IPO Trending
VMMEQ / NSE, BSEListed

Vishal Mega Mart Limited

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.

₹74 - ₹7828.77x sub
Listed Price104.00
Listing Gain+33.33%
TimelineBookbuilding IPO
Open11 Dec 2024
Close13 Dec 2024
Allotment16 Dec 2024
Listing18 Dec 2024

Quota Reservation Portions

QIBPortion: 20,51,28,206 shares
28.57%
HNIPortion: 15,38,46,154 shares
21.43%
RetailPortion: 35,89,74,359 shares
50%

Minimum Application Bracket Matrix

Retail1 lots / 190 shares
₹14,820
sHNI14 lots / 2,660 shares
₹2,07,480
bHNI68 lots / 12,920 shares
₹10,07,760

About the Company

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.

Company Promoters

Samayat Services LLPKedaara Capital Fund II LLP