{"id":40954,"date":"2024-12-10T14:45:23","date_gmt":"2024-12-10T09:15:23","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=40954"},"modified":"2024-12-10T14:45:23","modified_gmt":"2024-12-10T09:15:23","slug":"vishal-mega-mart-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/vishal-mega-mart-ipo\/","title":{"rendered":"Vishal Mega Mart IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"40954\" class=\"elementor elementor-40954\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9598ccf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9598ccf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d34bbf2\" data-id=\"d34bbf2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-564b7a2 elementor-widget elementor-widget-text-editor\" data-id=\"564b7a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Vishal Mega Mart IPO is a book-built issue of Rs 8,000.00 crores. The issue is entirely an offer for the sale of 102.56 crore shares.<\/span><\/p><p><span style=\"color: #000000;\">Vishal Mega Mart IPO opens for subscription on December 11, 2024, and closes on December 13, 2024. The IPO price band is set at \u20b974 to \u20b978 per share and the minimum lot size for an application is 190 Shares.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-95ce093 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"95ce093\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-46b6691\" data-id=\"46b6691\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2ec9520 elementor-widget elementor-widget-text-editor\" data-id=\"2ec9520\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong>Company Summary<\/strong><\/span><\/p><p><span style=\"color: #000000;\">Incorporated In 2001, Vishal Mega Mart is a hypermarket chain that sells a wide range of products like apparel, groceries, electronics, and home essentials.<\/span><\/p><p><span style=\"color: #000000;\">They own their brands and third-party brands to meet the everyday needs of consumers. The company offers a wide range of products across apparel, general merchandise, and FMCG, including its brands for clothing, home furnishings, travel accessories, kitchen appliances, food, non-food items, and staples.<\/span><\/p><p><span style=\"color: #000000;\">The company targets middle and lower-middle-income people, through a Pan India network of 645 Vishal Mega Mart stores (as of September 30, 2024) and their Vishal Mega Mart mobile app and website. As of September 30, 2024, the company has a presence across 414 cities in 28 states and two union territories.<\/span><\/p><p><span style=\"color: #000000;\">The company operates an asset-light business model, leasing all its distribution centers and stores, while its products are manufactured by third-party vendors or sourced from third-party brands.<\/span><\/p><p><span style=\"color: #000000;\">As of September 30, 2024, their direct local delivery service, managed by their employees, had 6.77 million registered users and was available in 600 stores across 391 cities in India.<\/span><\/p><p><span style=\"color: #000000;\">The Company is ranked as one of the top two offline-first diversified retailers in India. As of September 30, 2024, they had 16,537 employees.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dc48b01 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dc48b01\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8d9a515\" data-id=\"8d9a515\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1ee84d1 elementor-widget elementor-widget-text-editor\" data-id=\"1ee84d1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Their Brand portfolio:<\/strong><\/span><\/p><ul><li><span style=\"color: #000000;\">Apparel: Classics, Fashion, Denim, Ethnic<\/span><\/li><li><span style=\"color: #000000;\">General Merchandise: Tandem Home Appliances, Home Select, Home Finery<\/span><\/li><li><span style=\"color: #000000;\">FMCG: Savory Products, Staples, Home Care<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0c780d7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0c780d7\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-97df1e6\" data-id=\"97df1e6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1903da1 elementor-widget elementor-widget-text-editor\" data-id=\"1903da1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong>Company Strengths<\/strong><\/span><\/p><ul><li><span style=\"color: #000000;\">Serving a Large and Growing Section of the Indian Population<\/span><\/li><li><span style=\"color: #000000;\">Consumer-Centric Approach Resulting in a Large and Loyal Consumer Base<\/span><\/li><li><span style=\"color: #000000;\">Diverse and Growing Portfolio of their Brands across Product Categories<\/span><\/li><li><span style=\"color: #000000;\">Pan-India Presence with a Track Record of Successful Store Growth<\/span><\/li><li><span style=\"color: #000000;\">Technology Enabled and Systems Driven Operations<\/span><\/li><li><span style=\"color: #000000;\">Professional and Experienced Management Team<\/span><\/li><li><span style=\"color: #000000;\">Track Record of Delivering Revenue, Profit Growth, and Capital Efficiency<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4e083b3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4e083b3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2a19795\" data-id=\"2a19795\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6c0040e elementor-widget elementor-widget-text-editor\" data-id=\"6c0040e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong>Company Financials<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Period Ended<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>30 Sep 2024<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>31 Mar 2024<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>31 Mar 2023<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>31 Mar 2022<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Assets<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">9,551.75<\/span><\/td><td><span style=\"color: #000000;\">8,506.08<\/span><\/td><td><span style=\"color: #000000;\">8,288.91<\/span><\/td><td><span style=\"color: #000000;\">8,217.98<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Revenue<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">5,053.42<\/span><\/td><td><span style=\"color: #000000;\">8,945.13<\/span><\/td><td><span style=\"color: #000000;\">7,618.89<\/span><\/td><td><span style=\"color: #000000;\">5,653.85<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Profit After Tax<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">254.14<\/span><\/td><td><span style=\"color: #000000;\">461.94<\/span><\/td><td><span style=\"color: #000000;\">321.27<\/span><\/td><td><span style=\"color: #000000;\">202.77<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Net Worth<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">5,923.74<\/span><\/td><td><span style=\"color: #000000;\">5,646.59<\/span><\/td><td><span style=\"color: #000000;\">5,180.84<\/span><\/td><td><span style=\"color: #000000;\">4,849.93<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Reserves and Surplus<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1,390.27<\/span><\/td><td><span style=\"color: #000000;\">1,113.12<\/span><\/td><td><span style=\"color: #000000;\">649.50<\/span><\/td><td><span style=\"color: #000000;\">321.88<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Total Borrowing<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">&#8211;<\/span><\/td><td><span style=\"color: #000000;\">&#8211;<\/span><\/td><td><span style=\"color: #000000;\">133.50<\/span><\/td><td><span style=\"color: #000000;\">497.41<\/span><\/td><\/tr><tr><td colspan=\"5\"><p style=\"text-align: right;\"><span style=\"color: #000000;\">Amount in \u20b9 Crore<\/span><\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8af9b2e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8af9b2e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0780283\" data-id=\"0780283\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5d3d43e elementor-widget elementor-widget-text-editor\" data-id=\"5d3d43e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Objectives of the IPO<br \/><\/strong><\/span><span style=\"color: #000000;\">The Company will not receive any proceeds of the Offer for Sale by the Promoter Selling Shareholder. The Promoter Selling Shareholder will be entitled to the entirety of proceeds of the Offer for Sale after deducting its portion of the Offer-related expenses and the relevant taxes thereon.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6f9df2e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6f9df2e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3c38be2\" data-id=\"3c38be2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-32308f1 elementor-widget elementor-widget-text-editor\" data-id=\"32308f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong>Promoters of the Company<br \/><\/strong><\/span><span style=\"color: #000000;\">The Promoters of the Company are Samayat Services LLP (\u201cSamayat Services\u201d) and Kedaara Capital Fund II LLP. <\/span><span style=\"color: #000000;\">KedaaraCapital Fund II LLP along with its affiliate holds controlling interest in Rishanth Services LLP (\u201cRishanth Services\u201d).<br \/><br \/><\/span><span style=\"color: #000000;\">Further, \u00a0Rishanth \u00a0Services holds a controlling interest in \u00a0Rishay \u00a0Services \u00a0LLP (\u201cRishayServices\u201d)which in turn holds a controlling interest in the Promoter, Samayat \u00a0Services, \u00a0which holds 4,453,118,981 Equity Shares of face value of \u20b910 each equivalent to \u00a096.46% \u00a0of the issued, \u00a0subscribed and paid-up \u00a0Equity \u00a0Share capital of the \u00a0Company, \u00a0on a fully diluted basis. Kedaara Capital Fund II LLP does not hold any Equity Shares in the Company<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2620db0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2620db0\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cf523df\" data-id=\"cf523df\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-13cf8cb elementor-widget elementor-widget-text-editor\" data-id=\"13cf8cb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong>IPO details<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>IPO Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">December 11, 2024 to December 13, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Wednesday, December 18, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Face Value<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">\u20b910 per share<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Price Band<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">\u20b974 to \u20b978 per share<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Lot Size<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">190 Shares<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Total Issue Size<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1,025,641,025 shares (aggregating up to \u20b98,000.00 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Offer for Sale<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1,025,641,025 shares of \u20b910 (aggregating up to \u20b98,000.00 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Issue Type<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Book Built Issue IPO<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing At<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">BSE, NSE<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e1ba62c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e1ba62c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c64b362\" data-id=\"c64b362\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-80d7887 elementor-widget elementor-widget-text-editor\" data-id=\"80d7887\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong>Lot Allocation details<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Application<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Lots<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Shares<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Amount<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1<\/span><\/td><td><span style=\"color: #000000;\">190<\/span><\/td><td><span style=\"color: #000000;\">\u20b914,820<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail (Max)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">13<\/span><\/td><td><span style=\"color: #000000;\">2470<\/span><\/td><td><span style=\"color: #000000;\">\u20b9192,660<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>S-HNI (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">14<\/span><\/td><td><span style=\"color: #000000;\">2,660<\/span><\/td><td><span style=\"color: #000000;\">\u20b9207,480<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>S-HNI (Max)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">67<\/span><\/td><td><span style=\"color: #000000;\">12,730<\/span><\/td><td><span style=\"color: #000000;\">\u20b9992,940<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>B-HNI (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">68<\/span><\/td><td><span style=\"color: #000000;\">12,920<\/span><\/td><td><span style=\"color: #000000;\">\u20b91,007,760<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-681b836 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"681b836\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a36ddb2\" data-id=\"a36ddb2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-60c1e6b elementor-widget elementor-widget-text-editor\" data-id=\"60c1e6b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong style=\"color: #000000;\">Allotment Schedule<\/strong><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Basis of Allotment<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Monday, December 16, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Initiation of Refunds<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Tuesday, December 17, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>The credit of Shares to Demat<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Tuesday, December 17, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Wednesday, December 18, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Cut-off time for UPI mandate confirmation<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">5 PM on December 13, 2024<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-50e3b6f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"50e3b6f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cff47da\" data-id=\"cff47da\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-edcfacb elementor-widget elementor-widget-text-editor\" data-id=\"edcfacb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>IPO Reservation<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Investor Category<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Shares Offered<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\">QIB Shares Offered<\/span><\/td><td><span style=\"color: #000000;\">Not more than 50% of the Net offer<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\">Retail Shares Offered<\/span><\/td><td><span style=\"color: #000000;\">Not less than 35% of the Net Issue<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\">NII (HNI) Shares Offered<\/span><\/td><td><span style=\"color: #000000;\">Not less than 15% of the Net Issue<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b841c76 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b841c76\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1b8aea8\" data-id=\"1b8aea8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d792129 elementor-widget elementor-widget-text-editor\" data-id=\"d792129\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">To check allotment, <a href=\"https:\/\/kosmic.kfintech.com\/ipostatus\/#\" target=\"_blank\" rel=\"noopener\">click here<\/a><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-64fd8b9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"64fd8b9\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b1cf335\" data-id=\"b1cf335\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-58d3727 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"58d3727\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/onelink.to\/449wqx\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply for IPO <\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Vishal Mega Mart IPO is a book-built issue of Rs 8,000.00 crores. The issue is entirely an offer&hellip;","protected":false},"author":5,"featured_media":40974,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[611,23,55],"class_list":{"0":"post-40954","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"tag-latest-ipo","9":"tag-stock-market","10":"tag-upcoming-ipo","11":"cs-entry","12":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vishal Mega Mart IPO - Flattrade Kosh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/vishal-mega-mart-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vishal Mega Mart IPO - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"Vishal Mega Mart IPO is a book-built issue of Rs 8,000.00 crores. 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