New Delhi: A day after Vishal Mega Mart IPO allotment of shares was concluded on Monday, December 16, the grey market premium (GMP) price jumped a day ahead of its listing. The stock will be listed on NSE and BSE on December 18, Wednesday. As per investorgain, Vishal Mega Mart IPO GMP today stood at Rs 20.50. With the price band of Rs 78, the shares are expected to be listed at Rs 98.5, indicating a gain of 26.28 per cent. It may be noted that GMP figures are not official.
The Vishal Mega Mart IPO opened for bidding from December 11 and December 13. The IPO price band was set in the range of Rs 74-78 per share with a lot size of 190 shares. The company raised a total of Rs 8,000 crore via IPO, which was entirely an offer-for-sale (OFS) of up to 1,02,56,41,025 equity shares.
The initial public offer of the Gurgaon-based company received superb response from the investors. The public offer received bids worth Rs 1.60 lakh crore as investors applied for 20,64,25,17,700 equity shares compared to 75,67,56,757 equity shares on offer. Qualified Institutional Investors recorded bidding amounting to Rs 1.36 lakh crore for their allocation.
Vishal Mega Mart IPO allotment status
Vishal Mega Mart IPO applicants can check their allotment status on the Bombay Stock Exchange (BSE) website:
Open https://www.bseindia.com/investors/appli_check.aspx
Under the issue type, click Equity
Next step is to select Vishal Mega Mart Limited in the dropbox
Mention your application number
Enter PAN number
Click on ‘I am not a Robot’ option and hit search button
Allotment status will appear on screen.
The allottees of the IPO will also receive messages and emails.
The applicants can also check the allotment status on the website of KFin Technologies Limited (https://kosmic.kfintech.com/ipostatus).
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
The shares of Vishal Mega Mart IPO will list on BSE and NSE December 18, 2024. The GMP of Vishal Mega Mart has soared and it is indicating that the stock might list with gains of around 27 per cent. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
