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.
| For the period Ended | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 31-Sep-24 |
|---|---|---|---|---|
| Total Assets | 8,217.98 | 8,288.91 | 8,506.08 | 9,551.75 |
| Total Revenue | 5,653.85 | 7,618.89 | 8,945.13 | 5,053.42 |
| Profit After Tax | 202.77 | 321.27 | 461.94 | 254.14 |
| Total Borrowing | 497.41 | 133.50 | ||
| ** All Amounts are in ₹ Crores | ||||
| Vishal Mega Mart Limited IPO Date | 11 December 2024 to 13 December 2024 |
|---|---|
| Vishal Mega Mart Limited IPO Face Value | ₹10 per share |
| Vishal Mega Mart Limited IPO Price | ₹74 to ₹78 per share |
| Lot Size | 190 Shares |
| 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 |
| Shareholding Pre-Issue | 4,508,719,493 |
| Shareholding Post-Issue | 4,508,719,493 |
Vishal Mega Mart Limited IPO opens from December 11, 2024 10.00 A.M. to December 13, 2024 5.00 P.M.
| Vishal Mega Mart Limited IPO Opening Date | December 11, 2024 |
|---|---|
| Vishal Mega Mart Limited IPO Closing Date | December 13, 2024 |
| Basis of Allotment | December 16, 2024 |
| Initiation of Refunds | December 17, 2024 |
| Credit of Shares to Demat | December 17, 2024 |
| Vishal Mega Mart Limited IPO Listing Date | December 18, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 13, 2024 |
Retail Individual Investors can apply for Minimum 1 Lot and Maximum 13 lot .
| Lots | No. Of Shares | Total Amount |
|---|---|---|
| 1(Min) | 190 | ₹14,820 |
| 13(Max) | 2470 | ₹192,660 |