Vishal Mega Mart IPO is set to open on December 11, 2024, and will close on December 13, 2024. The Vishal Mega Mart IPO is a Book Built Issue, aiming to raise approximately ₹8,000 crores. This includes a fresh issue of ₹8,000 crores and an offer for sale of up to 1,025,641,025 equity shares. The face value of each share is ₹10.
Vishal Mega Mart IPO Price band is set between ₹74 to ₹78 per share. The quota allocation is 35% for Retail investors, 50% for Qualified Institutional Buyers (QIB), and 15% for Non-Institutional Investors (HNI). Vishal Mega Mart IPO is scheduled to list on BSE & NSE on December 18, 2024, with the allotment announcement on December 16, 2024.
The company reported revenue of ₹8945.13 crores in 2024, compared to ₹7618.89 crores in 2023. It posted a Profit of ₹461.94 crores in 2024, compared to a Profit of ₹321.27 crores in 2023. Based on the financials, IPO investors are advised to apply for the IPO for gains in the long term.
- Vishal Mega Mart IPO Details
- Vishal Mega Mart IPO Market Lot
- Vishal Mega Mart IPO Dates
- About Vishal Mega Mart
- Promoters of Vishal Mega Mart
- Vishal Mega Mart Financial Report
- Key Performance Indicator
- Peer Group Comparison
- Objective of the Issue
- Vishal Mega Mart IPO GMP (Grey Market Premium)
- Vishal Mega Mart Subscription Status
- Vishal Mega Mart Allotment Status
- IPO Registrar
- IPO Lead Managers
- Vishal Mega Mart Contact
- FAQs
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 Market Lot
Vishal Mega Mart IPO has a minimum lot size of 190 shares, with an amount of ₹14,820.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 190 | ₹14,820 |
| Retail Maximum | 13 | 2470 | ₹192,660 |
| S-HNI Minimum | 14 | 2,660 | ₹207,480 |
| B-HNI Minimum | 68 | 12,920 | ₹1,007,760 |
Vishal Mega Mart IPO Dates
Vishal Mega Mart IPO opens on December 11, 2024, and closes on December 13, 2024. The allotment will be announced on December 16, 2024, and the IPO will be listed on December 18, 2024.
| 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 |
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.
Promoters of Vishal Mega Mart
- Samayat Services LLP
- Kedaara Capital Fund II LLP
Vishal Mega Mart Financial Report
| 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 | NA | NA | 133.50 | 497.41 |
| Amount in ₹ Crores | ||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | -% |
| ROCE | 68.76% |
| EBITDA Margin | 14.01% |
| PAT Margin | 5.18% |
| Debt to equity ratio | – |
| Earning Per Share (EPS) | ₹1.02 (Basic) |
| Price/Earning P/E Ratio | N/A |
| Return on Net Worth (RoNW) | 8.18% |
| Net Asset Value (NAV) | ₹12.53 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Avenue Supermarts Limited | 38.99 | 107.05 | 13.56 | 287.47 | 50,788.83 Cr. |
| Trent Limited | 41.82 | 186.65 | 39.99 | 104.59 | 12,375.11 Cr. |
Objective of the Issue
- The company will not receive any proceeds from the Offer for Sale, as the entire amount, after deducting offer-related expenses and applicable taxes, will be allocated to the Promoter Selling Shareholder.
Vishal Mega Mart IPO GMP (Grey Market Premium)
To check real-time Grey Market Premium (GMP on IPO) of Vishal Mega Mart, please visit the IPO GMP page.
Vishal Mega Mart Subscription Status
This IPO subscription kicks off on December 11, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Vishal Mega Mart Allotment Status
To check the Vishal Mega Mart IPO allotment status, visit the IPO registrar website Kfin Tech or go to the IPO Allotment page.
IPO Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 1800 309 4001/ +91 40 6716 2222
E-mail: vmm.ipo@kfintech.com
Website: www.kfintech.com
IPO Lead Managers
KOTAK MAHINDRA CAPITAL COMPANY LIMITED
1st Floor, 27 BKC, Plot No. C – 27, “G” Block, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051, Maharashtra, India
Phone: +91 22 4336 0000
Email: vmm.ipo@kotak.com
Website: www.investmentbank.kotak.com
Vishal Mega Mart Contact
VISHAL MEGA MART LIMITED
Plot No. 184, Fifth Floor Platinum Tower,
Udyog Vihar Phase-1 Gurugram 122016 Haryana, India
Phone: +91 124- 4980000
Email: secretarial@vishalwholesale.co.in
Website: www.aboutvishal.com
FAQs
What is Vishal Mega Mart’s IPO?
It is a mainline IPO through which the company aims to raise ₹8,000 crores. The issue is priced between ₹74 and ₹78 per equity share and will be listed on both the BSE and NSE.
When will Vishal Mega Mart’s IPO open for subscription?
The IPO will open for subscription on December 11, 2024, and close on December 13, 2024, for QIBs, NIIs, and retail investors.
What is the investor allocation for Vishal Mega Mart’s IPO?
The investor allocation is divided as follows: 50% for QIBs, 15% for NIIs, and 35% for retail investors.
How can you apply for Vishal Mega Mart’s IPO?
You can apply for the Vishal Mega Mart’s IPO online via ASBA through your bank account or UPI via your stockbroker. Additionally, offline applications can be made by submitting a physical form through your stockbroker.
What is the issue size of Vishal Mega Mart’s IPO?
The issue size of Vishal Mega Mart’s IPO is ₹8,000 crores.
Note: Vishal Mega Mart’s IPO price band and date have been officially announced. Vishal Mega Mart’s IPO Grey Market Premium (GMP) will be added to the IPO GMP page as soon as it becomes available.
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