VISAMAN GLOBAL SALES Limited IPO GMP

VISAMAN GLOBAL SALES LIMITED, is one of the fastest growing and leading supplier, professionally managed organization engaged in the supply of ERW Mild Steel (Ms), Galvanised (Gi), Pre Galvanised (p) & CRC - Square, Rectangle & Round Hollow Tubes, Boiler Tube, Spiral Pipe, TMT, Hot Rolled (Hr) Plate, Crc Coils & Sheets, Colour Coated Coils & Sheets, Pre Galvanised (GP) Coils & Sheets, total structural steel solutions anywhere in INDIA.

Visaman Global Sales IPO, a Fixed Price issue amounting to ₹16.04 crores, consisting entirely of a fresh issue of 37.32 lakh shares. The subscription period for the Visaman Global Sales IPO opens on June 24, 2024, and closes on June 26, 2024. The allotment is expected to be finalized on or about Thursday, June 27, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Monday,1st July, 2024.

The price of Visaman Global Sales IPO is set at ₹43 equity per share, with a minimum lot size of 3000 shares. Retail investors are required to invest a minimum of ₹129,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (6000 shares), amounting to ₹258,000.

SHRENI SHARES LIMITED is the book-running lead manager, LINK INTIME INDIA PRIVATE LIMITED is the registrar. SHRENI SHARES LIMITED is the market maker for Visaman Global Sales IPO.

Visaman Global Sales IPO GMP Today
The Grey Market Premium is expected in the range of ₹5 - ₹10 based on the financial performance and live subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Visaman Global Sales IPO Live Subscription Status
As of 05:13 PM on 25 June 2024, the Visaman Global Sales IPO live subscription status shows that the IPO subscribed 4.58 times by the day 2 of Issue period. Check the Visaman Global Sales IPO Live Subscription Status Today at NSE

Visaman Global Sales IPO Allotment Status
Visaman Global IPO allotment date is 27 June 2024, Wednesday. Visaman Global Sales IPO Allotment will be out on 27th June 2024 and will be live on Registrar Website. Check Visaman Global IPO Allotment Status here. Here's how you can check the allotment status
- Navigate to the IPO allotment status page.
- Select Visaman Global Sales from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Visaman Global Sales Limited

Visaman Global Sales Issue Proceeds from the Fresh Issue will be utilized towards the following objects :
1. Funding of capital expenditure requirements of our Company towards setting up of a manufacturing facility at Rajkot, Gujarat, India (“Proposed Facility”)
2. Funding Working Capital Requirements of our Company
3. General corporate purposes.

Refer to Visaman Global Sales Limited RHP for more details about the Company.