
Materials / Steel & Metals · NSE
Visaman Global Sales Limited, established in June 2019, is a dynamic supplier of a wide range of steel and structural products, including round, square, and rectangle pipes, various structural steels, coils, sheets, plates, and roofing and wall PUF panels. An ISO 9001:2015 certified company, Visaman Global Sales focuses on customization to meet specific customer needs in terms of size and dimensions. With a well-placed stockyard in Gujarat and warehouses in both Gujarat and Madhya Pradesh, the company ensures seamless distribution and product availability. As of March 15, 2024, it operates with a dedicated team of 41 employees across its offices and stockyards, ensuring smooth and efficient operations.
Price Band
₹43
Issue Size
₹16.05 Cr
Lot Size
3000 shares
GMP
+11.6%
Est. Listing
₹48
at current GMP
Subscribed
39.88x
overall
Open
24 Jun 2024
Close
26 Jun 2024
Allotment
27 Jun 2024
Refund
28 Jun 2024
Demat Credit
29 Jun 2024
Listing
1 Jul 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹43
Band: ₹43
Estimated Listing Price
₹48
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,29,000
Estimated Profit / Lot
₹15,000
3000 × ₹5
Grey Market Premium trend
+₹5
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹5 | 11.6% | ₹48 |
| 30 Oct 2026 | +₹5 | 11.6% | ₹48 |
| 29 Oct 2026 | +₹5 | 10.5% | ₹48 |
GMP is unofficial market data. Not a guarantee of listing performance.
Visaman Global Sales Limited is bringing an initial public offering (IPO) in the Materials / Steel & Metals sector with an aggregate issue size of ₹16.05 Crores. The shares are offered at a price band of ₹43 to ₹43 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-06-26, the basis of allotment is scheduled to be finalized on 2024-06-27. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
The latest grey market premium for Visaman Global Sales Limited IPO is ₹5, which indicates an expected listing price of ₹48.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.