Vishal Mega Mart IPO GMP Today, Date, Price, Subscription Status 

Vishal Mega Mart IPO Overview

Vishal Mega Mart IPO is a book built issue of Rs 8,000.00 crores. The issue is entirely an offer for sale of 102.56 crore shares.

Vishal Mega Mart IPO opens for subscription on December 11, 2024 and closes on December 13, 2024. The allotment for the Vishal Mega Mart IPO is expected to be finalized on Monday, December 16, 2024. Vishal Mega Mart IPO will list on BSE, NSE with tentative listing date fixed as Wednesday, December 18, 2024.

Vishal Mega Mart IPO price band is set at ₹74 to ₹78 per share. The minimum lot size for an application is 190 Shares. The minimum amount of investment required by retail investors is ₹14,820. The minimum lot size investment for sNII is 14 lots (2,660 shares), amounting to ₹207,480, and for bNII, it is 68 lots (12,920 shares), amounting to ₹1,007,760.

Kotak Mahindra Capital Company Limited, ICICI Securities Limited, Intensive Fiscal Services Private Limited, Jefferies India Private Limited, J.P. Morgan India Private Limited and Morgan Stanley India Company Pvt Ltd are the book running  lead manager of the Vishal Mega Mart IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Vishal Mega Mart IPO RHP for detailed information.

Vishal Mega Mart IPO Important dates

Vishal Mega Mart IPO opens on December 11, 2024, and closes on December 13, 2024.

IPO Open Date	Wednesday, December 11, 2024
IPO Close Date	Friday, December 13, 2024
Basis of Allotment	Monday, December 16, 2024
Initiation of Refunds	Tuesday, December 17, 2024
Credit of Shares to Demat	Tuesday, December 17, 2024
Listing Date	Wednesday, December 18, 2024
Cut-off time for UPI mandate confirmation	5 PM on December 13, 2024

Vishal Mega Mart IPO Financial Performance

Vishal Mega Mart Limited’s revenue increased by 17.41% and profit after tax (PAT) rose by 43.78% between the financial year ending with March 31, 2024 and March 31, 2023.

Vishal Mega Mart IPO Key Performance Indicator

The market capitalization of Vishal Mega Mart IPO is Rs 35168.01 Cr.

KPI as of March 31, 2024.

Vishal Mega Mart IPO 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 Lot Size

Investors can bid for a minimum of 190 shares and in multiples thereof. The below 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	₹192,660
S-HNI (Min)	14	2,660	₹207,480
S-HNI (Max)	67	12,730	₹992,940
B-HNI (Min)	68	12,920	₹1,007,760

Vishal Mega Mart IPO Details

IPO Date	December 11, 2024 to December 13, 2024
Listing Date	[.]
Face Value	₹10 per share
Price Band	₹74 to ₹78 per share
Lot Size	190 Shares
Total Issue Size	1,025,641,025 shares (aggregating up to ₹8,000.00 Cr)
Offer for Sale	1,025,641,025 shares of ₹10 (aggregating up to ₹8,000.00 Cr)
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE
Share holding pre issue	4,508,719,493
Share holding post issue	4,508,719,493

Vishal Mega Mart IPO Company Overview and Services

Incorporated In 2001, Vishal Mega Mart is a hypermarket chain that sells a wide range of products like apparel, groceries, electronics, and home essentials.

They own their brands and third-party brands to meet the everyday needs of consumers. The company offers a wide range of products across apparel, general merchandise, and FMCG, including its brands for clothing, home furnishings, travel accessories, kitchen appliances, food, non-food items, and staples.

The company targets middle and lower-middle-income people, through a Pan India network of 645 Vishal Mega Mart stores (as of September 30, 2024) and their Vishal Mega Mart mobile app and website. As of September 30, 2024, the company has a presence across 414 cities in 28 states and two union territories.

The company operates an asset-light business model, leasing all its distribution centers and stores, while its products are manufactured by third-party vendors or sourced from third-party brands.

As of September 30, 2024, their direct local delivery service, managed by their employees, had 6.77 million registered users and was available in 600 stores across 391 cities in India.

The Company Ranked as one of the top two offline-first diversified retailers in India. As of September 30, 2024, they had 16,537 employees.

Their portfolio of own Brands:

• Apparel: Classics, Fashion, Denim, Ethnic
• General Merchandise: Tandem Home Appliances, Home Select, Home Finery
• FMCG: Savory Products, Staples, Home Care

Their Strengths:

• Serving a Large and Growing Section of the Indian Population
• Consumer-Centric Approach Resulting in a Large and Loyal Consumer Base
• Diverse and Growing Portfolio of their Brands across Product Categories
• Pan-India Presence with a Track Record of Successful Store Growth
• Technology Enabled and Systems Driven Operations
• Professional and Experienced Management Team
• Track Record of Delivering Revenue, Profit Growth and Capital Efficiency

Vishal Mega Mart IPO SWOT Analysis

Strengths

• Strong Brand Presence: A well-established brand with a significant presence in Tier 2 and Tier 3 cities.
• Diverse Product Portfolio: Offers a wide range of products, including apparel, general merchandise, and beauty and personal care items.
• Robust Financial Performance: Consistent growth in revenue and profitability over the past few years.
• Asset-Light Business Model: Reduces capital expenditure and improves operational efficiency.
• Strong Focus on Private Label Brands: Enhances profitability and brand loyalty.

Weaknesses

• High Dependence on Tier 2 and Tier 3 Cities: Limited presence in Tier 1 cities, which could restrict growth potential.
• Vulnerability to Economic Downturns: Consumer spending patterns can impact sales, especially in lower-income segments.
• Intense Competition: Faces competition from organized and unorganized retailers.

Opportunities

• Expansion into New Markets: Exploring opportunities in untapped markets and expanding geographic reach.
• Strengthening Online Presence: Leveraging e-commerce to reach a wider customer base.
• Strategic Partnerships: Collaborating with other retailers or brands to offer a wider range of products and services.
• Focus on Private Label Brands: Expanding the private label portfolio to increase profitability and brand loyalty.

Threats

• Increasing Competition: Intense competition from organized and unorganized retailers.
• Economic Slowdown: Adverse economic conditions can impact consumer spending and affect sales.
• Supply Chain Disruptions: Global supply chain disruptions can lead to increased costs and product shortages.
• Regulatory Changes: Changes in government regulations can impact the business operations.

By leveraging its strengths, addressing weaknesses, capitalizing on opportunities, and mitigating threats, Vishal Mega Mart has the potential to continue its growth trajectory and deliver value to its shareholders. However, investors should carefully assess the company’s valuation and future growth prospects before making investment decisions.

Vishal Mega Mart IPO GMP Details

Vishal Mega Mart IPO Subscription Status 

Total Application : 13,60,484

Note:

• *: “Shares Offered” and “Total Amount” are calculated based on the upper price of the issue price range.

• **: The portion of anchor investors (or market makers) is not included in the total number of shares offered.

Vishal Mega Mart IPO Allotment status 

The allotment status of Vishal Mega Mart IPO is expected to be available on December 16, 2024.

Vishal Mega Mart IPO allotment status is not available at this time. Vishal Mega Mart IPO – The allotment status will be available once the basis of allotment is finalized. Please revisit us to check the latest updates for Vishal Mega Mart Limited IPO allotment status.

To check Vishal Mega Mart IPO allotment status, follow the steps below:

1. Click on the below allotment status check button.
2. Select Company Name.
3. Enter your PAN Number, Application Number or DP Client ID (Anyone).
4. Click on Search.

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Kfin Technologies Limited either by phone or email. Investors can call on 04067162222, 04079611000 or send an email with all relevant details to vmm.ipo@kfintech.com.

Vishal Mega Mart IPO Contact Details

Vishal Mega Mart Limited
Plot No. 184,
Fifth Floor Platinum Tower,
Udyog Vihar Phase-1 Gurugram 122016
Phone: +91 124 – 4980000
Email: secretarial@vishalwholesale.co.in
Website: https://www.aboutvishal.com/

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

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