Vishal Mega Mart IPO Allotment Status: Vishal Mega Mart Limited, a prominent player in the Indian retail sector, recently concluded its Initial Public Offering (IPO). The IPO, which opened for subscription on December 11, 2024, and closed on December 13, 2024, witnessed strong investor interest.
IPO Details:
- Issue Price: Rs 195 per share
- Issue Size: Rs 8,000 crore
- Minimum Bid Lot: 48 shares
- Maximum Bid Lot: 13 lots of 48 shares each
Allotment Status:
The allotment of shares to successful bidders is expected to take place on December 16, 2024. Investors can check their allotment status online through the following methods:
1. Kfin Technologies:
- Visit the official website of Kfin Technologies: https://ris.kfintech.com/ipostatus/
- Select “Vishal Mega Mart Limited” from the “Select IPO” dropdown menu.
- Enter your application number, demat account number, or PAN.
- Enter the captcha code and click on “Submit.”
- Your allotment status will be displayed on the screen.
2. Bombay Stock Exchange (BSE):
- Visit the BSE website: https://www.bseindia.com/investors/appli_check.aspx
- Select “Equity” under the “Issue Type” dropdown menu.
- Choose “Vishal Mega Mart Limited” from the “Issue Name” dropdown menu.
- Enter your application number or PAN.
- Verify the captcha code and click on “Search.”
- Your allotment status will be displayed on the screen.
What Happens After Allotment:
If you are allotted shares, they will be credited to your demat account. The shares are expected to be listed on the stock exchanges on December 18, 2024.
Important Considerations:
- Cut-off Time: The cut-off time for checking the allotment status is usually 6 PM on the allotment date.
- Refund Process: If you are not allotted shares, the refund process will be initiated on the same day as the allotment.
- Listing Date: The shares are expected to be listed on the stock exchanges on December 18, 2024.
Final Thought
The Vishal Mega Mart IPO has generated significant buzz among investors. As the allotment date approaches, investors are eagerly awaiting the results. By following the steps outlined above, you can easily check your allotment status and plan your next steps accordingly.
Disclaimer:
This article is for informational purposes only and should not be construed as financial advice. It is recommended that you consult with a financial advisor before making any investment decisions.
