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D-Mart shares list on stock market, close up 114% at Rs 640.75

D-Mart shares list on stock market, close up 114% at Rs 640.75

Tuesday, March 21, 2017, 4:08 PM

Shares of Avenue Supermarts Ltd, the parent of D-Mart, saw a stellar listing on Tuesday as it surged over 110% after its initial public offer (IPO) to raise Rs1,870 crore was subscribed more than 100 times earlier this month. Avenue Supermarts’ shares opened 102.14% higher on the BSE at Rs 604.40 a piece, compared to the issue price of Rs.299 per share.
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