Vishal Mega Mart raised around US$950m in its India IPO. Its IPO linked lockup will expire soon with its PE holders sitting on 10x gains.
What is covered in the Full Insight:
Introduction to Vishal Mega Mart IPO
Quick IPO Recap
Lock-up Dynamics
Recent Financial Performance
Concluding Thoughts
Boomeranged on Mon, 16 Jun 2025 19:41
Kedaara Capital is now, on the day of the lock-up expiry, looking to sell around 10% of the company, as per media reports, at a floor price of INR110/share.