DECEMBER 9, 2024

Vishal Mega Mart Limited IPO

Founded in 2001, Vishal Mega Mart is a leading hypermarket chain offering apparel, groceries, electronics and home essentials under its own and third-party brands.

About the company

The IPO opens for subscription on December 11, 2024 and closes on December 13, 2024.

Issue dates

The issue is entirely an offer for sale of 102.56 crore shares worth ₹8,000 crore.

Issue size

The price band is set at ₹74 to ₹78 per share, with a minimum investment of ₹14,820 for a lot of 190 shares.

Price band

The company will not receive proceeds from the offer for sale. The promoter will retain the proceeds after deducting offer-related expenses and applicable taxes.

Purpose of the IPO

According to the RHP, the company’s competitors include Reliance Retail, Avenue Supermarts (DMart) and Trent Ltd.

Key competitors

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