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Home Market Research Business

Vishal Mega Mart promoter to sell 10% stake worth Rs 5,057 crore via block deal: Report

by TheAdviserMagazine
3 months ago
in Business
Reading Time: 2 mins read
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Vishal Mega Mart promoter to sell 10% stake worth Rs 5,057 crore via block deal: Report
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Vishal Mega Mart promoter entity Samayat Services LLP is expected to sell 10% equity in the company via block deals on Tuesday. The deal size is estimated at Rs 5,057 crore and the shares could go under the block at a floor price of Rs 110 per share, which is at a likely discount of 12% over today’s closing price of Rs 124.90.

The news was reported by CNBC-TV18 and Vishal Mega Mart shares today ended with an uptick of Rs 1.15 or 0.93%.

Samayat Services held 74.55% stake in the company as on March 31, 2025.

The midcap company, which has a market capitalisation of Rs 58,096 crore was listed on December 18, 2024.

Vishal Mega Mart shares have rallied 18% in 2025, so far outperforming Nifty which has delivered 5% returns this year. Since its listing the returns stand at 12%.

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Vishal Mega Mart is a diversified retail company in India, primarily operating as a hypermarket chain. Their core business revolves around providing a wide range of products at affordable prices to middle and lower-middle-income groups. They offer products under categories like apparel, general merchandise and Fast-Moving Consumer Goods (FMCG) including groceries, personal care items and household essentials.The retail chain reported an 88% year-on-year (YoY) rise in net profit to Rs 115.1 crore for the March 2025 quarter, compared with Rs 61.2 crore in the same quarter last year.Revenue from operations rose 23.2% to Rs 2,547.9 crore in Q4 FY25, up from Rs 2,068.9 crore in Q4 FY24. Operating performance also improved, with EBITDA climbing 42.6% to Rs 357 crore from Rs 250.5 crore in the year-ago period.

EBITDA margin expanded to 14% in the reporting quarter, compared with 12.1% a year earlier. EBITDA refers to earnings before interest, tax, depreciation, and amortisation.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)



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