The allotment for the highly anticipated Vishal Mega Mart IPO is expected to be finalized on Monday, December 16, 2024. The public offer for the supermarket chain raised a total of ₹8,000 crore and was met with an overwhelming response. The IPO saw a massive subscription of 27.28 times, with bids totaling 20,64,25,23,020 equity shares, compared to the 75,67,56,757 shares on offer.
Category-wise Subscription Breakdown
- Qualified Institutional Buyers (QIBs): 80.75 times subscription
- Non-Institutional Investors (NIIs): 14.25 times subscription
- Retail Investors: 2.31 times subscription
With the IPO receiving such strong demand, investors are now eagerly awaiting the allotment status to be finalized. Here’s how you can check the status online:
How to Check Vishal Mega Mart IPO Allotment Status Online
1. On Kfin Technologies’ Website
- Visit the Kfin Technologies IPO allotment status page: https://ris.kfintech.com/ipostatus/
- Click on one of the five server links provided.
- Once the status is finalized, the company’s name will appear in the drop-down list.
- Enter your application number, Demat account number, or PAN.
- Complete the captcha and click Submit to view the allotment status.
2. On NSE Website
- Visit the NSE IPO bid verification page: https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
- Register if you are a new user.
- Select Vishal Mega Mart from the list.
- Enter your application number and click Submit.
3. On BSE Website
You can also check the allotment status on the BSE website.
Vishal Mega Mart IPO Listing Date
The shares of Vishal Mega Mart are set to be listed on both BSE and NSE on Wednesday, December 18, 2024.
About Vishal Mega Mart
Vishal Mega Mart, a supermarket chain catering to middle and lower-middle-income groups in India, offers a wide range of products, including apparel, FMCG goods, and general merchandise. As of June 2024, the company operates 626 stores across India, along with a website and mobile app for online shopping.
The IPO was an offer-for-sale with no fresh issue component, and the price band was set between ₹74 to ₹78 per share. Investors are now looking forward to the listing and potential market performance of the stock.
Stay tuned for the IPO allotment and be ready to check your status!
