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Vishal Retail Ltd IPO (Vishal Retail IPO) Detail

June 11, 2007 - June 13, 2007

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.

Vishal Retail IPO Details

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 Size4,074,074 shares
(aggregating up to ₹110.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Vishal Retail IPO Lot Size

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

About Vishal Retail Ltd

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%.

Objects of the Issue (Vishal Retail IPO Objectives)

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.

Vishal Retail IPO Subscription Status (Bidding Detail)

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)

CategorySubscription (times)

Vishal Retail IPO Prospectus

Vishal Retail IPO Rating

Rating:Rated 4.0 stars
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Vishal Retail IPO Listing Details

Listing Date July 4, 2007
BSE Script Code 532867
ISIN INE945H01013
Final Issue Price ₹270 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Vishal Retail Ltd Contact Details

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

Vishal Retail IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Vishal Retail IPO - Buy or Not

Vishal Retail IPO Recommendation Summary

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Members 0 0 0

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Vishal Retail IPO FAQs

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.

The Vishal Retail IPO listing date is on July 4, 2007.
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Vishal Retail IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



458. brij sunder |   Link |  Bookmark |July 12, 2007 6:03:01 PM
i want to invest in omaxe ltd and omnitec ltd.could you please tell me it is resky or profitable.
457. Dina |   Link |  Bookmark |July 12, 2007 12:25:33 PM
hi all
can somebody plzzzz tell me the way to squareoff my margin plus buy position in icici...i just have to do that myself...otherwise i'll automatically be done by icici...(this is my first time to go towards marginplus)..plz help
456. Amityadav |   Link |  Bookmark |July 11, 2007 5:18:39 PM
Thanks Raj , filed a complain . Btw does it really help . How effective is it ???
455. Raj |   Link |  Bookmark |July 11, 2007 3:38:25 PM
Amit, File complaint with SEBI, its available online.
454. Amityadav |   Link |  Bookmark |July 11, 2007 2:51:14 PM
Hi Guys Help me out
I had applied in Vishal Retail IPO through my Depository Participant Geojit Financial Services. I didn't get any shares alloted and was suppose to get the refund of Rs 54000 refunded back to me though ECS in my HDFC BANK. But I still haven't got it .
On inquiring with the registrar of this IPO , Intime Spectrum , I came to know the address to which the cheque has been sent is wrong . First of all the refund should have been credited back to me through ECS and not by cheque .
Geojit people are not ready to help me out . Intime people say I need to send them a proof of me applying in the IPO and a request to cancel the cheque which they have issued to wrong address . And to issue a new cheque . But thing is all this was done online , so how can they get the wrong address .
How to tackle this situation .
My Application number was 51935237.
Thanks in Advance .
453. govind |   Link |  Bookmark |July 6, 2007 5:58:31 PM
sorry pal
452. raghu |   Link |  Bookmark |July 6, 2007 5:55:55 PM
Hi govind,

you may be referring to Message 432 i.e ip address But that's not me.

My ip address is
A case of mistaken identity.
451. govind |   Link |  Bookmark |July 6, 2007 5:53:07 PM
dear raghu . it is at432
450. raghu |   Link |  Bookmark |July 6, 2007 5:51:33 PM
Raghu i never told it will touch Rs 1000. Can you read old messages and extract that message number for me.

It is somebody else not me. I never advise people. I just help them make better decisions.
449. govind |   Link |  Bookmark |July 6, 2007 5:49:13 PM
raghu asks to hold till it touches 1000 on 4/7/2007. today he tells he has sold it for 761.has he been advising the public or tricking them
448. RCA |   Link |  Bookmark |July 6, 2007 5:41:02 PM
Yeah both the cases u dint sell below 750..
thats wat i've been telling to others also:|...
447. raghu |   Link |  Bookmark |July 6, 2007 4:15:42 PM

i got shares of vishal in IPO and sold 25@761 on listing day. Today i purchase again 25@680 and sell 25@765. It is not always necessary to hold the shares and then make profit.
It is a risky stock to hold. Whenever there is a rally, join intraday and sell.

446. RCA |   Link |  Bookmark |July 6, 2007 3:55:37 PM
Well...i was telling..
Those whoever sold the shares below 750 are all losers...
Keep rockkkkkkkkkkks...!
On Monday it'll surely end at 800+...
'll go consistently...only thing is u need patience for few days..!
445. Rakesh |   Link |  Bookmark |July 6, 2007 11:54:52 AM
chup bey shareking.. janta ko galat advice mat de.. apne share bech diye to sochte ho baki bhi kissi ka fayda na ho..
444. shareking |   Link |  Bookmark |July 6, 2007 10:51:27 AM
just quit this at cmp.... else it will go below 575....
443. well wisher |   Link |  Bookmark |July 6, 2007 10:50:14 AM
vishal chad raha hai bhaion utha lo ... baad mein mat bolna ki bataya nahi kisi ne...
442. RCA |   Link |  Bookmark |July 6, 2007 9:29:24 AM
Hold onnnnnnnn guysss...
u'll c it rocking in a very few days...
So stop selling at lows and avoid repenting later...!
441. Tanu |   Link |  Bookmark |July 6, 2007 9:14:38 AM
ya i totally agree with shailendra.. there are recommendations at MC also from experts to hold.. dont sellin panic.. it is the best ipo of the history and will definitely show huge upside from these levels.. and today it mav even cross 1000 mark.. so hold and if you have already sold it u can even buy at these levels to get 100% returns within a couple of trading sessions..
440. Shailendra |   Link |  Bookmark |July 6, 2007 9:07:37 AM
dont sell in panic. there are recos coming from lots of experts to hold and buy more at these levels. this is going to touch 900 level today. so happy investing...
439. IPO expert |   Link |  Bookmark |July 5, 2007 6:08:25 PM
hey all, sell vishal, u have already seen DLF effect today.
since market is down today even though DLF was cracking.
most of all vishal guys r trying to get DLF..
whoever booked profit get out from this stock n grab it on dip around 500 within 1 week.
dont take it easy guys.this is true..