Visaman Global Sales Limited
NNSE:VISAMAN20.90
INR
-1.10
(-5.00%)
ISIN
INE0BHK01012
Return %
Stock
S&P 500
1Y
-82.73
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Company Description
- CEO
- Mitulkumar S. Vasa
- Full Time Employees
- 13
- Sector
- Distribution services
- Industry
- Wholesale distributors
- Address
- 8, Sorathiawadi Near Narmada Rajkot GU India 360002
- IPO Date
- Jul 1, 2024
- Website
- visamanglobalsales.com
- Similar Companies
- Business
- Visaman Global Sales Ltd. (VISAMAN.NS) manufactures and trades a wide range of steel products, including structural steel such as angles, channels, beams, plates, chequered plates, flats, round bars, TMT bars, T bars, rails, and square bars; coils comprising BGL coils, GP (GI) coils, HR coils, CR coils, and colour coated coils; sheets including MS sheets, GP and GC sheets, CR sheets, HR sheets, colour coated sheets; and pipes encompassing round tubes, square pipes, and rectangle pipes; as well as roofing and wall PUF panels. The company provides value-added services such as credit facilities to customers, product customization for specific sizes, lengths, breadths, and thicknesses via manufacturers or third-party process houses, outsourcing of modifications, and comprehensive third-party logistics solutions. Incorporated in 2019 and headquartered in Rajkot, Gujarat, India, Visaman Global Sales operates primarily in western and central India, with presence in cities including Ahmedabad, Rajkot, Baroda, Surat, Mehsana, and Indore, serving diversified channels such as B2B, B2C, and B2CH customers including dealers, PEB firms, project management consultants, structural engineers, and OEMs across infrastructure and industrial projects. In recent developments, the company listed on the NSE SME platform in July 2024 following a successful IPO that raised approximately INR 16.05 crore through a fresh issue of shares, with proceeds allocated toward capital expenditure for a new manufacturing facility in Rajkot, working capital requirements, and general corporate purposes. In September 2025, Visaman Global Sales approved a preferential allotment of 5,559,100 equity shares at INR 60 each and 4,200,000 warrants, receiving INR 63 million, alongside incorporating a wholly-owned subsidiary, VRV TECHSOL Ltd., with initial paid-up capital of INR 100,000. These moves reflect ongoing capital expansion and strategic diversification within the steel products sector.