Registered Office:
C/o. Jain Traders 8 Sorathiaw.,Near Narmada 80 Feet Road,
Rajkot
-
360002,
Phone : +91 90237 30627
Fax : NA
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.
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.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