Business
Vishal Mega Mart shares in focus as IPO lock-in expiry frees up shares worth Rs 10,813 crore for trade
However, it is important to note that the lock-in expiry does not imply that all these shares will be offloaded in the market immediately. It simply means that these shares can now be traded by the shareholders. At the previous closing price of Rs 117.15 apiece on BSE, the said number of shares that will free up for trade today is worth nearly Rs 10,812.95 crore.
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Vishal Mega Mart share price
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.
The stock then fell over 10% to a record low of Rs 98.7 apiece in February 2025, before soaring 60% to a 52-week high of Rs 157.75 apiece in August 2025. The stock has since fallen nearly 26% from that level, closing at Rs 117.15 apiece on the BSE on Tuesday.
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Vishal Mega Mart Q4 Results
Vishal Mega Mart in May reported a consolidated net profit of Rs 167.92 crore for the fourth quarter of the financial year 2026, marking a nearly 46% year-on-year (YoY) jump from the Rs 115 crore net profit reported in the year-ago period. The firm’s revenue from operations meanwhile rose over 22% YoY to Rs 3,114 crore during the quarter under review.
“We look ahead at FY27 with excitement. We wish to be a strong contributor to India’s growing consumption story. India’s emerging retail landscape offers exciting and evolving opportunities across offline and digital commerce. With our extensive network and strong fundamentals, we are well-positioned to participate in these,” said Gunender Kapur, Managing Director and Chief Executive Officer of Vishal Mega Mart.
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