Vishal Mega Mart Limited
|
Lot Size
1 Lot = 190 Qty |
Min Investment
₹14820 |
|
Subscription
Oversubscribed |
Listing Gain
31(Points) |
IPO Details
|
Open Date
Dec 11, 2024 |
Close Date
Dec 13, 2024 |
Allotment Date
Dec 16, 2024 |
|
Allotment Date
Dec 16, 2024 |
Refund Initiation
Dec 17, 2024 |
Demat Transfer
Dec 17, 2024 |
|
Listing Date
Dec 18, 2024 |
Fresh Issue
0 |
Offer For Sale
8000 |
|
Issue Price
₹74 to ₹78 |
Face Value
₹10 |
Issue Type
Fresh Issue |
|
Total Issue Size
8000 CR |
QIB + NII Quota
50 + 15% |
Retail Quota
35% |
|
Listing On
NSE & BSE |
Registrar
KFin Technologies Private Ltd |
Company Financial Rusult In Crore
| PERIOD | ASSET | REVENUE | PROFIT |
|---|---|---|---|
| 30-Sep-2024 | 9551.75 | 5053.42 | 254.14 |
| 31-Mar-2024 | 8506.08 | 8945.13 | 461.94 |
| 31-Mar-2023 | 8288.91 | 7618.89 | 321.27 |
| 31-Mar-2022 | 8217.98 | 5653.85 | 202.77 |
About The Company
Vishal Mega Mart, one of the Indian hypermarket chains with a huge focus on fashion, has been revolutionizing retailing in India since its inception in the year 2001. Fashion that stylish yet not priced in the sky has created an exciting opportunity for serving an all-inclusive target market within Womens, Mens, and Kids. The brand extends its value proposition from the Clothing division to Home and Kitchen appliances and travel gear. A very strong Food and Groceries section with a good range of all essential FMCG products, including personal care and household items.
As of December 31, 2023, Vishal Mega Mart has a strong franchise network of 589 stores in over 350 cities covering more than 10.6 million square feet of retail space. The footprint therefore ensures access for millions of shoppers to everyday needs and lifestyle upgrades.
Strategic Growth and Ownership:
The acquisition of a majority stake by Switzerlands Partners Group and Indias Kedaara Capital in 2018 was the transformative journey that helped Vishal Mega Mart become the growth engine and the efficiency machine that it is today.
Vishal Mega Mart - Strength and Weakness
Strength
- Serving middle-income groups with affordable product portfolios.
- Extensive network of 645 stores across India.
- Technology-driven, efficient, and cost-effective operations management.
- Trust is built through affordability, variety, and quality products.
Weakness
- Adapting to shifting consumer preferences is a challenge.
- Revenue concentrated in a few states poses geographic risks.
- Reliance on third-party vendors for consistent production.