IPO: Avenue Supermarts Limited
ISSUE PERIOD : 08-Mar-2017 to 10-Mar-2017
PRICE RANGE: Rs 295 to Rs 299
DMart is a chain of hypermarket and supermarkets in India started by Radhakishan Damani. As of 2016, it has 118 stores spread across Maharashtra, Andhra Pradesh, Telangana, Gujarat, Madhya Pradesh, Chhattisgarh, Rajasthan, the National Capital Region, and Karnataka.
Radhakishan Damani promoted Avenue Supermarts Ltd, which runs hypermarkets and supermarkets under the DMart brand is one of the largest and the most profitable to meet the daily household needs retailer in India, has filed its draft red herring prospectus (DRHP) with the capital markets regulator Securities and Exchange Board of India to float its initial public offering.
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|Issue Period||08-Mar-2017 to 10-Mar-2017|
|Post issue Modification Period||11-Mar-2017 and 14-Mar-2017 (between 10.00 a.m. to 1.00 p.m. only)|
|Issue Size||Initial Public offer of [.] Equity Shares aggregating Upto Rs 18,700 million (including anchor portion of 18,762,541 Equity Shares)|
|Issue Type||100% Book Building|
|Price Range||Rs 295 to Rs 299|
|Face Value||Rs 10|
|Tick Size||Rs 1|
|Market Lot||50 Equity Shares and in multiples thereof|
|Minimum Order Quantity||50 Equity Shares|
|Maximum Subscription Amount for Retail Investor||Rs. 2,00,000|
|Maximum Bid Quantity||44,372,850 Equity Shares (in multiples of 50 equity shares and calculated at the lower end of the price band of Rs. 295/-)|
|IPO Market Timings||10.00 a.m. to 5.00 p.m.|
|Global Co-ordinators and Book Running Lead Managers||Kotak Mahindra Capital Company Limited|
|Book Running Lead Managers||Axis Capital Limited, Edelweiss Financial Services Limited, HDFC Bank Limited, ICICI Securities Limited, Inga Capital Private Limited, JM Financial Institutional Securities Limited, Motilal Oswal Investment Advisors Private Limited and SBI Capital Markets Limited|
|Syndicate Member||Antique Stock Broking Limited, Axis Capital Limited, Edelweiss Securities Limited, HDFC Securities Limited, ICICI Securities Limited, Intime Equities Limited, JM Financial Services Limited, Kotak Securities Limited, Motilal Oswal Securities Limited, SBICAP Securities Limited, SPA Securities Limited|
|Categories||FI, IC, MF, FII, OTH, CO, IND, NOH|
|Name of the Registrar||Link Intime India Private Limited|
|Address of the Registrar||C 101, 247 Park, L B S Marg, Vikhroli West, Mumbai - 400 083|
|Contact person name number and Email id||Shanti Gopalkrishnan, +91 22 4918 6200; email@example.com|
Promoters of the company:
1. Radhakishan S. Damani;
2. Gopikishan S. Damani;
3. Shrikantadevi R. Damani;
4. Kirandevi G. Damani;
5. Bright Star;
6. Royal Palm Trust;
7. Bottle Palm Trust;
8. Mountain Glory Trust;
9. Gulmohar Trust; and
10. Karnikar Trust
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