Vishal Mega Mart Shares in Green As Rs 1,523 Crore Worth Shares Lock-in Ends

Vishal Mega Mart shares opened on a strong note on Monday's trading session as the company's shareholder lock-in period ends today, March 17. The retail chain operator will see as many as 15.38 crore shares hit the market today as the three-month shareholder lock-in ends today.

Vishal Mega Mart is one of India' leading hypermarket chains with presence in metro, Tier-2, and Tier-3 cities in India. The company brought its IPO worth Rs 8,000 crore in December and almost aligned with grey market expectations. Around three percent of company shareholders will become eligible for trading on Monday, reports CNBC TV 18, citing Nuvama Alternative & Quantitative Research.

Apart from Vishal Mega Mart, Sai Life Sciences, One Mobikwik Systems, Hexaware Technologies, Inventurus Knowledge Solutions and few other companies' anchor investors will reach the end of their lock-in periods this week.

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Vishal Mega Mart share price today

Vishal Mega Mart's share price opened on a higher note on Monday. The company shares were trading 2.16% higher at Rs 101.65 per share on BSE at 9:45 am. The strength in the Vishal Mega Mart share price came in sync with a strong stock market opening today.
BSE Sensex jumped 340 points and opened at 73,830, whereas Nifty 50 crossed 22,500 mark today.

The company share price value has declined over 1.57% in one month. The stock witnessed a significant movement in February after it touched its 52-week high mark of Rs 126.85 per share on BSE on 4 February and a 52-week low mark of Rs 96.05 per share on 28 February.

Vishal Mega Mart IPO

The Vishal Mega Mart IPO listing almost came in line with grey market expectations. When the shareholder lock-in period ends, the amount of shares owned by these investors will be eligible for trading, but that doesn't mean that all the shares will be sold in the open market.

The stock had as many as 9.13 lakh retail shareholders or those with authorised share capital of up to Rs 2 lakh as of December 31, 2024.
India's initial public offering (IPO) market rush fizzled out in 2025 amid stock market corrections and geopolitical tensions. Many companies are reportedly delaying their IPOs or are opting to lapse their approvals due to weak secondary market sentiment.

Vishal Mega Mart is one of India' leading hypermarket chains with presence in metro, Tier-2, and Tier-3 cities in India. The retai market company

The company reported a net profit of Rs 262.72 crore in the quarter that ended in December, 2024, which was 27.03% higher than Rs 205.36 crore reported a year ago. The company sales increased 19.53% YoY to Rs 3135.94 crore in the quarter ended December 2024 as against Rs 2623.55 crore.

Its revenue from operations increased by 19.5% to Rs 3,136 crore against Rs 2,623.5 crore in the corresponding period of the preceding fiscal year. Whereas, earnings before tax, depreceiation, and amortisation (EBITDA) margin jumped 18.3% to Rs 505 crore over Rs 427 crore in the Q2FY24 and EBITDA margin stood at 16.1% in the quarter ended in December.

Upcoming IPOs

Despite weak sentiments, Indian stock markets will see some high-profile upcoming IPOs in the coming months including Tata Capital, Ather Energy, ICICI Prudential Asset Management, LG Electronics India, HDB Financial Services, etc.
This week, a total of three mainboard and SME IPOs will be open for subscription this week including Arisinfra Solutions IPO, Paradeep Parivahan IPO, Divine Hira Jewellers IPO, Grand Continent Hotels IPO. Additionally, PDP Shipping, Super Iron Foundry will be listed on BSE SME this week.