Business Standard

Avenue Supermarts Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

1,870.00 cr

Price Range (₹)

299

Lot Size

50

Min Investment (₹)

14,950.00

Listing Exchange

MumbaiNSE

Open Date

08-Mar-2017

Close Date

10-Mar-2017

Listing Date

21-Mar-2017

Avenue Supermarts Ltd News

    The Shares of Avenue Supermarts Ltd have now been listed.

    Avenue Supermarts Ltd IPO Details

    Publis issue of 62,541,806 equity shares of face value of Rs.10 each (the equity shares) of Avenue Supermarts Limited (the company or the issuer and such issue the issue for cash at a price of Rs 299 per equity share (including a share premium of Rs 289 per equity share) aggregating up to Rs. 1870.00 crores. The issue will constitute 10.02% of the post-issue-paid-up equity share capital of the company.The issue price: Rs.299 per equity share of face value of Rs.10 each.The issue price is 29.9 times of the face value.

    Objective of issue

    Repayment or prepayment of a portion of loans. Construction & purchase of fit outs for new stores. General corporate purposes.

    Avenue Supermarts Ltd Contact Details

    Avenue Supermarts Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - investorrelations@dmartindia.com

    Website - www.dmartindia.com