MoneyWorks4Me

Avenue Supermarts raises Rs 100 crore via CP

11 Jun 2019 Evaluate

Avenue Supermarts has raised funds through issuance of Commercial Paper (CP) worth Rs 100 crore. The company has issued CP on June 11, 2019 and it will mature on September 09, 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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