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Vishal Mega Mart IPO

Value Retail - Listed on 18 December 2024

+43.5% listing gain
Issue Price (Upper)
Rs 78
Listing Price
Rs 104
Closing Price (NSE)
Rs 111.88
Total Subscription
28.75x

Vishal Mega Mart IPO listing summary

Vishal Mega Mart (Value Retail) closed its IPO window in 2024 and listed on NSE and BSE on 18 December 2024 at an upper band issue price of Rs 78, opening at Rs 104 for a listing gain of +43.5% and closing day one at Rs 111.88 (+43.5% on closing basis). The IPO was subscribed 28.75x overall - QIB 85.11x, HNI/NII 15.01x, Retail 2.43x. The total issue size was Rs 8,000 Cr (Fresh Issue Rs 0 Cr, OFS Rs 8000 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+43.50%
Listing Gain (Close)
+43.50%
Day Change After Listing
0.00%
Retail Quota
10.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB85.11x
HNI / NII15.01x
Retail2.43x
Overall28.75x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 17.32x
Day 220.41x
Day 3 (Final)28.75x

Vishal Mega Mart IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 110+201.28%
Day 2Rs 120+193.59%
Day 3Rs 120+176.92%
Day 4Rs 135+182.05%
Day 5Rs 142+173.08%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
173.1%-201.3%
IPOGyani AI Prediction
-
Actual Listing Gain
+43.5%

Issue & financials

Issue SizeRs 8,000 Cr
Fresh IssueRs 0 Cr
OFSRs 8,000 Cr
IPO PE157.63
Peer / Sector PE22.17
PE vs Sector Ratio7.11
Latest EBITDA (Cr)4.18
Debt / Equity0.73

Market context at listing

How the broader market moved around the Vishal Mega Mart IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.40%
Nifty 1W Return+0.63%
Nifty 1M Return+0.51%
Nifty during IPO window-0.25%

Vishal Mega Mart IPO - FAQs

What was the listing gain of Vishal Mega Mart IPO?

Vishal Mega Mart IPO listed at +43.5% versus the upper issue price of Rs 78 on 18 December 2024.

How many times was Vishal Mega Mart IPO subscribed?

Vishal Mega Mart IPO was subscribed 28.75x overall. QIB portion was subscribed 85.11x, HNI / NII 15.01x and Retail 2.43x.

What was the IPO GMP for Vishal Mega Mart?

IPO GMP started at Rs 110 on Day 1 and moved to Rs 142 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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