Vishal Mega Mart Limited is one of India’s leading value retail chains, known for offering affordable apparel, general merchandise, and FMCG (fast-moving consumer goods) products. The company primarily caters to price-sensitive customers in non-metro and semi-urban areas, but it also serves urban markets.
Key Features of Vishal Mega Mart:
- Store Network: The company operates 626 stores across India, making it a significant player in the retail sector. It has a strong presence in Tier II and Tier III cities.
- Product Range: Vishal Mega Mart focuses on providing a wide variety of in-house brands alongside other merchandise. Approximately 71.81% of its revenue in FY24 came from its own brands.
- Revenue and Growth:
- FY24 Revenue: ₹6,399 crore, reflecting consistent growth in operations.
- Revenue CAGR: Grew at a compound annual growth rate of 27.72% between FY22 and FY24.
- Business Model: The company combines physical retail with a digital presence through its e-commerce platform, aiming to compete with online-only players like Flipkart and Amazon.
- Ownership and Backing: Vishal Mega Mart is backed by Kedaara Capital and Partners Group, showcasing strong financial and strategic support.
Vishal Mega Mart Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 11 Dec 2024 |
| IPO Close Date | 13 Dec 2024 |
| Allotment Date | 16 Dec 2024 |
| IPO Listing Date | 18 Dec 2024 |
Vishal Mega Mart Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 74 to Rs. 78 Per Equity Share |
| Market Lot | 190 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 8000 Crore. |
Vishal Mega Mart Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 190 | Rs. 14820 |
| Maximum | 13 | 2470 | Rs. 192660 |
| Small HNI (Minimum) | 14 | 2660 | Rs. 207480 |
| Big HNI (Minimum) | 67 | 12920 | Rs. 1007760 |
Vishal Mega Mart Limited IPO Allotment Status
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Company Financials:
| Particular | 31 March 2024 | 31 March 2023 | 31 March 2022 |
| Total Assets | 8506.08 | 8288.91 | 8217.98 |
| Total Revenue | 8945.13 | 7618.89 | 5653.85 |
| Profit After Tax | 461.94 | 321.27 | 202.77 |
Company Promoters:
Samayat Services LLP and Kedaara Capital Fund II LLP are the promoters of the Company.
Objects of this Issue:
- The Company will not receive any proceeds of the Offer for Sale by the Promoter Selling Shareholder. The Promoter Selling Shareholder will be entitled to the entirety of proceeds of the Offer for Sale after deducting its portion of the Offer related expenses and the relevant taxes thereon.
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Vishal Mega Mart Limited Plot No. 184, Fifth Floor Platinum Tower, Udyog Vihar Phase-1 Gurugram 122016 Phone: +91 124 – 4980000 Email: secretarial@vishalwholesale.co.in Website: https://www.aboutvishal.com | Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: vmm.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus |
