| Visaman Global Sales Ltd |
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| Registered Office: C/o. Jain Traders 8 Sorathiaw., Near Narmada 80 Feet Road, Rajkot - 360002, Gujarat |
| Phone: +91 90237 30627 |
| Email: cs@visamansales.com |
| Website: https://visamanglobalsales.com |
| 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. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 24-Jun-2024 | 26-Jun-2024 | ₹ 43.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 3000.0 Further Multiples of : 3000.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 14.44 | Shreni Shares Ltd |
| Project Financed through Current Offer | 16.05 | |
| Post Issue Equity Share Capital | 13.81 | |
| Issue Price | ₹43.00 | |
| Projects |
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| 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 |
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| Mitulkumar Sureshchandra Vasa |
| Sureshchandra Gulabchand Vasa |
| Avni M Vasa |
| Listing At |
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| NSE - SME |
| Registrar to the Issue |
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