Vishal Mega Mart shares made a strong market debut, listing with a 41% premium over the IPO price at Rs 110 on BSE in December 2024. Although the offer was entirely an OFS, Vishal Mega Mart's maiden public issue received healthy demand from all sets of investors, especially from the QIB category, which bid more than 85 times its allotted portion.
Vishal Mega Mart shares are in focus due to the upcoming IPO lock-in expiry, freeing up shares worth Rs 10,813 crore for trading. The company had a strong market debut in December 2024, listing at a 41% premium over its IPO price of Rs 110 on BSE. Its public issue saw healthy…
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.