Vishal Mega Mart to launch Rs 8,000 crore IPO on December 11

zeenews.india.com — December 6, 2024 at 05:01 AM UTC

Vishal Mega Mart will launch its Rs 8,000 crore Initial Public Offering (IPO) on December 11, 2024. This IPO is an Offer For Sale (OFS) by its promoter, Samayat Services LLP, meaning the company will not receive any funds. The IPO will run from December 11 to December 13, with bidding for anchor investors starting on December 10. Samayat Services LLP currently owns 96.55 percent of Vishal Mega Mart. Vishal Mega Mart operates 626 stores across India and has a mobile app and website. The Indian retail market is expected to grow significantly, driven by organized retail trends.

With a significance score of 3.3, this news ranks in the top 16% of today's 0 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9000 minimalists.

Timeline:

[3.3]

Vishal Mega Mart to launch Rs 8,000 crore IPO on December 11 (zeenews.india.com)

96d 16h

Link Source

[3.2]

Vishal Mega Mart sets IPO price band at ₹74-78 per share with subscription opening December 11 (livemint.com)

96d 16h

Link Source

[3.9]

Vishal Mega Mart to launch ₹8,000 crore IPO on December 11 (hindustantimes.com)

97d 4h

Link Source

[3.3]

Vishal Mega Mart plans Rs 8,000 crore IPO from December 11 to 13 (timesnownews.com)

97d 9h

Link Source

[3.8]

Vishal Mega Mart plans Rs 8,000 crore IPO starting December 11 (economictimes.indiatimes.com)

97d 13h

Link Source