Vishal Mega Mart IPO

About the company

Incorporated in 2001, Vishal Mega Mart is a one-stop shopping destination for middle and lower-middle-income groups in India. The company offers a diverse range of products, including apparel, general merchandise and fast-moving consumer goods (FMCG), through both its own brands and third-party brands. It operates through a network of 645 Vishal Mega Mart stores (as of September 30, 2024), a mobile application and a website. In FY24, six of the company’s own brands exceeded sales of ₹500 crore each, while 19 brands reported sales of above ₹100 crore each. Meanwhile, own brand sales grew at a CAGR of 27.72% between FY22 and FY24, accounting for 72.86% of overall revenue in the six months ending September 30, 2024. Adjusted same-store sales growth grew by 12.57% during the same period.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   11 Dec 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   13 Dec 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   16 Dec 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   17 Dec 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   17 Dec 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   18 Dec 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.