Avenue Supermarts IPO (D-Mart IPO)

Avenue Supermarts IPO (D-Mart IPO)

Avenue Supermarts IPOAvenue Supermarts IPO

Avenue Supermarts is an emerging national supermarket chain, with a focus on value-retailing. According to Technopak, in Fiscal 2016 the company was one of the largest and the most profitable F&G retailer in India. Avenue Supermarts offers a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories.

As of 15 September 2016, Avenue Supermarts operated 112 stores with Retail Business Area of 3.40 million sq.ft, located across 41 cities in Maharashtra (58), Gujarat (26), Telangana (13), Karnataka (7), Andhra Pradesh (3), Madhya Pradesh (3), Chhattisgarh (1) and NCR (1). The company plans to deepen its store network in southern and western India and gradually expand the network in other parts of India pursuant to its cluster-focused expansion strategy.

Avenue Supermarts operates and manage all its stores which operate under the D-Mart brand. The company operates predominantly on an ownership model (including long-term lease arrangements, where lease period is more than 30 years and the building is owned by Avenue Supermarts rather than on a rental model. The company opens new stores using a cluster approach on the basis of adjacencies and focusing on an efficient supply chain, targeting densely-populated residential areas with a majority of lower-middle, middle and aspiring upper-middle class consumers.

Promoters of Avenue Supermarts: Radhakishan S. Damani, Gopikishan S. Damani, Shrikantadevi R. Damani, Kirandevi G. Damani, Bright Star, Royal Palm Trust, Bottle Palm Trust, Mountain Glory Trust, Gulmohar Trust and Karnikar Trust.

Avenue Supermarts IPO details
Subscription Dates 8 - 10 March 2017
Price Band To be updated
Fresh issue INR1,870 crore
Offer For Sale Nil
Total IPO size INR1,870 crore
Minimum bid (lot size) To be updated
Face Value  INR10 per share
Retail Allocation 35%
Listing On NSE, BSE

 

Avenue Supermarts’ consolidated financial performance (in INR crore)

FY2012 FY2013 FY2014 FY2015 FY2016
Total revenue 2,222.4 3,355.1 4,702.3 6,457.7 8,606.1
Total expenses 2,134.0 3,214.2 4,457.4 6,134.3 8,113.9
Profit after tax 60.4 93.9 161.4 211.7 321.2

 

Avenue Supermarts Contact Details

Avenue Supermarts Limited
B - 72/72A, Wagle Industrial Estate, Road No. 33, Kamgar Hospital Road
Thane 400604

Phone: +91 22 3340 0500
Fax: +91 22 3340 0599
Email: investorrelations@dmartindia.com
Website: www.dmartindia.com

Registrar of Avenue Supermarts IPO

Link Intime India Private Limited
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai – 400 078
Maharashtra, India

Phone: +91 22 2596 3838
Fax: +91 22 2594 6969
Email: asl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Avenue Supermarts IPO Subscription Details

Category Shares offered Subscription (No. of times, at 7 PM) 
Day 1 Day 2 Day 3
QIB
NII
Retail
Total

Avenue Supermarts IPO Allotment Status

Avenue Supermarts IPO allotment status will be available on Link Intime’s website. Click on this link to get allotment status.

You can also check your IPO allotment status from your mobile at
http://eipo.linkintime.co.in/ipo/ 
http://linkintime.co.in/ipo

LISTING PERFORMANCE OF Avenue Supermarts IPO

IPO Opening Date: 8 March 2017

IPO Closing Date: 10 March 2017

Finalisation of Basis of Allotment: 16 March 2017

Initiation of refunds: 17 March 2017

Transfer of shares to demat accounts: 20 March 2017

Listing Date: 21 March 2017

Listing Price on NSE:  To be updated

Closing Price on NSE: To be updated

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13 Comments on "Avenue Supermarts IPO (D-Mart IPO)"

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d-mart kostak now 1500 and premium 160

Price band ???

around 320 i think

D’mart expected date for issue …
ND price

DMart kostak increased to 2400 now. The guys sold earlier must be repenting now. Look at V-Mart and Future Retail stock prices, rocket!!

Great news Ankit, DMart is nice but allotment will be tough. SME IPO offer better returns, have a look at Global Education

What is the money I can get on application in dmart???

dmart kostak is 1800 n I have sold my five applications…

How to sale IPO application on kostak pls provide me guidance

How to sell the application I am Noida Based

Jow u sod with out opening of ipo

good opportunity to make money

Dmart to Damani ki che. Chokho paiso banego. Lagao maal.

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