Visaman Global Sales Ltd

Opens On Closes On
24-Jun-24 26-Jun-24
Money Payable On
Application Allotment
43.00 0.00

Minimum Application for shares in Nos : 3000 Further Multiples of : 3000

Lead Managers to the Issue
Project Cost (₹.Cr) 14.44 Shreni Shares Ltd
Project Financed through Current Offer (₹.Cr) 16.05  
Post Issue Equity Share Capital (₹.Cr) 13.81
Issue Price (₹) 43.00

Funding of capital expenditure requirements of the company towards setting up of a mfg facility at

Funding working capital requirements of the company

General corporate purposes

Promoted By
Mitulkumar Sureshchandra Vasa
Sureshchandra Gulabchand Vasa
Avni M Vasa
Listing At
Registrar to the Issue
No Data Available
Initial public offering of 37,32,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Visaman Global Sales Limited ("VGSL" or "The Company" or "The Issuer") for cash at a price of Rs. 43/- per equity share (including a premium of Rs. 33/- per equity share) ("Issue Price") aggregating to Rs. 16.05 crores ("The Issue") of which 1,92,000 equity shares aggregating to Rs. 0.83 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 35,40,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 43/- per equity share aggregating to Rs. 15.22 crores ("Net Issue"). The issue and the net issue will constitute 27.02% and 25.63 % of the post issue paid-up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the issue price is 4.3 times of the face value.