI2 Lots (6,000 shares)
₹2,58,000

Company Promoters

Mr. Mitulkumar Sureshchandra VasaMr. Sureshchandra Gulabchand VasaMs. Avni M. VasaMs. Ilaben Sureshchandra Vasa Mr. Kular Brijesh N.

Company Background

Visaman Global Sales Limited, established in June 2019, is a dynamic supplier of a wide range of steel and structural products, including round, square, and rectangle pipes, various structural steels, coils, sheets, plates, and roofing and wall PUF panels. An ISO 9001:2015 certified company, Visaman Global Sales focuses on customization to meet specific cust...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-23)₹20691.39 Cr
Growth+51.7%
Revenue Trend (₹ in Crores)
0.014.4k28.8k43.2kMar-21Mar-22Mar-23Dec-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-2320,691.39101.618,001.695,690.85
Mar-2337,605.01113.335,863.954,345.69
Mar-2232,407.2994.663,982.421,386.10
Mar-2113,636.1933.472,727.20710.34

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Feb-24 1.019.28%8.02%38.2543.84
Mar-23 1.1213.70%11.43%00
Mar-221.215.44%13.24%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
27 Jun 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
01 Jul 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Visaman Global Sales. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization27 Jun 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date01 Jul 2024Trading commences on exchange

How to Check Visaman Global Sales Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Visaman Global Sales from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Visaman Global Sales IPO

Complete issue overview for Visaman Global Sales (VISAMAN) IPO. The issue features an equity share price band of ₹43 per share with a minimum retail lot size of 3000 Shares (minimum application amount of ₹1,29,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions