Avenue Supermarts Limited: A Comprehensive Analysis
Avenue Supermarts Limited, the parent company of the popular retail chain D-Mart, has become a household name in India due to its vast range of products and competitive pricing. This blog takes an in-depth look at the company, covering its IPO, current share price, product offerings, financial details, and the value of investments made five years ago.
Avenue Supermarts Limited IPO Details
The Initial Public Offering (IPO) of Avenue Supermarts Limited was launched on March 8, 2017. The IPO was a significant event in the Indian stock market, marked by overwhelming investor interest. The issue price was set at Rs 299 per share.
Products Offered by Avenue Supermarts Limited
D-Mart, the retail arm of Avenue Supermarts, offers a wide variety of products across various categories. These include:
- Groceries and Staples
- Fresh Fruits and Vegetables
- Dairy and Bakery Products
- Home and Personal Care
- Apparel
- General Merchandise and Home Appliances
Financial Details of Avenue Supermarts Limited
Over the years, Avenue Supermarts Limited has shown impressive financial performance. Key financial details include:
- Revenue (FY 2022-2023): Rs 34,000 crore
- Net Profit (FY 2022-2023): Rs 2,200 crore
- EBITDA Margin: 9.6%
- Debt to Equity Ratio: 0.4
The company’s financial stability and growth have made it an attractive investment option for many investors.
Investment Value Growth Over 5 Years
If you had invested Rs 10,000 in Avenue Supermarts Limited during its IPO at Rs 299 per share, the value of your investment today, at the current share price of Rs 3,800, would be:
Initial Shares Purchased: Rs 10,000 / Rs 299 = approximately 33 shares
Current Value of Investment: 33 shares * Rs 3,800 = approximately Rs 1,25,400
This calculation shows a remarkable return on investment, underscoring the potential of long-term investments in fundamentally strong companies.