Vishal Mega Mart IPO GMP, Allotment Date & Status Check Online
Vishal Mega Mart IPO allotment likely on 14th Dec 2024, or 16th Dec due to weekend. GMP at ₹17 signals a 22% premium. Learn how to check allotment status online and explore subscription trends for retail, QIB, and NII investors.
Vishal Mega Mart's IPO has garnered immense attention, especially after its bidding closed on 13th December 2024. With a GMP (Grey Market Premium) of ₹17, the IPO is creating buzz in the market, hinting at a 22% potential listing gain. The IPO price range is ₹74–₹78, and analysts expect a listing price of around ₹95.
What is Vishal Mega Mart IPO GMP Today?
The Vishal Mega Mart IPO GMP today stands at ₹17. This reflects strong market expectations, predicting a significant premium upon listing. GMP is an indicator of market sentiment before the shares officially hit the stock market.
Vishal Mega Mart IPO Subscription Status
The Vishal Mega Mart IPO achieved a robust subscription rate of 27.28 times by the end of the three-day bidding period. Here's the detailed breakdown:
- Retail Investors: Subscribed 2.31 times.
- Non-Institutional Investors (NII): Subscribed 14.25 times.
- Qualified Institutional Buyers (QIB): A massive 80.75 times subscription.
The demand was led by institutional investors, showcasing the company's promising future in retail.
Vishal Mega Mart IPO Allotment Date
The Vishal Mega Mart IPO allotment date is likely to be 14th December 2024. However, as this falls on a Saturday, any delay could push the allotment status announcement to 16th December 2024 (Monday).
How to Check Vishal Mega Mart IPO Allotment Status Online?
Applicants can easily check the Vishal Mega Mart IPO allotment status online. Here's how:
- BSE Website: Visit bseindia.com, and provide your application number or PAN details to check status.
- KFin Technologies Ltd: Go to kosmic.kfintech.com/ipostatus and follow the instructions to view your allotment.
Key Highlights of Vishal Mega Mart IPO
- GMP (Grey Market Premium): ₹17 today, indicating a possible listing at ₹95.
- Subscription: Total bids were 27.28 times the offer size, with strong demand from QIBs.
- IPO Price Band: ₹74–₹78 per share.
- Expected Listing Date: Post 'T+3' rule, the shares should list by 19th December 2024.
Investors can leverage this opportunity by tracking the allotment status and preparing for the potential listing gains.
