247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Visaman Global Sales Limited IPO (Visaman Global Sales IPO) Details

Visaman Global Sales Limited is an Metal based company, located in Rajkot, Visaman Global Sales Limited IPO size was 16.05 Cr. and was issued at 43.00 per share. The share of Visaman Global Sales Limited were listed at 47.35 per share and are currently trading at 43.00 per share.

Type :
Sub Sector : Trading In Pipes/sheets/coils Of Various Metals
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
275.88 Cr.

PAT :
1.34 Cr.

Pricing Report

Issue Price :
43.00

Listing Price :
47.35

Current Market Price :
43.00

Issue Price vs CMP :
0 (0.00%)

listing Price vs CMP :
4.35 (9.19%)

Performance Report (CAGR* wise)

CAGR : 0
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Visaman Global Sales

Company Information
Visaman Global Sales Limited is engaged in supplying a wide range of steel products, including round pipes, square pipes, rectangular pipes, structural steels, BGL coils, GI (GP) 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 panels, and wall PUF panels. Additionally, the company offers credit facilities to existing customers as a value-added service and provides customization options to meet specific customer requirements. Modifications and alterations are outsourced to third parties, and onsite delivery of products is facilitated. As one of the dealers of APL Apollo Tubes Limited, the company operates through a diversified sales and distribution model, including Business-to-Consumer (B2C), Business-to-Channel (B2CH), and Business-to-Business (B2B) strategies. The company focuses on
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Object of 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
  • General corporate purposes

Visaman Global Sales SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Jul, 2024
IPO Size :
16.05 Cr.
Market Cap :
59.39 Cr.   
IPO Subscription :
42.20 X     
PE Multiple :
43.84
Merchant Banker :
Shreni Shares Limited
IPO Registrar:
Link Intime India Private Limited
Anchor Investors:

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FAQs

Visaman Global Sales operates in Metal and Trading In Pipes/sheets/coils Of Various Metals. The Issue is listed on NSE EMERGE in Jul, 2024. Visaman Global Sales IPO size was 16.05 Cr. with Issue price of 43.00 .

Visaman Global Sales IPO subscription was 42.20 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Visaman Global Sales IPO listed at a listing price of 47.35 against the offer price of 43.00.

The current market price of Visaman Global Sales is 43.00.

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