Vishal Mega Mart: IPO Overview and Current Share Performance

 Vishal Mega Mart: IPO Overview and Current Share Performance 

Vishal Mega Mart, a prominent hypermarket chain in India, recently made headlines with its Initial Public Offering (IPO) and subsequent stock market performance.  Here's a comprehensive overview:

📈 Vishal Mega Mart Share Price (As of May 19, 2025)

Current Share Price: ₹125.71

52-Week Range: ₹95.99 – ₹133.00

Market Capitalization: Approximately ₹58,135 crore

Earnings Per Share (EPS): ₹1.3

Price-to-Earnings (P/E) Ratio: 92.12

Book Value Per Share: ₹13.92

Return on Equity (ROE): 9.87%

Dividend Yield: 0.00% 

*Note: These figures reflect the company's financial standing as of the current date. *

🏬 Vishal Mega Mart IPO Details

IPO Dates: Opened on December 11, 2024, and closed on December 13, 2024

Price Band: ₹74 – ₹78 per share

Issue Size: ₹8,000 crore

Lot Size: 190 shares

Type of Issue: Entirely an Offer for Sale (OFS) of 102.56 crore shares 

The IPO was met with significant investor interest, leading to substantial oversubscription across all categories.

📊 IPO Subscription Details

Qualified Institutional Buyers (QIBs): 80.75 times

Non-Institutional Investors (NIIs): 14.24 times

Retail Individual Investors (RIIs): 2.31 times

Overall Subscription: 28.75 times 

The overwhelming response indicates strong investor confidence in Vishal Mega Mart's business model and growth prospects.

💹 Grey Market Premium (GMP) Insights

Peak GMP: ₹25 on December 10, 2024

GMP on Listing Day: ₹22

Estimated Listing Price Based on GMP: Approximately ₹100 per share, suggesting a 28.21% premium over the IPO price of ₹78 

The robust GMP reflected positive market sentiment ahead of the stock's debut.

📅 IPO Allotment and Listing Timeline

Allotment Finalization Date: December 16, 2024

Refund Initiation: December 17, 2024

Shares Credited to Demat Accounts: December 17, 2024

Listing Date: December 18, 2024 

Investors could check their allotment status through the registrar, Kfin Technologies, or via the BSE and NSE websites.

🛒 Company Overview

Founded in 2001, Vishal Mega Mart  has established itself as a leading retail chain, offering a diverse range of products including apparel, groceries, electronics, and household items. As of September 30, 2024, the company operated 645 stores across 

414 cities in 28 states and 2 union territories.  Catering primarily to middle- and lower-middle-income groups, Vishal Mega Mart combines its extensive physical presence with an online platform to reach a broad customer base. 

*For the most current updates on Vishal Mega Mart's stock performance and company developments, investors are advised to monitor official financial news sources and the company's announcements.*