Vishal Mega Mart IPO Description – Vishal Mega Mart is a one-stop destination catering to middle and lower-middle-income consumers in India. The company offers a diverse range of merchandise through its brands and third-party brands, addressing both aspirational and everyday needs. Its product offerings span three key categories: apparel, general merchandise, and fast-moving consumer goods (FMCG). Vishal Mega Mart serves its customers through a pan-India network of 645 stores, as well as its mobile app and website, providing convenience and accessibility nationwide.
The company is also one of the fastest-growing, leading offline-first diversified retailers in India, based on profit after-tax growth from Financial Years 2021 to 2024. Additionally, it ranks among the top two offline-first diversified retailers in the country in terms of same-store sales growth for the same period. As of 30 September 2024, Vishal Mega Mart has established a pan-India network of 645 stores, spanning 414 cities across 28 states and two union territories.
The number of middle-income households in India grew from approximately 201 million in CY 2018 to around 225 million households (equating to about 945 million individuals) in CY 2023. This growth has been driven by rapid economic development, increased formalization of employment, and a structural shift from an agrarian-based economy towards manufacturing and services.
Promoters of Vishal Mega Mart – Samayat Services LLP, and Kedaara Capital Fund II LLP
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Vishal Mega Mart IPO Details
| Vishal Mega Mart IPO Dates | 11 – 13 December 2024 |
| Vishal Mega Mart Issue Price | INR 74 – 78 per share |
| Fresh issue | NIL |
| Offer For Sale | INR 8,000 crore |
| Total IPO size | INR 8,000 crore |
| Minimum bid (lot size) | 190 shares (INR 14,820) |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Vishal Mega Mart Financial Performance
| FY 2022 | FY 2023 | FY 2024 | H1 FY 2025 | |
| Revenue | 5,588.52 | 7,586.04 | 8,911.95 | 5,032.51 |
| Expenses | 5,384.20 | 7,188.36 | 8,324.18 | 4,711.77 |
| Net income | 202.77 | 321.27 | 461.94 | 254.14 |
| Margin (%) | 3.63 | 4.24 | 5.18 | 5.05 |
Vishal Mega Mart Offer News
- Vishal Mega Mart RHP
- Vishal Mega Mart DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Vishal Mega Mart Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 (Pre Issue) | FY 2025 (Post-Issue)* | |
| EPS | 0.45 | 0.70 | 1.01 | 1.01 |
| PE Ratio | – | – | 73.27 – 77.23 | 73.27 – 77.23 |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 4.18 | 6.20 | 8.18 |
| NAV | 10.80 | 11.50 | 12.53 |
| ROCE (%) | 56.43 | 75.80 | 68.76 |
| EBITDA (%) | 14.38 | 13.45 | 14.01 |
| Debt/Equity | 0.08 | 0.02 | – |
Vishal Mega Mart IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 17 December 2024 | 18 | 1,900 | |
| 16 December 2024 | 18 | – | 1,900 |
| 14 December 2024 | 18 | – | 1,900 |
| 13 December 2024 | 18 | – | 1,900 |
| 12 December 2024 | 21 | – | 2,100 |
| 11 December 2024 | 18 | – | 1,200 |
| 10 December 2024 | 25 | – | 2,400 |
| 9 December 2024 | 20 | – | 2,200 |
| 7 December 2024 | 15 | – | 2,200 |
| 6 December 2024 | 12 | – | – |
Vishal Mega Mart – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Vishal Mega Mart | 77.23 | 1.01 | 8.18 | 12.53 | 8,911.95 |
| Avenue Supermarts | 98.23 | 38.93 | 13.56 | 287.47 | 50,788.83 |
| Trent Limited | 163.59 | 41.82 | 39.99 | 104.59 | 12,375.11 |
Vishal Mega Mart IPO Dates & Listing Performance
| IPO Opening Date | 11 December 2024 |
| IPO Closing Date | 13 December 2024 |
| Finalization of Basis of Allotment | 16 December 2024 |
| Initiation of refunds | 17 December 2024 |
| Transfer of shares to demat accounts | 17 December 2024 |
| Vishal Mega Mart IPO Listing Date | 18 December 2024 |
| Opening Price on NSE | INR 104 per share (up 33.33%) |
| Closing Price on NSE | INR 111.93 per share (up 43.50%) |
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Vishal Mega Mart Offer Lead Manager
KOTAK MAHINDRA CAPITAL COMPANY LIMITED
1st Floor, 27 BKC, Plot No. C – 27, “G” Block, Bandra Kurla Complex,
Bandra (East), Mumbai 400 051, Maharashtra, India
Phone: +91 22 4336 0000
Email: [email protected]
Website: www.investmentbank.kotak.com
Vishal Mega Mart Offer Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 1800 309 4001/ +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Vishal Mega Mart Contact Details
VISHAL MEGA MART LIMITED
Plot No. 184, Fifth Floor Platinum Tower,
Udyog Vihar Phase-1 Gurugram 122016 Haryana, India
Phone: +91 124- 4980000
Email: [email protected]
Website: www.aboutvishal.com
Vishal Mega Mart IPO FAQs
How many shares in Vishal Mega Mart IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for Vishal Mega Mart Public Offer?
The best way to apply for Vishal Mega Mart’s public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Vishal Mega Mart IPO GMP today?
Vishal Mega Mart IPO GMP today is INR 18 per share.
What is the Vishal Mega Mart kostak rate today?
Vishal Mega Mart kostak rate today is INR NA per application.
What is Vishal Mega Mart Subject to Sauda rate today?
Vishal Mega Mart Subject to Sauda rate today is INR 1,900 per application.
