Vishal Mega Mart
Mainboard₹14,820 / 190 Shares
Vishal Mega Mart IPO Details
The Vishal Mega Mart IPO price band is set between ₹74-78 per equity share, with a face value of ₹10 per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 11 Dec, 2024 and closes on 13 Dec, 2024. Investors can check the allotment status on 16 Dec, 2024, while the listing date is tentatively scheduled for 18 Dec, 2024.
The total issue size is OFS : 1,025,641,025 shares of ₹2, aggregating up to ₹8,000 Crores. Stay tuned for the latest Vishal Mega Mart IPO review and GMP updates.
Vishal Mega Mart IPO Review, Rating & Analysis
Vishal Mega Mart IPO Review
NO REVIEWVishal Mega Mart IPO Rating
Vishal Mega Mart IPO Highlights
IPO Date
Dec 11, 2024 - Dec 13, 2024
Listing Date
18 Dec, 2024
Face Value
₹10 Per Equity Share
Price Band
₹74-78 per equity share
Lot Size
190 Shares
Fresh Issue
Shares
Offer for Sale
1,025,641,025 shares of ₹2
Listing At
BSE, NSE
Vishal Mega Mart IPO Lot Size
The minimum market lot for Vishal Mega Mart IPO is 190 shares with an application amount of ₹14,820. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 190 | ₹14,820 |
| Retail (Max) | 13 | 2470 | ₹1,92,660 |
| S-HNI (Min) | 14 | 2660 | ₹2,07,480 |
| S-HNI (Max) | 67 | 12730 | ₹9,92,940 |
| B-HNI (Min) | 68 | 12920 | ₹10,07,760 |
Vishal Mega Mart IPO Timeline
Issue Price
₹74-78 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
Kotak Mahindra Capital Company LimitedICICI Securities LimitedIntensive Fiscal Services Private LimitedJefferies India Private LimitedJ.P. Morgan India Private LimitedMorgan Stanley India Company Pvt LtdIssue Size
OFS : 1,025,641,025 shares of ₹2(aggregating up to ₹8,000 Crores)Vishal Mega Mart IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 8506.08 | 8945.13 | 461.94 | 5646.59 | 1113.12 | - |
| 31 Mar 23 | 8288.91 | 7618.89 | 321.27 | 5180.84 | 649.50 | - |
| 31 Mar 22 | 8217.98 | 5653.85 | 202.77 | 4849.93 | 321.88 | - |
All values are in ₹ Cr.
Vishal Mega Mart IPO Valuations
EPS Pre IPO
₹1.02/-EPS Post IPO
₹1.13/-PE Pre IPO
76.13PE Post IPO
69.19ROE
-ROCE
68.76%Debt Equity
-RoNW
8.18%PAT Margin
5.18Price to Book Value
6.23Promoters & Share Holding
Promoter(s) Name
- Samayat Services LLP
- Kedaara Capital Fund II LLP
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 96.46% | 76.02% |
About Company
Vishal Mega Mart, one of the Indian hypermarket chains with a huge focus on fashion, has been revolutionizing retailing in India since its inception in the year 2001. Fashion that's stylish yet not priced in the sky has created an exciting opportunity for serving an all-inclusive target market within Women's, Men's, and Kids'. The brand extends its value proposition from the Clothing division to Home and Kitchen appliances and travel gear. A very strong Food and Groceries section with a good range of all essential FMCG products, including personal care and household items.
As of December 31, 2023, Vishal Mega Mart has a strong franchise network of 589 stores in over 350 cities covering more than 10.6 million square feet of retail space. The footprint therefore ensures access for millions of shoppers to everyday needs and lifestyle upgrades.
Strategic Growth and Ownership:
The acquisition of a majority stake by Switzerland's Partners Group and India's Kedaara Capital in 2018 was the transformative journey that helped Vishal Mega Mart become the growth engine and the efficiency machine that it is today.
Vishal Mega Mart IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 205,128,206 | 153,846,154 102,564,103 51,282,051 | 358,974,359 | 717,948,719 |
Day 1 -11-12-24 05:00 PM | 0.03 x | 1.11 1.16 x 1.02 x | 0.53 x | 0.51 x |
Day 2 -12-12-24 05:00 PM | 0.48 x | 3.84 4.18 x 3.17 x | 1.16 x | 1.54 x |
Day 3 -13-12-24 05:00 PM | 80.75 x | 14.24 16.45 x 9.84 x | 2.31 x | 27.28 x |
Retail:2.06x
BHNI:3.47x
SHNI:9.95x times
Company Contact Details
Vishal Mega Mart
Plot No. 184, Fifth Floor Platinum Tower, Udyog Vihar Phase-1 Gurugram 122016Phone: +91 124 - 4980000
Email: secretarial@vishalwholesale.co.in
Website: https://www.aboutvishal.com/
Registrar Contact Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: vmm.ipo@kfintech.com
Frequently Asked Questions about Vishal Mega Mart IPO
When will Vishal Mega Mart IPO open for subscription?
The Vishal Mega Mart IPO opens on 11 Dec, 2024 and closes on 13 Dec, 2024.
What is the investors portion for Vishal Mega Mart IPO?
The investors' portion for QIB is 80.75 x, NII is 16.45 x, and Retail is 2.31 x.
How to apply for Vishal Mega Mart IPO?
You can apply for Vishal Mega Mart IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Vishal Mega Mart IPO?
The issue size of Vishal Mega Mart IPO is approx ₹OFS : 1,025,641,025 shares of ₹2(aggregating up to ₹8,000 Crores) crores.
What is the price band of Vishal Mega Mart IPO?
The price band for Vishal Mega Mart IPO is ₹74 to ₹78 per equity share.
What is the lot size of Vishal Mega Mart IPO?
The minimum bid (lot size) for Vishal Mega Mart IPO is N/A shares with an investment of approx ₹14,820 .
What is the allotment date of Vishal Mega Mart IPO?
The allotment date for Vishal Mega Mart IPO is 16 Dec, 2024.
What is the listing date of Vishal Mega Mart IPO?
The listing date for Vishal Mega Mart IPO is expected to be 18 Dec, 2024.
What is the GMP of Vishal Mega Mart IPO?
The latest Grey Market Premium (GMP) for Vishal Mega Mart IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.