What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Visaman Global Sales Limited IPO?

Visaman Global Sales Limited IPO has received a total subscription of 39.88 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Visaman Global Sales Limited

ListedSME

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

₹5

+11.6%

Est. Listing

₹48

at current GMP

Subscribed

39.88x

overall

Open

24 Jun 2024

26 Jun 2024

Allotment

27 Jun 2024

Refund

28 Jun 2024

Demat Credit

29 Jun 2024

Listing

1 Jul 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

39.88x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

28.22x

High Net-Worth

Retail (RII)

51.54x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 39.88x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	1,770,000	49,956,000	28.22x
RETAIL	1,770,000	91,221,000	51.54x
Total	3,540,000	141,177,000	39.88x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 50.71x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	435	22,420	51.54x
HNIs (10L +)	3	85	28.22x
HNIs (2-10L)	13	367	28.22x
Total Applications	451	22,872	50.71x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Visaman Global Sales Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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.

Frequently Asked Questions

What is Visaman Global Sales Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Visaman Global Sales Limited IPO is ₹5 per equity share. Based on the upper price band of ₹43 to ₹43 per equity share, the estimated listing price is ₹48 (+11.6% expected listing gain).

What is the expected profit per lot for Visaman Global Sales Limited IPO?

With a lot size of 3000 shares and current GMP of ₹5, the expected profit per application lot is approx ₹15,000 (+11.6% gain). Minimum application cost is approx ₹1,29,000.

What is the issue size and price band for Visaman Global Sales Limited IPO?

The Visaman Global Sales Limited IPO aggregate issue size is ₹16.05 Crores with an equity price band set at ₹43 to ₹43 per equity share. The retail lot size is 3000 shares requiring a minimum capital outlay of approx. ₹1,29,000.

How can I check Visaman Global Sales Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 39.88x (Retail: 51.54x, QIB: 0.00x, NII: 28.22x). You can track live multiples directly on our dedicated subscription page.

Where and when will Visaman Global Sales Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-06-27. Investors can verify status using PAN card or application number.

When is the listing date for Visaman Global Sales Limited IPO?

Visaman Global Sales Limited shares are scheduled to list on NSE on 2024-07-01.