31 Mar 2021
Assets27.27
Total Income136.36
Profit After Tax0.33
NET Worth5.66
Reserves and Surplus0.86
Total Borrowing7.10
At a glance
Updated 2026-09-13The shares listed at ₹45.10, a 4.88% move from the issue price. Visaman Global Sales is a SME IPO with an issue size of ₹16.05 crore, proposed for listing on NSE SME. The offer opens on 24th Jun 2024 and closes on 26th Jun 2024. The issue structure includes a fresh issue of ₹15.22 crore. The current listing schedule points to 1st Jul 2024.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹16.05 Cr
Fresh issue₹15.22 Cr
Face value₹10
Price band—–—
Allotment27th Jun 2024
Listing1st Jul 2024
Listing performance
Full performance ↗Issue price₹43.00
Listing price₹45.10
Current price—
Listing gain4.88%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹5.00
GMP / upper priceNO DATA
Est. listing₹48.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens24th Jun 2024
Closes26th Jun 2024
Allotment27th Jun 2024
Refund28th Jun 2024
Demat28th Jun 2024
Listing1st Jul 2024
Subscription demand
Full bidding ↗Total39.83×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 3000 | — |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding of capital expenditure requirements of the Company towards setting up of a manufacturing facility at Rajkot, Gujarat, India | ₹7.22 Cr |
| Funding Working Capital Requirements of the Company | ₹7.00 Cr |
| General corporate purposes | ₹0.22 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue206.91₹ Cr · -45.0% vs prior year
PAT1.02₹ Cr · -9.7% vs prior year
Assets80.02₹ Cr · +36.5% vs prior year
Net Worth10.95₹ Cr · +10.2% vs prior year
Borrowing56.91₹ Cr · +30.9% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets39.82
Total Income324.07
Profit After Tax0.95
NET Worth6.60
Reserves and Surplus1.80
Total Borrowing13.86
31 Mar 2023
Assets58.64
Total Income376.05
Profit After Tax1.13
NET Worth9.94
Reserves and Surplus2.94
Total Borrowing43.46
31 Dec 2023
Assets80.02
Total Income206.91
Profit After Tax1.02
NET Worth10.95
Reserves and Surplus3.95
Total Borrowing56.91
KPIs
| KPI | Dec 31, 2023 |
|---|---|
| ROE | 9.28% |
| ROCE | 8.02% |
| Debt / Equity | 5.20% |
| RoNW | 9.28% |
| PAT Margin | 0.30% |
| Price to Book Value | 3.96 |
Valuation & shareholding
Pre-IPO EPS1.12
Post-IPO EPS0.98
Pre-IPO P/E38.25
Post-IPO P/E43.84
Promoter holding pre100.00%
Promoter holding post72.98%
Market cap₹59.39 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Visaman Global Sales IPO | — | 43.84 x | — | — |
| Metalic Technoforge IPO | — | 14.94 x | — | — |
| Narmadesh Brass IPO | — | 19.90 x | — | — |
| Krupalu Metals IPO | — | 19.66 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Lead manager(s) fees including underwriting commission | ₹1.43 Cr |
| Brokerage, selling commission and upload fees | ₹0.00 Cr |
| Registrar to the Issue | ₹0.02 Cr |
| Legal Advisors | ₹0.02 Cr |
| Advertising and marketing expenses | ₹0.02 Cr |
| Regulators including stock exchanges | ₹0.04 Cr |
| Printing and distribution of offer stationary | ₹0.01 Cr |
| Others, if any (market making, depositories, marketing fees, secretarial, consultancy, peer review auditors, etc.) | ₹0.07 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Shreni Shares Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-13.
IPO UPDATE ALERTS
Register for IPO Updates →Track Visaman Global Sales without missing an update
Register for subscription, GMP, allotment and listing notifications.