Visaman Global Sales Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

24 Jun 2024

Close Date

26 Jun 2024

Allotment

27 Jun 2024

Listing Date

01 Jul 2024

Exchange

NSE SME

Price Band

₹43

Listing Price

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Allotment Status

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Price Band

₹43

Per share

Face Value

₹10 per share

Lot Size

3,000 Shares

per lot

Issue Size

37,32,000 shares (aggregating up to ₹16.05 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹129,000

1 lot

Pre-IPO Holding

1,00,79,999 shares

Promoters

Post-IPO Holding

1,38,11,999 shares

Promoters

P/E (Pre)

38.25x

P/E (Post)

43.84x

EPS (Pre)

₹1.12

EPS (Post)

₹0.98

UPI Deadline

2024-06-26

Mandate

Anchor AllotmentSun, 23 Jun 2024

Basis of AllotmentThu, 27 Jun 2024

Refund InitiationFri, 28 Jun 2024

Demat CreditFri, 28 Jun 2024

Listing DayMon, 01 Jul 2024

UPI Mandate Deadline2024-06-26

Sale TypeFresh Capital

Net Offer to Public35,40,000 shares (aggregating up to ₹15.22 Cr)

Market Maker Quota1,92,000 shares (aggregating up to ₹0.8256 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Visaman Global Sales Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 26 Jun 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	192,000	—	₹0.83
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	3,732,000	100%	₹16.05

IPO Shares Offered

Visaman Global Sales Ltd. IPO total issue size: ₹16.05 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	192,000	₹0.83	5.14%
Total	3,732,000	₹16.05	100.00%

* Based on upper price band ₹43 per share

Lot Size & Investment

Lot Size

3,000

Shares per Lot

Issue Price

₹43.00

Upper Band

Min Investment

₹129,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	6,000	₹258,000
Retail (Max — 13 Lots)	13	39,000	₹1,677,000
S-HNI (Min — 14 Lots)	14	42,000	₹1,806,000
B-HNI (Min — 68 Lots)	68	204,000	₹8,772,000

* Issue Price ₹43 × Lot Size 3,000 shares

IPO Schedule

Anchor

23 Jun 2024

✓ Done

IPO Open

24 Jun 2024

✓ Done

IPO Close

26 Jun 2024

✓ Done

Allotment

27 Jun 2024

✓ Done

Refunds

28 Jun 2024

✓ Done

Demat Credit

28 Jun 2024

✓ Done

Listing Day

01 Jul 2024

✓ Done

₹43.00

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Issue ₹43.00 Live Price

About Visaman Global Sales Ltd.

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.

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.

Visaman Global Sales Ltd. Financials (Amount in ₹ Lakhs)

Revenue from Operations

₹32,407.3

31 Mar 2022

₹37,605.0

31 Mar 2023

₹20,691.4

31 Dec 2023

Profit After Tax (PAT)

₹94.7

31 Mar 2022

₹113.3

31 Mar 2023

₹101.6

31 Dec 2023

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
Borrowings	5690.85	4345.69	1386.10
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	0.49%	—	—

P/BV Ratio

3.96

RoE

9.28%

RoCE

8.02%

RoNW

9.28%

PAT Margin

0.49%

Debt/Equity

5.20

Issue Structure & Shareholding

Total Shares Offered37,32,000 (100.00%)

Net Offer to Public35,40,000 shares (aggregating up to ₹15.22 Cr)

Reserved for Market Maker1,92,000 shares (aggregating up to ₹0.8256 Cr)

Pre-Issue Promoter Holding1,00,79,999 shares

Post-Issue Promoter Holding1,38,11,999 shares

P/BV Ratio3.96

RoE9.28%

RoCE8.02%

Debt / Equity5.20

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd

+91-22-4918 6270

visamanglobal.smeipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

Check Allotment

Book Running Lead Managers

Shreni Shares Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Visaman Global Sales Ltd. IPO subscribed? ▲

Visaman Global Sales Ltd. IPO is subscribed 1.00 times by Jun 26, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Visaman Global Sales Ltd. IPO retail subscription status? ▼

The Visaman Global Sales Ltd. IPO retail category is subscribed 1.00 times as of 26 Jun 2024. The retail portion is oversubscribed.

How to subscribe Visaman Global Sales Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 24 Jun 2024 and closes 26 Jun 2024. Min investment: ₹129,000 (1 lot = 3,000 shares). UPI mandate: 2024-06-26.

How many times Visaman Global Sales Ltd. IPO subscribed? ▼

The Visaman Global Sales Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Visaman Global Sales Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 27 Jun 2024. Refunds: on 28 Jun 2024.

When Visaman Global Sales Ltd. IPO will be listed? ▼

The Visaman Global Sales Ltd. IPO listing date is 01 Jul 2024, Monday. Listed on: NSE SME. Issue price: ₹43. Estimated listing: ₹43. GMP: NIL.

When Visaman Global Sales Ltd. IPO close? ▼

The Visaman Global Sales Ltd. IPO closes on 26 Jun 2024, Wednesday. UPI mandate: 2024-06-26. Allotment: 27 Jun 2024. Listing: 01 Jul 2024.

Quick Actions

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Live Price LIVE

Last Price₹43.00

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Issue Price₹43.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹43

Face Value₹10

Lot Size3,000 Sh

Min. Amount₹129,000

GMPNIL

Est. Listing₹43

Subscribed1.00x

Open Date24 Jun 2024

Close Date26 Jun 2024

Allotment27 Jun 2024

Listing Date01 Jul 2024

ExchangeNSE SME

UPI Deadline2024-06-26