Vishal Mega Mart Limited
Dec 11, 2024 - Dec 13, 2024
Vishal Mega Mart Limited IPO Details
Mainline
Status
listed
Issue Price
₹74.00 - ₹78.00
Lot Size
190 Shares
Subscription
28.75 times
Listing Price
₹104.00 (33.33%)
Face Value
₹10 Per share
Issue Size
Approx ₹8000 Cr
Fresh Issue
-
Total Shares Offered
Approx ₹8000 Cr
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE, NSE
Registrar
Kfin Technologies Limited
NSE Code
VMM
BSE Code
544307
IPO Tentative Timetable
Open Date
Wed Dec 11 2024
Close Date
Fri Dec 13 2024
Allotment Date
Mon Dec 16 2024
Refunds Initiation
Tue Dec 17 2024
Demat Transfer
Tue Dec 17 2024
Listing Date
Wed Dec 18 2024
Valuation
Earning Per Share (EPS)
₹1.02
Price/Earning P/E Ratio
N/A
Return on Net Worth (RoNW)
8.18%
Net Asset Value (NAV)
₹12.53
Promoters
Pre issue Share Holding
96.46%
Post issue Share Holding
-
Company Promoters
- Samayat Services LLP
- Kedaara Capital Fund II LLP
Lead Managers
Kotak Mahindra Capital Company Limited
ICICI Securities Limited
Intensive Fiscal Services Private Limited
Jefferies India Private Limited
J.P. Morgan India Private Limited
Morgan Stanley India Company Pvt Ltd
Live Subscription
| Date | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| Dec 11, 2024 | 0.03 | 1.18 | 1.22 | 1.08 | 0.56 | 0.54 |
| Dec 12, 2024 | 0.5 | 4.05 | 4.4 | 3.36 | 1.23 | 1.63 |
| Dec 13, 2024 | 85.11 | 15.01 | 17.34 | 10.37 | 2.43 | 28.75 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 190 | ₹14,820 |
| Retail (Max) | 13 | 2470 | ₹192,660 |
| S-HNI (Min) | 14 | 2,660 | ₹207,480 |
| S-HNI (Max) | 67 | 12,730 | ₹992,940 |
| B-HNI (Min) | 68 | 12,920 | ₹1,007,760 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 68.76 |
| RoNW | 8.18 |
| P/BV | 6.23 |
| PAT Margin (%) | 5.18 |
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 30,76,92,307 (30%) | NA |
| QIB Shares Offered | 20,51,28,206 (20%) | NA |
| NII (HNI) Shares Offered | 15,38,46,154 (15%) | - |
| bNII > ₹10L | 10,25,64,103 (10%) | 38,557 |
| sNII < ₹10L | 5,12,82,051 (5%) | 19,278 |
| Retail Shares Offered | 35,89,74,359 (35%) | 18,89,338 |
| Total Shares Offered | 1,02,56,41,026 (100%) | - |
Company Financial
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 9,551.75 | 8,506.08 | 8,288.91 | 8,217.98 |
| Revenue | 5,053.42 | 8,945.13 | 7,618.89 | 5,653.85 |
| Profit After Tax | 254.14 | 461.94 | 321.27 | 202.77 |
| Net Worth | 5,923.74 | 5,646.59 | 5,180.84 | 4,849.93 |
| Reserves and Surplus | 1,390.27 | 1,113.12 | 649.50 | 321.88 |
| Total Borrowing | - | - | 133.50 | 497.41 |
About Company
Established in 2018, Vishal Mega Mart is a hypermarket chain offering a wide range of products, including clothing, groceries, electronics, and home essentials. They sell both their own brands and third-party brands to cater to customers' everyday needs.
Their product range includes clothing, home appliances, furnishings, travel essentials, food, non-food items, and daily staples.
Vishal Mega Mart primarily serves middle- and lower-middle-income families through a network of 645 stores across India as of September 30, 2024. They also provide services through their mobile app and website. The company operates in 414 cities across 28 states and 2 union territories.
The company follows an asset-light business model by leasing all its stores and distribution centers. Products are either manufactured by third-party vendors or sourced from third-party brands.
Their local delivery service, managed by employees, serves 6.77 million registered users and operates in 600 stores across 391 cities in India. The company employs 16,537 people and is one of India’s top two offline-first diversified retailers.
Their own brands include:
- Apparel: Classics, Fashion, Denim, Ethnic
- General Merchandise: Tandem Home Appliances, Home Select, Home Finery
- FMCG: Savory Products, Staples, Home Care
The company's strengths are:
- Serving a large and growing section of the Indian population
- A consumer-focused approach that builds a loyal customer base
- A diverse and growing portfolio of own-brand products
- Pan-India presence with a history of successful store expansion
- Technology-enabled and efficient operations
- A professional and experienced management team
- A strong track record of revenue, profit growth, and capital efficiency
Their product range includes clothing, home appliances, furnishings, travel essentials, food, non-food items, and daily staples.
Vishal Mega Mart primarily serves middle- and lower-middle-income families through a network of 645 stores across India as of September 30, 2024. They also provide services through their mobile app and website. The company operates in 414 cities across 28 states and 2 union territories.
The company follows an asset-light business model by leasing all its stores and distribution centers. Products are either manufactured by third-party vendors or sourced from third-party brands.
Their local delivery service, managed by employees, serves 6.77 million registered users and operates in 600 stores across 391 cities in India. The company employs 16,537 people and is one of India’s top two offline-first diversified retailers.
Their own brands include:
- Apparel: Classics, Fashion, Denim, Ethnic
- General Merchandise: Tandem Home Appliances, Home Select, Home Finery
- FMCG: Savory Products, Staples, Home Care
The company's strengths are:
- Serving a large and growing section of the Indian population
- A consumer-focused approach that builds a loyal customer base
- A diverse and growing portfolio of own-brand products
- Pan-India presence with a history of successful store expansion
- Technology-enabled and efficient operations
- A professional and experienced management team
- A strong track record of revenue, profit growth, and capital efficiency
Company Contact
vishal mega mart limited plot no. 184, fifth floor platinum tower, udyog vihar phase-1 gurugram 122016
Phone: +91 124 - 4980000
Email: secretarial@vishalwholesale.co.in
Website: https://www.aboutvishal.com/
Registrar Contact
kfin technologies limited
Phone: 04067162222, 04079611000
Email: vmm.ipo@kfintech.com