Vishal Mega Mart IPO GMP Today, Vishal Mega Mart IPO Grey Market Premium Updates | Vishal Mega Mart IPO, Latest target, Opening gain
Vishal Mega Mart IPO began on – Dec 11, 2024. It will close on –Dec 13, 2024. The Total IPO Size is ₹ 8,000.00 Crore Approx. The company set its IPO price is ₹74 to ₹78 per share Per Share. There are three basic categories in Vishal Mega Mart IPO Subscription:- 1) Qualified Institutional Buyers. 2) Non-Institutional Investors. 3) Retail.
Incorporated In 2001, Vishal Mega Mart is a hypermarket chain that sells a wide range of products like apparel, groceries, electronics, and home essentials.
The company targets middle and lower-middle-income people, through a Pan India network of 645 Vishal Mega Mart stores (as of September 30, 2024) and their Vishal Mega Mart mobile app and website. As of September 30, 2024, the company has a presence across 414 cities in 28 states and two union territories.
As of September 30, 2024, their direct local delivery service, managed by their employees, had 6.77 million registered users and was available in 600 stores across 391 cities in India.
They own their brands and third-party brands to meet the everyday needs of consumers. The company offers a wide range of products across apparel, general merchandise, and FMCG, including its brands for clothing, home furnishings, travel accessories, kitchen appliances, food, non-food items, and staples.
The company operates an asset-light business model, leasing all its distribution centers and stores, while its products are manufactured by third-party vendors or sourced from third-party brands.
The Company Ranked as one of the top two offline-first diversified retailers in India. As of September 30, 2024, they had 16,537 employees.
Their portfolio of own Brands:
- Apparel: Classics, Fashion, Denim, Ethnic
- General Merchandise: Tandem Home Appliances, Home Select, Home Finery
- FMCG: Savory Products, Staples, Home Care
Their Strengths:
- Serving a Large and Growing Section of the Indian Population
- Consumer-Centric Approach Resulting in a Large and Loyal Consumer Base
- Diverse and Growing Portfolio of their Brands across Product Categories
- Pan-India Presence with a Track Record of Successful Store Growth
- Technology Enabled and Systems Driven Operations
- Professional and Experienced Management Team
- Track Record of Delivering Revenue, Profit Growth and Capital Efficiency
Vishal Mega Mart IPO Details:
| Issuer | Vishal Mega Mart IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: – Dec 11, 2024 | |
| Issue Closes: – Dec 13, 2024 | ||
| Price Brand | ₹74 to ₹78 per share | |
| Issue Size | ₹ 8,000.00 Cr | |
| Face Value | ₹10 per share | |
| Market Lot | 190- Shares | |
| Retail (Max) | ₹192,660 | |
| QIB | 50% | |
| HNI | 35% | |
| Retail Individual Bidders | 15% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | Shares-1,025,641,025 | |
Vishal Mega Mart IPO GMP Rates day by day
Vishal Mega Mart IPO Market Lot:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 190 | ₹14,820 |
| Retail (Max) | 13 | 2470 | ₹192,660 |
| S-HNI (Min) | 14 | 2,660 | ₹207,480 |
| S-HNI (Max) | 67 | 12,730 | ₹992,940 |
| B-HNI (Min) | 68 | 12,920 | ₹1,007,760 |
Vishal Mega Mart IPO Date, Allotment & Listing:
| Vishal Mega Mart IPO Opening Date: | December 11, 2024 |
| Vishal Mega Mart IPO Closing Date: | December 13, 2024 |
| Basis of Allotment: | December 16, 2024 |
| Initiation of Refunds: | December 17, 2024 |
| Credit to Demat Account: | December 17, 2024 |
| Listing Date: | December 18, 2024 |
Vishal Mega Mart Limited Financial Information (Restated)
Vishal Mega Mart Limited’s revenue increased by 17.41% and profit after tax (PAT) rose by 43.78% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 9,551.75 | 8,506.08 | 8,288.91 | 8,217.98 |
| Revenue | 5,053.42 | 8,945.13 | 7,618.89 | 5,653.85 |
| Profit After Tax | 254.14 | 461.94 | 321.27 | 202.77 |
| Net Worth | 5,923.74 | 5,646.59 | 5,180.84 | 4,849.93 |
| Reserves and Surplus | 1,390.27 | 1,113.12 | 649.50 | 321.88 |
| Total Borrowing | 133.50 | 497.41 | ||
| Amount in ₹ Crore | ||||
Key Performance Indicator
The market capitalization of Vishal Mega Mart IPO is Rs 35168.01 Cr.
KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROCE | 68.76 |
| RoNW | 8.18 |
| P/BV | 6.23 |
| PAT Margin (%) | 5.18 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 1.02 | 1.13 |
| P/E (x) | 76.13 | 69.19 |
Objects of the Issue (Vishal Mega Mart IPO Objectives)
The Company will not receive any proceeds of the Offer for Sale by the Promoter Selling Shareholder. The Promoter Selling Shareholder will be entitled to the entirety of proceeds of the Offer for Sale after deducting its portion of the Offer related expenses and the relevant taxes thereon.
Vishal Mega Mart IPO ALLOTMENT STATUS
How to Apply for Vishal Mega Mart IPO?
If you’re a new investor Open a DEMAT Account for free with Angel One and build wealth with the best stock choices. Join a 1 million+ family of happy customers.
How to Apply Vishal Mega Mart IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Vishal Mega Mart”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Vishal Mega Mart IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Vishal Mega Mart”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
What is Vishal Mega Mart IPO?
Vishal Mega Mart IPO is a main-board initial public offering of 1,025,641,025 Equity shares of the face value of ₹10 aggregating up to ₹8,000.00 Crores. The issue price of the IPO is ₹74 to ₹78 Per Equity Share. The minimum order quantity is 190 Shares per application and the offer type is Book Built Issue. The IPO opens on –Dec 11, 2024 and closes on –Dec 13, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Vishal Mega Mart IPO opens on –Dec 11, 2024 and closes on –Dec 13, 2024.
How to apply for Vishal Mega Mart IPO?
You can apply in Vishal Mega Mart IPO online using either UPI or ASBA as payment method .Kotak Mahindra Capital Company Limited, ICICI Securities Limited, Intensive Fiscal Services Private Limited, Jefferies India Private Limited, J.P. Morgan India Private Limited and Morgan Stanley India Company Pvt Ltd are the book running lead managers of the Vishal Mega Mart IPO, while Kfin Technologies Limited is the registrar for the issue.
When Vishal Mega Mart IPO allotment?
The finalization of Basis of Allotment for Vishal Mega Mart IPO will be done on –Dec 16, 2024, and the allotted shares will be credited to your demat account by –Dec 17, 2024.
Check the Vishal Mega Mart IPO allotment status.
When is Vishal Mega Mart IPO listing date?
The Vishal Mega Mart IPO listing date is not yet announced. The tentative date of Vishal Mega Mart IPO listing is – Dec 18, 2024.
What is the lot size of Vishal Mega Mart IPO?
Vishal Mega Mart lot size is 190 Shares and the minimum order quantity is 1 Share.