Big Block Deal Ahead: Kedaara-Backed Promoter to Offload 6.5% in Vishal Mega Mart

Vishal Mega Mart Ltd, one of India’s leading fashion-focused hypermarket chains, is in the spotlight as promoter entity Samayat Services LLP, backed by private equity firm Kedaara Capital, prepares to offload a 6.5% stake in the company.

According to the term sheet, the block deal will involve 305 million shares priced at ₹115 apiece, translating to a transaction value of approximately ₹3,508 crore. This marks another major liquidity event since the company’s IPO, drawing strong interest from institutional investors.

Key Highlights

• Stake Sale: 6.5% promoter stake to be sold via block deal.
• Deal Size: 305 million shares valued at ₹3,508 crore.
• Pricing: Floor price fixed at ₹115 per share.
• Promoter Holding: Samayat Services LLP held 54.09% stake as of December 2025.
• Market Impact: Expected to boost liquidity and widen institutional participation.

The stake sale underscores the growing investor appetite for retail-focused businesses in India. Vishal Mega Mart’s strong earnings momentum and store expansion strategy further enhance its attractiveness, even as promoters pare down holdings to unlock value.

Sources: Mint, CNBC-TV18, Moneycontrol, The Economic Times