Check out the Vishal Mega Mart IPO GMP (Grey Market Premium) as of today. The GMP on IPO for Vishal Mega Mart has started off strong. Stay tuned for the latest updates on Vishal Mega Mart IPO GMP.
Vishal Mega Mart IPO is set to open on December 11, 2024. The Vishal Mega Mart IPO is a SME IPO. The Vishal Mega Mart IPO Price band is fixed at ₹74 to ₹78 with a lot of 190 shares.
About Vishal Mega Mart IPO
Incorporated on May 31, 2010, Vishal Mega Mart has established itself as one of India’s leading supermarket chains catering to the daily needs of families. The company offers a diverse range of in-house and third-party products across three primary categories: clothing, general merchandise, and fast-moving consumer goods (FMCG). As of June 30, 2024, Vishal Mega Mart proudly operates 626 stores across India, complemented by a user-friendly app and website for convenient shopping.
The company is dedicated to providing variety, affordability, quality, and convenience. In the clothing segment, it offers a wide selection of apparel including t-shirts, shirts, denim, nightwear, innerwear, western wear, formal wear, and ethnic wear for men, women, children, and infants. Its general merchandise portfolio encompasses home appliances, crockery, utensils, home furnishings, toys, stationery, travel essentials, and footwear. Meanwhile, the FMCG segment includes both food and non-food products.
Vishal Mega Mart’s own brand has demonstrated significant revenue contributions, achieving 74.09%, 71.81%, 70.50%, and 70.20% over three-month intervals, as of June 30, 2024.
Vishal Mega Mart IPO GMP Live Rates
| Date | IPO GMP |
|---|---|
| December 18, 2024 | ₹ 22 (28.21%) |
| December 17, 2024 | ₹ 22 (28.21%) |
| December 16, 2024 | ₹ 20.50 (26.28%) |
| December 15, 2024 | ₹ 19 (24.36%) |
| December 14, 2024 | ₹ 19 (24.36%) |
| December 13, 2024 | ₹ 19 (24.36%) |
| December 12, 2024 | ₹ 16 (20.51%) |
| December 11, 2024 | ₹ 21 (26.92%) |
| December 10, 2024 | ₹ 19 (24.36%) |
| December 9, 2024 | ₹ 25 (32.05%) |
| December 8, 2024 | ₹ 23 (29.49%) |
| December 7, 2024 | ₹ 19 (24.36%) |
Vishal Mega Mart IPO Details
| Overview Points | Description |
|---|---|
| Company Name | Vishal Mega Mart Limited |
| Industry | Retail and Consumer Goods |
| IPO Issue Type | Book Built Issue |
| Open Date | December 11, 2024 |
| Close Date | December 13, 2024 |
| Total Issue Size | Approx ₹8,000 Crores |
| Fresh Issue | Approx ₹8,000 Crores |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹74 to ₹78 Per Share |
| Listing on | BSE & NSE |
| Lot Size | 190 Shares Per Lot |
| Offer for Sale | Approx 1,025,641,025 Equity Shares |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Vishal Mega Mart IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | December 11, 2024 |
| IPO Close Date | December 13, 2024 |
| Basis of Allotment | December 16, 2024 |
| Refunds | December 17, 2024 |
| Credit to Demat Account | December 17, 2024 |
| IPO Listing Date | December 18, 2024 |
FAQs
What is the Current GMP for Vishal Mega Mart IPO?
The Vishal Mega Mart IPO GMP is ₹ 19 as of today.
What are the Expected Returns for Vishal Mega Mart IPO?
The expected returns for Vishal Mega Mart IPO are 24%.
Disclaimer:
- The IPO Grey Market Premium (Vishal Mega Mart IPO GMP) mentioned is applicable only for the specific date noted above.
- We do not participate in buying or selling IPO forms in the Grey Market.
- Please do not base your decision to subscribe to an IPO solely on the premium price, as it may fluctuate before the listing. Always consider the company’s fundamentals before investing.
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