Visaman Global Sales IPO

Visaman Global Sales Ltd plans an IPO with 37,32,000 shares worth ₹16.05 crore to fund a new manufacturing facility, working capital, and general corporate purposes.

Important Details

Open Date : June 24, 2024 Close Date : June 26, 2024 Allotment Date: June 27, 2024 Listing Date: July 1, 2024

Important Details

IPO Price: INR 43 per share Lot Size: 3000 Shares Total Issue Size: INR 16.05 crores

Fundamental Analysis

Visaman Global Sales IPO analysis shows mixed performance: 1. Annual revenue growth observed. 2. Revenue dipped in the current 9-month period. 3. Profitability surged,EPS and RoNW declined. 4. Financial position strengthened.

Peer Comparison

1. Moderate revenue stream,Steady equity. 2. Robust profitability,Modest EPS. 3. Respectable RoNW. 4. Stable asset base compared to peers.

Objective

Visaman Global Sales IPO  main objective: 1. Secure funding for capital expenditure. 2. Establish a manufacturing facility in Rajkot, Gujarat. 3. Fulfill working capital requirements.

Risks And Challenges

Visaman Global Sales IPO  risks: 1. Product failure,Fluctuating steel prices. 2. Revenue concentration in Gujarat. 3. Challenges in expanding markets due to competition & regulatory disparities.