Vishal Mega Mart IPO (Vishal Mega Mart Limited IPO)
Vishal Mega Mart IPO open for bidding on 11th December 2024 and ends on 13th December 2024.
Vishal Mega Mart Limited is a leading retail chain in India, focusing on delivering high-quality products at competitive prices. Established originally as Rishanth Wholesale Trading Private Limited, the company underwent multiple transformations to become a prominent player in the Indian retail market. Its registered and corporate office is located in Gurugram, Haryana.
The company operates an extensive network of stores across India, offering a diverse product portfolio ranging from apparel and home essentials to groceries and electronics. Leveraging its strong supply chain and customer-centric approach, Vishal Mega Mart caters to the growing needs of India’s aspirational consumer base.
Promoted by Samayat Services LLP and Kedaara Capital Fund II LLP, the company aims to expand its footprint further by enhancing its technological capabilities and strengthening its operational efficiency. Vishal Mega Mart’s strategic focus remains on capturing a larger share of India’s rapidly evolving retail landscape.
For more details refer to Vishal Mega Mart IPO RHP and Vishal Mega Mart IPO Pulse Score
Vishal Mega Mart IPO Details
| IPO Date | 11th December 2024 to 13th December 2024 |
| Listing Date | 18th December 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹74 to ₹78 per share |
| Lot Size | 190 Shares |
| Total Issue Size | [•] shares (aggregating up to ₹8,000.00 Cr) |
| Offer for Sale | [•] shares of ₹10 (aggregating up to ₹8,000.00 Cr) |
| Issue Type | Book Built Issue IPO |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | <50% |
| NII | >15% |
| bNII | 10% |
| sNII | 5% |
| Retail | >35% |
Vishal Mega Mart IPO Timeline
| IPO Open | 11th December 2024 |
| IPO Close | 13th December 2024 |
| Basis Of Allotment | 16th December 2024 |
| Initiation of Refunds | 17th December 2024 |
| Credit of Shares to Demat | 17th December 2024 |
| Listing Date | 18th December 2024 |
Fundamentals
Data as of 30th September 2024
| Market Cap | ₹35,168.01 Cr | P/E Ratio- Pre IPO | 76.13 |
| RoNW* | 4.29% | P/E Ratio- Post IPO | 69.19 |
| RoCE* | 29.77% | P/B Ratio | 6.23 |
| Debt to Equity | – | PAT Margin | 5.05% |
Note: P/E Ratio -Pre IPO is calculated based on Pre-issue Shareholding and FY Earnings of March 2024. P/E Ratio- Post IPO is calculated based on post-issue shareholding and annualized FY earnings for September 2024. RoCE and RoNW are for six-month period ended September 30, 2024
Vishal Mega Mart IPO Objectives
The Company will not receive any proceeds from the Offer for sale and all proceeds will go to the Selling Shareholders.
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