Vishal Mega Mart secures Rs 2,400 crore from anchor investors ahead of IPO launch

Vishal Mega Mart secured Rs 2,400 crore from anchor investors, including SBI Mutual Fund and Government of Singapore, for its Rs 8,000-crore IPO. The IPO, open from December 11-13, comprises an offer-for-sale by Kedaara Capital. Priced at Rs 74-78 per share, it will benefit the selling shareholder.