Vishal Mega Mart IPO Allotment Status Released: How to Check Online and Latest GMP

The allotment status for Vishal Mega Mart’s Initial Public Offering (IPO) is now available, with the expected listing date set for Wednesday, December 18, 2024. After a strong investor response, the IPO allotment process has been finalized. The shares will be credited to the successful bidders' demat accounts, and refunds will be processed for unsuccessful applicants by Tuesday.

How to Check Vishal Mega Mart IPO Allotment Status Online

Investors can check their allotment status through the BSE and NSE websites, or directly on the IPO registrar’s platform, Kfin Technologies.

Check Allotment Status on BSE:

• Visit the BSE website at https://www.bseindia.com/investors/appli_check.aspx.
• Select 'Equity' under the "Issue Type."
• Choose ‘Vishal Mega Mart Limited’ from the dropdown menu.
• Enter your Application Number or PAN.
• Complete the CAPTCHA and click 'Search.'
• Your allotment status will be displayed.

Check Allotment Status on Kfin Technologies:

Go to Kfin Technologies’ IPO status page at https://kosmic.kfintech.com/ipostatus/.

Select ‘Vishal Mega Mart Limited’ from the IPO dropdown.

Enter your Application Number, Demat Account, or PAN details.

Enter the Captcha code and click 'Submit.'

Your allotment status will appear on the screen.

Vishal Mega Mart IPO GMP

Vishal Mega Mart shares are currently trading with a positive grey market premium (GMP). The GMP today is ₹19 per share, indicating that the shares are being traded at a ₹19 premium over the issue price. Based on this, the estimated listing price is ₹97 per share, reflecting a 24.36% premium over the IPO price of ₹78.

Vishal Mega Mart IPO Details: The IPO for Vishal Mega Mart opened on December 11, 2024, and closed on December 13, 2024. It was entirely an offer for sale (OFS) of 102.56 crore equity shares, raising ₹8,000 crore. The issue was oversubscribed 27.28 times, with heavy demand from all investor categories:

Retail investors: 2.31 times subscribed.

Qualified Institutional Buyers (QIBs): 80.75 times.

Non-Institutional Investors (NIIs): 14.24 times.

The price band for the IPO was ₹74 to ₹78 per share. The equity shares will be listed on both the BSE and NSE.

Conclusion: The allotment status for Vishal Mega Mart’s IPO is now available. Investors can easily check it online using the BSE, NSE, or Kfin Technologies’ websites. With strong grey market trends, the listing is anticipated to be a favorable one for investors.

For more IPO updates, stay tuned to financial news sources.