Vishal Mega Mart’s IPO is live from 11 Dec and will close on 13 Dec 2024. It is one of the major companies in the business and comes under the top 3 by space. It is also a profitable company and has made profits over the years. Vishal Mega Mart IPO GMP Today can help you know the estimated listing price in exchanges like NSE and BSE.
Vishal Mega Mart Ltd is primarily engaged in the 3 categories of business i.e. FMCG (fast-moving consumer goods), Apparel, and General merchandise. As per the FY24 report, the company generated maximum revenue i.e. 43.78% from its Apparel business.
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Vishal Mega Mart IPO GMP Today
As of 11 Dec 2024, Vishal Mega Mart IPO GMP (grey market premium) Today is trading at Rs. 19. As per the GMP, the estimated listing price of the IPO in NSE and BSE is Rs. 97.
| Date | Live IPO GMP | EST. Listing Gains | Price Band | IPO Size | Bidding Dates |
|---|---|---|---|---|---|
| 11 Dec 2024 (Today) | ₹19 | ₹97 | ₹74 – ₹78 | ₹8000.00Cr | 11 Dec – 13 Dec 2024 |
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About Vishal Mega Mart Ltd
Vishal Mega Mart Ltd company was incorporated in 2001. The company is engaged in various types of business and sells a wide range of products offline and online as well. The company has a primary category of products i.e. FMCG (fast-moving consumer goods), Apparel, and General merchandise.
As per recent reports, the company has more than 645 stores in 414 cities in India, where 194 stores are in Tear 1 cities, and 451 stores are in Tear 2 cities. The average store size is nearly 18,000 square feet.
The company has it owns 26 brands in the categories of FMCG (fast-moving consumer goods), Apparel, and General merchandise. The company generates most of its revenue i.e. 73% from its brands.
Vishal Mega Mart Ltd’s IPO Details
Vishal Mega Mart IPO is open on 11 Dec 2024 and closes on 13 Dec 2024. The IPO price band is set from Rs. 74 to Rs. 78 and its issue size is Rs. 8000 Crores. The stock will list in the stock market on 18 December 2024.
| IPO Type | Mainboard |
| IPO Open Date | 11 Dec 2024 |
| IPO Close Date | 13 Dec 2024 |
| IPO Listing Date | 18 Dec 2024 |
| IPO Refund Date | 17 Dec 2024 |
| IPO Allotment Date | 16 Dec 2024 |
| IPO Demat Credit Date | 17 Dec 2024 |
| IPO Price Band | ₹74 to ₹78 Per Share |
| IPO Listing | NSE & BSE |
| Issue Size | Approx ₹8000 Crores |
| Fresh Issue | NA |
| Offer For Sale | Approx ₹8000 Crores |
| NII Quota | Not More Than 15% |
| QIB Quota | Not More Than 50% |
| Retail Quota | Not More Than 35% |
| Prospectus | Click Here |
Profit & Loss
Vishal Mega Mart Ltd is a profitable company as per its annual profit and loss of the past few years. Currently, 5 years of annual profit and loss data of the company is available from March 2020 to March 2024.
The annual profits, In March 2020, the company reported a net profit of Rs. 114 Crores, In March 2021 Rs. 119 Crores, In March 2022 Rs. 203 Crores, In March 2023 Rs. 321 Crores, and in March 2024 Rs. 462 Crores.
As you can see, over the years the net profit of the company has increased. Most probably in the upcoming years, the profit will also increase and investors will make good returns.
FAQs
Vishal Mega Mart is a highly profitable company as of now. Currently, on the Vishal Mega Mart, the debt is Rs. 1,409 Crore and its debt-to-equity is 0.24.
Over the years, the annual net profit of the company has improved. The last 5 years of the annual profit of the company are-
In March 2020, the company reported a net profit of Rs. 114 Crores, In March 2021 Rs. 119 Crores, In March 2022 Rs. 203 Crores, In March 2023 Rs. 321 Crores, and in March 2024 Rs. 462 Crores.
Vishal Mega Mart Ltd is a retail sector large-cap company. The company is engaged in various categories of business like retail supermarkets, apparel and footwear, home furnishings and decor, electronics and appliances, and private label products.
The company has its own 26 brands and generates maximum revenue from its brands.
As of 11 Dec 2024. the Vishal Mega Mart IPO GMP is trading at Rs. 19, as per the current GMP the estimated listing price is Rs. 79 i.e. 24.36% estimated listing gains. The GMP can be changed at any time and it is not an accurate indicator.
Conclusion
Vishal Mega Mart Ltd is a profitable company with low debt. Over the years, the net profit of the company has improved which is a good sign of company growth. The company has 26 brands and generates maximum revenue from its brands. As of 11 December 2024, the Vishal Mega Mart IPO GMP (grey market premium) is trading at Rs. 19 which means the stock is likely to list on the NSE and BSE at the premium of Rs. 19.