Announcement

Vishal Mega Mart Limited announced that it has been included in the 2025 Burgundy Private Hurun India 500 list, a ranking that identifies the 500 most valuable companies in India. The list is compiled jointly by Axis Bank’s Burgundy Private and Hurun India and serves as a benchmark of corporate success in the Indian economy.

Company Profile and Scale

Vishal Mega Mart describes itself as a one‑stop destination for affordable aspirations of young and middle‑income Indian consumers, offering fashion, general merchandise and FMCG products. The retailer operates more than 800 stores across over 535 cities. It manages a portfolio of 26 own brands, which together generate approximately 75 % of the company’s revenue. Its digital quick‑commerce initiative is available in more than 500 cities and has attracted a registered user base of 14 million. The company’s loyalty programme serves 169 million customers, making it the largest loyalty programme in India and the 12th largest worldwide.

Additional Recognitions

In addition to the Hurun India 500 inclusion, Vishal Mega Mart has been listed in the Kantar BrandZ™ 2025 Most Valuable Indian Brands List (Top 100).

Statement from Management

Mr. Gunender Kapur, Managing Director and Chief Executive Officer of Vishal Mega Mart, said the inclusion “reflects the trust that millions of customers across India place in us and the dedication and hard work of thousands of our employees in our stores, warehouses and offices across the country.”

About the Hurun India 500 List

The Hurun India 500 is an annual ranking published by Hurun India that evaluates companies based on market capitalisation for listed firms or estimated valuation for unlisted firms. The 2025 Burgundy Private Hurun India 500 highlights organisations that have demonstrated sustained value creation, strong business performance and long‑term growth, and it is regarded by industry leaders, investors and policymakers as an important indicator of corporate performance and business leadership in India.