Avenue Supermarts Limited IPO
Avenue Supermarts Limited was a mainboard IPO in the Diversified Retail sector, offered at ₹295–₹299 per share to raise ₹1,870 crore. The issue was subscribed 104.59× overall (QIBs 144.62×, NIIs 277.74×, retail 7.51×). It listed on 21 Mar 2017 at ₹600 and closed its first day at ₹642, a listing gain of +114.6% versus the ₹299 issue price. It now trades around ₹3,199 (+969.9% versus the issue price).
Frequently asked questions
- How many times was the Avenue Supermarts Limited IPO subscribed?
- The Avenue Supermarts Limited IPO was subscribed 104.59× overall — 144.62× in the QIB category, 277.74× among non-institutional investors, 7.51× in retail.
- What were the Avenue Supermarts Limited IPO listing gains?
- Avenue Supermarts Limited listed on 21 Mar 2017 at ₹600, closing its first day at ₹642 — a listing gain of +114.6% versus the ₹299 issue price.
- What were the retail allotment odds for the Avenue Supermarts Limited IPO?
- Retail was subscribed 7.51×, so a single-lot application had roughly a 13.3% chance of allotment (about 1 in 8), and allotment was finalised on 15 Mar 2017.
- What was the price band and lot size of the Avenue Supermarts Limited IPO?
- The price band was ₹295–₹299 per share, with a minimum lot of 50 shares (₹14,950 at the upper band).
- Who were the registrar and lead manager for the Avenue Supermarts Limited IPO?
- Link Intime India Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.