Following its three-day bidding period, the allotment of shares in the Vishal Mega Mart IPO is expected to be finalised on Monday, December 16. 

Vishal Mega Mart IPO saw a strong response from bidders getting booked 27.28 times on the back of demand from qualified institutional buyers (QIBs). Investors applied for 20,64,25,23,020 shares against the 75,67,56,757 shares put on offer.

Retail investors applied for 87,39,62,760 shares compared to the 37,83,78,379 shares set aside for them, booking their quota by 2.31 times.

Meanwhile, non-institutional investors (NIIs) subscribed their quota by 14.24 times, applying for 2,30,99,99,100  shares as compared to 16,21,62,163 shares reserved for them.

The issue was booked 80.75 times by qualified institutional investors (QIB), who applied for 17,45,85,59,260 shares against the 21,62,16,215 shares offered to them.

The Vishal Mega Mart IPO is an offer-for-sale issue of 102.56 crore shares worth Rs 8,000 crore. The price band was fixed at Rs 74 to Rs 78 per share. Vishal Mega Mart Ltd. shares are slated to be listed on the BSE and the NSE on December 18.

Investors who have applied for Vishal Mega Mart IPO will now look for their share allotment status. They can check the allotment status online on BSE, NSE and the registrar Kfin Technologies Ltd.’s websites.

How To Check Vishal Mega Mart IPO Share Allotment Status On BSE

  • Log on to the IPO allotment page on the BSE website here. 

  • Click on ‘Equity’ under the ‘Issue Type’ dropdown menu.

  • Select ‘Vishal Mega Mart Limited’ from the dropdown menu. 

  • Enter your application number or PAN.

  • Verify ‘Captcha’ to proceed.

  • Select the ‘Search’ option to view your allotment status.

How To Check Vishal Mega Mart IPO Allotment Status On Kfin Technologies

  • Go to the official website of KFin Technologies here.

  • Select any one from the five servers.

  • Choose ‘Vishal Mega Mart Limited’ from the list of companies.

  • Enter the Application Number, Demat account number or PAN.

  • Enter details as per your selection.

  • Clear Captcha.

  • Click Submit to view the allotment status.

You can also check the status by logging into the NSE website

Also Read: How To Check MobiKwik IPO Allotment Status On Link Intime?

Vishal Mega Mart IPO GMP Today

The grey market premium of the Vishal Mega Mart IPO was Rs 19 as of 9:01 a.m. on December 16, according to InvestorGain. This indicates a listing gain of 24.36 %, with the listing price being Rs 97 apiece.

Note: GMP or grey market price is not an official price quote for the stock and is based on speculation.

Also Read: How To Check Sai Life Sciences IPO Allotment Status On Kfin Tech?

Use of Proceeds

Vishal Mega Mart will not receive any proceeds from the IPO since it is an offer-for-sale issue.

About Vishal Mega Mart  Ltd. 

Vishal Mega Mart Ltd. is a hypermarket chain with a pan India network of 645 stores. The company sells affordable apparel, electronics, groceries and home essentials, targeting middle and lower-middle-income people. As of September 30, the company has a presence in 414 cities across 28 states and two union territories.

Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.

. Read more on IPOs by NDTV Profit.Investors who applied for Vishal Mega Mart IPO shares can check their allotment status online on BSE, NSE and the registrar KFin Technologies Ltd.’s websites.  Read MoreIPOs, Markets, Trending 

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