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Visaman Global Sales Ltd. (India)

Main Activities: Other Services (except Public Administration)
Full name: Visaman Global Sales Ltd. Profile Updated: October 31, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company is engaged in the business of supply of round pipes, square pipes, rectangle pipes, various specification of structural steels, BGL coils, GP(GI) coils, HR coils, CR coils, colour coated coils, MS sheets, GP and GC sheets, CR sheets, HR sheets and plates, colour coated sheets, roofing PUF panel, wall PUF panel etc.
Further, the Company also provide the credit facility to the existing customers as value added service also provide the facility of customization to meet the specific requirement of the customers and outsource the process of modification and alteration to the third party, additionally, the Comapny facilitate onsite delivery of the products to the customers.
2006: The Company a sole proprietary firm, is established by Shree Sureshchandra G. Vasa, (Mentor and Promoter of Visaman Group) and started the trading of MS Patti Pipes.
2009:The Company structured our business activities and operated in a professional manner.
2010:The Company has joined hand with Bhushan Power and Steel Limited as a distributor of steel for the Rajkot region and by end of that year, the company added a distributorship of Surya Roshni Limited for whole Saurashtra region and also entered into the market of CRC tubes.
2012:The group started work with APL Apollo Tubes Ltd. as a dealer for Rajkot city.
2013:By end of this year, APL Apollo acknowledged Visaman as a distributor of Rajkot district.
2014:By this year the Company started working throughout Saurashtra for APL Apollo Tubes Ltd.
2015:
-By this year we had established our first branch in Ahmedabad and at this time we were acknowledged as a distributor of whole Gujarat for APL Apollo Tubes Limited.
-In the same year, we have started distribution of TMT Bars, MS Angle, I Beams, MS Channel, MS Flats, andMS Plates.

2019:
-The Company was originally incorporated on June 27, 2019 under the name “Visaman Global Sales Limited” under the provisions of the Companies Act, 2013 with the Registrar of Companies
-The CIN of the Company is U24311GJ2019PLC108862
-The Company does not have any Holding Company or any Subsidiary Company or any Associate Company
2020:
-Authorised Distributorship of APL Apollo Tubes Limited has been shifted from Visaman Sales to the Company.
-The Company obtained registration certificate for ISO 9001:2015 for its quality management services.
2021:The Company has been awarded with the India 5000 best MSME award for year 2021.
2022:The Company has been awarded with Fastest Growing Indian Company Excellence Award and Leading Emerging Entrepreneur Award

2024:
-The Equity Shares of the Company listed on the National Stock Exchange on July 1, 2024.
-The Company has been awarded with ISO 9001: 2015 for our Quality Management System

Legal Address
C/O., Jain Traders, 8, Sorathiawadi Near Narmada, 80 Feet Road,
Rajkot; Gujarat; Postal Code: 360002

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 27, 2019
Key Executives
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Promoter Director
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Independent Director
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Independent Director
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Independent Director
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Whole Time Director
Ownership Details
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72.98%
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20.27%
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6.75%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-24.47%
Total operating revenue
-24.47%
Operating profit (EBIT)
360.5%
EBITDA
273.86%
Net Profit (Loss) for the Period
5.86%
Total assets
21.15%
Total equity
12.99%
Operating Profit Margin (ROS)
2.06%
Net Profit Margin
0.13%
Return on Equity (ROE)
-0.77%
Debt to Equity Ratio
27.59%
Quick Ratio
-0.19%
Cash Ratio
0.06%

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