bullish

Vishal Mega Mart IPO - Showcasing the Wrong Peers, Somewhat Limited Upside

363 Views09 Dec 2024 13:24
Vishal Mega Mart is planning to raise around US$950m through its upcoming IPO in India. In this note, we talk about valuations.
What is covered in the Full Insight:
  • Introduction to Vishal Mega Mart IPO
  • 1H25 Performance Updates
  • Quick Peer Comparison
  • Thoughts on Valuation
  • Concluding Thoughts
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Sumeet Singh
Head of Research, IPOs & Placements
Aequitas Research
EquitiesEquity Capital Markets
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