Vishal Mega Mart IPO IPO Subscription Status
The Vishal Mega Mart IPO IPO closed on 13 December 2024 with an overall subscription of 28.75x based on shares applied.
Allotment will be finalised on 16 December 2024. The stock is scheduled to list on NSE and BSE on 18 December 2024.
Issue Price
Rs 78.00
GMP Today
Rs 22.00 (+28.21%)
Overall Subscription
28.75x
Issue Size
₹8000.00 Cr
Allotment Date
16 Dec 2024
Listing Date
18 Dec 2024
What Do These Subscription Numbers Mean?
A subscription of 28.75x means the IPO received bids for 29 times the number of shares available. For every 29 applications, only 1 can receive an allotment.
Here is what each category number tells you:
Vishal Mega Mart IPO IPO Allotment Chances
Based on the final subscription data, here is a realistic view of allotment probability by category.
QIB Category: QIB allotment is discretionary and handled by the book running lead managers. Retail investors do not participate in this category.
Check the Vishal Mega Mart IPO IPO Allotment Status page from 16 December 2024 for your allotment result.
Vishal Mega Mart IPO IPO GMP After Subscription
GMP for Vishal Mega Mart IPO stands at Rs 22.00 today, giving an estimated listing price of Rs 100.00 per share.
The GMP has been mixed from Rs 15.00 on 5 Dec 2025 to Rs 15.00 on 5 Dec 2025.
A subscription of 28.75x combined with a GMP of 28.21% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Vishal Mega Mart IPO IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Vishal Mega Mart IPO IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 11 December 2024 |
| IPO Close Date | 13 December 2024 |
| Allotment Date | 16 December 2024 |
| Refund Initiation | 17 December 2024 |
| Share Credit to Demat | 17 December 2024 |
| Listing Date | 18 December 2024 |
| Minimum Investment | Rs 14,820.00 |
| Lot Size | 190 shares |
About Vishal Mega Mart IPO
Vishal Mega Mart, one of the Indian hypermarket chains with a huge focus on fashion, has been revolutionizing retailing in India since its inception in the year 2001. Fashion that's stylish yet not priced in the sky has created an exciting opportunity for serving an all-inclusive target market within Women's, Men's, and Kids'. The brand extends its value proposition from the Clothing division to Home and Kitchen appliances and travel gear.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Vishal Mega Mart IPO IPO Subscription FAQs
What is the current subscription status of Vishal Mega Mart IPO?
Vishal Mega Mart IPO IPO closed on 13 December 2024 with an overall subscription of 28.75x based on shares applied. QIB subscribed N/A, NII N/A, and retail N/A.
What are the allotment chances for retail investors?
Retail allotment chances depend on final oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When will Vishal Mega Mart IPO allotment be finalised?
Allotment will be finalised on 16 December 2024. You can check your allotment status on the Vishal Mega Mart IPO IPO Allotment Status page from that date.
What happens after subscription closes?
After the subscription closes, the registrar processes all applications and finalises allotment on 16 December 2024. Refunds for unsuccessful applications are typically initiated before listing. Shares are credited to demat accounts before the listing date on 18 December 2024.
Can I apply after subscription closes?
No. The subscription window closed on 13 December 2024. All applications must be submitted during the open period. Late applications are rejected automatically.
What is the difference between QIB, NII, and Retail subscription?
QIB includes institutional investors such as mutual funds, FIIs, and banks. NII includes high net worth individuals applying above Rs 2 lakh. Retail includes individual investors applying up to Rs 2 lakh. Each category has separate reservation and different allotment rules.
How does subscription affect allotment chances?
Higher oversubscription means fewer applicants receive allotment. In the retail category, allotment is by lottery. In the NII category, allotment is proportional. At 28.75x overall subscription, competition for shares is high.
What is the issue size and lot size for Vishal Mega Mart IPO?
Issue size is ₹8000.00 Cr. Lot size is 190 shares. Minimum investment at the issue price of Rs 78.00 is Rs 14,820.00 per lot.
For allotment results from 16 December 2024, visit the Vishal Mega Mart IPO IPO Allotment Status page. For listing day updates on 18 December 2024, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.