IPO

Vishal Mega Mart Ltd. IPO

Vishal Mega Mart Ltd., established in 2018, operates in the Retail - Departmental Stores sector. The company's IPO opened on December 11, 2024 and closed on December 13, 2024, with an issue price of ... Read more

Min Investment
₹ 14,820 / 190 shares
Price Range
₹74 - ₹ 78
Bidding Dates
11 Dec '24 - 13 Dec '24
Total Issue Value
8,000.00 Cr
Lot Size
190
Total Issue Size
8,000.00 Cr
Listing At
BSE, NSE
Subscription
20.47 times
BSE Price
106.30 (36.28%)
NSE Price
106.43 (36.45%)

IPO Timeline

  • 11 Dec 2024
    Bidding Starts
  • 13 Dec 2024
    Bidding Ends
  • 16 Dec 2024
    Allotment Finalization
  • 18 Dec 2024
    Listing

About Vishal Mega Mart Ltd.

We are a one stop destination for middle and lower-middle income India. We curate a diverse range of merchandize through our portfolio of own brands and third party brands to fulfil the aspirational and daily needs of consumers. We offer products across three major product categories, i.e., ... Read more

Parent organisation
Founded
Vishal Mega Mart Ltd.
2018

Vishal Mega Mart Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 30,76,92,308 (30%)
Non Institutional Investors 15,38,46,154 (15%)
Qualified Institutional Buyers (QIBs) 20,51,28,205 (20%)
Retail Individual Investors (RIIs) 35,89,74,359 (35%)

Vishal Mega Mart Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 6,260.37 Cr 317.86 Cr 1,015.35 Cr
31 Mar 2023 5,639.29 Cr 246.51 Cr 697.63 Cr

Vishal Mega Mart Ltd. Background

Major Events And Milestones
  • 2017
    Crossed revenue of ₹20,000 million, with 195 stores running
  • 2018
    Achieved majority of sales from own brands in apparels and accelerated share of own brands in general merchandise and FMCG segments
    Expanded our operations in southern India
  • 2020
    Received the NCPDEP – Mindtree Hellen Keller Award
    Crossed revenue of ₹50,000 million, with more than 350 stores running
  • 2022
    Inaugurated its 500th store in India, and the spread of our stores reached to more than 300 cities
    Launched E-commerce/ Omni-channel Platform and Vishal Mega Mart Mobile Application, operated by our Material Subsidiary
  • 2023
    Crossed an aggregate of 10 million square feet of retail space
    “Regional Winner Asia including the Indian sub-continent and all areas East” at the International Loyalty Awards,
    Awarded Gold at Singapore’s Loyalty and Engagement Awards 2023, in the category “Best Loyalty Strategy –Retail”.
    Excellence in Value Retail – Bringing Societal Change through Advertising” at the Jagran Achiever Awards
    Inaugurated its 600th store in India, and the spread of our stores reached to nearly 400 cities
    Became debt-free after repaying term loans taken for operational purposes
  • 2024
    Recognized as “Best Loyalty Programme of the Year - Food Retail and Non Food Retail” at the International Loyalty Awards
Vishal Mega Mart Ltd. Object of Issues

1. Achieve the benefits of listing the Equity Shares on the Stock Exchanges
2. Carry out the Offer for Sale of up to [?] Equity Shares of face value of ?10 each aggregating to ?80,000 million by the Promoter Selling Shareholder

Vishal Mega Mart Ltd. IPO Listing Details
Listing Date
18 Dec 2024
BSE Script Code
VISHALMEGA
NSE Symbol
VISHALMEGA
ISIN
INE01EA01019
Final Issue Price
₹ 78
Vishal Mega Mart Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 78.00 ₹ 78.00
Open ₹ 110.00 ₹ 104.00
Low ₹ 104.92 ₹ 104.00
High ₹ 115.60 ₹ 114.40
Last Trade ₹ 111.95 ₹ 111.93
Vishal Mega Mart Ltd. Company Promoters

1. Samayat Services LLP
2. Kedaara Capital Fund II LLP

Industry Overview

The total addressable market for aspirational retail in India is ?68-72 trillion (US$ 820-870 billion) for calendar year 2023, and is expected to be ?104-112 trillion (US$ 1,250-1,350 billion) by calendar year 2028, growing at a CAGR of 9% (Source: Redseer Report at page 135). Within the ... Read more

Vishal Mega Mart Ltd. IPO Registrar
KFin Technologies Ltd.
Selenium Tower-B, Plot 31 & 32, Gachibowli, Financial District, Nanakramguda, Serilingampally Hyderabad Telangana - 500032
67162222
Vishal Mega Mart Ltd. IPO Lead Manager(s)
Jefferies India Pvt. Ltd.
16th Floor, Express Towers, Nariman Point, Mumbai Maharashtra - 400021
4356600

FAQs

When does Vishal Mega Mart Ltd. IPO opens and closes?

Vishal Mega Mart Ltd. IPO opens from 11th December to 13th December 2024.

What is the size of Vishal Mega Mart Ltd. IPO?

The size of the Vishal Mega Mart Ltd. IPO is ₹8,000.00 Cr.

What is the price range of Vishal Mega Mart Ltd. IPO?

The price range of Vishal Mega Mart Ltd. IPO is at ₹74 to ₹78 per share.

What is the minimum investment and lot size required for the Vishal Mega Mart Ltd. IPO?

The minimum investment required is ₹14,820 and minimum lot size is 190 shares.

When is Vishal Mega Mart Ltd. IPO listing date?

The Vishal Mega Mart Ltd. IPO will be listed on 18th December 2024.

What is the objective of Vishal Mega Mart Ltd. IPO?

1. Achieve the benefits of listing the Equity Shares on the Stock Exchanges
2. Carry out the Offer for Sale of up to [?] Equity Shares of face value of ?10 each aggregating to ?80,000 million by the Promoter Selling Shareholder

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+