Avenue Supermart Ltd: Share Stock Price , D-mart, Live NSE/BSE
Avenue Supermarts Ltd. (ASL) is an Indian company that sells home utility products at retail and at the lowest prices possible in the market.
Avenue Supermart
Avenue Supermart, the chain of D Mart retail stores!
About Avenue Supermart
Avenue Supermarts Ltd. (ASL) is an Indian company that sells home utility products at retail and at the lowest prices possible in the market. Started by Mr. Radhakrishnan Damani in 2002, this chain of retail marts became a go-to shopping destination for middle-class families.
ASL trades under the name D’mart and has 294 stores in different Indian locations. Its headquarters are in Mumbai, Maharashtra.
Ignatius Navil Noronha is the incumbent CEO and Managing Director of Avenue Supermarts Ltd.
| Company Name | Avenue Supermart |
| First Branch | Powai, Hiranandani Gardens |
| Headquarters | Mumbai, Maharashtra |
| Company Type | Private Listed companies, Retail chain stores |
| Founder | Radhakrishnan Damani |
ASL Brands
| D Mart – Retail store for home utility products |
| D Mart Minimax – small size grocery store |
| D Mart Premia – online shopping space of D Mart stores |
| D Homes -home appliance wing of D Mart |
| Dutch Harbour – Shopping brand of D Mart stores |
ASL location
| Maharashtra | Amravati, Navi Mumbai, Osmanabad,Aurangabad, Ichalkaranji, Jaysingpur, Kolhapur, Latur, Miraj, Mumbai, Nagpur, Nanded, Pune, Ratnagiri, Sangli, Jalgaon, Jalna, Karad, Satara, Solapur, Thane |
| Gujarat | Ahmedabad, Gandhidham, Mehsana, Anand, Baroda, Valsad, Vapi, Bhuj, Gandhinagar, Nadiad, Rajkot, Surat. |
| Daman | Daman |
| Telangana | Khammam, Hyderabad, Karimnagar, Warangal |
| Andhra Pradesh | Eluru, Rajahmundry, Tirupati, Guntur, Kakinada, Kurnool, Vijayawada, Nellore, Ongole, Tuni, Visakhapatnam |
| Karnataka | Bengaluru, Belgaum |
| Madhya Pradesh | Bhopal, Indore, Dewas, Ratlam, Ujjain |
| NCR | Ghaziabad |
| Tamil Nadu | Chennai, Salem, Trichy, Coimbatore. |
| Punjab | Amritsar, Jalandhar, Zirakpur |
| Rajasthan | Ajmer, Bhilwara, Jaipur |
ASL stock price
Listed on the Bombay Stock Exchange as 540376 and the National Stock Exchange as DMART, its performance has been phenomenal since its IPO. It has been ranked as the 65th most valuable Indian Firm.
https://www.bseindia.com/stock-share-price/avenue-supermarts-ltd/dmart/540376/
https://www.nseindia.com/get-quotes/equity?symbol=DMART
Do check out these sites to get live updates on your favorite Avenue supermart stores!!
Avenue Supermart business model
For the first quarter of the financial year 2022-23, Avenue Supermarts recorded revenue of 9,806 crores. What makes D Mart so profitable despite being ‘ the lowest price retailer’??
The answer can be found in Avenue’s business model.
- Most of the D Mart stores are located and built on the lands they own, or in a minor case, they are leased. This reduces the expenditure on rent.
- D Mart keeps the interiors simple and provides fast-moving consumer goods at the lowest prices possible.
- D Mart always purchases stocks and supplies in bulk from its suppliers. This gives them the advantage of negotiating at a lower price.
- D Mart keeps its cost on human resources and marketing reasonable and spends the majority of its resources on making retail goods cheaper and accessible for the middle-income groups (MIG).
Avenue Supermart subsidiaries
- Avenue Food Plaza Pvt Ltd
- Align Retail Traders Pvt Ltd
- Avenue E-Commerce Ltd
- Nahar Seth & Jogani Developers Private Limited
- Reflect Wholesale and Retail Private Limited
Avenue Supermarts/ D Mart Products
Groceries, clothing, home & kitchen appliances, daily use products, crockery, sports goods, furniture, luggage, footwear, etc.
India’s middle class is rapidly expanding, and so is D- Mart!! this is all you need to know about Avenue Supermarts, its subsidiaries, D-Mart Locations, and its stock Price. Pay your earliest visit to your nearest Avenue Supermart store today!!