|
Issue Open Date
|
11-Dec-24
|
|
Issue Closing Date
|
13-Dec-24
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
74
-
78
|
|
Minimium Application No.
|
190
|
|
Issue Size (Shares)
|
756756757
|
|
Market Lot
|
1
|
|
|
|
Objective
|
The Company will not receive any proceeds of the Offer for Sale by the Promoter Selling Shareholder. The Promoter Selling Shareholder will be entitled to the entirety of proceeds of the Offer for Sale after deducting its portion of the Offer related expenses and the relevant taxes thereon.
|
|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
162162163
|
2309991880
|
14.2449498530678
|
Qualified Institutional Buyers
|
216216215
|
17458559260
|
80.7458370316953
|
Retail Individual Investors
|
378378379
|
873966560
|
2.30976876191967
|
|
|
|
Business Description
We are a one stop destination for middle and lower-middle income India. We curate a diverse range of merchandize through ourportfolio of own brands and third party brands to fulfil the aspirational and daily needs of consumers. We offer products acrossthree major product categories, i.e., apparel, general merchandise and fast-moving consumer goods, through a pan-India networkof 626 Vishal Mega Mart stores (as of June 30, 2024) and our Vishal Mega Mart mobile application and website. We were rankedamong the three leading offline-first diversified retailers in India, based on retail space as of March 31, 2024 (Source: RedSeerReport at page 125). We are also the fastest-growing leading offline-first diversified retailers in India, based on profit after taxgrowth between Financial Years 2021 and 2024, and among the two leading offline-first diversified retailers in India in terms ofsame-store sales growth for Financial Year 2024
|
|
Promoter's Holding
|
|
Total Share Capital
|
4453118981
|
|
Offered to Public
|
756756757
|
|
Promoter's Holding (Pre-Issue)
|
96.46
|
|
Promoter's Holding (Post-Issue)
|
74.25
|
|
|
|
|
|
|
|
Address |
Plot No. 184 Fifth Floor Platinum Tower Udyog Vihar Phase-1
Gurugram,
Haryana,
122016
Phone : 0124-4980000
Email : secretarial@vishalwholesale.co.in
Website : www.aboutvishal.com
|
|
Registrar |
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B Plot 31-32 Gachibowli Financial District Nanakramguda Hyderabad
|
|
Listed at |
BSE, NSE
|
|
Lead Manager |
ICICI Securities Ltd Intensive Fiscal Services Pvt Ltd Jefferies India Pvt Ltd. JP Morgan India Pvt Ltd Kotak Mahindra Capital Co Ltd Morgan Stanley India Co Pvt Ltd
|
|
Promoters |
Kedaara Capital Fund II LLP Samayat Services LLP
|
|