Allotment status for Avenue Supermarts IPO (D-Mart IPO) is declared and can be checked from link posted below:

http://dmartipo.linkintime.co.in

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)

Avenue Supermarts IPO (D-Mart IPO) Allotment Status is expected to be declared soon

Stay tuned to Indian IPO Blog for more updates

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

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

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

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

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

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

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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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.

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.

Get real time updates and stay up to date with the latest developments in Indian IPO markets! Send in your request to join the group with your name and city to +91 79776 14821 OR Click here to join the Indian IPO Blog Whatsapp group now! (Free for early bird members -  First come first serve basis)