Vishal Mega Mart IPO Allotment Status- Vishal Mega Mart IPO shares may be allotted today. You can check online whether you have received shares or not.
Supermarket chain Vishal Mega Mart’s Rs 8,000 crore IPO received tremendous support from investors and it was subscribed 28.75 times. The issue’s reserved portion for qualified institutional buyers was subscribed 85.11 times, the reserved portion for non-institutional investors was subscribed 15 times and the reserved portion for retail investors was subscribed 2.43 times. The allotment of IPO shares is likely to happen today i.e. on 16 December. You can know online whether you have received shares of this Vishal Mega Mart IPO or not. You can check the status of Vishal Mega Mart IPO on the website of IPO registrar KFintechnologies Limited, BSE and NSE.
The price band of Vishal Mega Mart IPO was Rs 74-78 per share and one lot contained 190 shares. The IPO had an offer for sale (OFS) of only 102.56 crore shares and no new shares were issued. This means that the proceeds from the IPO will go to the selling shareholders. The shares will be listed on BSE and NSE on December 18.
Financial position of the company
Vishal Mega Mart’s revenue in FY 2023-24 grew 17.41% year-on-year to Rs 8,945.13 crore. It was Rs 7,618.89 crore a year ago. Meanwhile, net profit grew 43.78% year-on-year to Rs 461.94 crore from Rs 321.27 crore a year ago.
How to check allotment status
Registrar’s website
- Visit KFinTechnologies website https://www.kfintech.com.
- Go to the product section.
- Click on the ‘IPO Allotment’ option in the Investor menu.
- Click on any of the 5 options given here.
- In the drop-down menu named IPO, select Vishal Mega Mart.
- To view your details, enter the application number, PAN or demat account number.
- After this, enter the captcha code and click on the “Submit” button.
- The status of the shares will be in front of you.
BSE website
- Visit the BSE website https://www.bseindia.com.
- Click on the Public Issues tab.
- Click on Check Status or go directly to the BSE IPO Allotment Status page https://www.bseindia.com/investors/appli_check.aspx.
- Select Equity.
- Select Vishal Mega Mart from the menu named IPO.
- Enter PAN or Application Number.
- Click on the submit tab to view the details.
Investors can also check the status of their share allotment on the NSE website by inputting their PAN and bank account details. For this, they will first have to log in using their user ID and password.
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