Vishal Mega Mart Limited is coming up with an IPO, offering to sell 102.56 crore shares worth INR 8,000 crores. The company aims to achieve the benefits of listing equity shares.
Vishal Mega Mart IPO – Important Dates
| Vishal Mega Mart Limited IPO Date | December 11, 2024 to December 13, 2024 |
| Vishal Mega Mart Limited IPO Listing Date | December 18, 2024 |
| Vishal Mega Mart Limited IPO Price | INR 74-78 per share |
| Vishal Mega Mart Limited IPO Lot Size | 190 Shares |
| Vishal Mega Mart Limited IPO Total Issue Size | INR 8,000 crores |
| Vishal Mega Mart Limited IPO Basis of Allotment | December 16, 2024 |
| Vishal Mega Mart Limited IPO Initiation of Refunds | December 17, 2024 |
| Vishal Mega Mart Limited IPO Credit of Shares to Demat | December 17, 2024 |
| Vishal Mega Mart Limited IPO Issue Type | Book Built Issue IPO |
| Vishal Mega Mart Limited IPO Listing At | BSE NSE |
Read more about Vishal Mega Mart Limited IPO GMP
Vishal Mega Mart Limited IPO – Company Profile
Vishal Mega Mart Limited, a top offline-first diversified retailer, offers apparel, general merchandise, and FMCG through 645 stores, apps, and websites, catering to aspirational middle-income India with rapid growth and nationwide presence.
They employ an asset-light hub-and-spoke model with 19 distribution centres, enabling quick inventory replenishment and leveraging third-party manufacturing and leased facilities. Two stores operate under franchise agreements and have not closed recently.
They prioritise inclusivity and sustainability, employ differently abled personnel, earn the Hellen Keller NCPEDP Award (2019), reduce cardboard in footwear packaging, and offer shampoo refill dispensers to promote eco-friendly consumer practices.
Vishal Mega Mart Ltd IPO Fundamental Analysis
Vishal Mega Mart Limited’s financial analysis reveals a mixed performance. Revenue has grown steadily, supported by increasing equity, profitability, higher EPS, improved RoNW, and asset growth. This reflects strong financial performance and potential business expansion.
- Revenue Trend: The revenue increased from ₹55,885.15 lakhs in March 2022 to ₹75,860.37 lakhs in March 2023. The revenue for the current year’s 6-month period ending September 2024 is INR 50,325.13 lakhs.
- Equity and Liabilities: Equity has shown a consistent increase over the periods, reflecting potential growth and expansion.
- Profitability: The profit after tax (PAT) has significantly increased from ₹2,027.70 lakhs in March 2022 to ₹2,541.37 lakhs by September 2024. This improvement in profitability could be a source of confidence among investors.
- Earnings per Share (EPS): The diluted EPS has risen from ₹0.45 in March 2022 to ₹0.55 by September 2024, reflecting higher earnings per share for investors.
- Return on Net Worth (RoNW): The RoNW has risen from 4.18% to 4.29%, indicating an increase in the company’s ability to generate returns on shareholder equity.
- Financial Position: Total assets have increased, suggesting potential business growth.
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Vishal Mega Mart IPO Financial Analysis
| Particular | As of 31 March 2022 | As of 31 March 2023 | As of 30 September 2024 |
| Revenue (₹ in lakhs) | 55,885.15 | 75,860.37 | 50,325.13 |
| Equity (₹ in lakhs) | 48,251.83 | 51,560.88 | 58,989.90 |
| Expenses (₹ in lakhs) | 53,842.02 | 71,883.62 | 47,117.69 |
| Profit and Loss After Tax (₹ in lakhs) | 2,027.70 | 3,212.73 | 2,541.37 |
| Diluted EPS only (₹) | 0.45 | 0.70 | 0.55 |
| Return on Net Worth (%) | 4.18 | 6.20 | 4.29 |
| NAV per Equity Share (₹) | 10.80 | 11.50 | 13.14 |
| Total Assets (in lakhs) | 82,179.76 | 82,889.08 | 95,517.48 |
| Total Liabilities (in lakhs) | 33,927.93 | 31,328.20 | 36,527.58 |
Vishal Mega Mart Limited IPO Peer Comparison
Vishal Mega Mart, Avenue SuperMart, and Trent Limited are prominent retail companies. Each demonstrates significant consolidated revenues with strong profitability and earnings per share growth, reflecting its leadership in the retail sector.
| Company | Type of financial | Revenue from Operations (₹ in lakhs) | Face Value per Equity Share (₹) | P/E Ratio | EPS (Basic) (₹) | EPS (Diluted) (₹) | RoNW (%) | Net AssetValue (₹) |
| Vishal Mega Mart Limited | Consolidated | 89,119.46 | 10 | – | 1.02 | 1.01 | 8.18 | 12.53 |
| Avenue SuperMart Limited | Consolidated | 507,888.30 | 10 | 98.23 | 38.99 | 38.93 | 13.56 | 287.47 |
| Trent Limited | Consolidated | 123,751.10 | 1 | 163.59 | 41.82 | 41.82 | 39.99 | 104.59 |
Vishal Mega Mart Ltd IPO Objective
The main objective of Vishal Mega Mart Limited is to achieve the benefits of listing equity shares.
Vishal Mega Mart IPO Risks And Challenges
Vishal Mega Mart Limited’s risks include dependency on third-party vendors, potential penalties from regulatory investigations, and challenges in adapting to changing consumer preferences, all of which could impact operations, profitability, and financial stability.
- The company relies on third-party vendors to manufacture its own-brand products, exposing it to risks like supply chain disruptions, cost fluctuations, quality issues, and vendor dependency, which could impact operations, profitability, and financial stability.
- The company received directives from the Directorate of Enforcement regarding foreign investments, business details, and mergers. While no further communication has been received, potential penalties or investigations could impact finances, reputation, and operations.
- Changes in consumer preferences, including trends and product features, may affect demand for their products. An inability to adapt quickly to these changes could harm their market share, consumer loyalty, and financial performance.
Vishal Mega Mart Ltd IPO – Industry & Market Potential
The Indian retail market is projected to grow further, reaching ₹91 trillion by CY2025, driven by demographic shifts, government reforms, rising disposable incomes, urbanization, and digital advancements, aligning consumer behaviours with global trends.
The Aspirational retail segment in India, valued at ₹68-72 trillion in CY2023, is projected to grow to ₹104-112 trillion by CY2028. This growth is driven by consumer demand for quality and affordability, with Apparel and General Merchandise gaining share.
The grocery retail market in India, valued at ₹47 trillion in CY2023, is expected to grow at a 9% CAGR, with Staples & FMCG reaching ₹42 trillion by CY2028. The General Merchandise market will reach ₹6 trillion.
Vishal Mega Mart Limited IPO – Type of Offer
Vishal Mega Mart Limited proposes an offer to sell 102.56 crore existing shares worth INR 8,000 crores, aiming to achieve the benefits of listing the equity shares.
- Offer for sale: Vishal Mega Mart Limited is offering to sell 102.56 crore existing shares worth INR 8,000 crores. The following are the details of the existing shareholder, who is also the promoter selling the shares:
| Name of the promoter selling shareholder |
| Samayat Services LLP |
Vishal Mega Mart IPO Offer Size
The offer size of Vishal Mega Mart Limited is INR 8,000 crores, consisting of an offer to sell 102.56 crore shares worth INR 8,000 crores. The company aims to achieve the benefits of listing the equity shares.
Vishal Mega Mart Limited IPO Allotment Structure
Vishal Mega Mart Limited’s allocation will be as follows: 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Individual Investors (RII) according to SEBI regulations.
● Qualified Institutional Buyers (QIB): As per SEBI regulations, 50% of the shares offered through the IPO will be reserved for Qualified Institutional Buyers. These include entities such as banks, mutual funds, and insurance companies.
● Non-Institutional Investors (NII): 15% of the shares will be reserved for Non-Institutional Investors. These typically include corporate bodies or individuals investing more than Rs.2 lakhs.
● Retail Individual Investors (RII): The remaining 35% of the shares will be allotted to Retail Individual Investors. These individual investors apply for shares with a total value of less than Rs.2 lakhs.
How to apply for Vishal Mega Mart IPO?
To apply for the Vishal Mega Mart Limited IPO through Alice Blue, follow these steps:
Open a Demat and Trading Account: If you don’t have one already, you must open a Demat and trading account with Alice Blue.
- Check for IPO Details: Once your account is active, you can check for the Vishal Mega Mart Limited IPO details in the IPO section of the Alice Blue platform.
- Place the Bid: Enter the number of shares you wish to buy and place your bid within the IPO’s price band.
- Submit the Application: Confirm all your details and submit your application.
You can apply for the Vishal Mega Mart Limited IPO at Alice Blue in just a few clicks!
Check Allotment Status: After the allotment process, you can check the allotment status to see if you have received any shares.
Please note that the allotment of shares is not guaranteed and will depend on the demand for the IPO.
How do you check Vishal Mega Mart IPO Allotment Status?
Checking the allotment status of an IPO in Alice Blue is usually straightforward. Please follow these general steps:
- Log in to your Alice Blue Account: You can do this through the Alice Blue website or the trading app.
- Navigate to the Portfolio or IPO Section: This might differ based on the layout of Alice Blue’s platform, but generally, you can find the status of your IPO application under the ‘Portfolio’ or ‘IPO’ section.
- Find the IPO Allotment Status: Look for a sub-section called ‘IPO Allotment Status’ or something similar. This is where you can see the status of the IPOs you have applied for.
- Select the Vishal Mega Mart Limited IPO: If you have applied for multiple IPOs, there might be a dropdown menu or a list where you can select the IPO you are interested in. Select the Vishal Mega Mart Limited IPO.
- Check the Status: The status of your application should be displayed here. If the shares have been allocated to you, it would be mentioned here.
If you face any issues, we request you to reach out to our customer support team at Alice Blue for detailed assistance.
Apart from Alice Blue, there are other ways to check the allotment status of the Vishal Mega Mart Limited IPO:
● Registrar’s Website: Visit the website of KFin Technologies Limited, the registrar of the Vishal Mega Mart Limited IPO. On the homepage, look for the ‘IPO Allotment Status’ option. You must enter your PAN, application, or Demat account number to check your allotment status. Click on the ‘Submit’ button to view your IPO allotment status.
● BSE NSE: You can also check the allotment status on the official websites of the Bombay Stock Exchange (BSE) National Stock Exchange (NSE). You would need your application number and PAN to check the status.
Please note that the allotment status will only be available after completing the allotment process, a few days after the IPO window closes.
Vishal Mega Mart Ltd IPO Offer Registrar
The registrar for the Vishal Mega Mart Limited IPO is KFin Technologies Limited. They are responsible for ensuring the IPO allotment and refund processes are carried out smoothly.
Contact information for the registrar:
KFin Technologies Limited
Selenium, Tower B, Plot No-31 and 32
Financial District, Nanakramguda,
Serilingampally
Hyderabad, Rangareddi 500 032
Telangana, India
Tel: +91 1800 309 4001/ +91 40 6716 2222
E-mail: [email protected]
Website: www.kfintech.com
Vishal Mega Mart IPO – FAQs
1. What is the allotment date of the Vishal Mega Mart IPO?
The allotment date of the Vishal Mega Mart is December 16, 2024.
2. What is the price band of the Vishal Mega Mart IPO?
The price band of the issue is INR 74-78 per share.
3. What is the size of the Vishal Mega Mart IPO?
The offer size of Vishal Mega Mart Limited is INR 8,000 crores, consisting of an offer to sell 102.56 crore shares worth INR 8,000 crores. The company aims to achieve the benefits of listing the equity shares.
4. What is the listing date of the Vishal Mega Mart IPO?
The listing date of the Vishal Mega Mart is December 18, 2024.
5. Where is the Vishal Mega Mart IPO Getting Listed?
Vishal Mega Mart is getting listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
6. What are the open and close dates of the Vishal Mega Mart Limited IPO?
The open and close dates of the Vishal Mega Mart Limited are December 11, 2024, and December 13, 2024, respectively.
7. How to apply for Vishal Mega Mart Ltd IPO in Alice Blue?
To apply for the Vishal Mega Mart Limited IPO via Alice Blue, open a demat and trading account, check the IPO details, bid within the price band, submit your application, and check the allotment status afterwards. Allotment depends on demand.
8. Who are the Book Runners for the Vishal Mega Mart IPO?
The Book Runners for the Vishal Mega Mart are Kotak Mahindra Capital Company Limited, ICICI Securities Limited and Intensive Fiscal Services Private Limited.
