Visaman Global Sales Ltd IPO Price Range is ₹43 - 43, with a minimum investment of ₹1,29,000 for 3000 shares.
₹1,29,000
/ 3000 shares
Minimum Investment
View Visaman Global Sales Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.
IPO Status
Price Band
₹43 - 43
Open Date
2024-06-24
Close Date
2024-06-26
IPO Size
₹16.05 Cr
Lot Size
3000 shares
Min Investment
₹1,29,000
Listing Exchange
NSE
Strong Customer Base.
Strong Customer Base.
Leveraging the experience of its Promoters and Management Team.
Comprehensive solution for logistics requirement.
Existing Supplier Relationship.
Location Advantage.
ISO Certified Organization.
In depth understanding of customers requirements.
The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.
The company could become liable to customers, suffer adverse publicity and incur substantial costs as a result of defects in its products, which in turn could adversely affect the companys business operations and its sales could be diminished if the compan is associated with negative publicity.
The demand and pricing in the steel industry is volatile and are sensitive to the cyclical nature of the industries it serves. A decrease in steel prices may have adverse effect on its business, results of operations margins and financial condition.
The company generates a substantial portion of revenue from the region of Gujarat. Any adverse developments affecting its operations in Gujarat region could have an adverse impact on its revenue and results of operations.
Its Revenue supply of Pipes contribute significantly to the company revenue from operation. Any loss of business from such products may adversely affect its revenues and profitability.
The Restated Financial Statements have been provided by Peer Reviewed Chartered Accountants who is not Statutory Auditor of the Company.
Its business is a High Volume-Low Margin Business.
The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.
The company depends on the success of its relationships with its customers. The companys top ten customers contribute majority of its revenues from operations. If one or more of such customers choose not to source their requirements from it, the companys business, financial condition and results of operations may be adversely affected.
The company is heavily dependent on one of its suppliers, M/s. APL Apollo Tubes Limited for whom the company is distributors for procurement and sale of its traded goods. Any disruption of supply from such entities may affect its business operations.
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Select Visaman Global Sales Ltd IPO from the list of live IPOs.
4
View key details like price band, lot size, and dates, then tap ‘Apply Now’.
5
Choose the number of lots and place your order via UPI.
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Your funds will be blocked until the share allotment is finalized.