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15 Days Price Change

Visaman Global Sales IPO

Closing In

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Profile
Issue Size --
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Price Range 43  to  43 per share
Profile
Min Investment ₹43
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Visaman Global Sales Ltd. is a rapidly growing leader in the supply of structural steel products across India. Specializing in a wide range of steel solutions, we are dedicated to delivering excellence and reliability in every aspect of our business. Our product portfolio includes ERW Mild Steel (MS), Galvanised (GI), Pre Galvanised (GP), and CRC tubes in square, rectangle, and round shapes, ensuring versatility and durability for various applications. Additionally, we offer Boiler Tubes, Spiral Pipes, TMT bars, Hot Rolled (HR) Plates, CRC Coils & Sheets, Colour Coated Coils & Sheets, and Pre Galvanised (GP) Coils & Sheets, providing comprehensive structural steel solutions. At Visaman Global Sales Ltd., quality is paramount. We uphold stringent quality control measures to ensure that all our products meet international standards and exceed customer expectations. Our commitment to timely delivery and personalized customer service sets us apart, catering to diverse industrial and construction needs with efficiency and reliability. Driven by a vision to be the preferred supplier in India's steel industry, we continuously innovate and adapt to meet evolving market demands. Our ethical business practices and dedication to customer satisfaction underscore our mission to build lasting partnerships and contribute positively to the infrastructure development of our nation. Contact Visaman Global Sales Ltd. today to experience our commitment to quality, reliability, and customer-centric values in every steel solution we provide. Read More

Basic Info

Face Value 10 per share

Price 43  to  43 per share

P/E (x) 25.3

Sales( Cr.) 266

PAT( Cr.) 2

EPS 1.7

Draft Prospectus --

Exchange NSE-SME

Promoter

Company Promoters

Mr. Mitulkumar Sureshchandra Vasa Mr. Sureshchandra Gulabchand Vasa Ms. Avni M. Vasa Ms. Ilaben Sureshchandra Vasa

Pre Issue Share Holding 100%

Post Issue Share Holding 75%

Listing Details:

Listing Price: 45.1

Listing Gain: 4.66%

Current Price: 117.9

Gain On Issue: 117.9 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Jun 24, 2024
Closing Date Jun 26, 2024
Allotment Jun 27, 2024
Refund Jun 28, 2024
Delivery of Shares Jun 28, 2024
Listing Date Jul 01, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 129,000
Retail (Max) 1 3000 129,000
S-HNI (Min) 2 6000 258,000
S-HNI (Max) 7 21000 903,000
B-HNI (Min) 8 24000 1,032,000

Objective of the Issue

1. Funding of capital expenditure requirements of the Company towards setting up of a manufacturing facility at Rajkot, Gujarat, India 2. Funding Working Capital Requirements of the company 3. General corporate purposes.

Issue

Category Nos Bid Bid (x)
QIB 0 0 0x
NII 0 0 0x
Retail 0 0 0x
EMP 0 0 0x
Total 3732000 157490400 42.2x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Visaman Global Sales Profit & Loss

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 47 136 324 408 308 266
Other Income 1 0 0 0 0 1
Total Income 48 136 324 408 308 267
Total Expenditure 48 135 321 401 300 259
Operating Profit 0 1 3 7 8 8
Interest 0 1 1 5 6 5
Depreciation 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0
Profit Before Tax 0 1 1 2 2 2
Provision for Tax 0 0 0 0 0 0
Profit After Tax 0 0 1 1 1 2
Adjustments 0 0 0 0 0 0
Profit After Adjustments 0 0 1 1 1 2
Adjusted Earnings Per Share 0.8 0.5 1.4 1.2 1.3 1.6

Visaman Global Sales Balance Sheet

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 6 7 10 11 28
Minority's Interest 0 0 0 0 0 0
Borrowings 0 0 2 7 9 1
Other Non-Current Liabilities -0 0 0 -0 -0 -0
Total Current Liabilities 11 21 31 42 51 70
Total Liabilities 13 27 40 59 72 99
Fixed Assets 0 0 1 1 2 2
Other Non-Current Assets 0 0 0 1 0 7
Total Current Assets 13 27 38 57 70 90
Total Assets 13 27 40 59 72 99

Visaman Global Sales Cash Flow

#(Fig in Cr.) Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 1 0 0 3
Cash Flow from Operating Activities -8 -2 -5 -1 6 15
Cash Flow from Investing Activities -0 -0 -1 -1 0 -7
Cash Flow from Financing Activities 8 3 5 2 -3 1
Net Cash Inflow / Outflow 0 1 -0 -0 3 9
Closing Cash & Cash Equivalent 0 1 0 0 3 13

Visaman Global Sales Ratios

# Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.75 0.48 1.37 1.23 1.3 1.55
CEPS(Rs) 0.77 0.55 1.54 1.71 1.69 1.9
DPS(Rs) 0 0 0 0 0 0
Book NAV/Share(Rs) 7.7 8.18 9.55 10.05 11.36 20.4
Core EBITDA Margin(%) -0.93 1.07 0.86 1.63 2.47 2.67
EBIT Margin(%) 0.89 1.04 0.84 1.52 2.35 2.9
Pre Tax Margin(%) 0.46 0.37 0.39 0.4 0.56 0.94
PAT Margin (%) 0.37 0.25 0.29 0.3 0.43 0.81
Cash Profit Margin (%) 0.38 0.28 0.33 0.42 0.55 0.99
ROA(%) 1.31 1.65 2.82 2.5 2.01 2.51
ROE(%) 9.8 9.01 15.44 14.79 12.17 10.81
ROCE(%) 5.18 13.61 16.31 16.7 12.35 9.83
Receivable days 54.46 28.08 22.37 24.8 35.06 48.83
Inventory Days 25.72 11.5 8.23 13.31 31.06 36.56
Payable days 37.46 25.16 18.03 9.48 4.31 6.25
PER(x) 0 0 0 0 0 23.21
Price/Book(x) 0 0 0 0 0 1.76
Dividend Yield(%) 0 0 0 0 0 0
EV/Net Sales(x) 0.17 0.08 0.06 0.12 0.19 0.38
EV/Core EBITDA(x) 18.47 7.63 6.5 7.54 7.73 12.44
Net Sales Growth(%) 0 189.3 137.66 25.82 -24.47 -13.74
EBIT Growth(%) 0 238.7 91.15 128.2 17.17 6.42
PAT Growth(%) 0 92.59 182.82 30.73 6.12 63.13
EPS Growth(%) 0 -35.8 182.82 -10.35 6.12 19.05
Debt/Equity(x) 3.55 1.26 2.1 4.29 4.57 2.3
Current Ratio(x) 1.16 1.27 1.25 1.34 1.37 1.3
Quick Ratio(x) 0.87 1.02 0.94 0.86 0.74 0.99
Interest Cover(x) 2.09 1.55 1.89 1.36 1.31 1.48
Total Debt/Mcap(x) 0 0 0 0 0 1.31

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -14% -6% 41% 0%
Operating Profit CAGR 0% 39% 0% 0%
PAT CAGR 100% 26% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 227% NA% NA% NA%
ROE Average 11% 13% 12% 12%
ROCE Average 10% 13% 14% 12%

Company Contact Information

Visaman Global Sales Ltd.

Jain Traders 8 Sorathiawadi Near Narmada 80 Feet Road

IPO Lead Manager(s)

Visaman Global Sales Ltd.

Shreni Shares Limited

Registrar Info

Visaman Global Sales Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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