The Vishal Mega Mart IPO has created a lot of buzz in the market, indicating the increasing participation from retail investments in India. Vishal Mega Mart's Rs 8,000 crore IPO is a major turning point for this retail behemoth, as well. Now that it is already public, follow the Vishal Mega Mart IPO live updates, status and performance.

                                                                  

Vishal Mega Mart IPO Status

The IPO was open for subscription between 11 December and 13 December 2024. It received an overwhelming response as it was subscribed 27.28 times overall. The allocation to qualified institutional buyers QIBs was very strong and had a subscription rate of 80.75 times, whereas non-institutional investors NIIs subscribed 14.24 times. There was also interest from retail investors with a subscription of 2.31 times.

 

Vishal Mega Mart IPO Live Updates

The Vishal Mega Mart IPO's share allocation process was determined on 17 December 2024. Investors can check their allotment status on BSE and NSE official websites or KFin Technologies. The shares will be listed on both exchanges on 18 December 2024.

 

Vishal Mega Mart IPO Performance

The Vishal Mega Mart IPO performance has been phenomenal, with bids close to Rs. 1.6 lakh crore for an issue size of Rs. 8,000 crore. Grey market premium (GMP) has also been positive, at roughly 25%, showing good market sentiment and possible listing gains for investors.

The Vishal Mega Mart IPO stock price was fixed at Rs. 78 per share. Considering robust demand and favourable GMP signals, analysts believe the stock will list much higher than this price point on its debut day.

 

Vishal Mega Mart IPO Launch

The IPO launch of Vishal Mega Mart was preceded by an aggressive marketing strategy designed to attract multiple categories of investors. The price band was fixed at Rs. 74 to Rs. 78 per share, with a minimum lot size of 190 shares to be applied for. Such a pricing strategy created tremendous interest among different segments of investors.

 

Vishal Mega Mart IPO Details

Here are the key Vishal Mega Mart IPO details that you must know as an investor and trader:

IPO Open Date	11 December, 2024
IPO Close Date	13 December, 2024
Issue Size	Approximately Rs. 8,000 crore
Total Shares Offered	1,02,56,41,025 equity shares
Price Band	Rs. 74 to Rs. 78 per share
Minimum Lot Size	190 shares
Allotment Date	Finalized on 16 December, 2024
Listing Date	On BSE and NSE 18 December, 2024

 

Vishal Mega Mart IPO Market Reaction

The Vishal Mega Mart IPO market reaction is mostly positive. Indications of strong subscriptions and high GMP show that investors are confident in the company's future performance against competition in the retail sector.

 

Vishal Mega Mart IPO Investor Insights

Investors should consider both the company's fundamental aspects and market trends while deciding to participate in the IPO. With such strong subscription rates and favourable market signals, Vishal Mega Mart is considered by several analysts to be a good investment proposition within the retail space.

 

Conclusion

Strong investor trust in the company's market position and expectations for future growth are both driving and improving the Vishal Mega Mart IPO performance. This is also anticipated to mirror the high demand seen during the IPO. You must constantly follow the Vishal Mega Mart IPO news to see how the stock performs, given strong demand and positive market sentiment.