Vishal Mega Mart shares plunged 7-9% after promoter Samayat Services LLP executed a massive block deal involving ~14.2% equity worth ₹7,915 crore at ₹115 per share (10% discount to CMP ₹127.50), bringing total promoter stake sales to ~₹18,000+ crore since listing amid strong Q3 results (19% PAT growth).

Vishal Mega Mart Block Deal – Complete Breakdown

Deal Mechanics

Trading impact: Shares hit intraday low ₹117 (-8.2%), recovered to ₹120 (-5.9%) by 10 AM.

Check out Vishal Mega Mart Share Price details

Promoter's Aggressive Exit Pattern

Post both deals: Promoter stake falls from 74.6% → ~39.9%, well below 51% control threshold.

Business Context – Strong Fundamentals Amid Promoter Exit

Q3 FY26 Results (reported alongside block deal buzz):

• Revenue: ₹3,670 Cr (+17% YoY)
• PAT: ₹312.9 Cr (+19.1% YoY)
• Store additions: 29 gross stores (no closures), 9M total 80 new stores
• Key markets: Kerala, Gujarat, Maharashtra expansion
• MD comment: "Healthy festive demand, strong own brands, opening price points driving footfalls"

Why sell now? Peak valuations post strong execution + pre-IPO lock-in expiry momentum exhausted.

Strengths of Vishal Mega Mart (Despite Promoter Selling)

• 19% PAT growth on 17% revenue amid 80-store expansion shows execution strength.
• Value retail leader in Tier-2/3 cities with own brands + opening price points.
• 29 stores added Q3 (no closures) demonstrates aggressive, disciplined growth.
• Float increase post promoter exit improves liquidity, index inclusion potential.
• 150-day lock-in on remaining stake prevents immediate further supply.

Risks Highlighted by Block Deal

• Aggressive promoter exit: 33.8% stake sold in <1 year signals confidence loss.
• Supply overhang perception: Large deals at 8-10% discounts pressure valuation.
• 39.9% stake: Promoter loses absolute control (<51%), governance concerns.
• Retail stock volatility: Block deals trigger panic selling, momentum unwind.
• PE multiple compression: Strong fundamentals but rich post-listing valuations.

FAQs

1. Who sold shares in Vishal Mega Mart block deal?
Samayat Services LLP (investment vehicle of Kedaara Capital + Partners Group) sold ~14.2% equity worth ₹7,915 crore on Feb 27, 2026.

2. What was the block deal price and discount?
Shares sold at ₹115 per share, representing ~10% discount to previous close of ₹127.50.

3. How much stake has promoter sold total?
33.8% equity across two deals: 19.6% (₹10,220 Cr) in Jun 2025 + 14.2% (₹7,915 Cr) in Feb 2026 = ₹18,135 Cr total.

4. What is promoter stake now?
From 74.6% → ~39.9% post both deals (Dec 2025 quarter was 54.09%). Falls below 51% control threshold.

5. Is there lock-in on remaining stake?
Yes – 150-day lock-in applies to shares not sold in the block deal, preventing immediate further exit.

6. How did Vishal Mega Mart shares react?
Shares fell 8.2% intraday to ₹117, recovered to ₹120 (-5.9%) by 10 AM amid high volumes.upstox+1

7. Vishal Mega Mart Q3 results context?
PAT +19.1% to ₹312.9 Cr, revenue +17% to ₹3,670 Cr, 29 stores added – strong execution despite promoter selling.

8. Who were the buyers in block deal?
Not disclosed – likely large DIIs/MFs (SBI MF, HDFC MF participated in Jun 2025 deal). Morgan Stanley + Kotak advisors. ​