Vishal Mega Mart

Business focus

Consumer Brands, Apparel & Retail

Description

Vishal Mega Mart, established in 2001, is a value-retail hypermarket chain ranked among India's top two offline-first diversified retailers, serving middle- and lower-income consumers. As of September 2024 it operated 645 franchised stores across 414 cities. Its December 2024 IPO raised about ₹8,000 crore, oversubscribed ~27x, and shares closed 43% above the issue price on debut.