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Vishal Mega Mart IPO 2024: An Insightful Overview for Investors

PLEASE NOTE THAT THIS BLOG IS ABOUT AN UPCOMING IPO, SO THE DETAILS MAY CHANGE IN FUTURE, WE'LL BE UPDATING IT FREQUENTLY TO GIVE YOU THE MOST RECENT INFORMATION, BUT PLEASE DOUBLE CHECK THE INFORMATION PROVIDED TO AVOID MISTAKES WHILE MAKING DECISIONS!
⁓ TEAM FINOLOGIC

Vishal Mega Mart, a major player in India’s retail sector, is gearing up for a significant initial public offering (IPO), expected to raise between $750 million to $1 billion. Backed by its stakeholders, Kedaara Capital and Partners Group, this IPO is set to leverage the growing retail market in India. In this blog, we dive into the key details, financial performance, and expectations for this highly anticipated IPO.

IPO Details

Detail Description
IPO Size $750 million to $1 billion
Stakeholders Selling Kedaara Capital, Partners Group
Confidential Filing Yes, with SEBI
Investment Banks Kotak Mahindra Capital, ICICI Securities, JP Morgan, Morgan Stanley, Jefferies

Reservation Details

Category Percentage of Shares Reserved
Qualified Institutional Buyers (QIBs) 50%
Non-Institutional Investors (NIIs) 15%
Retail Individual Investors (RIIs) 35%

Key Dates

Event Date
Filing of Draft Papers Expected by late October 2024
IPO Launch Date Late October – Early November 2024
Allotment Date To be announced
Listing Date To be announced

Financial Performance

Metric Value
Operating Revenue Over ₹7,590 crore
EBITDA Growth 10.13%
Net Worth Growth 5.15%
Debt/Equity Ratio 0.02
Return on Equity (ROE) 4.69%

Grey Market Premium (GMP)

Date GMP (INR)
October 2024 To be determined

IPO Prospectus

  • I.P.O. RHP: Coming Soon…
  • I.P.O. DRHP: Coming Soon…
  • Stay Connected With SEBI

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