MoneyWorks4Me

Avenue Supermarts raises Rs 50 crore via CP

06 Mar 2019 Evaluate

Avenue Supermarts has raised fund through issuance of Commercial Paper (CP) worth Rs 50 crore. The company has issued the instrument on March 05, 2019 and will mature on June 03, 2019. The rating agency, Crisil has assigned ‘A1+’ rating to the instrument.

Avenue Supermarts is a Mumbai-based company, which owns and operates DMart stores. D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof.

Peers
Company Name CMP
Avenue Supermarts 3711.95
Trent 2772.20
Vishal Mega Mart 101.30
PN Gadgil Jewellers 609.10
Aditya Birla Life 82.36
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