Avenue Supermarts IPO
Avenue Supermarts Limited (DMART) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 21 March 2017.
Listed 21 Mar
Subscribed 105x
Listing gain +100.7%
Issue details
Price band
₹295–299
Issue price
₹299
Lot size
—
Min. retail bid
—
Issue size
₹1,895 Cr
Face value
₹10
Bidding
08 Mar – 10 Mar 2017
Listing
21 Mar 2017
Retail quota
35%
Registrar
Link Intime India Private Limited
Listing day
Listed at
₹600
+100.7% vs issue price ₹299
Day's high
₹649
+117.0% · low ₹558 (+86.7%)
Day's close
₹642
+114.6% · traded ₹5,205 Cr
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 1,26,77,966 | 1,83,34,27,150 | 145x | |
| NII (HNI) total | 95,08,475 | 2,64,08,95,450 | 278x | |
| Retail | 2,21,86,441 | 16,65,61,000 | 7.51x | |
| Total | 4,43,72,882 | 4,64,08,83,600 | 105x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 3% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Avenue Supermarts's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| RBL BankAug 2016 | 85.1x | 198x | 5.70x | 69.6x | ₹1,219 Cr | +21.9% | +35.8% |
| Advanced Enzyme TechnologiesJul 2016 | 94.0x | 393x | 11.7x | 116x | ₹413 Cr | +35.0% | +38.8% |
| Thyrocare TechnologiesApr 2016 | 73.2x | 225x | 8.73x | 73.5x | ₹479 Cr | +49.1% | +49.1% |
| BSEJan 2017 | 48.6x | 159x | 6.48x | 51.2x | ₹1,243 Cr | +34.6% | +48.9% |
| Endurance TechnologiesOct 2016 | 53.4x | 127x | 2.69x | 43.8x | ₹1,162 Cr | +21.2% | +38.6% |
| Quess CorpJul 2016 | 59.0x | 392x | 34.1x | 144x | ₹411 Cr | +57.7% | +60.7% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Axis Capital | 107 | +20.4% | 73% |
| Edelweiss Financial Services | 16 | +25.0% | 69% |
| HDFC Bank | 16 | +15.8% | 75% |
| ICICI Securities | 109 | +21.3% | 69% |
| Inga Capital | — | — | — |
| JM Financial Institutional Securities | 109 | +22.8% | 75% |
| Motilal Oswal Investment Advisors | 47 | +15.0% | 72% |
| SBI Capital Markets | 56 | +16.7% | 61% |
Offer documents (NSE)
Frequently asked
What is the Avenue Supermarts IPO price band and lot size? ₹295–299 per share.
How many times has it been subscribed? 105x overall: QIB 145x, NII 278x, retail 7.51x.
How did it list? It opened at ₹600, +100.7% against the issue price of ₹299, and closed its first day +114.6%.
Other IPOs of 2017
Astron Paper & Board MillsFuture Supply Chain SolutionsShalbyHDFC Standard Life Insurance CompanyKhadim IndiaThe New India Assurance CompanyMahindra LogisticsReliance Nippon Life Asset Management
All 2017 IPOs →
Important: The AI listing estimates on Flash Finance are statistical estimates drawn from
how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell,
and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any
estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be
revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring
Prospectus and consult a SEBI-registered adviser before you invest.
