Issue Price
₹43
Per Share
GMP
NIL
Grey Market
Est. Listing
₹43
Expected Price
Min. Application
₹258,000
2 lots × 3000 shares
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.
Visaman Global Sales Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 192,000 | — | ₹0.83 Cr | — |
| TOTAL | 3,732,000 | 100.00% | ₹16.05 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹129,000 |
| Retail (Max) | 13 | 39,000 | ₹1,677,000 |
| sNII (Min) | 14 | 42,000 | ₹1,806,000 |
| bNII (Min) | 68 | 204,000 | ₹8,772,000 |
| Particulars | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue from Operations | 20691.39 | 37605.01 | 32407.29 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 101.61 | 113.33 | 94.66 |
| Net Worth | 1095.31 | 993.70 | 660.38 |
| Total Assets | 8001.69 | 5863.95 | 3982.42 |
| Reserves & Surplus | 395.31 | 293.70 | 180.38 |
| Total Borrowings | 5690.85 | 4345.69 | 1386.10 |