If you are someone who loves shopping, then you will probably know about Vishal Mart online. Well, it is the one-stop shop for all the middle and lower-middle-income groups in India. You will find a lot of merchandise through portfolios of their own brands. In this article, we will be giving you a brief IPO review about the vishal mart online. So, keep reading the article till the end.
What is Vishal Mart Online?
For the unversed, let me tell you that Vishal Mart is a great place to shop for all middle and lower-income groups. The reason being they have got a wide range of merchandise through the portfolio of their own brands as well as the third-party brands so that they can fulfil the diverse needs of the customers. You will find that the Vishal Mart online offers products across diverse ranges, which include apparel, general merchandise, and fast-moving consumer goods through a Pan India network of 645 Vishal Mega Mart stores (as of September 30, 2024) and Vishal Mega Mart mobile application and website.
Not only that, the Vishal Mart is ranked among the top three offline first diversified retailers in India. As the Vishal Mart management, the retailer is currently dominating in the North and Eastern regions. It has plans to enter other regions in order to expand itself and have an Indian presence
What’s More?
If you are to look at the Vishal Mart online IPO review, then let me tell you that the mega mart exclusively is offering a sale which is valued at ₹8,000 crore from Samayat Services LLP, which holds a 96.46 percent stake in the company.
Vishal Mart Share GMP
If you are a share market enthusiast, then let me tell you that the Vishal Mart GMP is currently showing at roughly 31%, with the current GMP at 24%.
This robust GMP is indicating that the substanstantial interest as present GMP of 24% suggests the potential listing premium of about 31%. With the current GMP it can be estimated that the growth of Rs.17 crore has been observed.
Is it a Good Idea to Subscribe to Vishal Mart IPO?
If you are looking the answer to this question, then, let me tell you that the projected market capitalization is approximately is at Rs.35crores. the company’s IPO is valued at 71 times its projected FY25 earnings. This valuation will be appearing more modest as it is compared to its primary retail competitors and with the Avenue Supermarts trading at PE multiple of 92 percent. There will also be a Trent commanding of higher multiple of 137.
So, considering the established position of the Vishal Mega mart and their operational scale and focus on serving the demographic scale. It would be a good opportunity for the investors to invest and subscribe to its IPO, despite the aggressive pricing. It also will be offering the investors a chance to participate as well as expand its consumption patterns across India’s smaller cities and towns.
Conclusion
Investing in the Vishal Mart online IPO can be a great option if you are looking to invest in shares that have scalability. With a widened focus on growing and expand its presence, Vishal Mart is committed to bringing operational success everywhere in India. That’s all folks. I hope the article will help you to get all the information you need.
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