:::LALKAR GROUP::::

Visaman Global Sales Ltd

Registered Office: C/o. Jain Traders 8 Sorathiaw.,Near Narmada 80 Feet Road, Rajkot - 360002, Gujarat, India.
Phone : +91 90237 30627 Fax:
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-24	26-Jun-24	43.00-0.00	0.00-0.00

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

	(Rs)	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

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

NSE - SME

Registrar to the Issue

No Data Available