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Vishal Mega Mart Limited IPO

  December 11,2024

Established in 2001, Vishal Mega Mart is a leading hypermarket chain in India offering a diverse range of products, including apparel, groceries, electronics, and home essentials.

Targeting middle and lower-middle-income groups, Vishal Mega Mart operates through a pan-India network of 645 stores, supported by its mobile app and website. The company has a presence in 414 cities across 28 states and two union territories, making it one of India’s top two offline-first diversified retailers.The company has a presence in 414 cities across 28 states and two union territories, making it one of India’s top two offline-first diversified retailers.

The company follows an asset-light business model, leasing all its stores and distribution centers while sourcing products from third-party vendors. Its direct local delivery service, managed by company employees, serves 6.77 million registered users across 600 stores in 391 cities in India.The company employs 16,537 people as of the same date. 

Vishal Mega Mart’s in-house brand portfolio spans across key categories to meet diverse consumer needs. Its technology driven operations and systematic processes ensure smooth and efficient business functioning.

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