Public issue of up to 40,74,074 equity shares of Rs.10/- each (equity shares) for cash at a price of Rs.270/- per equity share aggregating Rs.110.00 Crores (issue), by Vishal Retail Limited (Vishal, company or issuer). 3,00,000 equity shares will be reserved in the issue for subscription by employees, (Employee Reservation Portion). The offer of equity shares other than the employee reservation portion shall be called the net issue. The net issue shall constitute 16.85% of the fully diluted post-issue capital of our company.Issue Price is Rs.270/- per equity share of face value Rs. 10Issue Price is 27 times the face value