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Vishal Retail IPO is a book built issue of Rs 110.00 crores.
Vishal Retail IPO bidding started from June 11, 2007 and ended on June 13, 2007. The shares got listed on BSE, NSE on July 4, 2007.
Vishal Retail IPO price band is set at ₹230 to ₹270 per share. The minimum lot size for an application is 25 Shares. The minimum amount of investment required by retail investors is ₹6,750.
Axis Capital Limited is the book running lead manager of the Vishal Retail IPO, while Link Intime India Private Ltd is the registrar for the issue.
Refer to Vishal Retail IPO RHP for detailed information.
| IPO Date | June 11, 2007 to June 13, 2007 |
| Listing Date | July 4, 2007 |
| Face Value | ₹10 per share |
| Price Band | ₹230 to ₹270 per share |
| Lot Size | 25 Shares |
| Total Issue Size | 4,074,074 shares (aggregating up to ₹110.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Investors can bid for a minimum of 25 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 25 | ₹6,750 |
| Retail (Max) | 29 | 725 | ₹195,750 |
| Lot Size Calculator | |||
Incorporated in 1986, Vishal Retail Limited is amoung the leading retail houses in India based in Delhi. Vishal Retail has around 51 showrooms in 39 cities in India.
Vishal stores offer affordable family fashion at prices to suit every pocket. Vishal Retail also has apparel manufacturing plant at Gurgaon. It has seven distribution centers and a fleet of trucks for transportation.
Vishal Retail's total sales was Rs. 2,884.43 million for fiscal 2006, as opposed to a turnover of Rs. 1,463.12 million for fiscal 2005 and Rs. 881.04 million for fiscal 2004. During the same period our profit after tax was Rs. 124.74 million, Rs.30.20 million and Rs. 3.82 million, respectively. Its sales increased between fiscal 2004 and fiscal 2006 at a CAGR of 80.94% and profit after tax increased between fiscal 2004 and fiscal 2006 at a CAGR of 471.44%.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to meet the expenses of establishing new retail stores.
The Vishal Retail IPO is subscribed 69.08 times on June 13, 2007 5:00:00 PM. The public issue subscribed 50.40 times in the retail category, 45.55 times in the QIB category, and 311.57 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|
| Listing Date | July 4, 2007 |
| BSE Script Code | 532867 |
| NSE Symbol | V2RETAIL |
| ISIN | INE945H01013 |
| Final Issue Price | ₹270 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹270.00 |
| ₹472.50 |
| ₹423.25 |
| ₹809.00 |
| ₹752.20 |
| NSE |
|---|
| ₹270.00 |
| ₹472.50 |
| ₹472.50 |
| ₹784.40 |
| ₹753.10 |
Vishal Retail Ltd
Vishal Retail Limited
RZ-A-95 & 96, Road No.4, Street No.9,
Mahipalpur Extension, New Delhi 110 037 India
Phone: +91 11 3062 2002
Email: vishalipo@vrpl.in
Website: http://www.vishalmegamart.net
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: vishalipo@intimespectrum.com
Website: https://linkintime.co.in/initial_offer/public-issues.html
Vishal Retail IPO is a main-board IPO of 4,074,074 equity shares of the face value of ₹10 aggregating up to ₹110.00 Crores. The issue is priced at ₹230 to ₹270 per share. The minimum order quantity is 25 Shares.
The IPO opens on June 11, 2007, and closes on June 13, 2007.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Vishal Retail IPO opens on June 11, 2007 and closes on June 13, 2007.
Vishal Retail IPO lot size is 25 Shares, and the minimum amount required is ₹6,750.
You can apply in Vishal Retail IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Vishal Retail IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Vishal Retail IPO allotment status.
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