Exchanges
BSE, NSE
Industry
Diversified Retail
Issue
Book building

Avenue Supermarts IPO

₹641.60

+114.58% on listing

Listing-day close · NSE · 21 Mar 2017 · issue price ₹299

Avenue Supermarts’ ₹1,870 crore IPO was priced at ₹299 a share. It listed on the NSE on 21 Mar 2017 and closed its first day at ₹641.60, up 114.58% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹1,870 Cr
Fresh issue
₹1,870 Cr
Offer for sale
—
Lot size
50 shares
Minimum investment
₹14,950
Face value
₹10
Registrar
MUFG Intime India

Subscription

Avenue Supermarts IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—73.32×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹18,660 Cr
Promoter holding
91.34% → 82.19%

From the offer documents.

Listing

Listing date
21 Mar 2017
Issue price
₹299
Open
₹600.00
High
₹648.90
Low
₹558.30
Close
₹641.60

Listing day on the NSE. The close was +114.58% on the issue price.

DMART share price today

FAQs

When did the Avenue Supermarts IPO open and close?

It opened on 8 Mar 2017 and closed on 10 Mar 2017.

What was the Avenue Supermarts IPO price?

The price band was ₹295–299 a share. The final issue price was ₹299.

What is the lot size and minimum investment?

One lot is 50 shares, ₹14,950 at ₹299 a share. Retail investors apply in whole lots.

How much did Avenue Supermarts raise?

₹1,870 crore: ₹1,870 crore of new shares.

How many times was the Avenue Supermarts IPO subscribed?

73.32 times overall.

How did Avenue Supermarts list?

It listed on the NSE on 21 Mar 2017 at ₹600.00 and closed the day at ₹641.60, up 114.58% on the ₹299 issue price.

Who is the registrar of the Avenue Supermarts IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app