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Party’s just begun at DMart, investors should stay put

July 25, 2017 |by indiafood forum | Comments Off on Party’s just begun at DMart, investors should stay put | FOOD & GROCERY | , ,

Avenue Supermarts’ growth momentum likely to continue for next 2-3 quarters at least, say analysts…READ MORE

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Exiting a business one has nurtured is always painful, says former DMart co-promoter Ashok Maheshwari

May 9, 2017 |by indiafood forum | Comments Off on Exiting a business one has nurtured is always painful, says former DMart co-promoter Ashok Maheshwari | FOOD & GROCERY | ,

We did have a difference of opinion as to how the store should be; Damani was of the view that it should be very low cost…My view was that we are beyond a supermarket, Maheshwari said…READ MORE

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DMart listing makes Radhakishan Damani richer than Anil Ambani, Rahul Bajaj

March 22, 2017 |by indiafood forum | Comments Off on DMart listing makes Radhakishan Damani richer than Anil Ambani, Rahul Bajaj | FOOD & GROCERY | , , , , ,

Damani raced past Anil Agarwal, Anil Ambani and Rahul Bajaj to become the 17th richest Indian largely based on the first-day performance of Avenue Supermarts, Bloomberg and ET data analysis shows…READ MORE

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These DMart IPO investors will make money only if it lists at 50 pc premium

March 20, 2017 |by indiafood forum | Comments Off on These DMart IPO investors will make money only if it lists at 50 pc premium | FOOD & GROCERY | ,

According to brokers, grey market prices are pointing to a strong listing of Rs 550 per share for Avenue, considered more profitable than most of its peers in the Indian retail sector…READ MORE

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Can DMart modify its ownership model?

March 17, 2017 |by indiafood forum | Comments Off on Can DMart modify its ownership model? | FOOD & GROCERY | ,

DMart bucked trend in India by choosing a cluster approach for densely populated residential areas…READ MORE

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V-Mart jumps to a record high ahead of DMart’s public offer

February 20, 2017 |by indiafood forum | Comments Off on V-Mart jumps to a record high ahead of DMart’s public offer | FOOD & GROCERY | , ,

Shares of V-Mart Retail have witnessed an upsurge in investor interest ahead of the initial public offering of Avenue Supermarts which operates retail supermarket chain DMart. The stock has jumped 53% to hit a record high of `759.85 on Thursday…READ MORE

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What makes DMart public offer so special

October 19, 2016 |by indiafood forum | Comments Off on What makes DMart public offer so special | FOOD & GROCERY | ,

ET Intelligence Group: Investors are eagerly waiting the IPO of Avenue Supermarts, which runs the most profitable supermarkets chain in the organised segment under the brand DMart. Not only is it the first IPO in the country’s retail sector since 2007, but its promoter Radhakishan Damani, is considered the guru of markets. The company has recently filed the draft red herring prospectus (DRHP) with markets regulator Sebi…READ MORE

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