Incorporated in 2002, Avenue Supermarts Limited is Mumbai based supermarket chain D-Mart. Company is among the largest and the most profitable F&G retailer in India. Commpany offer a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories.
Company has 112 stores located across 41 cities in India. Company operate and manage all its stores. Company also operate distribution centres and packing centres which form the backbone of the supply chain to support its retail store network. Company has 21 distribution centres and six packing centres in Maharashtra, Gujarat, Telangana and Karnataka.
The Promoters of the Company are:
1. Radhakishan S. Damani;
2. Gopikishan S. Damani;
3. Shrikantadevi R. Damani;
4. Kirandevi G. Damani;
5. Bright Star;
6. Royal Palm Trust;
7. Bottle Palm Trust;
8. Mountain Glory Trust;
9. Gulmohar Trust; and
10. Karnikar Trust
|Particulars||For the year/period ended (in Rs. Million)|
|Profit After Tax (PAT)||3,212.07||2,116.89||1,613.72||938.55||604.06|
The net proceeds of the IPO are proposed to be used as set forth below:
1. Repayment or prepayment of a portion of loans and redemption or earlier redemption of NCDs availed by the Company;
2. Construction and purchase of fit outs for new stores;
3. General corporate purposes.
»» Issue Open: Mar 8, 2017 - Mar 10, 2017
»» Issue Type: Book Built Issue IPO
»» Issue Size: 62,541,806 Equity Shares of Rs 10 aggregating up to Rs 1,870.00 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 295 - Rs 299 Per Equity Share
»» Market Lot: 50 Shares
»» Minimum Order Quantity: 50 Shares
»» Listing At: BSE, NSE
This section is moved. Please click 'Subscription (Live)' tab on top of the page.
Vote Here ...
Lead Manager Reports
Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...