Indian IPO Blog: Avenue Supermarts IPO
    • Showing posts with label Avenue Supermarts IPO. Show all posts
    Showing posts with label Avenue Supermarts IPO. Show all posts

    Tuesday, March 21, 2017

    D-Mart IPO witnesses blockbuster listing

    March 21, 2017 0
    D-Mart IPO witnesses blockbuster listing
    Avenue Supermarts IPO (D-Mart IPO) Listing


    The equity shares of Avenue Supermarts Limited, the company behind D-Mart retail stores listed with a big bang on the exchanges with the shares opening at a staggering 100 percent premium over the issue price


    The shares opened at Rs.604.40 on the BSE and had touched an Intraday high of Rs. 615 and intraday low of Rs.558.75 on the BSE. The scrip is stable and trading at around Rs.605 as at the noon


    The IPO of Avenue Supermarts Limited was heavily oversubscribed at 104 times on an overall basis and 7.30 times in the Retail category. It remains to be seen if the stock is able to sustain these kind of levels in upcoming trading days


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    Sunday, March 19, 2017

    Avenue Supermarts IPO (D-Mart IPO) Listing Date

    March 19, 2017 0
    Avenue Supermarts IPO (D-Mart IPO) Listing Date
    The equity shares of Avenue Supermarts Limited, the owner of D-Mart Retail stores, would be listed and admitted to the dealings on the exchange with effect from Tuesday, March 21, 2017. The shares would be listed on both NSE and BSE

    Avenue Supermarts IPO was oversubscribed 104.48 times with the retail portion oversubscribed 7.3 times. Avenue Supermarts Limited is Mumbai based supermarket chain D-Mart. Company is among the largest and the most profitable F&G retailer in India. Commpany offer a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories
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    Saturday, March 18, 2017

    Avenue Supermarts IPO (D-Mart IPO) Allotment status declared

    March 18, 2017 0
    Avenue Supermarts IPO (D-Mart IPO) Allotment status declared
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    Friday, March 17, 2017

    Avenue Supermarts IPO (D-Mart IPO) likely Basis of Allotment

    March 17, 2017 0
    Avenue Supermarts IPO (D-Mart IPO) likely Basis of Allotment

    Avenue Supermarts IPO (D-Mart IPO) likely Basis of Allotment for Retail Investors is likely to be allotment to 100 applicants out of every 425 applicants

    The allotment status of Avenue Supermarts IPO is likely to be announced shortly

    Stay tuned to Indian IPO Blog for more on Avenue Supermarts IPO (D-Mart IPO)
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    Thursday, March 16, 2017

    Avenue Supermarts IPO (D-Mart IPO) Allotment Status

    March 16, 2017 0
    Avenue Supermarts IPO (D-Mart IPO) Allotment Status
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    Friday, March 10, 2017

    Avenue Supermarts IPO (D-Mart IPO) Final Day subscription status

    March 10, 2017 0
    Avenue Supermarts IPO (D-Mart IPO) Final Day subscription status

    DMart IPO Subscription status - Day 3 at 6:00 PM

    QIB*: 144.62x (*Excluding Anchor portion)
    NII: 277.74x
    RII: 7.25x
    Overall: 104.46x

    Applications: 17,94,304 Approx
    No. of Application wise: 4.10X
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    D-Mart IPO gets crazy shopping from investors

    March 10, 2017 0
    D-Mart IPO gets crazy shopping from investors

    The IPO of famous retailer D-Mart's parent company Avenue Supermarts Limited has been receiving crazy subscription levels with the IPO now subscribed more than 104 times on an overall basis

    Here is the subscription status of the IPO as at Day 3 - 4.30pm

    QIB: 144.62 times
    HNI: 277.74 times
    Retail: 7.00 times
    Overall: 104.34 times

    Stay tuned to Indian IPO Blog for more updates
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    D-Mart IPO subscription status - Day 3 at 2:45PM

    March 10, 2017 0
    D-Mart IPO subscription status - Day 3 at 2:45PM

    D-Mart IPO subscription status - Day 3 at 2:45PM

    The following data is assuming the shares will be issued at @299/- (upper price band)

    QIB*: 111.17x (*Excluding Anchor)
    NII: 208.83x
    RII: 6.60x
    Overall: 79.81x

    Applications: 16,15,500 Approx
    No. of Application wise: 3.690X
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    Thursday, March 9, 2017

    Avenue Supermarts IPO (D-Mart IPO) subscription status on Day 2 till 3pm

    March 09, 2017 0
    Avenue Supermarts IPO (D-Mart IPO) subscription status on Day 2 till 3pm

    D-Mart IPO Subscription Figures at Day 2 till 3 pm

    QIB: 3.69x (*Ex anchor)
    HNI: 1.00x
    Retail: 3.47x
    Total: 3.08x
    No. of Applications: 816790
    Retail Subscription on the basis of Applications: 1.87x
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    Wednesday, March 8, 2017

    Avenue Supermarts IPO (D-Mart IPO) subscribed fully on first day

    March 08, 2017 0
    Avenue Supermarts IPO (D-Mart IPO) subscribed fully on first day

    The IPO of Avenue Supermarts Limited (D-Mart) has been subscribed fully on Day 1 with the IPO getting subscribed 1.36 times on an overall basis

    The detailed category wise subscription figures are as under:

    Avenue Supermarts IPO subscription data on first day - 8th March day

    QIB : 1.16x
    HNI : 0.37x
    Retail : 1.15x
    Overall: 0.98 times
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    Avenue Supermarts IPO (D-Mart IPO) opens for subscription

    March 08, 2017 0
    Avenue Supermarts IPO (D-Mart IPO) opens for subscription
    The much awaited Initial Public offer (IPO) of D-Mart has opened for subscription from today

    Avenue Supermarts Limited is Mumbai based supermarket chain D-Mart. Company is among the largest and the most profitable F&G retailer in India. Commpany offer a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories. Company has 112 stores located across 41 cities in India. 

    Company operates and manage all its stores. Company also operate distribution centres and packing centres which form the backbone of the supply chain to support its retail store network. Company has 21 distribution centres and six packing centres in Maharashtra, Gujarat, Telangana and Karnataka

    The IPO would remain open for subscription till March 10, 2017. The shares are offered in a price band of Rs. 295 to Rs. 299 per equity share with a minimum order quantity and a bid lot of 50 Equity shares and in multiples thereof
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    Saturday, February 25, 2017

    5 Upcoming IPOs to hit the streets soon

    February 25, 2017 0
    5 Upcoming IPOs to hit the streets soon
    5 large IPO’s in pipeline in Upcoming Month

    1) D-Mart / Avenue Supermart Ltd IPO
    Dmart / Avenue supermart Ltd is Mumbai based retail chain / supermarket chain.
    This is one of the largest and profitability FMCG companies in India. It would be astonishing size of Rs 18,000 Crores.The issue price is expected to be in between Rs.290 to Rs.299 per share.

    Expected date of the issue is 8-Mar-17 and closure date is 10-Mar-17.Dmart IPO would get listed on BSE/NSE.Grey market price is between Rs 175 to Rs 178. Means people are betting such high number over and above the issue price.Its revenue is increased from Rs 6,457 Crores for FY15 to Rs  8,606 Crores for FY16.Its profits are increased from Rs 211 Crores for FY15 to Rs 321 Crores for FY16.


    2) CDSL Limited IPO
    CDSL Ltd is the subsidiary of BSE Ltd which provides security depository services in India. Its services includes such as account opening, dematerialization, processing delivery and receipt instructions, account statement, re-materialization, pledging, nomination, transmission of securities, change in address, bank account details and SMS services for depository participants.

    The issue size is Rs 400 Crores.The issue price band is expected to be in between Rs.115 and Rs.135.

    Expected date of the issue is 15-Mar-17 and closure date is 17-Mar-17.CDSL IPO would get listed on BSE/NSE.Grey market price is between Rs 20 to Rs 35. Means people are betting such number over and above the issue price.Its revenue is increased from Rs 105 Crores for FY15 to Rs  116 Crores for FY16.Its profits are increased from Rs 34.7 Crores for FY15 to Rs 63.3 Crores for FY16.


    3) Continental Warehousing Corporation Limited IPO
    It is a multi-model logistics company in India owning and operating cargo handling and storage facilities and providing express logistics and third-party logistics services.
    The issue size is over Rs 418 Crores.Issue prices is yet to be known.Expected date of the issue is Rs 22-Mar-2017 and closure date is 24-Mar-217.It would get listed on BSE/NSE.Its revenue is decreased from Rs 737 Crores for FY15 to Rs 709 Crores for FY16.Its profits are decreased from Rs 54 Crores for FY15 to Rs 51 Crores for FY16.


    4) NSE Limited IPO
    The National Stock Exchange of India Limited (NSE) is the leading stock exchange of India, located in Mumbai. NSE was established in 1992 as the first demutualized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country.

    The issue size is Rs 10,000 Crores.The issue price is yet to be known as it is in the process of getting final clearances from SEBI.Expected date of the issue is in Mar-2017 / Apr-2017.
    NSE IPO would get listed on BSE as it cannot get listed on its own exchange.Its revenue is increased from Rs 1,066 Crores for 9 months ended Dec-2015 to Rs 1,236 Crores for 9 months ended Dec-2016.Its standlone profits increased from Rs 694 Crores for 9 months ended Dec-2015 to Rs 771 Crores for 9 months ended Dec-2016.


    5) Music Broadcast Limited IPO
    FM Radio City parent Music Broad Cast has got SEBI approval recently for its IPO.
    The issue size is Rs 540 Crores. Expected date of the issue is 6th -8th March. Music Broadcast IPO would get listed on BSE/NSE.Its revenue is increased from Rs 207 Crores for FY15 to Rs 245 Crores for FY16.Its profits are decreased from Rs 47 Crores for FY15 to Rs 42 Crores for FY16.


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    Avenue Supermarts IPO to open from March 8

    February 25, 2017 0
    Avenue Supermarts IPO to open from March 8

    The IPO of Avenue Supermarts, which operates a retail chain under the D-Mart brand, is set to open on March 8, 2017

    The issue is likely to be priced in the range Rs 290-299, said a banker to the issue. 

    The company plans to sell shares worth Rs 1,800 crore in the IPO. This would be the second IPO of the year. In January, BSE raised about Rs 1240 crore. The IPO was subscribed 51 times 

    D-Mart own chain of around 120 retail stores across 45 cities, most of them in Maharashtra and Karnataka. 

    As of March 31, 2016, Avenue Supermarts posted a revenue of about Rs 8,600 crore, and a net profit of about Rs 320 crore. 

    In the past four years, Avenue Supermarts grew revenue by 40% and net profit by 52% annually
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    Sunday, February 19, 2017

    Avenue Supermarts IPO - List of Company promoters

    February 19, 2017 0
    Avenue Supermarts IPO - List of Company promoters

    The Promoters of the Company are:

    1. Radhakishan S. Damani;
    2. Gopikishan S. Damani;
    3. Shrikantadevi R. Damani;
    4. Kirandevi G. Damani;
    5. Bright Star;
    6. Royal Palm Trust;
    7. Bottle Palm Trust;
    8. Mountain Glory Trust;
    9. Gulmohar Trust; and
    10. Karnikar Trust

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    Avenue Supermarts (D-Mart) IPO - Objects to the Issue

    February 19, 2017 0
    Avenue Supermarts (D-Mart) IPO - Objects to the Issue

    The net proceeds of the IPO are proposed to be used as set forth below:

    1. Repayment or prepayment of a portion of loans and redemption or earlier redemption of NCDs availed by the Company;

    2. Construction and purchase of fit outs for new stores;

    3. General corporate purposes.
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    Thursday, February 9, 2017

    Avenue Supermarts (D-Mart) IPO - Company overview

    February 09, 2017 0
    Avenue Supermarts (D-Mart) IPO - Company overview
    According to company website, 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 that our customers appreciate. The 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 117 locations across Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh and NCR. With our mission to be the lowest priced retailer in the regions we operate, our business continues to grow with new locations planned in more cities.

    The supermarket chain of DMart stores is owned and operated by Avenue Supermarts Ltd. (ASL). The company has its headquarters in Mumbai
    The brands D Mart, D Mart Minimax, D Mart Premia, D Homes, Dutch Harbour, etc are brands owned by ASL

    In addition to Mumbai, DMart has multiple stores in cities such as Ahmedabad, Baroda, Bengaluru, Hyderabad, Pune and Surat etc.
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    Tuesday, February 7, 2017

    Avenue Supermarts IPO Opening Date - Price Band

    February 07, 2017 0
    Avenue Supermarts IPO Opening Date - Price Band

    Avenue SuperMarts IPO Details

    Issue Opens on: Mar 8, 2017
    Issue Closes on: Mar 10, 2017
    Issue Type: Book Built Issue IPO
    Issue Size: 62,393,631 Equity Shares
    Face Value: Rs 10 Per Equity Share
    Price Band: Rs.290 to Rs.299 per equity share
    Market Lot: 50 shares and in multiples thereof
    Listing At: NSE, BSE

    Avenue Supermarts IPO Category-wise Break up:
    Anchor – 1,87,18,089 Shares
    Net QIB – 1,24,78,726 Shares
    NII – 93,59,045 Shares
    RII – 2,18,37,771 Shares
    Size = 1865.57Crs.

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    Monday, February 6, 2017

    Avenue Supermarts (D-Mart) IPO opening date

    February 06, 2017 0
    Avenue Supermarts (D-Mart) IPO opening date
    Avenue Supermarts Limited which runs the famous chain store D-Mart, is planning to raise around Rs.1,870 crore through its IPO. The opening date for Avenue Supermarts IPO is fixed at March 8, 2017

    Avenue Supermarts, which opened its first D-Mart store in Mumbai in 2002, had 112 stores as of September 2016, covering an area of 3.4 million sq. ft across 41 cities in Maharashtra, Gujarat, Telangana, Karnataka, Andhra Pradesh, Madhya Pradesh, Chhattisgarh and the National Capital Region

    It will use around Rs.1,080 crore from the proceeds of the initial share sale to repay debt, according to its DRHP. The company also plans to spend Rs.366 crore to open new stores.

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    Tuesday, January 31, 2017

    Avenue Supermarts D-Mart IPO - Download Draft Red Herring Prospectus (DRHP)

    January 31, 2017 0
    Avenue Supermarts D-Mart IPO - Download Draft Red Herring Prospectus (DRHP)
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    Friday, January 20, 2017

    Avenue Supermarts (D-Mart) to launch IPO next month

    January 20, 2017 0
    Avenue Supermarts (D-Mart) to launch IPO next month

    Avenue Supermarts Limited which runs the famous chain store D-Mart, plans to go public most likely in the next month

    Avenue Super Marts Pvt Ltd (ASPL), incorporated on the year 2000 owns and operates hypermarkets and supermarkets by the store name D-Mart

    D-Mart seeks to provide a one-stop shopping experience for the entire family, meeting all their daily household needs. A wide selection of home utility products is offered, including foods, toiletries, beauty products, garments, kitchenware, bed and bath linen, home appliances and much more since D-Mart first opened its doors in the Mumbai region in 2000
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