Vishal Mega Mart IPO subscription status started on Wednesday, December 11, 2024, and will close on December 13, 2024. The IPO aims to raise approximately ₹8,000 crores through public issuance. The allocation for investor categories includes 35% for Retail Investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for Non-Institutional Investors (NII). The price band is set at ₹74 to ₹78 per equity share, offering an opportunity for investors to participate in this anticipated offering.
The Vishal Mega Mart IPO requires a minimum market lot of 190 shares, amounting to an application value of ₹14,820. This IPO is classified as a Mainboard IPO and will be listed on the BSE & NSE.
About Vishal Mega Mart
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.
GMP on IPO of Vishal Mega Mart
For the latest updates on Vishal Mega Mart IPO Grey Market Premium (GMP) and GMP of IPOs, please visit our IPO GMP Page. Stay informed on premium trends and investor interest before making your investment decision.
BapuKhabar View on Vishal Mega Mart
We recommend investors consider applying for this IPO with a Long-Term Perspective, as it holds potential for growth in the coming years. However, before committing, it’s wise to review the QIB, NII, and Retail subscription numbers.
Vishal Mega Mart IPO Subscription Status (Day Wise)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.03 | 0.50 | 85.11 |
| NII | 1.18 | 4.05 | 15.01 |
| RII | 0.56 | 1.23 | 2.43 |
| Total | 0.54 | 1.63 | 28.75 |
Investor Insights
Employee Category (EMP): Reserved specifically for eligible employees, providing an opportunity to invest at the IPO price.
Qualified Institutional Buyers (QIB): Typically larger institutions, including mutual funds and banks, this category has shown [interest level, e.g., strong demand].
Non-Institutional Investors (NII): Includes corporate bodies and HNIs who often bid for a significant portion.
Retail Individual Investors (RII): Subscription levels in this category reflect the enthusiasm of individual retail investors.
Vishal Mega Mart IPO Review and Rating
- Recommendation: Apply
- Rating: ★★★★☆ (4/5)
Vishal Mega Mart IPO Forms
How to apply for the Vishal Mega Mart IPO?
You can apply for the Vishal Mega Mart IPO through the ASBA option available in your bank account. Simply log in to your online banking, navigate to the Invest section, and select the Vishal Mega Mart IPO to apply directly. Alternatively, you can apply using IPO forms downloaded online. Download the blank Vishal Mega Mart IPO forms, fill them out, and submit them at your bank or through your broker.
FAQs
When will the Vishal Mega Mart IPO Subscription Start?
The IPO subscription starts on December 11, 2024 for QIB, NII, and Retail Investors.
How to Subscribe to the IPO?
You can subscribe via ASBA or non-ASBA options. Log in to your bank account and apply for the IPO through ASBA, or download the IPO application form, fill it out, and submit it to your broker or bank.
How Can I Check Live Vishal Mega Mart IPO Subscription Numbers Today?
Visit our portal for live IPO subscription updates, which we refresh hourly from official sources. You can also check live subscription data on the official websites associated with the IPO.
How to Apply for the IPO through Zerodha?
- Log in to your Zerodha account (website or app).
- Go to Portfolio and select IPO.
- Select the IPO name and click on the Bid button.
- Enter your UPI ID, quantity, and price, then submit the application.
- Approve the mandate in your UPI app or Net Banking/BHIM App.
How to Apply for the IPO through Upstox?
- Log in to your Upstox account.
- Select the IPO name and click on Bid.
- Confirm your application and go to your UPI app or Net Banking/BHIM App to approve the mandate.
How to Apply for the IPO through Paytm Money?
- Log in to Paytm Money and select the IPO name.
- Click on the Bid button and confirm your application.
- Approve the mandate through your UPI app or Net Banking/BHIM App.
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