{"id":49166,"date":"2024-12-16T12:45:05","date_gmt":"2024-12-16T07:15:05","guid":{"rendered":"https:\/\/www.equentis.com\/blog\/?p=49166"},"modified":"2025-11-10T13:34:58","modified_gmt":"2025-11-10T08:04:58","slug":"vishal-mega-mart-ipo-oversubscribed-27-x-check-allotment-gmp","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/vishal-mega-mart-ipo-oversubscribed-27-x-check-allotment-gmp\/","title":{"rendered":"Vishal Mega Mart IPO Oversubscription Hits 27.28 Times! Check Allotment Status and GMP Updates"},"content":{"rendered":"
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Did you participate in the recent Vishal Mega Mart IPO<\/a>? The Gurugram-based hypermarket chain’s public offering generated significant investor interest and closed with an impressive 27.28-times oversubscription. With the bidding window closing, investors eagerly await the allotment status. <\/p>\n\n\n\n

To check your allotment status, we explain everything you need about the Vishal Mega Mart IPO<\/a>, from subscription details to Grey Market Premium (GMP).<\/p>\n\n\n\n

Strong Investor Response to Vishal Mega Mart IPO<\/strong><\/h2>\n\n\n\n

The Gurugram-based <\/strong>Vishal Mega Mart opened its IPO<\/a> for bidding from December 11 to December 13. It offered shares at a price band of \u20b974-78 per share, with a minimum lot size of 190 shares. The IPO<\/a> aimed to raise \u20b98,000 crore entirely through an offer-for-sale (OFS) of up to 1,02,56,41,025 equity shares.<\/p>\n\n\n\n

The subscription details reveal the immense interest among various categories of investors:<\/p>\n\n\n\n

Qualified institutional buyers (QIBs)<\/strong><\/td>Subscribed 80.75 times<\/td><\/tr>
Non-institutional investors (NIIs)<\/strong><\/td>Subscribed 14.24 times<\/td><\/tr>
Retail investors<\/strong><\/td>Subscribed 2.31 times<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

The IPO<\/a> received bids for 20,64,25,17,700 equity shares against the 75,67,56,757 shares on offer, garnering bids worth \u20b91.60 lakh crore. Of this, QIBs alone accounted for \u20b91.36 lakh crore worth of bids, underscoring the strong demand from institutional investors. Source:<\/strong> Mint<\/strong><\/a><\/p>\n\n\n\n

Key Dates and Allotment Process<\/strong><\/h3>\n\n\n\n

The allotment status of Vishal Mega Mart IPO is expected to be finalized soon. Under the \u2018T+3\u2019 listing rule, the IPO must be listed within three days of the subscription closure, making this a highly anticipated event for investors.<\/p>\n\n\n\n

What Happens Post-Allotment?<\/strong><\/h2>\n\n\n\n

Once the allotment is finalized:<\/p>\n\n\n\n

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  1. Shares will be credited to the demat accounts of successful bidders.<\/li>\n\n\n\n
  2. Refunds for unsuccessful applications will be initiated on the same day.<\/li>\n<\/ol>\n\n\n\n

    Financial Strength and Business Overview<\/strong><\/h2>\n\n\n\n

    Founded in 2001, Vishal Mega Mart operates as a prominent hypermarket chain in India, offering a diverse range of products under its General Merchandise and Food and Groceries sections. Key highlights of the business:<\/p>\n\n\n\n

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    Source: <\/strong>SEBI<\/strong><\/a><\/figcaption><\/figure>\n\n\n\n

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