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Open
1 Feb 2013
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Close
5 Feb 2013
3
Allotment
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Listing
Wed, Feb 20, 2013
Price Band
₹195 to ₹215
Issue Size
44,96,000 shares (agg. up to ₹94 Cr)
Lot Size
66 Shares
Listing Date
Wed, Feb 20, 2013
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.21x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| RCL Retail Ltd. | SME | ₹5.80 Cr | ₹10 | null | ₹10.45 | +4.50% | ₹9.95 (+4.96%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To open 60 new stores | 69.70 |
| 2 | Expansion of distribution centres | 4.39 |
| 3 | Working Capital | 10.00 |
| 4 | General Corporate Purpose |
About V-Mart Retail IPO
Incorporated in 2002, V-mart is a medium-sized hypermarket format retail chain based in New Delhi. They are multi-brand family store offers apparels, general merchandise and kirana bazar.VMRL has established stores in Metro, Tier-I, Tier-II and Tier-III cities which are primarily located as standalone stores in high-street areas and shopping hubs of such cities. The average size of store is approximately 8,000 Sq. Ft. The company follows the concept of "value retailing" to target the strata of the population belonging to the expanding “aspiring class‟ and “middle class‟ and is based on customer’s socio-economic conditions, purchasing power, demographic details and customer trends. Its offerings in untapped markets provide customers with a different shopping experience, comprising of a vast range of value retail products under a modern ambience and feel of a large retail mall.V-mart have more than 62 stores across 53 cities including metro cities with a total area of more than 4 lac sq.ft. Company's stores are located in prime cities such as New Delhi, Gujarat, Uttar Pradesh, Bihar, Punjab, Chandigarh, Haryana, Jammu and Kashmir, Rajasthan and Madhya Pradesh. They are setting up sto
Contact Details
V-Mart Retail Ltd. AddressF-11, Udyog Nagar Industrial AreaPeeragarhi, Rohtak RoadNew Delhi, New Delhi, 110041+91 11 4525 4444compliance@vmart.co.inVisit Website