Vishal Mega Mart made a strong debut with a 41% premium over its IPO price. The company’s consistent financial performance, with a revenue CAGR of 26.3% over FY22-FY24 and a solid market presence with 645 stores, underscores its strength in catering to India’s middle and lower-middle-class consumers. 
However, the IPO’s high valuations, with a P/E ratio of 67.83x and EV/EBITDA of 28.1x, make it less appealing for value-focused investors. Additionally, since the IPO was an offer for sale, the company will not receive any proceeds and the stock’s performance depends purely on market sentiment and growth execution. 

Short-term investors may consider booking profits given the listing gains, while long-term investors should monitor the company’s same-store sales growth and margin expansion before deciding to hold. New investors should avoid entry at current levels and wait for a price dip before entering.

Vishal Mega Mart made a strong debut with a 41% premium over its IPO price. The company’s consistent financial performance, with a revenue CAGR of 26.3% over FY22-FY24 and a solid market presence with 645 stores, underscores its strength in catering to India’s middle and lower-middle-class consumers. 
However, the IPO’s high valuations, with a P/E ratio of 67.83x and EV/EBITDA of 28.1x, make it less appealing for value-focused investors. Additionally, since the IPO was an offer for sale, the company will not receive any proceeds and the stock’s performance depends purely on market sentiment and growth execution. 

Short-term investors may consider booking profits given the listing gains, while long-term investors should monitor the company’s same-store sales growth and margin expansion before deciding to hold. New investors should avoid entry at current levels and wait for a price dip before entering.