Vishal Mega Mart IPO Listing & Share Price Highlights: Shares jump 43.50% in debut trade; market-cap at ₹50,475 cr

Vishal Mega Mart IPO listing, Vishal Mega Mart IPO share price updates December 18, 2024: Vishal Mega Mart’s shares soared 43.5% on debut, closing at ₹111.95 on the BSE, significantly above the issue price of ₹78. The stock hit a day-high of ₹115.60, a 48.2% surge, with heavy trading volumes—795.19 lakh shares on the BSE and 7,287.32 lakh on the NSE. The ₹8,000-crore IPO, subscribed 27.28 times, was priced at ₹74-78 and consisted entirely of an Offer-for-Sale by promoter Kedaara Capital-led Samayat Services LLP. With a ₹50,475 crore market cap, Vishal Mega Mart operates 626 stores, offering apparel, general merchandise, and FMCG products, complemented by a robust online presence.