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Avenue Supermarts Ltd.

BSE: 540376 Sector: Others
NSE: DMART ISIN Code: INE192R01011
BSE 15:57 | 27 Mar 2018 Avenue Supermarts Ltd
NSE 05:30 | 01 Jan 1970 Avenue Supermarts Ltd
OPEN 1344.00
PREVIOUS CLOSE 1339.25
VOLUME 74729
52-Week high 1387.00
52-Week low 558.75
P/E 118.06
Mkt Cap.(Rs cr) 84,285
Buy Price 1350.55
Buy Qty 9.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1344.00
CLOSE 1339.25
VOLUME 74729
52-Week high 1387.00
52-Week low 558.75
P/E 118.06
Mkt Cap.(Rs cr) 84,285
Buy Price 1350.55
Buy Qty 9.00
Sell Price 0.00
Sell Qty 0.00

Avenue Supermarts Ltd. (DMART) - Company History

The company was incorporated as Avenue Supermarts Private Limited on May 12 2000 at Mumbai Maharashtra as a private limited company under the Companies Act 1956. Subsequently the name of the Company was changed to Avenue Supermarts Limited due to conversion from a private company to a public company pursuant to a special resolution passed by the Shareholders at an extraordinary general meeting held on February 1 2011. Pursuant to the aforesaid change of name a fresh certificate of incorporation was issued to the Company by the RoC on May 3 2011.The company operates under the brand name - DMart. DMart is a one-stop supermarket chain that aims to offer customers a wide range of basic home and personal products under one roof. Each DMart store stocks home utility products - including food toiletries beauty products garments kitchenware bed and bath linen home appliances and more - available at competitive prices. The company's core objective is to offer customers good products at great value.DMart was started by Mr. Radhakishan Damani and his family to address the growing needs of the Indian family. From the launch of its first store in Powai in 2002 DMart today has a well-established presence in 140 locations across Maharashtra Gujarat Andhra Pradesh Madhya Pradesh Karnataka Telangana Chhattisgarh NCR Tamil Nadu Punjab and Rajasthan.On 30/09/2016 the company filed Draft Red Herring Prospectus and on 02/03/2017 filed Red Herring Prospectus with SEBI for raising Rs. 1870 cr. The Issue dates were from 08/03/2017 to 10/03/2017 with Price Band of Rs. 295 to Rs. 299. The Issue got subscribed 73.41 times leading to its Issue Price being fixed at Rs. 299. The Shares got listed in BSE and NSE on 21/03/2017 at Rs. 604.40 which is 102.14% above Issue Price.