Visaman Global Sales IPO Subscription Status: Visaman Global Sales IPO is Open on 24 June, 2024 and Close on 26 June, 2024. Visaman Global Sales IPO to Raise 3,732,000 shares (Approx ₹16.05 Cr) via IPO. The Fresh Issue of 3,732,000 shares (Approx ₹16.05 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Visaman Global Sales IPO is an SME IPO and Listed on NSE SME. Visaman Global Sales IPO Price Band is Fixed at ₹43 Equity Share. Visaman Global Sales IPO Lot Size is 3000 Shares.
About Visaman Global Sales IPO :
- Visaman Global Sales provide facility to pay later to the existing customers with good financial record in this case if the customers had paid all the outstanding amount in a proper time frame, then we fix their credit worthiness via fix amount of credit limit and the credit days which varies with customers to customers. we provide the facility of customization to meet the specific requirement of our customers w.r.t specific size, length, breadth, thickness etc. of our products.
- We send the requisition to manufacturer for customization of specified products. Further, in certain cases, if the manufacturer is unable to do the specified customization, then, the same will be get done by the third-party process houses. The Company outsources the process of modification and alteration to the third party.
Visaman Global Sales IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Non Institutional Buyers (NIIs) | 17,70,000 | 4,97,64,000 | 23.47 |
| Retail Individual Buyers (RIIs) | 17,70,000 | 9,12,21,000 | 51.46 |
| Total | 35,40,000 | 14,94,00,000 | 37.47 |
Visaman Global Sales Subscription Status day-by-day-
| Categories | 24 June | 25 June | 26 June |
|---|---|---|---|
| QIB | - | - | - |
| NII | 0.27 | 1.65 | 23.47 |
| RII | 1.72 | 8.93 | 51.46 |
| Total | 0.99 | 5.30 | 37.47 |
Visaman Global Sales Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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