Vishal Mega Mart IPO Details
The key details of Vishal Mega Mart’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹8,000 Cr |
| Price Range | ₹74 - ₹78 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 190 |
| Investment (cut-off price) | ₹14,820 |
| Pre IPO Promotor Holding | 96.46% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Vishal Mega Mart IPO Timelines
The IPO process for Vishal Mega Mart includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
11/12/2024
Start Date13/12/2024
End Date17/12/2024
Refund Initiation17/12/2024
Credit of Shares to Demat Ac18/12/2024
Listing DateVishal Mega Mart IPO Lot Size
The Vishal Mega Mart IPO has a fixed lot size of 190 shares, at an upper price band of ₹78 per share, requiring ₹14,820 per lot for retail investors. Retail investors can apply for a maximum of 2,470 shares worth ₹192,660. For Small HNI (S-HNI), the minimum application starts at 2,660 shares (₹207,480) up to 12,730 shares (₹992,940), while Big HNI (B-HNI) requires a minimum of 12,920 shares amounting to ₹1,007,760.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 190 | ₹14,820 |
| Retail Maximum | 13 | 2470 | ₹192,660 |
| S-HNI Minimum | 14 | 2660 | ₹207,480 |
| S-HNI Maximum | 67 | 12730 | ₹992,940 |
| B-HNI Minimum | 68 | 12920 | ₹1,007,760 |
Vishal Mega Mart IPO Subscription Status
The subscription status for Vishal Mega Mart IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 85.11x | 15.01x | 2.43x | -- | 28.75x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹104 | ₹111.93 | ₹114.40 | ₹104 |
Vishal Mega Mart IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹5,653.85 | ₹5,384.20 | ₹202.77 |
| FY 2023 | ₹7,618.89 | ₹7,188.36 | ₹321.27 |
| FY 2024 | ₹8,945.13 | ₹8,324.18 | ₹461.94 |
| FY 2025 (3 M) | ₹2,603.98 | ₹2,403.21 | ₹150.15 |
About Company
Vishal Mega Mart, established in 2001 and incorporated in 2010, is a prominent low-cost retail chain catering to price-sensitive customers in India. Offering a diverse product range, including apparel, groceries, electronics, and personal care items, the company has a significant presence in tier-II and tier-III cities. With 645 franchised stores across 414 cities as of September 30, 2024, Vishal Mega Mart spans over 11 million square feet of retail space, positioning itself as a key player in the value retail segment. Supported by its acquisition by Switzerland’s Partners Group and India’s Kedaara Capital in 2018, the company continues to focus on affordable and accessible retail solutions.
India’s retail market, projected to reach USD 1.7 trillion by 2026, offers immense growth opportunities, especially in the value retail segment driven by a growing middle class. Vishal Mega Mart’s strategic focus on non-metro cities taps into an underserved customer base, while its affordable pricing aligns with consumer needs. As e-commerce adoption grows in India, the company is well-placed to enhance its online platform, creating a seamless integration between its physical stores and digital presence, further expanding its reach and competitiveness in the market.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2010 | Retailing | Gunender Kapur |
Know Before Investing
Vishal Mega Mart IPO Strengths
- Vishal Mega Mart is a prominent player in India’s value retail segment, leveraging its expansive store network and loyal customer base to maintain a competitive edge.
- The company showcases steady revenue growth and stable profitability, positioning itself as a reliable investment choice over loss-making competitors.
- A strong focus on debt reduction reflects prudent financial management, enhancing financial stability and minimizing leverage-related risks.
Vishal Mega Mart IPO Risks
- Intense rivalry from players like Reliance Retail and DMart may impact market share and pricing.
- Reduced consumer spending in non-metro areas could affect revenue.
- Rising online shopping trends require significant investments to compete with Amazon and Flipkart.
Swot Analysis for Vishal Mega Mart IPO
Strengths
Broad Product Range, Extensive Store Network, Competitive Pricing, Strong Brand Recognition
Weaknesses
Poor Product Quality Maintenance, High Operational Costs, Dependence on Domestic Market
Opportunities
Expansion into New Markets, Growing E-commerce Sector, Strategic Partnerships
Threats
Intense Competition, Economic Fluctuations, Regulatory Compliance Risks
Company 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/
IPO Registar Details
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: vmm.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
FAQs
The key objectives of Vishal Mega Mart IPO are:
- Achieve the benefits of listing the Equity Shares on the Stock Exchanges
Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited, ICICI Securities Limited, Intensive Fiscal Services Private Limited, Jefferies India Private Limited, Morgan Stanley India Company Private Limited are the book-running lead managers for the Vishal Mega Mart IPO.