{"id":5315,"date":"2024-12-06T13:48:35","date_gmt":"2024-12-06T08:18:35","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=5315"},"modified":"2024-12-06T14:41:58","modified_gmt":"2024-12-06T09:11:58","slug":"review-of-vishal-mega-mart-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/review-of-vishal-mega-mart-ipo\/","title":{"rendered":"Review of Vishal Mega Mart Limited IPO: Lot Size, Check Issue Date, Price"},"content":{"rendered":"\n<p><strong>Vishal Mega Mart IPO Price: <\/strong>\u20b974 to \u20b978 per share<strong><br>IPO Dates:<\/strong> 11 December 2024 &#8211; 13 December 2024<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"206\" src=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/12\/vishal-mega-mart.jpeg\" alt=\"Vishal Mega Mart IPO\" class=\"wp-image-5332\" style=\"width:427px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/12\/vishal-mega-mart.jpeg 800w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/12\/vishal-mega-mart-300x77.jpeg 300w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/12\/vishal-mega-mart-768x198.jpeg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\"><strong>Company Overview<\/strong><\/h2>\n\n\n\n<p>Incorporated in 2001, Vishal Mega Mart is a leading hypermarket chain in India that caters to the everyday needs of middle and lower-middle-income groups. The company provides a wide range of products, including apparel, groceries, electronics, and home essentials, through its offline stores and digital platforms like its mobile app and website.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong><strong>Product Categories<\/strong><\/strong><\/h2>\n\n\n\n<p>Vishal Mega Mart offers products across three major categories:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Apparel:<\/strong> Includes t-shirts, shirts, denim, nightwear, innerwear, western wear, formal wear, and ethnic wear for men, women, children, and infants.<\/li>\n\n\n\n<li><strong>General Merchandise:<\/strong> Features home appliances, crockery, utensils, home furnishings, toys, stationery, travel accessories, and footwear.<\/li>\n\n\n\n<li><strong>Fast-Moving Consumer Goods (FMCG):<\/strong> Includes packaged food items, staples, and non-food products like home care essentials.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Business Model<\/strong><\/h2>\n\n\n\n<p>The company operates an asset-light model, leasing all its stores and distribution centers. Its products are either manufactured by third-party vendors or sourced from third-party brands. This allows Vishal Mega Mart to focus on efficient operations and cost management.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Store Network and Reach<\/strong><\/h2>\n\n\n\n<p>As of September 30, 2024:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Vishal Mega Mart has 645 stores across 414 cities in India, covering an aggregate store area of 11.49 million square feet.<\/li>\n\n\n\n<li>The company\u2019s mobile app and website complement its offline presence, making shopping convenient for customers nationwide.<\/li>\n\n\n\n<li>It has established a robust direct local delivery service available in 600 stores across 391 cities, with 6.77 million registered users.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Milestones and Achievements<\/strong><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Vishal Mega Mart was initially incorporated as <em>Rishanth Wholesale Trading Pvt Ltd<\/em> in 2018, renamed <em>Vishal Mega Mart Pvt. Ltd<\/em> in 2020, and became a public limited company in May 2024.<\/li>\n\n\n\n<li>The company ranks among the top two offline-first diversified retailers in India based on profitability and growth.<\/li>\n\n\n\n<li>Its loyalty program boasts 133.82 million registered customers and won the &#8220;Best Loyalty Programme of the Year&#8221; award at the International Loyalty Awards 2023.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Business Performance<\/strong><\/h2>\n\n\n\n<p>Vishal Mega Mart has demonstrated impressive growth in its portfolio of own brands, with 19 brands achieving sales of over \u20b9100 crore each and six brands surpassing \u20b9500 crore in FY2024. The revenue from these brands grew at a robust compound annual growth rate (CAGR) of 27.72% between FY2022 and FY2024. Additionally, the company has achieved operational efficiency with an average payback period of just 19 months for new stores opened in FY2023, the shortest among leading offline-first retailers in India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Strengths<\/strong><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Large Customer Base:<\/strong> The company serves a wide section of the Indian population, focusing on affordability and variety.<\/li>\n\n\n\n<li><strong>Pan-India Presence:<\/strong> With a presence in 28 states and two union territories, the company is accessible to consumers nationwide.<\/li>\n\n\n\n<li><strong>Technology-Driven Operations:<\/strong> Advanced systems ensure seamless inventory management and operations.<\/li>\n\n\n\n<li><strong>Diverse Portfolio of Brands:<\/strong> Offers in-house brands like <em>Classics<\/em> (Apparel), <em>Tandem Home Appliances<\/em> (General Merchandise), and <em>Savory Products<\/em> (FMCG).<\/li>\n\n\n\n<li><strong>Strong Management Team:<\/strong> Professional leadership with a track record of revenue and profit growth.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Awards and Recognition<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Vishal Mega Mart was ranked among the top three offline-first diversified retailers in India based on retail space as of March 31, 2024.<\/li>\n\n\n\n<li>It held a leadership position in offering the best opening price points across several categories in apparel, FMCG, and general merchandise.<\/li>\n<\/ul>\n\n\n\n<p>Vishal Mega Mart continues to grow its footprint and enhance its product offerings to meet the evolving needs of its customers while maintaining affordability, quality, and convenience.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n<div\n\t\tclass=\"free align wp-block-ctb-countdown-time\"\tid='ctbCountdownTime-1'\n\tdata-nonce='&quot;1f40332ce4&quot;'\n\tdata-attributes='{&quot;destDate&quot;:&quot;2024-12-11T10:00:00&quot;,&quot;padding&quot;:{&quot;vertical&quot;:&quot;10px&quot;,&quot;horizontal&quot;:&quot;15px&quot;,&quot;side&quot;:4,&quot;top&quot;:&quot;10px&quot;,&quot;right&quot;:&quot;15px&quot;,&quot;bottom&quot;:&quot;10px&quot;,&quot;left&quot;:&quot;15px&quot;},&quot;shadow&quot;:{&quot;hOffset&quot;:&quot;1px&quot;,&quot;color&quot;:&quot;rgba(204, 31, 31, 1)&quot;},&quot;boxBG&quot;:{&quot;type&quot;:&quot;solid&quot;,&quot;color&quot;:&quot;var(--ast-global-color-5)&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg,rgb(254,209,199) 45%,rgb(254,141,198) 100%)&quot;},&quot;boxBorder&quot;:{&quot;radius&quot;:&quot;5%&quot;,&quot;color&quot;:&quot;var(--ast-global-color-3)&quot;,&quot;width&quot;:&quot;3px&quot;},&quot;boxShadow&quot;:{&quot;color&quot;:&quot;rgba(57, 64, 67, 1)&quot;,&quot;hOffset&quot;:&quot;2px&quot;,&quot;vOffset&quot;:&quot;2px&quot;,&quot;blur&quot;:&quot;10px&quot;,&quot;spreed&quot;:&quot;2px&quot;},&quot;digitColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;labelColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;isSep&quot;:true,&quot;sepSize&quot;:68,&quot;sepColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;align&quot;:&quot;&quot;,&quot;layout&quot;:&quot;default&quot;,&quot;isResponsive&quot;:true,&quot;boxIsInline&quot;:false,&quot;boxPosition&quot;:&quot;center&quot;,&quot;isLabels&quot;:true,&quot;isDays&quot;:true,&quot;daysLabel&quot;:&quot;Days&quot;,&quot;isHours&quot;:true,&quot;hoursLabel&quot;:&quot;Hours&quot;,&quot;isMinutes&quot;:true,&quot;minutesLabel&quot;:&quot;Minutes&quot;,&quot;isSeconds&quot;:true,&quot;secondsLabel&quot;:&quot;Seconds&quot;,&quot;isExpired&quot;:false,&quot;hideOn0&quot;:false,&quot;hideOnMobile&quot;:false,&quot;hideOnTablet&quot;:false,&quot;prefixSuffixDirection&quot;:&quot;row&quot;,&quot;prefixText&quot;:&quot;&quot;,&quot;suffixButtonText&quot;:&quot;&quot;,&quot;suffixButtonUrl&quot;:&quot;#&quot;,&quot;addID&quot;:&quot;&quot;,&quot;addClass&quot;:&quot;&quot;,&quot;addCSS&quot;:&quot;&quot;,&quot;width&quot;:&quot;0px&quot;,&quot;background&quot;:{&quot;color&quot;:&quot;#0000&quot;},&quot;alignment&quot;:&quot;center&quot;,&quot;boxWidth&quot;:&quot;170px&quot;,&quot;boxHeight&quot;:&quot;120px&quot;,&quot;boxSpace&quot;:&quot;30px&quot;,&quot;digitTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;48px&quot;,&quot;tablet&quot;:&quot;40px&quot;,&quot;mobile&quot;:&quot;32px&quot;}},&quot;labelTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;18px&quot;,&quot;tablet&quot;:&quot;17px&quot;,&quot;mobile&quot;:&quot;16px&quot;}},&quot;isDaysSingleStyle&quot;:false,&quot;daysBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;daysDigitColor&quot;:&quot;#fff&quot;,&quot;daysLabelColor&quot;:&quot;#fff&quot;,&quot;isHoursSingleStyle&quot;:false,&quot;hoursBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;hoursDigitColor&quot;:&quot;#fff&quot;,&quot;hoursLabelColor&quot;:&quot;#fff&quot;,&quot;isMinutesSingleStyle&quot;:false,&quot;minutesBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;minutesDigitColor&quot;:&quot;#fff&quot;,&quot;minutesLabelColor&quot;:&quot;#fff&quot;,&quot;isSecondsSingleStyle&quot;:false,&quot;secondsBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;secondsDigitColor&quot;:&quot;#fff&quot;,&quot;secondsLabelColor&quot;:&quot;#fff&quot;,&quot;sepType&quot;:&quot;:&quot;,&quot;prefixTextTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;15px&quot;}},&quot;prefixTextColor&quot;:&quot;#222&quot;,&quot;suffixButtonTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;16px&quot;}},&quot;suffixButtonColors&quot;:{&quot;color&quot;:&quot;#fff&quot;,&quot;bg&quot;:&quot;#222&quot;},&quot;suffixButtonPadding&quot;:{&quot;vertical&quot;:&quot;14px&quot;,&quot;horizontal&quot;:&quot;28px&quot;},&quot;isDismiss&quot;:false,&quot;dismissColor&quot;:&quot;#333&quot;}'\n\tdata-content='&quot;&quot;'\n><\/div>\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<div class=\"wp-block-buttons alignfull is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-03627597 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size is-style-fill has-medium-font-size\"><a class=\"wp-block-button__link has-ast-global-color-5-color has-text-color has-link-color wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" style=\"border-width:18px;border-radius:32px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--50)\" target=\"_blank\" rel=\"https:\/\/lakshmishree.com\/ipo\/ noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Vishal Mega Mart IPO<\/strong> Specifics:<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>December 11, 2024 to December 13, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Wednesday, December 18, 2024<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b910 per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b974 to \u20b978 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>190 Shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>1,025,641,025 shares<br>(aggregating up to \u20b98,000 Cr)<\/td><\/tr><tr><td>Offer For Sale<\/td><td>1,025,641,025 shares<br>(aggregating up to \u20b98,000 Cr)<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share holding pre issue<\/td><td>4,508,719,493<\/td><\/tr><tr><td>Share holding post issue<\/td><td>4,508,719,493<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Vishal Mega Mart IPO<\/strong> Timetable (Important Dates)<\/h2>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Wednesday, December 11, 2024<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Friday, December 13, 2024<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Monday, December 16, 2024<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Tuesday, December 17, 2024<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Tuesday, December 17, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Wednesday, December 18, 2024<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on December 13, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Vishal Mega Mart IPO<\/strong> Lot Size<\/h2>\n\n\n\n<p>Bidders have the opportunity to bid for a minimum of 190 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>190<\/td><td>\u20b914,820<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>2,470<\/td><td>\u20b91,92,660<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>2,660<\/td><td>\u20b92,07,480<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>67<\/td><td>12,730<\/td><td>\u20b99,92,940<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>68<\/td><td>12,920<\/td><td>\u20b910,07,760<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Vishal Mega Mart IPO<\/strong> Reservation<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 50% of the Net offer<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 35% of the Offer<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Offer<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Vishal Mega Mart Limited IPO Financial Information<\/strong><\/h2>\n\n\n\n<p>Vishal Mega Mart Limited experienced a notable uptick in its revenue, showing a growth of 17.41%, while the profit after tax (PAT) surged by an impressive 43.78% during the period spanning from the financial year concluding on March 31, 2024, to March 31, 2023.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2022<\/th><th>31 Mar 2023<\/th><th>31 Mar 2024<\/th><th>30 Sept 2024<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>8217.98<\/td><td>8288.91<\/td><td>8506.08<\/td><td>9551.75<\/td><\/tr><tr><td>Revenue<\/td><td>5653.85<\/td><td>7618.89<\/td><td>8945.13<\/td><td>5053.42<\/td><\/tr><tr><td>Profit After Tax<\/td><td>202.77<\/td><td>321.27<\/td><td>461.94<\/td><td>254.14<\/td><\/tr><tr><td>Net Worth<\/td><td>4849.93<\/td><td>5180.84<\/td><td>5646.59<\/td><td>5923.74<\/td><\/tr><tr><td>Reserves and Surplus<\/td><td>321.88<\/td><td>649.50<\/td><td>1113.12<\/td><td>1390.27<\/td><\/tr><tr><td>Total Borrowing<\/td><td>497.41<\/td><td>133.50<\/td><td><\/td><td><\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator &#8211; <strong>Vishal Mega Mart IPO<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>Market Cap.<\/td><td>\u20b9 35,168.01 Cr<\/td><\/tr><tr><td>EPS<\/td><td>\u20b91.02<\/td><\/tr><tr><td>P\/E (x)<\/td><td>76.13<\/td><\/tr><tr><td>ROCE<\/td><td>68.76%<\/td><\/tr><tr><td>RoNW<\/td><td>8.18%<\/td><\/tr><tr><td>P\/BV<\/td><td>6.23<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><sub><sup>as of Mar 31, 2024<\/sup><\/sub><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>The Company shall not be entitled to any proceeds of the Offer for Sale made by the Promoter Selling Shareholder. The said proceeds of the Offer for Sale, net of the Share of issue expenses and applicable taxes payable by the Promoter Selling Shareholder will belong to the Promoter Selling Shareholder.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-left is-layout-flex wp-container-core-group-is-layout-7aba0d93 wp-block-group-is-layout-flex\" style=\"padding-top:0;padding-bottom:0\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-22c77c893cf382a9553d24172c312a5a\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/oct-2024\/vishal-mega-mart-limited-updated-draft-red-herring-prospectus-i_87742.html\" target=\"_blank\" rel=\"noreferrer noopener\">Vishal Mega Mart Limited IPO DRHP.<\/a><\/p>\n\n\n\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-6f00826945fdc8e997ff5541305817a2\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/dec-2024\/vishal-mega-mart-red-herring-prospectus_89311.html\" target=\"_blank\" rel=\"noreferrer noopener\">Vishal Mega Mart Limited IPO RHP<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vishal Mega Mart IPO Price: \u20b974 to \u20b978 per shareIPO Dates: 11 December 2024 &#8211; 13 December 2024 Company Overview Incorporated in 2001, Vishal Mega Mart is a leading hypermarket chain in India that caters to the everyday needs of middle and lower-middle-income groups. The company provides a wide range of products, including apparel, groceries, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[55],"tags":[161,162,767,770],"class_list":["post-5315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-news","tag-ipo","tag-upcoming-ipo","tag-vishal-mega-mart","tag-vishal-mega-mart-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=5315"}],"version-history":[{"count":3,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5315\/revisions"}],"predecessor-version":[{"id":5335,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5315\/revisions\/5335"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/5333"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=5315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=5315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=5315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}