Avenue Supermarts Raises Rs 100 Crore Through Commercial Paper, Expands with New Delhi Store

1 min read     Updated on 29 Sept 2025, 10:27 PM
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Shriram ShekharScanX News Team
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Overview

Avenue Supermarts (DMart) has issued commercial paper worth Rs 100 crore with a 6% coupon rate and 91-day tenure, maturing on December 29, 2025. The company also opened a new D-Mart store in New Delhi's Epicah Mall & Business Centre, Moti Nagar, bringing its total store count to 431.

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*this image is generated using AI for illustrative purposes only.

Avenue Supermarts DMart , the operator of the popular D-Mart retail chain, has made significant moves in both financial and operational fronts. The company has successfully raised short-term debt and expanded its retail presence in the national capital.

Financial Move: Commercial Paper Issuance

Avenue Supermarts has bolstered its short-term liquidity by issuing commercial paper worth Rs 100 crore. The key details of this financial instrument are:

Aspect Details
Issue Size Rs 100.00 crore
Coupon Rate 6.00%
Tenure 91 days
Allotment Date September 29, 2025
Maturity Date December 29, 2025
Credit Rating ICRA A1+
Listing Proposed to be listed on BSE Limited

The commercial paper, which carries a high credit rating of ICRA A1+, indicates strong investor confidence in the company's short-term financial stability. This unsecured instrument is set to mature on December 29, 2025, providing Avenue Supermarts with additional working capital for its operations.

Retail Expansion: New Store in New Delhi

Concurrent with its financial activities, Avenue Supermarts has continued its retail expansion strategy. The company has announced the opening of a new D-Mart store in New Delhi. The store details are as follows:

  • Location: Epicah Mall & Business Centre, Moti Nagar, New Delhi
  • Opening Date: September 29, 2025

This new outlet marks a significant step in the company's expansion in the National Capital Region (NCR). With this addition, Avenue Supermarts has reached a milestone of 431 stores across its operational territories.

Company Overview

Avenue Supermarts, promoted by Radhakishan Damani and his family, operates the D-Mart chain of retail stores. The company has a strong presence across multiple states in India, including Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab, and Rajasthan. D-Mart stores are known for retailing a wide range of basic home and personal products.

The recent financial move and store expansion demonstrate Avenue Supermarts' commitment to growth and its strategy to strengthen its market position in the competitive retail sector. As the company continues to expand its footprint, particularly in key markets like New Delhi, it reinforces its status as a major player in India's organized retail landscape.

Historical Stock Returns for Avenue Supermarts DMart

1 Day5 Days1 Month6 Months1 Year5 Years
+0.27%-2.24%-4.33%+13.15%-11.11%+105.61%
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Avenue Supermarts Expands Footprint with New Store in Anantapur, Reaches 430 Stores

1 min read     Updated on 25 Sept 2025, 05:16 PM
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Reviewed by
Riya DeyScanX News Team
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Overview

Avenue Supermarts Limited, DMart's parent company, has opened a new store in Anantapur, Andhra Pradesh, bringing its total store count to 430 across India. This expansion marks a significant step in the company's growth strategy, particularly in southern India. The official announcement was made to the BSE Limited and the National Stock Exchange of India Ltd.

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*this image is generated using AI for illustrative purposes only.

Avenue Supermarts Limited , the parent company of DMart retail chain, has announced the opening of a new store in Anantapur, Andhra Pradesh, marking a significant milestone in its expansion strategy. The company, known for its popular DMart stores, has now reached a total of 430 stores across India.

Expansion in Southern India

The new store represents Avenue Supermarts' continued focus on expanding its presence in southern India. Anantapur, a city in Andhra Pradesh, is the latest addition to the company's growing network of retail outlets.

Official Announcement

In an official communication to the BSE Limited and the National Stock Exchange of India Ltd., Avenue Supermarts stated:

"This is to inform you that the Company has opened a new store at Anantapur (Andhra Pradesh) today. The total number of stores as on date stands at 430."

The statement was signed by Ashu Gupta, Company Secretary & Compliance Officer of Avenue Supermarts Limited.

Strategic Growth

The opening of the Anantapur store aligns with Avenue Supermarts' strategy of steady expansion across various regions in India. This move is expected to strengthen the company's market position and increase its accessibility to customers in Andhra Pradesh.

Impact on Retail Landscape

As Avenue Supermarts continues to grow its store count, it reinforces its position as one of the leading players in India's organized retail sector. The expansion to 430 stores demonstrates the company's commitment to reaching more consumers and potentially capturing a larger market share in the competitive retail industry.

The new store in Anantapur is likely to offer the signature DMart shopping experience, known for its wide range of products at competitive prices, potentially benefiting local consumers and contributing to the local economy.

Investors and market watchers will be keen to observe how this expansion contributes to Avenue Supermarts' overall performance and market presence in the coming quarters.

Historical Stock Returns for Avenue Supermarts DMart

1 Day5 Days1 Month6 Months1 Year5 Years
+0.27%-2.24%-4.33%+13.15%-11.11%+105.61%
Avenue Supermarts DMart
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