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 INR295 - 299 per share
Fresh issue INR1,870 crore
Offer For Sale Nil
Total IPO size INR1,870 crore
Minimum bid (lot size) 50 shares
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 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

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 7:30 PM) 
Day 1 Day 2 Day 3
QIB 12,677,966 1.84  9.14  144.61
NII  9,508,475 0.51  4.96  277.74
Retail  22,186,441 1.43  4.05  7.40
Total  44,372,882 1.35  5.70  104.53

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

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: INR600 per share (return of 100% on IPO price)

Closing Price on NSE: INR641.6 per share (return of 114.5% on IPO price)

Avenue Supermarts IPO (D-Mart IPO)
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58 thoughts on “Avenue Supermarts IPO (D-Mart IPO)

  • March 24, 2017 at 10:35 PM
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    bUMPER STOCK IN HISTORY

    Reply
  • March 21, 2017 at 8:49 AM
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    It’s my first ipo which i got it ….yeppeeee….

    Reply
  • March 21, 2017 at 8:47 AM
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    I had applied 11 lot but 1 lot only alloment. I think it’ll list at 600+.

    Reply
  • March 20, 2017 at 7:00 PM
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    I am happy that I got 50 shares of avenue supermart for the 2nd time in my 9 years in share market in ipo .I got 44 shares of icici prudential ipo earliearlier.

    Reply
  • March 20, 2017 at 2:25 PM
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    I have applied for 50 shares and the same has been allocated to me.

    Regard’s:
    Gaurav

    Reply
    • March 20, 2017 at 3:34 PM
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      You are lucky Gaurav, now if you can hold these shares for 10 years…

      Reply
  • March 20, 2017 at 1:20 PM
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    Against application no: 002E041430092405 while the no allotment was done, A message of & non a allotment & refund ( removal of bank hold) came on 18/3/17 but still hold is there. Kindly see and remove the bank hold.

    Reply
  • March 19, 2017 at 5:07 PM
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    I had applied for 13 lots. But due to oversubscription, I have not got alloted any shares. 🙁

    Reply
  • March 18, 2017 at 1:13 PM
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    I ALSO NOT GOT,,,,,,,,,,

    Reply
  • March 18, 2017 at 1:13 PM
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    I ALSO DID NOT GOT,,,,,,,,,,

    Reply
    • March 19, 2017 at 7:52 PM
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      on which date/time you applied for d mart

      Reply
  • March 18, 2017 at 12:05 PM
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    D mart allotment will done on monday…………….

    Reply
    • March 18, 2017 at 10:28 PM
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      Share allotment has been done, I got 50 shares and ₹14950 has been deducted from my a/c.

      Reply
  • March 18, 2017 at 11:52 AM
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    Allotment announced. reflecting now on linkintime. I did not got any..applied for 6 lots 🙁

    Reply
  • March 18, 2017 at 10:21 AM
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    NO allotment yet out of 17 applicants 4 will only get allotment

    Reply
  • March 18, 2017 at 10:02 AM
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    kab hoga allotment ?

    Reply
    • March 17, 2017 at 11:07 PM
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      Are u sure…I can’t see

      Reply
    • March 18, 2017 at 8:37 AM
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      Nopes, the site is loading properly and there is nothing for Dmart allocation.

      Reply
  • March 17, 2017 at 2:48 PM
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    But with the IPO expected to be handsomely oversubscribed, the applicants will be allotted shares in a lottery system.

    Reply
    • March 17, 2017 at 3:17 PM
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      have the ipos been alloted

      Reply
    • March 20, 2017 at 5:31 PM
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      *Clarification*
      There are many rumors regarding Dmart circuit filter on pre opening session.
      There is 75% circuit cap but IT IS SUBJECT TO REVISION IN 10% MULTIPLE AS PER ORDER FLOW.. SO THERE IS NO CAP IN PRE OPENING…AFTER PRE OPEN SESSION THERE WILL BE 20% CIRCUIT.

      Reply
  • March 11, 2017 at 10:01 PM
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    BUMPER LISTING atleast 450 for sure

    Reply
  • March 10, 2017 at 3:24 PM
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    oh!!!!! unbelievable…subscription in D-Mart. listing on bumper price. just wait for allotment, what chance to allotment of D-Mart. !!!!

    Reply
  • March 9, 2017 at 10:52 AM
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    Can someone please guide me , where are better chances to get shares allotted in retail or HNI category. I am trying to see if I put 2Lakh in retail vs 10L in HNI , where do I have better chances to get allotment ?

    Reply
  • March 5, 2017 at 5:35 PM
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    My analysis for the number of times D-Mart would be oversubscribed: QIB 51 times, HNI: 130 times and RII 10 times. Total Collection: Rs 90,000 Crore.
    Listing Price Rs 450 , Rs 550 ( in 30 days) 650 (3 months)

    Reply
    • March 6, 2017 at 7:13 AM
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      NII 260 times and listing a total 500+

      Reply
  • March 1, 2017 at 6:28 PM
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    D MART IPO
    ONE OF THE BUMBER IPOS OF 2017
    EVERYONE MUST TRY FOR IPO AND ALLOTMENT
    BEST LUCK

    Reply
  • February 28, 2017 at 10:02 PM
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    safest and best buy …………………….
    tarmat ltd.
    bse code – 532869
    nse symbol – tarmat ltd

    merger with a big corporate @ 63/- per share on the cards…announcement soon
    new multi-year high on 21.02.2017 @ 61.40 and going to touch 78.00 soon
    1 month target – 75-80
    3 month target – 110-120
    must buy

    ca ankit goyal

    Reply
    • March 16, 2017 at 9:54 AM
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      THIS IS BOGUS TIPS
      CURRENTLY TRADING AT 46.40
      DO NOT MIS-GUIDE PPL HERE

      Reply
  • February 28, 2017 at 10:02 PM
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    MUST BUY
    PORWAL AUTO
    (bse code- 532933)
    is being taken over @ 57.60/- per share : SOON NEWS WILL BE OUT
    ipo price – 75/- per share
    52-WEEK HIGH @ 52/80
    ON 01-03-2017 will open @ 42.30 AND upper circuit SOON @ 50-51
    1 month target – 82-83
    3 month target – 100-102

    don’t miss the golden opportunity.listed on bse only.
    very shortly going to list on nse also…….

    ca ankit goyal

    Reply
    • March 14, 2017 at 9:08 AM
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      1 month target toh fulfil hua nhi?

      Reply
  • February 28, 2017 at 10:01 AM
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    Very difficult to get allotment in good IPOs. I have been working on alternate/indirect scenarios now. For example, Future Retail is an excellent way to benefit from frenzy around Dmart IPO.
    Disclaimer – I bought but little juice left now.

    Reply
  • February 26, 2017 at 5:19 PM
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    d-mart kostak now 1500 and premium 160

    Reply
  • February 19, 2017 at 11:03 PM
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    Price band ???

    Reply
  • February 19, 2017 at 11:02 PM
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    D’mart expected date for issue …
    ND price

    Reply
  • February 16, 2017 at 9:49 PM
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    DMart kostak increased to 2400 now. The guys sold earlier must be repenting now. Look at V-Mart and Future Retail stock prices, rocket!!

    Reply
    • February 18, 2017 at 10:25 PM
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      Great news Ankit, DMart is nice but allotment will be tough. SME IPO offer better returns, have a look at Global Education

      Reply
  • February 11, 2017 at 4:29 PM
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    What is the money I can get on application in dmart???

    Reply
    • February 11, 2017 at 4:55 PM
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      dmart kostak is 1800 n I have sold my five applications…

      Reply
  • February 9, 2017 at 5:38 PM
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    good opportunity to make money

    Reply
  • February 9, 2017 at 10:22 AM
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    Dmart to Damani ki che. Chokho paiso banego. Lagao maal.

    Reply

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