Avenue Supermarts Limited IPO

Add to Calendar 2017-03-08 12:00 AM 2017-03-10 12:00 AM Asia/Kolkata Avenue Supermarts Limited IPO Avenue Supermarts Limited India

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

Issue Detail

  • Issue Open: Mar 08, 2017
  • Issue Close: Mar 10, 2017
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 295 - Rs 299 Per Equity Share
  • Bid Lot:50 Shares
  • Minimum Order Quantity:50 Shares
  • Listing At: BSE, NSE
  • Issue Size: • Rs 1,870.00 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 12,677,966 9,508,475 22,186,441 - - 44,372,882
Day 1 - Mar 08, 2017IST 1.8400 0.5200 1.4400 - - 1.3600
Day 2 - Mar 09, 2017IST 9.1400 4.9700 4.0600 - - 5.7100
Day 3 - Mar 10, 2017IST 144.6115 277.7404 7.3031 - - 104.4806

Listing Day Trading Information

- BSE NSE
Issue Price Rs 299.00 Rs 299.00
Open Rs 604.40 -Rs 600.00
Low Rs 558.75 Rs 558.30
High Rs 650.00 Rs 648.90
Last Trade Rs 640.75 Rs 641.60
Volume 14,566,653 85,728,445

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