V-Mart Retail trades in green on raising Rs 374.99 crore

04 Feb 2021

V-Mart Retail is currently trading at Rs. 2491.00, up by 32.70 points or 1.33% from its previous closing of Rs. 2458.30 on the BSE.

The scrip opened at Rs. 2484.15 and has touched a high and low of Rs. 2549.80 and Rs. 2438.75 respectively. So far 1422 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2602.40 on 25-Jan-2021 and a 52 week low of Rs. 1293.70 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 2549.80 and Rs. 2376.60 respectively. The current market cap of the company is Rs. 4527.52 crore.

The promoters holding in the company stood at 50.60%, while Institutions and Non-Institutions held 41.07% and 8.33% respectively.

V-Mart Retail has raised Rs 374.99 crore by issuing shares to a set of investors through qualified institutional buyers (QIBs). The issue opened on January 28, 2021 and closed on Feb 2, 2021.

V-Mart Retail is one of the pioneers in setting up stores across various small Indian towns and cities. The company primarily operates in Tier-II and Tier-III cities, with a chain of ‘value retail’ departmental stores offering apparels, general merchandise and kirana, catering to the entire family.

Related V-Mart Retail Ltd. Links:

V-Mart Retail Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323