Vishal Mega Mart IPO GMP , a leading supermarket chain, has launched an initial public offering of Rs. Vishal Mega Mart is a leading supermarket operator that launched its Rs.
Vishal Mega Mart IPO GMP : Price band & GMP today
In this case, Samayat Services will receive the proceeds from the IPO. Investors may bid on up to 190 lots at a range of Rs. 74-78. Vishal Megamar’s GMP was around Rs 24-25 before the issue. This is a 31% increase over the initial issue price.
Due to its loyal readership and expanding portfolio, this magazine is an excellent investment. Capitalization on the current market: Rs. 3 5168 crores. The P/E ratio after equity is issued is 67.83x. EV/EBITDA equals 28.1x. Anand Rathi stated, “We believe that the IPO is priced fairly. It is recommended to subscribe to IPO ratings over a longer period of time.
About Vishal Mega Mart IPO
Vishal mega Mart is a fashion-centric hypermarket chain with a large footprint in India. The company was established in 2001. General merchandise offers home and travel goods as well as kitchen appliances. Food and Groceries is a retailer of FMCG goods such as household and personal care products. In 2018, Partners Group of Switzerland acquired a majority of the business. Kedaara Capital, in India, was next. The brand currently has 645 franchised stores in 414 cities as of September 30th. More than 11,000,000 square feet of space is available. More than 11,000,000 sq.
KFin Technologies is the official registrar. Kotak Mahindra Capital Company ICICI Securities and Intensive Fiscal Services lead the IPO. Jefferies India JP Morgan India Morgan Stanley India are also participating.
