Vishal Mega Mart Ltd’s initial public offering (IPO) garnered significant interest from investors, resulting in a substantial response. After the bidding period concluded, the IPO allotment status for the company is now publicly available. The company has completed the share allocation process. As per the ‘T+3’ listing rule, the company’s shares will be listed on the stock exchange within three days after the subscription period ends.
Now that the Vishal Mega Mart IPO allotment status is available, the company will:
- Credit shares to eligible investors’ demat accounts and,
- Refund money to unsuccessful bidders on Tuesday.
Vishal Mega Mart IPO Allotment Status: How To Check?
Registrar’s Website
- Jump into KfinTechnologies Ltd’s website: https://www.kfintech.com.
- Go into the Products sections.
- Tab on the ‘IPO allotment status’ option in the ‘Investors’ menu.
- Select from the 5 options and click on any link.
- Select Vishal Mega Mart in the drop-down menu for IPO names.
- To check your details, provide your application number, Permanent Account Number (PAN), or Demat account number.
- Furthermore, enter the captcha code, and then tab on the “Submit” button.
BSE Website
- Dive into the BSE’s website: https://www.bseindia.com.
- Check in the “Public Issues” tab.
- Select the “Check Status” option or visit the BSE IPO allotment status page directly at: https://www.bseindia.com/investors/appli_check.aspx.
- Choose the equity.
- From issue names menu, select “Vishal Mega Mart”.
- Provide your Permanent Account Number (PAN) or application number.
- Tab on the submit tab to see details.
NSE Website
- Log in with your User ID and password.
- Enter your PAN and bank account details.
- Check your share allotment status.
GMP And Other Details
According to media reports, Vishal Mega Mart IPO shares are currently trading at a premium of Rs 19 in the grey market. This means that the shares are being sold for Rs 19 more than their original issue price. This means that on the current market trend, the company’s shares are expected to list at Rs 97 each, which is 24.36% premium over the IPO price.
- The company aimed to raise Rs 8,000 crores.
- The minimum investment requirement was 190 shares.
- IPO opened on December 11, 2024, and closed on December 13, 2024.
- The company offered 1,025,641,025 shares for sale.
- The company kept the price band at Rs 74 to Rs 78 per share.
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