Vishal Mega Mart IPO Day 2 Live Updates: Issue booked 51% so far, NII portion subscribed 1.11x; check GMP, other details

Vishal Mega Mart IPO Day 2 Live Updates: Vishal Mega Mart IPO, a hypermarket chain backed by Kedaara Capital, launched its initial public offering (IPO) on Wednesday, December 11. The public issue enters second day of bidding process today, December 12, and will conclude on Friday, December 13. The company secured ₹2,400 crore from various global and domestic institutional investors through its anchor book on December 10. On the first bidding day, Vishal Mega Mart IPO subscription status was 51%, as per BSE data. Despite the IPO attempting to navigate a vibrant market, its allocation for non-institutional investors (NIIs) w…