(L to R): Neville Noronha, MD & CEO, Avenue Supermarts Limited and Radhakishan Damani, Founder & Promoter, Avenue Supermarts Limited ringing the gong during the IPO listing ceremony at BSE today.
(L to R): Neville Noronha, MD & CEO, Avenue Supermarts Limited and Radhakishan Damani, Founder & Promoter, Avenue Supermarts Limited ringing the gong during the IPO listing ceremony at BSE today.
(L to R): Neville Noronha, MD & CEO, Avenue Supermarts Limited and Radhakishan Damani, Founder & Promoter, Avenue Supermarts Limited ringing the gong during the IPO listing ceremony at BSE today.
(L to R): Neville Noronha, MD & CEO, Avenue Supermarts Limited and Radhakishan Damani, Founder & Promoter, Avenue Supermarts Limited ringing the gong during the IPO listing ceremony at BSE today.

 

Mumbai, March 21, 2017/Team Estrade//– Equity shares of Avenue Supermarts Limited listed today on BSE & NSE. The IPO issue price was Rs. 299.

The equity shares of Avenue Supermarts Ltd. ended today’s trading session on a strong note with a gain of 114% on issue price on the bourses.

Commenting on the occasion, Neville Noronha, MD & CEO, Avenue Supermarts Ltd. said, “We are overwhelmed by the response we received from the investors for our IPO. It is a matter of honour for us at Avenue Supermarts Ltd. to be a part of the popular stock exchanges. This would not have been possible without the trust shown by our investors. We are confident that together we will deliver value for all stakeholders in the times to come.”

For your reference please find appended below:

  • BSE/NSE share price details on its debut day.
  • Subscription Details
  • Issue Highlights

BSE

http://bit.ly/2mKInnk

OPEN

604.40

HIGH

650.00

LOW

558.75

CLOSE

640.75

 

 

NSE

http://bit.ly/2nZpb62
OPEN

600.00

HIGH

648.80

LOW

558.30

CLOSE

642.05

 

 Subscription Details

QIB (Excluding Anchors)

148.49

HNI

272.20

Retail

7.33

Anchor Investors

1.04

Total

73.41

*Subscription data as per Basis of Allotment

ISSUE HIGHLIGHTS

Price Band

Rs. 295 – Rs. 299
Issue Price

Rs. 299

Bid Lot

50  equity share and in multiple of

50  equity share thereafter

Offer Details

Fresh Issue: Upto Rs 1870 crore

Offer Period

Anchor Book March 7, 2017
Issue Opens

March 8, 2017

Issue Closes

March 10, 2017

Offer Structure

QIBs

50%
NIIs

15%

RIIs

35%

Anchor Investors

Up to 60% of OIB category, on a discretionary basis
Listing on

BSE and NSE

Merchant Bankers

 

Kotak Mahindra Capital Company Limitedwas

the Global Co-ordinator and BRLM to the Issue. Axis Capital Limited, Edelweiss Financial Services Limited, HDFC Bank Limited, ICICI Securities Limited, INGA Capital Private Limited, JM Financial Institutional Securities Limited, Motilal Oswal Investment Advisors Private Limited and SBI Capital Markets Limited

Registrar

Link Intime India Private Limited.