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Vishal Mega Mart IPO: Check GMP, Price Band, Allotment Dates Here

Vishal Mega Mart Limited IPO offers shares at ₹74 to ₹78, with ₹25 Grey Market Premium. Available in 190 share lots, the subscription runs from December 11 to December 13, 2024.
Vishal Mega Mart Ltd IPO: Key GMP updates unveiled! Stay informed and find details now!
Vishal Mega Mart Ltd IPO: Key GMP updates unveiled! Stay informed and find details now!

Vishal Mega Mart Limited IPO has ₹25 Grey Market Premium as of December 10, 2024, with a price range of ₹74 to ₹78 per share. Offering lots of 190 shares, the subscription window is open from December 11 to December 13, 2024. 

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Vishal Mega Mart Limited IPO GMP Today

The Grey Market Premium (GMP) for Vishal Mega Mart Limited is ₹25 as of December 10, 2024. This assessment coincides with a price of ₹74 to ₹78 per share for the IPO.

Vishal Mega Mart Limited IPO Review

Vishal Mega Mart Limited has shown steady revenue growth, increasing from ₹55,885.15 lakhs in March 2022 to ₹75,860.37 lakhs in March 2023, with ₹50,325.13 lakhs in the first half of FY24. Profitability has also improved, with PAT rising to ₹2,541.37 lakhs by September 2024.

The company has shown a consistent increase in equity, with a rise in EPS from ₹0.45 to ₹0.55. Return on Net Worth has also grown from 4.18% to 4.29%, reflecting an improved ability to generate returns. The increase in total assets suggests positive business growth and expansion potential.

To get a full IPO review, click here Vishal Mega Mart IPO

Vishal Mega Mart Limited IPO Date

Vishal Mega Mart Limited will start accepting subscriptions from December 11 to December 13, 2024.

Vishal Mega Mart Limited IPO Price

Vishal Mega Mart Limited’s price range is at ₹74 to ₹78 per share with a face value of ₹10 each.

Vishal Mega Mart Limited

Vishal Mega Mart, established in 2001, is a hypermarket chain offering a wide variety of products, including apparel, groceries, electronics, and home essentials. With 645 stores across 28 states, the company targets middle and lower-middle-income consumers. It operates an asset-light model, leasing stores and sourcing products from third-party vendors.

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How To Apply For Vishal Mega Mart Limited IPO?

To apply for the Vishal Mega Mart Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Vishal Mega Mart Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Vishal Mega Mart Limited IPO at Alice Blue in just a few clicks!

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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