IPO DETAILS : Avenue Supermarts Ltd.
B-72/72A, Wagle Industrial Estate, Road No. 33, Kamgar Hospital Road, Thane, Maharashtra - 400604
Phone: 33400500 Fax: 33400599

Public Issue of 62541806 Equity Shares of Rs 10.00 each for Cash at a Premium of Rs 289.00 per share.

Issue Open DateIssue Closing DateApplication MoneyAllotment Money
08/03/201710/03/2017299.00 -
Lead Managers Registrar Listed at
AXIS CAPITAL LTD.
EDELWEISS FINANCIAL SERVICES LTD.
HDFC BANK LIMITED
ICICI SECURITIES LTD
INGA CAPITAL PRIVATE LIMITED
JM FINANCIAL INSTITUTIONAL SECURITIES LIMITED.
KOTAK MAHINDRA CAPITAL COMPANY LTD.
MOTILAL OSWAL INVESTMENT ADVISORS PVT. LTD.
SBI CAPITAL MARKETS LIMITED
Link Intime India Private Limited
C-13, Pannalal Silk Mills Compound,
L.B.S. Marg, Bhandup (West)
Mumbai, Maharashtra - 400078
Phone: 61715400 Fax: 25960329
BSE
NSE
Object of the issue

The Object of the issues are :

1. Repayment or prepayment of a portion of loans and redemption or earlier redemption of NCDs availed by the Company,
2. Construction and purchase of fit outs for new stores,
3. General corporate purposes.




Promoted by

The Promoters of the Company are:
1. Radhakishan S. Damani,
2. Gopikishan S. Damani,
3. Shrikantadevi R. Damani,
4. Kirandevi G. Damani,
5. Bright Star,
6. Royal Palm Trust,
7. Bottle Palm Trust,
8. Mountain Glory Trust,
9. Gulmohar Trust,
10. Karnikar Trust. 

1. Radhakishan S. Damani : Radhakishan S. Damani, aged 61 years, is one of the Promoters of the Company. He is a
resident Indian national. He resides at B - 2, 30th Floor, Prithvi Apartments CHS Limited, 21 Altamount Road, Mumbai - 400 026. He completed his first year commerce examination from the University of Mumbai. He has over 25 years of experience in the securities market. He began his career in the ball bearing business. Thereafter, he began his business in stock trading and he was granted registration as a stock broker by SEBI in the year 1992. Subsequently, in the year 1997, his membership was converted into corporate membership in the name of Damani Shares and Stock Brokers Private Limited. He founded Bright Star, one of the promoters of the Company, in the year 1989 to carry the business of dealing and investments in securities and susequently diversified his business in the retail industry through Koop Consumer Services Private Limited in the year 1999. Pursuant to the Scheme of Amalgamation, Koop Consumer Services Private Limited was merged into the Company. He has been instrumental in building a company that constantly strives towards developing a deep understanding of customer needs and right products. He is also a director on the board of Bright Star, Align Developers Private Limited, Derive Trading and Resorts Private Limited, 7 Apple Hotels Private Limited and Indian Institute of Human Settlements.


Driving License Number : MH01 20090062352
Voter Identification Number : MT/04/019/265077 

2. Gopikishan S. Damani : Gopikishan S. Damani, aged 59 years, is one of the Promoters of the Company. He is a
resident Indian national. He resides at B - 2, 30th Floor, Prithvi Apartments CHS Limited, 21 Altamount Road, Mumbai - 400 026. He has completed his secondary school certificate examination from Maharashtra State Board of Secondary Education, Poona Divisional Board. He has over 25 years of experience in securties market. He was granted registration as a stock broker by SEBI in the year 1992. Subsequently, in the year 1995, his membership was converted into corporate membership in the name of Maheshwari Equity Brokers Private Limited. He is also a director on the board of
Maheshwari Equity Brokers Private Limited, Bright Star, Shubhchintak Properties Private Limited, GSD Metals Private Limited, Align Developers Private Limited, Trishala Realty Private Limited, Avishkar Technoventure Private Limited, Nekian Estate Consultants Private Limited, JSM Developers Private Limited and Nahar Seth and Jogani Developers Private Limited. He has been awarded the Rashtriya Samman on April 7, 2000 for being one of the highest tax payers during Assessment Years 1995 to 1999.


Voter Identification Number : MT/04/019/265076

3. Shrikantadevi R. Damani : Shrikantadevi R. Damani aged 57 years, is one of the Promoters of the Company. She
is a resident Indian national. She resides at B -2, 30th Floor, Prithvi Apartments CHS Limited, 21 Altamount Road, Mumbai - 400 026. She has completed her higher secondary school certificate examination from Sitaram Poddar School, Mumbai. She is also a director on the board of Bright Star, Nekian Estate Consultants Private Limited, GSD Metals Private Limited, Trishala Realty Private Limited and Derive Trading and Resorts Private Limited.


Driving License Number : MH0120090089312
Voter Identification Number : MT/04/019/265078


4. Kirandevi G. Damani : Kirandevi G. Damani, aged 52 years, is one of the Promoters of the Company. She is a
resident Indian national. She resides at B -2, 30th Floor, Prithvi Apartments CHS Limited, 21 Altamount Road, Mumbai - 400 026. She completed her secondary school certificate examination from Shree Sharda Balika N.M Vidhyalya, Nepal. She is a director on the board of Maheshwari Equity Brokers Private Limited.


Voter Identification Number : MT/04/019/265074


5. Bright Star : Bright Star was incorporated as Bright Star Investments Private Limited on September 20, 1989 as a private limited company under the Companies Act, 1956. The name of Bright Star changed to Bright Star Investments Limited pursuant to a fresh certificate of incorporation on July 1, 1998. The name of Bright Star was changed to its present name pursuant to a fresh certificate of incorporation on April 15, 1999. The registered office of Bright Star is
situated at 903, Dalamal House, 206 J B Marg, Nariman Point, Mumbai - 400 021. Bright Star is currently in the business of investments in capital markets. Bright Star has filed an application for registration as an NBFC with the RBI on January 16, 2017. 

6. Royal Palm Trust : Royal Palm Trust was formed pursuant to a trust deed dated December 10, 2009 (the “Trust Deed”). The trustees of Royal Palm Trust are Radhakishan S. Damani, Shrikantadevi R. Damani, Jyoti Kabra, Madhu Chandak and Manjr Chandak. The registered office of Royal Palm Trust is at 903, Dalamal House, 206 J B Marg, Nariman Point, Mumbai - 400021. The overall objective of Royal Palm Trust is to hold assets settled in Royal Palm Trust and further added thereto, and to distribute the income, assets, trust fund including corpus after deducting all trust expenses and liabilities for the beneficiaries in the manner provided in the Trust Deed. Radhakishan S. Damani is the settlor of Royal Palm Trust. The primary beneficiary of Royal Palm Trust is Madhu Chandak.


7. Bottle Palm Trust : Bottle Palm Trust was originally formed pursuant to a trust deed dated December 10, 2009 (the “Trust Deed”). The trustees of Bottle Palm Trust are Radhakishan S. Damani, Shrikantadevi R. Damani, Jyoti Kabra, Madhu Chandak and Manjri Chandak. The registered office of Bottle Palm Trust is at 903, Dalamal House, 206 J B Marg, Nariman Point, Mumbai - 400021. The overall objective of Bottle Palm Trust is to hold assets currently settled in Bottle Palm Trust and further added thereto, and to distribute the income, assets, trust fund including corpus after deducting all trust expenses and liabilities for the beneficiaries in the manner provided in the Trust Deed. Radhakishan S. Damani is the settlor of Bottle Palm Trust. The primary beneficiary of Bottle Palm Trust is Manjri Chandak.


8. Mountain Glory Trust : Mountain Glory Trust was originally formed pursuant to a trust deed dated December 10, 2009 (the “Trust Deed”). The trustees of Mountain Glory Trust are Radhakishan S. Damani, Shrikantadevi R. Damani, Jyoti Kabra, Madhu Chandak and Manjri Chandak. The registered office of Mountain Glory Trust is at 903, Dalamal House, 206 J B Marg, Nariman Point, Mumbai - 400021. The overall objective of Mountain Glory Trust is to hold assets currently settled in Mountain Glory Trust and further added thereto, and to distribute the income, assets, trust fund including corpus after deducting all trust expenses and liabilities for the beneficiaries in the manner provided in the Trust Deed. Radhakishan Damani is the settlor of Mountain Glory Trust. The primary beneficiary of Mountain Glory Trust is
Jyoti Kabra.


9. Gulmohar Trust : Gulmohar Trust was originally formed pursuant to a trust deed dated December 10, 2009 (the “Trust Deed”). The trustees of Gulmohar Trust are Radhakishan S. Damani, Gopikishan S. Damani, Kirandevi G. Damani, Madhu Chandak and Manjri Chandak. The registered office of Gulmohar Trust is at 903, Dalamal House, 206 J B Marg, Nariman Point, Mumbai - 400021. The overall objective of Gulmohar Trust is to hold assets currently settled in Gulmohar Trust and further added thereto, and to distribute the income, assets, trust fund including corpus after deducting all trust expenses and liabilities for the beneficiaries in the manner provided in the Trust Deed. Gopikishan S. Damani is the settlor of Gulmohar Trust. The primary beneficiary of Gulmohar Trust is Prateet Damani.


10. Karnikar Trust : Karnikar Trust was originally formed pursuant to a trust deed dated December 10, 2009 (the “Trust Deed”). The trustees Karnikar Trust are Radhakishan S. Damani, Gopikishan S. Damani, Kirandevi G. Damani, Madhu Chandak and Manjri Chandak. The registered office of Karnikar Trust is at 903, Dalamal House, 206 J B Marg, Nariman Point, Mumbai - 400 021. The overall objective of Karnikar Trust is to hold assets currently settled in Karnikar Trust and further added thereto, and to distribute the income, assets, trust fund including corpus after deducting all trust expenses and liabilities for the beneficiaries in the manner provided in the Trust Deed. Gopikishan S. Damani is the settlor of Karnikar Trust. The primary beneficiary of Karnikar Trust is Pratinav Damani.