MobiKwik, Vishal Mega Mart & Sai Life Science IPO Overview

# Vishal Mega Mart IPO VMM operates retail stores through its wholly owned subsidiary, Airplaza Retail Holdings (ARHPL). For the six months ended 30 June 2024, the firm reported a consolidated net profit of Rs 254.14 crore and sales of Rs 5,032.51 crore. Vishal Mega Mart's ₹8,000 crore IPO, which ran from December 11-13, 2024, consisted entirely of an Offer for Sale (OFS) of 102.56 crore shares. The IPO saw strong investor interest, achieving full subscription on its second day and ultimately being oversubscribed 28.75 times. The company set a price band of ₹74-78 per share for the offering. # Mobikwik IPO Mobikwik's ₹572 crore IPO, which took place from December 11-13, 2024, consisted entirely of a fresh issue of shares with no Offer for Sale component. 1 The IPO was met with significant investor demand, achieving a remarkable oversubscription of 125.69 times. 2 The company had set a price band of ₹265-279 per share for the offering. Revenue grew at a CAGR of 29% (over FY22-24) to ₹875cr and became profitable at both the EBITDA and PAT levels in FY24. # Sai Life Science IPO Sai Life Sciences reported a revenue of ₹1490 crore ($181 million) as of March 31, 2024, representing a 20% year-over-year growth. The company also witnessed a remarkable 729% surge in profits, increasing from ₹9.99 crore in March 2023 to ₹82.81 crore in March 2024. Before its ₹3,043 crore IPO, which included both fresh issue and OFS components, Sai Life Sciences raised ₹913 crore from anchor investors.