Vishal Mega Mart promoter sells equity worth Rs 10,220 crore via block deals, 3 mutual funds among buyers

Vishal Mega Mart promoter entity Samayat Services LLP on Tuesday sold 90 crore equity shares worth Rs 10,220 crore in the company via block deals. Among the buyers were SBI Mutual Fund, HDFC MF and Kotak Mahindra MF who bought just over 32 crore shares between them at a combined cost of Rs 3,636 crore.

Half of the shares were sold at a price of Rs 113.51 a piece while the remaining were sold at Rs 113.61 which was at a discount of 9% from the Monday closing price of Rs 124.85.

SBI MF bought nearly 16.6 crore shares worth Rs 1,882 crore in a couple of tranches. Kotak MF purchased 7.95 crore shares at Rs 903 crore while HDFC MF bought 7.5 crore shares at a deal size of Rs 851 crore.

Vishal Mega Mart promoter entity Samayat Services LLP on Tuesday sold 45 crore equity shares worth Rs 5,108 crore in the company via block deals. The shares were bought by SBI Mutual Fund, HDFC MF and Kotak Mahindra MF.

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 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%.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.

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