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Avenue Supermarts concludes acquisition of Avenue E-Commerce

03 Feb 2018 Evaluate

Avenue Supermarts has completed acquisition of 43,550,363 equity shares of Rs 10 each, fully paid-up, of Avenue E-Commerce at a price of Rs 11.30 per equity share aggregating to Rs 49.21 crore on February 2, 2018. Pursuant to this, Avenue E-Commerce becomes a wholly-owned subsidiary of the company.

Avenue Supermarts is an emerging national supermarket chain, with a focus on value-retailing. The company offers a wide range of products with a focus on the Foods, Non-Foods (FMCG) and General Merchandise & Apparel product categories.

Avenue Supermarts Share Price

4629.25 204.25 (4.62%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Avenue Supermarts 4629.25
Trent 4105.95
Vishal Mega Mart 118.90
Aditya Birla Lifesty 105.86
PN Gadgil Jewellers 667.45
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