Vishal Mega Mart Limited – Globe Capital Market LTD.
Vishal Mega Mart Limited
Closed
Price Band
₹74 to ₹78 per share
IPO Issue Period
December 11, 2024 to December 13, 2024
Issue Size
₹8,000.00 Cr
Face value
₹10 per share
Fresh issue
NIL
Offer for sale
₹8,000.00 Cr
Minimum Shares for Retail
190 Shares
Listing on
BSE, NSE
Issue Type
Book Built Issue IPO
Registrar to the Issue
Kfin Technologies Limited
Tentative Listing Date
Wednesday, December 18, 2024
QIB
50%
NII
15%
Retail
35%

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

Vishal Mega Mart is a hypermarket chain that sells a wide range of products like apparel, groceries, electronics, and home essentials.

They own their brands and third-party brands to meet the everyday needs of consumers. The company offers a wide range of products across apparel, general merchandise, and FMCG, including its brands for clothing, home furnishings, travel accessories, kitchen appliances, food, non-food items, and staples. The company targets middle and lower-middle-income people, through a Pan India network of 645 Vishal Mega Mart stores (as of September 30, 2024) and their Vishal Mega Mart mobile app and website. As of September 30, 2024, the company has a presence across 414 cities in 28 states and two union territories.

For the year/period ended (Rs. in Cr.)

FY24 FY23 FY22
Total Revenue 8,945.13 7,618.89 5,653.85
Profit After Tax 461.94 321.27 202.77
EPS 1.02 0.71 0.45
OPM (%) 14.01% 13.45% 14.38%
PATM (%) 5.18% 4.24% 3.63%

 

For year/ period ended ( in Cr.)

Company Name Market Cap (Cr.) Price P/BV P/E Sales (Cr.)
FY23
Net Profits(Cr.)
FY23
Vishal Megamart  Limited 35,168 78 6.23 76.46 8,945.13 461.94
Avenue Supermarts Ltd. 2,47,597 3,804 12.29 92.14 50,788.83 2,535.61
Trent Ltd. 2,48,855 7,000 53.18 137.5 12,375.11 1,353.89

 

 

 

  • Focused on serving a large and fast growing section of the Indian population
  • Consumer-centric approach resulting in loyal consumer base
  • Diverse and Growing Portfolio of Own Brands
  • Pan-India Presence: It operates a pan-India network of 645 stores across 414 Tier 1 cities, Tier 2 cities and beyond in India.
  • Technology Enabled, Systems Driven Operations &
  • Professional and Experienced Management Team.

The Company will not receive any proceeds of the Offer for Sale by the Promoter Selling Shareholder. The Promoter Selling Shareholder will be entitled to the entirety of proceeds of the Offer for Sale after deducting its portion of the Offer related expenses and the relevant taxes thereon.

The company is a one stop destination for middle and lower-middle income customers in India. With a steady growth in its top and bottom lines for the reported periods, it is hinting at the likely trends going forward. Hence, investor may park moderate funds for long term.

Be a Part of IPO Success Stories!

Never Miss IPO Investment