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D-Mart shares soar 114% in best trading debut in nearly a decade

March 21, 2017 | Ankit Doshi

Avenue Supermarts Ltd, operator of hypermarket chain D-Mart, made the best stock market debut in almost a decade on Tuesday as its shares more than doubled thanks to heavy demand from investors.

D-Mart IPO subscribed 105 times on final day

March 10, 2017 | Ankit Doshi

Avenue Supermarts Ltd, which runs hypermarkets under the D-Mart brand, received humongous investor turnout on the final day of its initial public offering on Friday.

D-Mart IPO covered 5.7 times on second day

March 09, 2017 | Ankit Doshi

Avenue Supermarts Ltd, which runs hypermarkets under the D-Mart brand, continued to see strong demand for its shares on the second day of its initial public offering on Thursday.

D-Mart IPO fully subscribed on day one on record demand

March 08, 2017 | Ankit Doshi

The initial public offering of Avenue Supermarts Ltd sailed through on the first day of the issue on Wednesday thanks to record demand from investors looking to bet on the company that runs hypermarkets under the D-Mart brand.

General Atlantic, GIC among D-Mart anchor investors

March 07, 2017 | Ankit Doshi

Private equity firm General Atlantic and Singapore’s sovereign wealth fund GIC Pte Ltd are among the anchor investors that have bet on Avenue Supermarts Ltd, which runs hypermarkets under the D-Mart brand, ahead of its initial public offering.

Retail chain D-Mart eyes $2.8 bn valuation in IPO

March 01, 2017 | Ankit Doshi

Avenue Supermarts Ltd, which runs hypermarkets under the D-Mart brand, is seeking a valuation of as much as Rs 18,660 crore ($2.8 billion) in an initial public offering that begins next week.

Levi’s, Live In settle trademark dispute out of court

February 28, 2017 | Maulik Vyas

Homegrown Federal Brands Ltd, the owner of Live In jeans, and Levi Strauss (India) Pvt Ltd, which owns the iconic Levi’s India brand, have decided to opt for an out-of-court settlement over Levi’s use of the prefix ‘Live In’ for its global marketing campaigns.

Future Group to exit specialty retail businesses

February 28, 2017 | Debjyoti Roy

Kishore Biyani-led Future Group is planning to exit its specialty retail businesses with a view to scale up its apparel and food segments.

Retail chain D-Mart to launch $280 mn IPO on 8 March

February 24, 2017 | Ankit Doshi

Avenue Supermarts Ltd (ASL), which runs hypermarkets under the D-Mart brand, will launch its initial public offering (IPO) on 8 March. The three-day offering will close on 11 March, the company said in a stock exchange filing.

PremjiInvest-backed Fabindia removes khadi tag post KVIC notice

February 20, 2017 | Debjyoti Roy

Ethnic retailer Fabindia Overseas Pvt Ltd has decided to drop the ‘khadi’ tag from all its products, following a legal notice from Khadi and Village Industries Commission (KVIC) last week.

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