Visaman Global IPO

Visaman Global Sales Ltd

₹1,29,000 /3000 sharesMinimum Investment

Visaman Global IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹43.00₹45.10₹2.10 (4.88%)

Visaman Global IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
24 Jun ‘24 - 26 Jun ‘24₹1,29,0003,000₹43 - ₹43
Issue SizeIPO Doc
16.05Cr
RHP PDF

About the company

Visaman Global Sales, established on June 27, 2019, is a supplier of pipes, including round, square, and rectangular types. The company also deals in structural steels, BGL coils, GP (GI) coils, HR coils, CR coils, colour-coated coils, and various sheets such as MS, GP, GC, CR, and HR. Its product range extends to colour-coated sheets, roofing PUF panels, and wall PUF panels. The company offers credit facilities to its regular customers as a value-added service. It also customises these products according to the customer’s needs and delivers the finished products onsite for customer convenience. The company is a dealer for APL Apollo Tubes Limited.;
Founded in
2019
Managing director
Mr. Mitulkumar Sureshchandra Vasa
Parent organisation
Visaman Global Sales Ltd

Strength and risks

Strengths
Risks
Visaman Global Sales has shown consistent growth in revenue from operations over the past years. It registered Rs 136.36 crore in revenue from operations in 2021, which rose to Rs 324.04 crore in 2022 and Rs 376.03 crore in 2023. Profit after tax too, climbed steadily over this period. It rose from Rs 0.33 crore in FY21 to Rs 0.95 crore in FY22 and Rs 1.13 crore in FY23.
Visaman Global Sales offers a diverse range of steel products for various industries.
The company holds ISO 9001:2015 certification for Quality Management Systems.
To remain cost-effective, Visaman Global Sales has strategically located stockyards and godowns in Gujarat and Madhya Pradesh, which are well connected by roads with the rest of the country.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular43 - 43₹2 Lakh
High Networth Individual43 - 43₹2 - 5 Lakh
For Visaman Global IPO, eligible investors can apply as Regular.
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