Visaman Global Sales IPO GMP Today, Price Range and Company Details

Visaman Global Sales IPO offers shares at ₹43, with a ₹0 Grey Market Premium. Available in 3000 share lots, the subscription runs from June 24 to June 26, 2024.
Visaman Global Sales IPO GMP Today, Price Range and Company Details

As of June 22, 2024, Visaman Global Sales has ₹0 as Grey Market Premium, with a price range of ₹43 per share. Offering lots of 3000 shares, the subscription window is open from June 24 to June 26, 2024.

Visaman Global Sales Limited IPO GMP Today

The Grey Market Premium (GMP) for Visaman Global Sales Limited is ₹0 as of June 22, 2024. This assessment coincides with a price of ₹43 per share for the IPO.

Visaman Global Sales Limited IPO Review

Visaman Global Sales Limited observed a rise in revenue from ₹32,403.96 lakhs in March 2022 to ₹37,603.46 lakhs in March 2023, but saw a drop in the current fiscal’s 9-month period to ₹20,690.95 lakhs. Despite this, profitability increased, reflecting a boost in investor confidence.

While total assets grew, signaling potential expansion, financial metrics like EPS and RoNW declined, from ₹1.97 to ₹1.45 and 14.33% to 9.28%, respectively, indicating challenges in profitability and shareholder returns. The rising debt-equity ratio and current ratio suggest an increased reliance on debt and liquidity pressures.

Visaman Global Sales Limited IPO Date

Visaman Global Sales Limited will start accepting subscriptions from June 24, 2024 to June 26, 2024

Visaman Global Sales Limited IPO Price

Visaman Global Sales Limited’s price range is ₹43 per share with a face value of ₹10 each.

Visaman Global Sales Limited

Visaman Global Sales Limited, a supplier of steel products, sheets, and coils, offers credit based on clients’ financial histories. The company customizes steel products, collaborating with manufacturers and third-party houses, and acts as a dealer for a leading tube manufacturer. It utilizes B2C, B2CH, and B2B sales approaches with strict quality control and established distribution networks.

How To Apply For Visaman Global Sales Ltd IPO?

To apply for the Visaman Global Sales through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Visaman Global Sales on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Visaman Global Sales IPO at Alice Blue in just a few clicks!

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