The supermarket operator operates 118 stores across 45 cities under the “D’Mart” brand.
D-Mart parent Avenue Supermarts, which recently concluded its Rs 1,870-crore initial public offering (IPO), will list its shares on bourses on Tuesday. The D-Mart IPO, the biggest since PNB Housing Finance’s Rs3,000 crore offer in October last year, was subscribed more than 104 times earlier this month. Last year, Advanced… Read more »
Avenue Supermarts, the parent of the D-Mart chain of food and grocery supermarkets, on Wednesday announced a price band of Rs295-299 per share for its initial public offering (IPO). The issue, worth Rs1,870 crore, will open on 8 March and close on 10 March, while the anchor issue will open… Read more »
Besides a fresh issue of shares worth R$37 million, Prataap Snacks’s existing investors Sequoia Capital will also sell part of its shares.
India’s most profitable and fastest growing large modern retailer isn’t an arm of one of the big-name conglomerates. It is Avenue Supermarts Ltd, which owns and operates hypermarkets and supermarkets retail chain D-Mart, which returned a profit of Rs.211 crore in 2014-15, higher than Reliance Retail’s Rs.159 crore and Future… Read more »