MoneyWorks4Me

Avenue Supermarts opens new store in Karnataka

24 Mar 2025 Evaluate

Avenue Supermarts has opened a new store at Sankeshwar, Belagavi (Karnataka), on March 21, 2025. The total number of stores as on date stands at 399.

Earlier, the company had invested an amount of Rs 174.99 crore by subscribing to 4,67,78,000 equity shares of Rs 10 each of Avenue E-Commerce (AEL), a subsidiary of the Company at an issue price of Rs 37.41 per share (including a premium of Rs 27.41 per share).

Avenue Supermarts is a Mumbai-based company, which owns and operates D-Mart 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 596.60
Aditya Birla Life 73.50
View more..