Vishal Mega Mart
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5% below
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About Vishal Mega Mart
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Vishal Mega Mart, one of the pioneers of retailing in India, is represented through its 590+ brick and mortar stores across the length and breadth of the country. We strive to make the aspirations of our customers affordable. Having said that we do everything that can take us nearer to our goal. Our proposition -best price, best assortment and best quality makes us unique among the millions of our customers who give us a chance to service them daily. While our stores house groceries, FMCG, fashion, household, electronics among other categories, we are currently online with fashion apparel only catering to men, women & kids Fashion. Our assortments online include Jeans, t-shirts, tops, casual shirts, formal shirts, trousers, ethnic wear, active wear and many more. At myvishal.com, we encourage you to indulge yourself more on online shopping with your choices of fashion assortment for all ages. What set us apart and unique is the right pricing with no compromise in quality in its products and services. With the most friendly return policy, you can visit any of our stores across India and return your order if you are not satisfied with them. Vishal is sharply focused at the needs of consumers in Apparel, General Merchandise, Grocery and Personal Care in Tier-1, Tier-2 and Tier-3 cities and towns and is dedicated to offer the best value and choice to its millions of customers.
Vishal Mega Mart Ratings
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Compare Vishal Mega Mart with Similar Companies
Change Company | Change Company | Change Company | ||
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Overall Rating | 3.8/5 based on 2.8k reviews | 3.9/5 based on 22.3k reviews | 4.3/5 based on 1.3k reviews | 3.9/5 based on 4.5k reviews |
Highly Rated for | Salary | Skill development Job security | Skill development Company culture Work-life balance | Job security Company culture |
Critically Rated for | No critically rated category | Promotions | No critically rated category | Promotions |
Primary Work Policy | Work from office 79% employees reported | Work from office 83% employees reported | Work from office 71% employees reported | Work from office 90% employees reported |
Rating by Women Employees | 3.9 Good rated by 145 women | 3.8 Good rated by 2k women | 4.3 Good rated by 152 women | 3.8 Good rated by 750 women |
Rating by Men Employees | 3.7 Good rated by 2.5k men | 3.9 Good rated by 19.3k men | 4.3 Good rated by 961 men | 3.9 Good rated by 3.4k men |
Job security | 3.4 Average | 3.8 Good | 4.1 Good | 4.2 Good |
Vishal Mega Mart Salaries
Department Manager
Store Manager
Assistant Store Manager
Retail Store Manager
Head Cashier
Fmcg Manager
Senior Associate
Cashier
Sales Executive
Logistics Manager
Vishal Mega Mart Interview Questions
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Vishal Mega Mart News
Vishal Mega Mart: India’s Fashion Powerhouse Dominating Aspirational Retail
- Vishal Mega Mart, backed by Singapore government and JP Morgan, is dominating aspirational retail in tier 2 and 3 cities in India.
- The recent blockbuster IPO of Vishal Mega Mart garnered bids worth $19 billion, indicating investor confidence.
- The retailer's success lies in its focus on tier 2 and 3 cities, where it understands local fashion trends and offers affordable and trendy fashion.
- Vishal Mega Mart's offline presence in hundreds of physical locations, along with its evolving digital strategy, contributes to its retail dominance.
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Vishal Mega Mart Gets New 'Buy' From ICICI Securities On Strong Business Growth
- Vishal Mega Mart has received a new 'buy' rating from ICICI Securities due to its strong business growth.
- ICICI Securities expects a revenue CAGR of 19% for Vishal Mega Mart, aided by strong same-store sales growth and increasing operational efficiency.
- The company has only tapped about 30% of the addressable tier two-four market, leaving substantial room for growth.
- Vishal Mega Mart stock rose 1.32% during the day to Rs 107.05 apiece on the NSE, with a potential upside of 27% according to analysts.
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Buy, Sell Or Hold: Tata Motors, LIC, SBI, Cipla, Swiggy, NTPC—Ask Profit
- Market analysts share insights for short-term and long-term investors on whether to buy, sell or hold shares of Swiggy, Vishal Mega Mart and Cipla, among others.
- Mazagon Dock Shipbuilders: Chowdhury suggests holding the stock for the long term, while Jain recommends buying shares as they are consolidating.
- Vishal Mega Mart: Chowdhury advises holding the stock for the long term, considering its focus on affordable retailing and expansion plans.
- LIC: Chowdhury advises selling shares and avoiding the insurance sector for now, suggesting HDFC Life as a better option.
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MobiKwik Listing, Fed Rate Cuts, Ashwin Retirement — The Week That Was
- The week was outstanding for the primary market, with companies that opened for subscription experiencing strong demand, while those that debuted on the exchanges saw significant listing gains.
- Companies like Vishal Mega Mart Ltd., One MobiKwik Systems Ltd. and International Gemmological Institute (India) Ltd. debuted on the bourses with a significant premium.
- The US Federal Reserve cut its benchmark interest rate for the third time in a row, while the 'One Nation, One Election' bill was tabled in the Lok Sabha.
- The Indian rupee fell below 85 against the US dollar, reaching a record low, and Accenture raised its fiscal 2025 revenue growth outlook.
Vishal Mega Mart ends 43% higher on listing day
- Vishal Mega Mart ended 43% higher on its listing day.
- The issue was subscribed over 27 times, with the institutional portion subscribed over 80 times.
- The retailer targets mid-income and low-income customers, offering value and bargains.
- Vishal Mega Mart derives a significant portion of its revenue from its own brands and works with top-class manufacturers.
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Vishal Mega Mart Shares Close At 43% Premium Over Listing Price
- Vishal Mega Mart shares closed at a 43.5% premium on the BSE and 43.4% premium on the NSE.
- The IPO was fully subscribed by the second day and received a 27.28 times subscription on the final day.
- Vishal Mega Mart operates a pan-India network offering apparel, general merchandise, and FMCG products.
- In the first half of the current fiscal, Vishal Mega Mart's revenue rose 19% to Rs 5,033 crore, with a net profit of Rs 254 crore.
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Vishal Mega Mart IPO listing today
- Vishal Mega Mart's IPO listing took place today.
- The quota for qualified institutional buyers was subscribed nearly 81 times.
- Non-institutional investors subscribed over 16 times, while retail investors subscribed only 2.3 times.
- Vishal Mega Mart is a one-stop destination catering to middle and lower-middle-income consumers in India, with a significant presence in tier-II cities.
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Vishal Mega Mart Shares Debut At 41% Premium Over Issue Price
- Vishal Mega Mart shares debuted at a premium of 41% over the issue price.
- The IPO comprised only of an offer-for-sale component worth Rs 8,000 crore.
- The company raised nearly Rs 2,400 crore via allocations to anchor investors.
- Vishal Mega Mart is a fashion-led hypermarket chain with a pan-India network.
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Premium Or Discount Listing? What GMP Of Vishal Mega Mart, Mobikwik And Sai Life Sciences IPOs Suggests
- The IPOs of Vishal Mega Mart, Mobikwik, and Sai Life Sciences have closed for subscription and are set to list on the BSE and NSE on Dec. 18.
- Investors can check the grey market premium (GMP) for a rough estimate of the possible listing price.
- Vishal Mega Mart IPO has a GMP of Rs 20.50 with a projected listing gain of 26.28%.
- MobiKwik IPO has a GMP of Rs 165 with a projected listing gain of 59.14%.
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Vishal Mega Mart IPO Allotment Status: How To Check Status On Kfin Technologies And BSE?
- The Vishal Mega Mart IPO allotment status is expected to be finalized on Monday, December 16.
- Investors can check the allotment status on the BSE website and the Kfin Technologies website.
- The IPO registrar for Vishal Mega Mart is Kfin Technologies.
- The IPO shares of Vishal Mega Mart are scheduled to be listed on the BSE and NSE on Wednesday, December 18.
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