Vishal Mega Mart IPO Allotment Status: Check GMP and Listing Date

The much-anticipated IPO of Vishal Mega Mart, one of India’s leading hypermarket chains, has generated immense interest among investors. The IPO allotment status is expected to be finalized soon, marking a crucial milestone for bidders. Here’s a detailed guide on the allotment process, grey market premium (GMP), and listing date.

IPO Allotment Status and Process

The Vishal Mega Mart IPO allotment date is likely to be finalized today, as the subscription period ended on December 13, 2024. Following the ‘T+3’ rule, the listing of shares must be completed within three days after the subscription closes, which means the shares are expected to be listed on December 18, 2024.

Once the allotment is finalized, eligible allottees will receive shares in their demat accounts, and refunds for unsuccessful bids will be processed.

How to Check Vishal Mega Mart IPO Allotment Status

Investors can check the allotment status using the following methods:

1. BSE Website

1. Visit the BSE IPO Allotment page.
2. Select "Equity" under the issue type.
3. Choose "Vishal Mega Mart Limited" from the dropdown.
4. Enter your application number or PAN ID.
5. Click "I am not a Robot" and hit search.

2. Kfin Technologies Portal

1. Go to the Kfin IPO Allotment page.
2. Select "Vishal Mega Mart Limited" in the dropdown menu.
3. Choose the mode: Application number, Demat account, or PAN ID.
4. Fill in the details and solve the captcha.
5. Click submit to view the status.

Vishal Mega Mart IPO Grey Market Premium (GMP)

The grey market premium for Vishal Mega Mart shares is currently at ₹19 per share, indicating strong investor sentiment. This GMP suggests an estimated listing price of ₹97, offering a 24.36% premium over the IPO price of ₹78 per share.

IPO Subscription Details

The Vishal Mega Mart IPO received robust demand across all investor categories, with a total subscription of 27.28 times.

• Qualified Institutional Buyers (QIBs): Subscribed 80.75 times
• Retail Investors: Subscribed 2.31 times
• Non-Institutional Investors (NIIs): Subscribed 14.24 times

The total bids stood at 2,064 crore equity shares, far exceeding the offer size of 75.67 crore shares.

IPO Details

The IPO was open for public subscription between December 11 and December 13, 2024, with a price band of ₹74-₹78 per share. Vishal Mega Mart raised ₹8,000 crore through the offer, which was entirely an offer for sale (OFS) of 102.56 crore equity shares.

Vishal Mega Mart Listing Date

The equity shares of Vishal Mega Mart are expected to debut on both BSE and NSE on December 18, 2024. Investors are optimistic about its strong market performance, supported by solid subscription numbers and a positive GMP trend.

The Vishal Mega Mart IPO has drawn significant attention, reflecting investor confidence in the hypermarket chain's growth prospects. To avoid delays, investors should promptly check their IPO allotment status through the BSE or Kfin Technologies portals. With a promising grey market premium and substantial oversubscription, the Vishal Mega Mart IPO listing is eagerly awaited.

Stay tuned for more updates and ensure you verify your allotment status to prepare for the upcoming listing day.