MoneyWorks4Me

Avenue Supermarts raises Rs 100 crore via CP

29 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 28, 2019 and it will mature on August 27, 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 3631.90
Trent 2888.00
Vishal Mega Mart 100.15
PN Gadgil Jewellers 596.65
Aditya Birla Life 73.94
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