Vishal Mega Mart IPO
Vishal Mega Mart IPO is listed on BSE and NSE, priced at ₹74–₹78 per share. The stock debuted at ₹104, delivering a listing gain of 33.3%. The IPO had a lot size of ₹190 shares and a minimum investment of ₹14,820.
Vishal Mega Mart Limited IPO
- IPO Dates
- Dec 11, 2024 – Dec 13, 2024
- Price band
- ₹74-78 per equity share
- Minimum Investment
- ₹14,820
- Issue size
- ₹8000 Cr
- Lot size
- 190
- Allotment Date
- Dec 16, 2024
- Listing
- Dec 18, 2024
- Listing At
- BSE, NSE
IPO timeline
-
Dec 11, 2024
Open Date
Completed
-
Dec 13, 2024
Close Date
Completed
-
Dec 16, 2024
Allotment Date
Completed
-
Dec 18, 2024
Listing Date
Completed
Price Summary
- Last closing
- 122.50 (57.05%)
- 52 week high
- 157.60
- 52 week low
- 98.77
- Last update
Vishal Mega Mart IPO Essentials
Vishal Mega Mart IPO Details
Vishal Mega Mart IPO is priced at ₹74-78 per share with a total issue size of 8000 crore. The IPO has a lot size of 190 shares and is listed on a BSE and NSE.
- Issue price
- ₹74-78 per equity share
- Lot size
- 190 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- OFS : 1,025,641,025 shares of ₹2(aggregating up to ₹8,000 Crores)
- Total issue size
- 1,02,56,41,025 shares
(aggregating up to ₹8000 crore) - Offer for sale (OFS)
- 1,02,56,41,025 shares
(aggregating up to ₹8000 crore) - Listing at
- BSE, NSE
- List price
- 104.0(NSE)
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Kotak Mahindra Capital Company Limited, ICICI Securities Limited, Intensive Fiscal Services Private Limited, Jefferies India Private Limited, J.P. Morgan India Private Limited, Morgan Stanley India Company Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 190 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 190 | ₹14,820 |
| Retail(max) | 13 | 2470 | ₹1,92,660 |
Vishal Mega Mart IPO Reservation
Vishal Mega Mart IPO reservation details show category-wise allocation of shares. Out of the total 1,02,56,41,026 shares, approximately 20% are reserved for QIB, 15% for NII, 35% for retail investors, and 30% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 30,76,92,307 (30%) | |
| QIB Shares Offered | 20,51,28,206 (20%) | |
| NII (HNI) Shares Offered | 15,38,46,154 (15%) | |
| bHNI > ₹10L | 10,25,64,103 (10%) | 38,557 |
| sHNI < ₹10L | 5,12,82,051 (5%) | 19,278 |
| Retail Shares Offered | 35,89,74,359 (35%) | 18,89,338 |
| Total Shares Offered | 1,02,56,41,026 (100%) |
Vishal Mega Mart IPO Analytics
Vishal Mega Mart IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Vishal Mega Mart IPO Subscription Status
Vishal Mega Mart IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
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 |
1.11x
1.16x
1.02x
|
0.53 x | 0.51 x |
|
Day 2
12-12-24 05:00 PM
|
0.48 x |
3.84x
4.18x
3.17x
|
1.16 x | 1.54 x |
|
Day 3
13-12-24 05:00 PM
|
80.75 x |
14.24x
16.45x
9.84x
|
2.31 x | 27.28 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 42,09,552 (Approx) | —x | —x | 2.06x |
Vishal Mega Mart Valuations
Earnings
- EPS Pre IPO
- ₹1.02/-
- EPS Post IPO
- ₹1.13/-
- P/E Pre IPO
- 76.13
- P/E Post IPO
- 69.19
Returns
- ROCE
- 68.76%
- RoNW
- 8.18%
- PAT Margin
- 5.18
Fundamentals
- Price / Book
- 6.23
Vishal Mega Mart Financials( In Crs.)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 8,506.08 | 8,288.91 | 8,217.98 |
| Revenue | 8,945.13 | 7,618.89 | 5,653.85 |
| Profit After Tax | 461.94 | 321.27 | 202.77 |
| Net Worth | 5,646.59 | 5,180.84 | 4,849.93 |
| Reserves & Surplus | 1,113.12 | 649.50 | 321.88 |
Vishal Mega Mart Company & Offer Insights
About Vishal Mega Mart
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 Promoter(s)
Samayat Services LLP, Kedaara Capital Fund II LLP are the company's promoters of Vishal Mega Mart.
Vishal Mega Mart IPO Issue 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 - Anchor Investors
Institutional investors pick Rs 2,400 crore worth shares via anchor book.
Marquee global institutional investors participated in the anchor book included Government of Singapore, Monetary Authority of Singapore, JP Morgan, Custody Bank of Japan, Nomura, Blackrock, Government Pension Fund Global, Schroder International Selection Fund, HSBC Global, TIMF Holdings, CLSA Global, and Prudential Hong Kong.
Domestic institutional investors like SBI Mutual Fund, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Kotak Mahindra AMC, Nippon Life India, Axis Mutual Fund, Aditya Birla Sun Life Trustee, Franklin, Mirae Asset, HDFC Life Insurance, SBI Life Insurance, Canara Robeco MF, Invesco, Tata MF, Max Life Insurance, Bajaj Holdings, UTI MF, Bajaj Allianz General Insurance, Baroda BNP Paribas MF, and Kotak Mahindra Life Insurance also received shares in the anchor list.
Vishal Mega Mart IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Vishal Mega Mart Limited | 1.02 | 1.01 | 12.53 | N/A | 8.18 | N/A | Consolidated |
| Avenue Supermarts Ltd | 38.99 | 38.93 | 287.47 | 98.23 | 13.56 | 15.74 | Consolidated |
| Trent Ltd. | 41.82 | 41.82 | 104.59 | 163.59 | 39.99 | 37.75 | Consolidated |
Notes:
- The P/E ratio for the peer group has been computed based on the closing market price of equity shares on NSE as of December 3, 2024, divided by the Basic EPS for the fiscal year ended March 31, 2024.
- Return on Net Worth (RoNW) % = Profit for the period/year attributable to equity shareholders of the Company divided by net worth as at the end of the period/year.
- Net assets value per share = Net asset value per share is calculated by dividing net worth by the weighted average number of equity shares outstanding at the end of the year/period.
Vishal Mega Mart IPO - Strengths and Risks
Vishal Mega Mart IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Vishal Mega Mart
+91 124 - 4980000
secretarial@vishalwholesale.co.in
Plot No. 184, Fifth Floor Platinum Tower, Udyog Vihar Phase-1 Gurugram 122016
Registrar Contact Details
Kfin Technologies Limited
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Vishal Mega Mart IPO is a book-built IPO worth ₹8000 crore. The price band is ₹74–₹78 per share. The IPO opens on Dec 11, 2024 and closes on Dec 13, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The price band of Vishal Mega Mart IPO is ₹74 to ₹78 per share.
The lot size of Vishal Mega Mart IPO is 190 shares.
The minimum investment for Vishal Mega Mart IPO is approximately ₹14,820 based on the upper price band .
Vishal Mega Mart IPO opens on Dec 11, 2024 and closes on Dec 13, 2024.
The allotment date of Vishal Mega Mart IPO is Dec 16, 2024.
Vishal Mega Mart IPO is expected to be listed on Dec 18, 2024, on BSE and NSE .
Vishal Mega Mart IPO listed on Dec 18, 2024. It was issued at ₹104.0(NSE) and is currently around ₹122.50 as on 29-Apr-2026 3:30 PM, which is approximately 57.1% versus issue price. The 52-week high is ₹157.60.
Based on listing and post-listing performance, Vishal Mega Mart IPO delivered around 57.1% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Vishal Mega Mart IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Vishal Mega Mart IPO valuation snapshot: P/E 69.19, EPS ₹1.13/-, P/B 6.23, RoNW 8.18%, and market cap N/A.
To apply for Vishal Mega Mart IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Vishal Mega Mart IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Vishal Mega Mart IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Vishal Mega Mart IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Vishal Mega Mart IPO allotment status on IPO Ji for quick and easy access.