DMart

Avenue Supermarts Ltd
DMart
Public
Traded as
ISIN INE192R01011
Industry Retail
Genre Supermarket
Founded Powai, Mumbai, Maharashtra (15 May 2002 (2002-05-15))
Founder Radhakishan Damani
Headquarters Anjaneya Cooperative Housing Society Ltd, Orchard Avenue, Powai, Mumbai, Maharashtra, India
Number of locations
 160 (2018)
Area served
 India
Revenue $1.89 Billion (FY17)
$74.64 million (FY17)
Website www.dmart.in//

DMart is a chain of hypermarkets in India founded by Radhakishan Damani in the year 2002.[1] As of 2018, it has 154 stores spread across Maharashtra, Andhra Pradesh, Telangana, Gujarat, Madhya Pradesh, Chhattisgarh, Rajasthan, National Capital Region, Tamil Nadu, Karnataka and Punjab.

DMart is promoted by Avenue Supermarts Ltd. (ASL).[2] The company has its headquarters in Mumbai.

2017 IPO

A DMart store in Navi Mumbai

After the IPO listing (as Avenue Supermarts Ltd.), it made a record opening on the market on the National Stock Exchange. After the close of the stock on 22 March 2017, its market value rose to ₹39,988 crore. This pegged it as the 65th most valuable Indian firm, ahead of Britannia Industries, Marico and Bank of Baroda. [3]

As of 16 September 2018 the market capitalization of D Mart is close to ₹95,000 crore.This is 33rd rank for all listed companies in Bombay Stock Exchange.

References

  1. ↑ ""D'Mart beats the Goliaths"". Business Standard.
  2. ↑ Sonavane, Ravindra N. (11 June 2018). "D-Mart parent joins Rs1 trillion market cap club". www.livemint.com. Retrieved 11 June 2018.
  3. ↑ "D-Mart: Will today's winner Radhakishan Damani of D-Mart face these four challenges of tomorrow?". Economictimes.indiatimes.com. 2017-03-23. Retrieved 2018-07-19.
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