What is Vishal Mega Mart's business focus and history?
Vishal Mega Mart is a publicly traded company based in Gurugram, India, founded in 2001 by Ram Chandra Agarwal. It operates as a leading retail chain offering a wide range of products across apparel, general merchandise, and fast-moving consumer goods (FMCG). Vishal Mega Mart has raised significant funding, including a $1 billion investment from Kedaara Capital and Partners Group AG in 2018. The company has 18,029 employees and operates over 560 stores across India. Its top competitors include companies like D-Mart, Reliance Retail, and Big Bazaar.
Vishal Mega Mart Corporate Details & Core Services
Vishal Mega Mart is a leading Indian retail chain offering a wide range of products across apparel, general merchandise, and fast-moving consumer goods (FMCG).
Vishal Mega Mart Contact Information & Official Links
What are Vishal Mega Mart's Key Business Metrics & Stats?
No of employees
18029
Founded year
2001
Type
public
SAICS CODE
5600
NAICS Code
452210
Industry
Retail
Location
Gurugram, Haryana, India
Stock Name
VMM (NSE)
Other website
aboutvishal.com
Pricing Strategy
Economy, Standard, Premium
How much funding has Vishal Mega Mart raised to date?
Name
Description
Funding Amount
USD 1 Billion
Stage
Private Equity
Latest Valuation
5 Billion (USD)
Lead Investor
Kedaara Capital
Investors
Kedaara Capital, Partners Group AG
What are Vishal Mega Mart's Core Products?
Name
Description
Apparel
Men's, women's, and children's clothing including t-shirts, shirts, denims, and ethnic wear.
General Merchandise
Home appliances, crockery, furnishings, toys, stationery, travel products, and footwear.
Fast-Moving Consumer Goods (FMCG)
Food products like biscuits, snacks, noodles, tea, coffee, and staples; non-food products like baby diapers, hair oil, sanitary pads, and handwash.
What are the latest developments at Vishal Mega Mart?
Date
Type
Description
December, 2024
IPO
Vishal Mega Mart launched its initial public offering (IPO) in December 2024, raising approximately ₹8,000 crore.
June, 2023
Financial Results
Reported a 36% increase in revenues to ₹75.9 billion and a 60% rise in net profit, amounting to ₹3.2 billion for the fiscal year ending March 2023.
What industry awards and recognitions has Vishal Mega Mart received?
Date
Type
Description
July, 2023
Loyalty Program
Won 'Best Loyalty Programme of the Year Food Retail and Non-Food Retail' at the International Loyalty Awards 2023.
Vishal Mega Mart VS DMart VS Reliance Retail VS Big Bazaar : 2026 Comparison
