1) Please give us an overview of Vishal Mega Mart’s business.
Vishal Mega Mart is a one-stop destination for middle-income and lower-middle income consumers in India. Its product range includes both in-house and third-party brands and covers three main categories: apparel, general merchandise and fast-moving consumer goods (FMCG).
2) What is the industry overview of Vishal Mega Mart?
India’s aspirational retail market was valued at Rs 68-72 trillion in 2023 and is projected to reach Rs 104-112 trillion by 2028, growing at a CAGR of 9%. The shift to organized retail is driven by higher quality expectations, wider product assortments, better pricing (especially in FMCG), urbanization, and opportunities for expansion of organized players. Promoted by
3) What is the current GMP of Vishal Mega Mart?
According to market analysts, Vishal Mega Mart’s current GMP is Rs 19, implying a 24% premium over the issue price.
4) How big is Vishal Mega Mart IPO?
The Rs 8,000-crore Vishal Megamart is the biggest IPO of the year after Hyundai Motor India’s Rs 27,000-crore issue, Swiggy’s Rs 11,000-plus issue and NTPC Green Energy’s Rs 10,000-crore issue. Become one of the.
5) What is the price range of Vishal Mega Mart IPO?
The company has fixed the price band at Rs 74-78 per share and investors can bid for 34 shares in one lot.
6) What is the structure of Vishal Mega Mart IPO?
Approximately 50% of the offering amount will be reserved for qualified institutional investors, 35% for retail investors and the remaining 15% for non-institutional investors.
7) What is the financial status of Vishal Mega Mart?
For the six months ended September 2024, Vishal Mega Mart’s profit rose 30% year-on-year to Rs 254 million, while operating revenue for the same period rose 19% year-on-year to Rs 505.3 billion.
8) What is the objective of Vishal Mega Mart IPO?
An IPO is a full offer for sale (OFS), so all proceeds go to the selling shareholders.
9) Who is the bookrunning lead manager for Vishal Mega Mart IPO?
Kotak Mahindra Capital Company, ICICI Securities, Intensive Fiscal Services, Jefferies India, JPMorgan India and Morgan Stanley India are the lead bookrunning managers for this issue.
10) When is the share allotment and listing date for Vishal Mega Mart IPO?
The allotment of shares in the IPO is expected to be completed on December 16th, and the company plans to list on the stock exchange on December 18th.
