Store Expansion Will Be Funded Via Internal Cash & No Funds Are Required: Vishal Mega Mart

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#IPO Corner | ‘Promoter stake will come down from 98.7% to 76.02% post the IPO but Samayat Services and Kedaara Capital remain long-term believers in the company,’ says Gunender Kapur of #VishalMegaMart the Rs 8,000 cr issue opens out for subscription. Adds, the store expansion will be funded via internal cash and no additional funds are required. Expects to maintain revenue growth & margin trajectory

#vishalmegamart #ipo #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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