V-Mart Retail Limited is entering in the capital markets with an initial public offering, IPO of 5,746,000 Equity Shares of Rs 10 each. The price band for the issue has been fixed at Rs 195/- at lower level and Rs 215/- at upper level.
V-Mart is a medium-sized hypermarket format retail chain based in New Delhi. They are multi-brand family store offers apparels, general merchandise and kirana bazar.
The issue opens on Feb 01, 2013 and closes for subscription on Feb 05, 2013. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).