Vishal Mega Mart will finalise the allotment of shares on December 16. The issue was booked to a total of 28.75 times. The retail portion was booked 2.43 times and the NII category 15 times. The subscription was led by the QIBs, 85.11 times. The company opened the IPO bidding on December 11 and closed the subscription on December 13. Here’s a guide to check the allotment status online on Kfin Technologies:
Step 1
Go to the website of the registrar. Here, Kfin Technologies is working as the registrar.
Step 2
Now, hover over the ‘Products’ button and wait for a drop-down. After that, click the IPO allotment status in the ‘investors’ section.
Also Read Mobikwik IPO GMP, Subscription Status Highlights: Check allotment, listing, and other details Vishal Mega Mart IPO Subscription Status Highlights: Check GMP price, allotment, listing, and other details Vishal Mega Mart IPO opens December 11: Know more on these 4 factors before you decide to subscribe Dhanlaxmi Crop Science IPO: Details of NSE SME IPO allotment status, GMP, listing date, 7 other key details
Step 3
Choose any one link from the provided five links.
Step 4
Fill in your details: company’s name, account number/ D’mat account/ PAN number, and captcha number
Step 5
Hit the submit button and a screen will appear with the status of allotment.
Listing
The listing of the company is expected to take place on December 18 on the NSE and BSE mainboard segments, as per the tentative schedule.
Vishal Mega Mart IPO Details
The company opened the IPO to raise Rs 8,000 crore from investors by offering them 102.56 crore promoters and selling shareholders’ shares. The company kept the IPO price band in a range of Rs 74 to Rs 78 per equity share. Vishal Mega Mart is a large retail chain that offers a diverse selection of items, including clothing, food, electronic devices, and household necessities. They possess their brands as well as third-party brands to fulfil the daily requirements of consumers.
Also ReadCatch all the live updates on Vishal Mega Mart on the live blog of FinanialExpress.com
Vishal Mega Mart IPO review
“Vishal Mega Mart, the 2nd largest offline-first diversified retailer, is well placed to capitalize on the growing middle-class population in India.
» Read More
