Visaman Global Sales SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Visaman Global Sales IPO. Explore Visaman Global Sales IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Visaman Global Sales Limited, established on June 27, 2019, is based in Rajkot, Gujarat. Specializing in the supply of various types of pipes, structural steels, coils, sheets, and panels, the company caters to a wide range of customer requirements. The company also offers credit facilities and customization services, enhancing customer convenience and satisfaction. Visaman Global Sales Limited operates with a strong distribution network, including direct sales, channel partners, and stockyard distribution.
Key Points:
- Product Offerings:
- Pipes: Round, square, and rectangle pipes.
- Structural Steels: Various specifications.
- Coils: BGL, GP(GI), HR, CR, color-coated coils.
- Sheets and Panels: MS sheets, GP and GC sheets, CR sheets, HR sheets and plates, color-coated sheets, roofing PUF panels, wall PUF panels.
- Value-Added Services:
- Credit Facilities: Available to existing customers with good financial records.
- Customization: Specific sizes, lengths, breadths, and thicknesses of products can be tailored as per customer requirements.
- Onsite Delivery: Facilitating direct delivery to customers.
- Distribution Channels:
- One-Tier Distribution: Direct sales to customers.
- Two-Tier Distribution: Sales through dealers and distributors.
- Three-Tier Distribution: Stockyard to customer supply.
- Sales Channels: Business-to-Consumer (B2C), Business-to-Channel (B2CH), Business-to-Business (B2B).
- Dealer Relationships: One of the dealers of APL Apollo Tubes Limited.
Objects of the 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
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 24 Jun - 26 Jun 2024 |
| IPO Price Band | ₹ 43 per share |
| Fresh Issue | 37,32,000 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹ 16.05 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 24 Jun 2024 |
| IPO Closing Date | 26 Jun 2024 |
| Basis Of Allotment | 27 Jun 2024 |
| Refunds | 28 Jun 2024 |
| Demat Transfer | 28 Jun 2024 |
| IPO Listing Date | 01 Jul 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| Total Income | 136.36 | 324.07 | 376.05 | 206.91 |
| Total Expenses | 135.79 | 322.80 | 374.46 | 205.68 |
| Net Profit/Loss | 0.33 | 0.95 | 1.13 | 1.02 |
| NPM (*) | 0.25 | 0.29 | 0.30 | 0.49 |
| Total Assets | 27.27 | 39.82 | 58.64 | 80.02 |
| Total Liabilities | 21.61 | 33.22 | 48.70 | 69.06 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Dec 2023 |
|---|---|---|---|---|
| EPS | 0.42 | 1.20 | 1.12 | 1.01 |
| ROE (%) | 9.01 | 15.44 | 13.70 | 9.28 |
| ROCE (%) | 11.62 | 13.24 | 11.43 | 8.02 |
| D/E Ratio | 1.26 | 2.10 | 4.37 | 5.20 |
| Current Ratio | 1.27 | 1.25 | 1.37 | 1.31 |
| EBITDA MARGIN (%) | 1.07 | 0.86 | 1.75 | 2.77 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Visaman Global Sales Limited | 376.03 | 38.39 | 1.12 | 11.40 | 14.20 |
| Shree Marutinandan Tubes Limited | 47.17 | 2.54 | 90.36 | 65.71 | 137.50 |
| Swastik Pipe Limited | 711.32 | 16.10 | 4.53 | 4.35 | 89.67 |
| Hi-Tech Pipes Limited | 2,385.85 | 42.78 | 3.06 | 9.04 | 32.71 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 28.12 |
| Retail Individual Investor (RII) | 51.54 |
| Total | 42.2 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Company Promoters
- MR. MITULKUMAR SURESHCHANDRA VASA
- MR. SURESHCHANDRA GULABCHAND VASA
- MS. AVNI M. VASA
- MS. ILABEN SURESHCHANDRA VASA
- MR. KULAR BRIJESH N.
Lead Managers
- SHRENI SHARES LIMITED
Company Address
Visaman Global Sales Limited
C/o., Jain Traders, 8, Sorathiawadi Near Narmada, 80 Feet Road, Rajkot- 360002, Gujarat, India.
Phone: +91 90237 30627
Email: cs@visamansales.com
Website: https://visamanglobalsales.com
FAQs
- What is the issue size of the Visaman Global Sales SME IPO?The Visaman Global Sales SME IPO has an issue size of ₹ 16.05 crore. This includes a fresh issue of 37,32,000 shares and an offer for sale (OFS) of NIL.
- What is the price band of the Visaman Global Sales IPO?The price band for the Visaman Global Sales IPO is ₹ 43 per share.
- What are the bidding dates for the Visaman Global Sales IPO?The Visaman Global Sales IPO will open for bidding on 24 Jun 2024 and close on 26 Jun 2024.
- What is the allotment date for the Visaman Global Sales IPO?The allotment date for the Visaman Global Sales IPO is 27 Jun 2024.
- What is the listing date for the Visaman Global Sales IPO?The listing date for the Visaman Global Sales IPO is 01 Jul 2024.
- What is the Visaman Global Sales IPO grey market premium?The grey market premium (GMP) for the Visaman Global Sales IPO is currently at ₹5, with an expected listing gain of approximately 11.63%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.