AMN
Supermarket retail chain D-Mart, listed at Rs 616 on the Bombay Stock Exchange, up 104 percent over issue price of Rs 299 today.
The issue was oversubscribed a whopping 104 times. It raised Rs 561 crore through allotment of shares to anchor investors as part of the anchor book allocation.
The listing will follow another popular listing, Music Broadcast Limited, the parent of FM channel Radio City. The scrip had a stellar listing as it opened 23 percent higher.
D-Mart has chain of around 120 retail stores, with most of them being in Maharashtra and Karnataka.
DMart is owned and operated by Avenue Supermarts Ltd. (ASL) – a company founded by Mr. Radhakishan Damani. Mr. Radhakishan Damani is respected in the business world as an astute investor in the Indian equity market, he has built a company that constantly strives towards developing a deep understanding of customer needs and satisfying them with the right products.
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.