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Company Information

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VISHAL MEGA MART LTD.

01 July 2025 | 12:00

Industry >> Retail - Departmental Stores

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ISIN No INE01EA01019 BSE Code / NSE Code 544307 / VMM Book Value (Rs.) 12.28 Face Value 10.00
Bookclosure 52Week High 138 EPS 1.36 P/E 97.26
Market Cap. 61432.21 Cr. 52Week Low 96 P/BV / Div Yield (%) 10.73 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally incorporated as `Rishanth Wholesale Trading Private Limited' at Gurugram as a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated March 27, 2018, issued by the RoC. Subsequently, the name `Rishanth Wholesale Trading Private Limited' was changed to `Vishal Mega Mart Private Limited' and a fresh certificate of incorporation was issued by the RoC on May 28, 2020. Subsequently, our Company was converted to a public limited company and the name of our Company changed to `Vishal Mega Mart Limited' pursuant to a Shareholders' resolution dated April 26, 2024 and a fresh certificate of incorporation dated May 10, 2024 was issued by the RoC.

Major Events and Milestones:
2017
- Crossed revenue of ? 20,000 million, with 195 stores running

2018
- Achieved majority of sales from own brands in apparels and accelerated share of own brands in general merchandise and FMCG segments
- Expanded our operations in southern India

2020
- Received the NCPDEP - Mindtree Hellen Keller Award
- Crossed revenue of ? 50,000 million, with more than 350 stores running

2022
- Inaugurated its 500th store in India, and the spread of our stores reached to more than 300 cities
- Launched E-commerce/ Omni-channel Platform and Vishal Mega Mart Mobile Application, operated by our Material Subsidiary

2023
- Crossed an aggregate of 10 million square feet of retail space

2024
- Recognized as "Best Loyalty Programme of the Year - Food Retail and Non Food Retail" at the International Loyalty Awards 2023
- "Regional Winner Asia including the Indian sub-continent and all areas East" at the International Loyalty Awards, 2023
- Awarded Gold at Singapore's Loyalty and Engagement Awards 2023, in the category "Best Loyalty Strategy -Retail".
- Excellence in Value Retail - Bringing Societal Change through Advertising" at the Jagran Achiever Awards 2023
- Inaugurated its 600th store in India, and the spread of our stores reached to nearly 400 cities
- Became debt-free after repaying term loans taken for operational purposes