Vishal Mega Mart has filed a draft red herring prospectus (DRHP) with SEBI to raise ₹8,000 crore through an initial public offering (IPO). The issue will consist entirely of an offer-for-sale of shares by promoter Samayat Services LLP, as per the DRHP. Promoters own 98.77% stake in the company, with 96.55% stake belonging to Samayat.