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Unlisted shares of Vishal Mega Mart Ltd are presently trading at Rs 97 per share in the grey market, which is 24.36 percent more than the IPO problem rate of Rs 78, showing a good listing on December 18.
Vishal Mega Mart IPO.
Vishal Mega Mart IPO Allotment Date, Latest GMP: The allocation of the Vishal Mega Mart IPO will certainly be settled on Monday, December 16. Following this, the listing will certainly happen on both BSE and NSE on Wednesday, December 18. The most recent GMP presently stands at 24.36 percent, signalling a good listing.
The going public of Vishal Mega Mart Ltd, which was readily available for membership in between December 11 and December 13, obtained a general membership of 28.75 times. The retail classification obtained a 2.43 times membership in total amount, and the NII (non-institutional capitalists) part obtained a 15.01 times membership. Its QIB (certified institutional customer) classification has actually been subscribed by 85.11 times.
The rate band of the IPO was taken care of at Rs 74 to Rs 78 each.
The shares of Vishal Mega Mart Ltd are set up to be provided on both BSE and NSE on December 18, Wednesday.
The IPO allocation will certainly be settled on the Monday night. Once allocated, capitalists will certainly obtain a financial institution debit message. They can additionally inspect the IPO allocation condition on the web sites of BSE and NSE, along with on registrar Kfin Technologies’ portal.
Vishal Mega Mart IPO GMP Today
According to market onlookers, unpublished shares of Vishal Mega Mart Ltd are presently trading at Rs 97 per share in the grey market, which is Rs 19 or 24.36 percent more than the IPO problem rate of Rs 78. It shows a good listing on December 18.
The 24.36 percent GMP is more than the 20.51 percent grey market costs videotaped on the very first day of the IPO.
The GMP is based upon market beliefs and maintains transforming. âGrey market premiumâ shows capitalists’ preparedness to pay greater than the problem rate.
Vishal Mega Mart IPO: How To Check Allotment Status Online?
Once the IPO allocation is settled on December 16, capitalists can inspect the allocation condition online by complying with these actions:
1) Go to the main BSE web site by means of the link– https://www.bseindia.com/investors/appli_check.aspx
2) Under âIssue Typeâ, pick âEquityâ.
3) Under âIssue Nameâ, pick âVishal Mega Mart Ltdâ in the dropbox.
4) Enter your application number, or the Permanent Account Number (FRYING PAN).
5) Then, click the âI am not a robotâ to confirm on your own and strike âSearchâ choice.
Your share application condition will certainly show up on your display.
You can additionally see straight Kfin Technologies Ltd’s website– and inspect the Vishal Mega Mart IPO allocation condition.
Vishal Mega Mart IPO: More Details
The IPO of the Gurugram- based supermart significant is totally an offer-for-sale (OFS) of shares by marketer Kedaara Capital- led Samayat Services LLP, Samayat Services LLP, without any fresh problem of equity shares.
The IPO’s rate varied at Rs 74-78 each.
Vishal Mega Mart accumulated Rs 2,400 crore from support capitalists, a day prior to the IPO.
Vishal Mega Mart’s item variety consists of both internal and third-party brand names, covering 3 crucial groups– clothing, basic product, and fast-moving durable goods.
As of June 30, 2024, it runs 626 Vishal Mega Mart shops throughout India, in addition to a mobile application and web site.
Kotak Mahindra Capital Company, ICICI Securities, Intensive Fiscal Services, Jefferies India, J P Morgan India, and Morgan Stanley India Company are the book-running lead supervisors for the problem.
