Avenue Supermarts Limited IPO

Avenue Supermarts Limited

Issue Open

Mar 08, 2017

Price Band

₹ 295 - ₹ 299

Issue Size

₹ 1,870.00 Cr

Credit of Shares to Demat

-

Issue Close

Mar 10, 2017

Bid Lot

50

Listing Exchange

BSE, NSE

Cut off time for UPI Mandate Confirmation

-

Issue Type

Book Built Issue IPO

Minimum Order Quantity

50

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Mar 21, 2017

Refunds

-

About the company:

Avenue Supermarts Limited is an emerging national supermarket chain with the focus on value retailing. In 2006, the company was one of the largest and the most profitable F&G retailer in India.

Date of establishment: Avenue Supermarts was established in 2002.  

Product & Service Offering: Avenue Supermarts operates and manages the supermarket stores to offer a wide range of products majorly focussed on foods, non-foods and general merchandise.

Promoters of Avenue Supermarts Ltd.: The promoters of the firm are 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.

Customer segment: The company offers its services to lower-middle, middle and aspiring upper-middle class consumers.

Objects of the Issue: The objects of the issue are:
-      Repayment of debt and redemption of NCDs
-      Purchase and construction of fit outs for new stores
-      General corporate purposes

Company Profile

 

Particulars

For the year/period ended (in Rs. Million)

 

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

31-Mar-12

Total Assets

31,001.94

23,548.12

18,076.48

14,920.74

11,908.76

Total Revenue

86,061.05

64,576.89

47,023.25

33,551.04

22,224.09

Profit After Tax (PAT)

3,212.07

2,116.89

1,613.72

938.55

604.06

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