Fri Dec 13 08:04:49 UTC 2024: ## Vishal Mega Mart IPO Opens with Strong Grey Market Premium

**Mumbai, December 12** – The initial public offering (IPO) of Vishal Mega Mart, a major supermarket chain, opened Monday and will close on Wednesday. The company aims to raise Rs 8,000 crore through an offer for sale (OFS). Early investor enthusiasm is evident, with the grey market premium (GMP) currently sitting at approximately Rs 20 per share. This represents a significant 22% premium over the IPO’s issue price. Shivani Nyati, Head of Wealth at Swastika Invest, notes the strong market interest. The IPO’s success will depend on continued investor appetite through the subscription period.

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