Vishal Mega Mart is making headlines today. The retail giant’s shares fell by over 7% in early trade on Tuesday, June 17. The drop came after a huge block deal, where nearly 91 crore shares — or 20.2% of the company — were traded in a single transaction.
This block deal was a big move by the promoter, Samayat Services. The deal was worth a massive Rs 10,488 crore. According to reports, the shares were traded at Rs 115 per share, nearly 8% lower than the previous closing price. Naturally, this surprised many investors and traders.
Why Did The Block Deal Happen?
Originally, the promoter was expected to sell 10% of its holdings to raise about $588 million (Rs 5,057 crore). But when the deal opened, it turned into a much bigger sell-off. The promoter ended up selling nearly 20% — double their original plan — which raised close to Rs 9,896 crore.
This move highlights the confidence of large investors in the future of Vishal Mega Mart. It also shows a dramatic reshuffle in the company’s ownership. Kedaara Capital and Partners Group — two well-known private equity players — are the main promoters alongside Samayat Services.
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Market Impact and Investor Reaction
As soon as the deal went through, the market responded. Vishal Mega Mart fell 7.3% to Rs 115.6 per share on the NSE by 9.17 am. Naturally, many traders were surprised, and it raised questions about future growth and profits.
But let’s put it into perspective. The company’s financial performance has been strong. If we look back at Q4FY25, Vishal Mega Mart’s net profit jumped 88% to Rs 115 crore. The revenue from operations grew 23% to nearly Rs 2,548 crore, and the EBITDA margin stood at 14%. That shows a healthy business, growing quickly.
Why It Matters Now
This block deal signals a big change in ownership. It shows that the promoter is reducing its holdings, which could bring in more liquidity and free-float in the market. It may attract a wider range of investors and boost trading activity.
For a company growing at this pace, a change in ownership can be a turning point. It may lead to new strategies, expansion plans, or even more innovations in the future.
Vishal Mega Mart’s block deal is more than just a large sell-off — it’s a reshuffle of ownership in a fast-growing retail chain. The deal highlights the confidence of large players in the company’s future, even as the stock drops in the short term.
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