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D-Mart

D-Mart strikes gold by getting the basics of retail right

While majority of retailers, both brick-and- mortar and online are reeling under pressure to make their bottomlines positive, the low-profile Mumbai-based D-Mart has breathed life into the challenging retail sector as it debuted on the stock market with a bumper...

Avenue Supermarts reports net profit of Rs 97 crore for Q4FY17

Avenue Supermarts Ltd. (ASL) has declared its financial results for the fourth quarter and full year ended March 31, 2017. The company reported net profit of Rs 97 crore for Q4FY17, as compared to Rs 66 crore in the corresponding...

Avenue Supermarts IPO oversubscribed 5.71 times on Day 2

The initial public offer of Avenue Supermarts, the operator of retail chain D-Mart, to raise Rs 1,870 crore was oversubscribed 5.71 times on the second day of the offer. According to a PTI report: The IPO, the biggest since PNB...

Avenue Supermarts IPO oversubscribed 1.22 times on Day 1

The initial public offer (IPO) of Avenue Supermarts, the operator of retail chain D-Mart, was oversubscribed 1.22 times on the first day of the issue. According to a PTI report: The IPO received bids for 5,42,95,850 shares against the total...

How DMart became a solid, homegrown regional supermarket chain in India

Ritu Bhattacharjee works as a sales executive at an automobile dealership in South Mumbai and lives with her husband and six-year-old son in Powai in the geographical centre of Mumbai. “I love it here!” she says. “There is nothing...

D-Mart owner Avenue Supermarts’ Rs 1,870-crore IPO to open on March 8

Avenue Supermarts, the parent of the D-Mart chain of food and grocery supermarkets, on Wednesday announced that its initial public offering will hit the market on March 8 and close on March 10. The price band for the Rs 1,870-crore...

Revealed: Top 10 Indian retailers of 2016

A recent survey by Brand Equity has revealed the names of the top 10 retailers of 2016. The list was created on the basis of sales derived, social media presence and media visibility of the brands. Brand Equity along with...

d’mart Exclusif plans to open 35 stores this fiscal

d'mart Exclusif, Dolphin Mart's home decor and gifting solutions brand, plans to open around 35 stores and is targeting a turnover of Rs 80 crore this fiscal. In the current financial year, the company plans to invest a total...
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