DMart
| |
DMart | |
Public | |
Traded as | |
ISIN | INE192R01011 |
Industry | Retail |
Genre | Supermarket |
Founded | Powai, Mumbai, Maharashtra (15 May 2002 ) |
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 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
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
- ↑ ""D'Mart beats the Goliaths"". Business Standard.
- ↑ Sonavane, Ravindra N. (11 June 2018). "D-Mart parent joins Rs1 trillion market cap club". www.livemint.com. Retrieved 11 June 2018.
- ↑ "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.