₹10,400 crore: Vishal Mega Mart sees mega block deal; shares down over 3%; check details

Shares changed hands at an average price of ₹115 per share, taking the total transaction value to ₹10,488 crore, the report added.

Earlier, the business channel reported that Samayat Services LLP, the promoter entity of supermarket chain Vishal Mega Mart Ltd, was likely to offload a considerable stake in the company through block deals.

At 10:37 AM, the stock was trading at ₹120.85, down over 3% on the NSE.

Vishal Mega Mart debuted on the stock exchanges on December 18, 2024.

Shares of the company jumped 41% in debut trade against the issue price of ₹78.

The stock listed at ₹110, rallying 41% from the issue price on the BSE. Later, it surged 42.24% to ₹110.95.

At the NSE, it listed at ₹104, a jump of 33.33% from the issue price.

The ₹8,000 crore initial public offering (IPO) of Vishal Mega Mart received 27.28 times subscription by the closing day of bidding.

The IPO had a price range of ₹74-₹78 apiece.

The IPO of the Gurugram-based supermart major was entirely an offer-for-sale (OFS) of shares by promoter Kedaara Capital-led Samayat Services LLP, Samayat Services LLP, with no fresh issue of equity shares.

Vishal Mega Mart's product range includes both in-house and third-party brands, covering three key categories – apparel, general merchandise, and fast-moving consumer goods.

As of June 30, 2024, it operates 626 Vishal Mega Mart stores across India, along with a mobile app and website.

Vishal Mega Mart Q4 FY25 Results

According to news reports, Vishal Mega Mart reported an 88% year-on-year (YoY) increase in net profit at ₹115.1 crore for the March 2025 quarter compared to ₹61.2 crore logged in the March 2023 quarter.

Revenue from operations rose 23.2% to ₹2,547.9 crore against ₹2,068.9 crore registered in Q4 FY24. At the operating level, EBITDA increased by 42.6% to ₹357 crore from ₹250.5 crore seen in the year-ago period.