Vishal Mega Mart Limited
ListedMainboardConsumer Discretionary / Retail · NSE / BSE
Incorporated in 2001, Vishal Mega Mart is a leading hypermarket chain offering a wide range of products including apparel, groceries, electronics, and home essentials, primarily serving middle and lower-middle-income consumers. As of September 30, 2024, the company operates 645 stores across 414 cities in 28 states and two union territories, following an asset-light model by leasing its stores and distribution centers while sourcing goods from third-party vendors and brands. Vishal Mega Mart strengthens accessibility through its mobile app, website, and direct local delivery service, which has 6.77 million registered users across 600 stores in 391 cities. Ranked among India’s top two offline-first diversified retailers, the company employs 16,537 people and offers an extensive portfolio of in-house brands across apparel, general merchandise, and FMCG categories.
Price Band
₹74 – ₹78
Issue Size
₹8000 Cr
Lot Size
190 shares
GMP
₹22
+28.2%
Est. Listing
₹100
at current GMP
Subscribed
28.77x
overall
Open
11 Dec 2024
Close
13 Dec 2024
Allotment
16 Dec 2024
Refund
17 Dec 2024
Demat Credit
18 Dec 2024
Listing
18 Dec 2024
Last updated 12 months ago
Overall Subscription
28.77x
Total Demand
QIB Multiplier
85.11x
Institutions & Funds
NII / HNI
15.01x
High Net-Worth
Retail (RII)
2.43x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 205,128,206 | 17,458,559,260 | 85.11x |
| NIB | 153,846,154 | 2,309,991,880 | 15.01x |
| HNIs(10L +) | 102,564,103 | 1,778,281,440 | 17.34x |
| HNIs (2-10L) | 51,282,051 | 531,710,440 | 10.37x |
| RETAIL | 358,974,359 | 873,966,560 | 2.43x |
| Total | 871,794,873 | 22,952,509,580 | 28.77x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 1,889,339 | 4,599,824 | 2.43x |
| HNIs(10L +) | 38,558 | 668,527 | 17.34x |
| HNIs (2-10L) | 19,279 | 199,891 | 10.37x |
| Total Applications | 1,947,176 | 5,468,242 | 2.81x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Vishal Mega Mart Limited Public Issue & Market Profile
Vishal Mega Mart Limited is bringing an initial public offering (IPO) in the Consumer Discretionary / Retail sector with an aggregate issue size of ₹8,000 Crores. The shares are offered at a price band of ₹74 to ₹78 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2024-12-13, the basis of allotment is scheduled to be finalized on 2024-12-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (M. Murali Krishna) or the BSE allotment checking window.
Frequently Asked Questions
What is Vishal Mega Mart Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Vishal Mega Mart Limited IPO is ₹22 per equity share. Based on the upper price band of ₹74 to ₹78 per equity share, the estimated listing price is ₹100 (+28.2% expected listing gain).
What is the expected profit per lot for Vishal Mega Mart Limited IPO?
With a lot size of 190 shares and current GMP of ₹22, the expected profit per application lot is approx ₹4,180 (+28.2% gain). Minimum application cost is approx ₹14,820.
What is the issue size and price band for Vishal Mega Mart Limited IPO?
The Vishal Mega Mart Limited IPO aggregate issue size is ₹8,000 Crores with an equity price band set at ₹74 to ₹78 per equity share. The retail lot size is 190 shares requiring a minimum capital outlay of approx. ₹14,820.
How can I check Vishal Mega Mart Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 28.77x (Retail: 2.43x, QIB: 85.11x, NII: 15.01x). You can track live multiples directly on our dedicated subscription page.
Where and when will Vishal Mega Mart Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (M. Murali Krishna) and the BSE status verification website on or around 2024-12-16. Investors can verify status using PAN card or application number.
When is the listing date for Vishal Mega Mart Limited IPO?
Vishal Mega Mart Limited shares are scheduled to list on NSE and BSE on 2024-12-18.