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The Vishal Mega Mart IPO opened up for membership in between December 11 and December 13
Vishal Mega Mart IPO Allotment Status
Vishal Mega Mart IPO Allotment Status: The slice for Vishal Mega Mart IPO has actually been settled, and financiers have actually started getting debit messages from their financial institutions. Those waiting for verification can examine their slice condition online by means of the BSE, NSE, or the registrar Kfin Technologies’ portal. Market onlookers report a Grey Market Premium (GMP) of 26.28%, suggesting the possibility for strong listing gains.
The Vishal Mega Mart IPO, which opened up for membership in between December 11 and December 13, observed durable need, being oversubscribed 28.75 times. The listing is readied to occur on both the BSE and NSE on Wednesday, December 18.
Vishal Mega Mart IPO Subscription Details:
The IPO, valued within a variety of Rs 74 to Rs 78 per share, attracted enormous capitalist passion throughout classifications:
- Retail Investors: 2.43 times membership
- Non-Institutional Investors (NII): 15.01 times membership
- Qualified Institutional Buyers (QIB): An outstanding 85.11 times membership
Vishal Mega Mart GMP Today:
As per the current updates, Vishal Mega Mart’s unpublished shares are trading at Rs 98.5 in the grey market, mirroring a costs of Rs 20.50 or 26.28% over the top IPO rate of Rs 78. This GMP has actually continuously climbed up from a first 20.51%, matching solid capitalist view. However, market professionals warn that GMP patterns are a measure and not an assured forecaster of detailing efficiency.
How to Check Vishal Mega Mart IPO Allotment Status?
To confirm IPO slice condition, financiers can adhere to these easy actions:
On BSE Website:
- Visit BSE IPO Allotment Status.
- Select âEquityâ under the concern kind.
- Choose âVishal Mega Mart Ltdâ from the dropdown food selection.
- Enter your application number or frying pan information.
- Complete the CAPTCHA and click âSearchâ.
On Kfin Technologies Portal:
- Visit Kfin IPO Status Page.
- Enter the called for information to watch the slice condition.
IPO Structure and Key Details:
Vishal Mega Mart’s IPO is totally an Offer- for-Sale (OFS) by its marketer, Kedaara Capital- led Samayat Services LLP, without any fresh concern of shares. Ahead of the IPO, the business elevated Rs 2,400 crore from support financiers, mirroring solid institutional passion.
Key IPO Dates:
Allotment Finalisation: December 16, 2024
Vishal Mega Mart IPO Listing Date
Listing Date: December 18, 2024
Lead Managers:
The IPO is taken care of by leading book-running lead supervisors, consisting of Kotak Mahindra Capital Company, ICICI Securities, Jefferies India, JPMorgan India, Morgan Stanley India, and Intensive Fiscal Services.
Investor Outlook:
With solid membership numbers, an appealing GMP, and Vishal Mega Mart’s strong visibility in the retail market, financiers stay hopeful concerning its listing efficiency. As December 18 strategies, all eyes get on the Gurugram- based retail titan’s stock exchange launching.
About Vishal Mega Mart:
A principal in India’s retail industry, Vishal Mega Mart runs throughout 3 significant classifications: Apparel, General Merchandise, and Fast-Moving Consumer Goods (FMCG). As of June 30, 2024, the business flaunts 626 shops across the country, with a durable omnichannel visibility via its mobile application and shopping system.
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