On March 17, 2025, retail chain operator Vishal Mega Mart shares are in focus as the company’s shareholder lock-in period expires. As per news reports, the 3-month lock-in period will end on Monday, releasing 15.38 crore shares of the company for trading. These shares account for 3% of Vishal Mega Mart’s total outstanding equity.
It’s important to note that the expiration of the lock-in period does not imply that all the shares will be sold in the market, but rather that they will become eligible for trading.
As of the end of December 2024, India’s domestic Mutual Funds held an 8.66% stake in Vishal Mega Mart, while foreign portfolio investors (FPIs) owned 6.58%. Vishal Mega Mart also had 9.13 lakh retail shareholders, or those with authorized share capital up to ₹2 lakh, as of December 31, 2024, making up 4.52% of the total.
On March 17, 2025, Vishal Mega Mart share price opened at ₹99.10 and touched the day high of ₹102.90 at 10:40 AM. Despite correcting from its post-listing high, Vishal Mega Mart’s shares have managed to retain some of their gains. Still, the stock remains 25% above its IPO price of ₹79, finishing 1.6% lower on Thursday at ₹99.95.
Commenting on the results, Mr. Gunender Kapur, Managing Director and Chief Executive Officer said: “The last quarter was a milestone quarter for us with the successful completion of our IPO. We deeply thank our shareholders for their trust in us. Our heartfelt congratulations go out to every stakeholder— employees, customers, business partners, and advisors—whose efforts contributed to the success of our IPO listing.
Despite subdued demand conditions in the consumer industry, we delivered a robust financial performance, achieving revenue growth of 19.5% in Q3FY25 and 19.4% in 9MFY25 taking the revenue from operations to ₹31,359 million and ₹81,685 million respectively. Our profit after tax grew by 27.9% in Q3FY25 to ₹2,627 million and by 29.0% in 9MFY25 to ₹5,169 million. We focus on the middle and lower-middle-income groups in India, representing the largest consumer segment in India.
Our consumer-centric approach, coupled with an enhanced consumer value proposition, a unique merchandise mix at attractive price points, and enhanced in-store experience, has helped drive strong SSSG of 10.5% in Q3FY25 and 11.3% in 9MFY25. With 668 stores operational across India, we continue to strategically expand our footprints, with a focus on tapping the large underserved organized retail market across geographies.”
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Mar 17, 2025, 11:14 AM IST
Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
