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| Public | |
| Traded as | (BSE: 540376 NSE: DMART) |
| Industry | Retailing |
| Founded | 15th May 2002 |
| Founder | Radhakishan Damani |
| Headquarters | Mumbai, India |
Number of locations | 154 |
Area served | India |
| Products | Department store |
| Revenue | $1.86 Billion (2016-2017) |
| $74.64 million (2016-2017) | |
| Parent | Avenue Supermarts Limited (ASL) |
| Website | www |
DMart is a chain of hypermarket and supermarkets in India founded by Radhakishan Damani in the year 2002. [1] As of 2018, it has 154 stores spread across Maharashtra, Andhra Pradesh, Telangana, Gujarat, Madhya Pradesh, Chhattisgarh, Rajasthan, National Capital Region, Tamil Nadu, Karnataka and Punjab.
A "hypermarket" is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full groceries lines and general merchandise. In theory, hypermarkets allow customers to satisfy all their routine shopping needs in one trip. The term hypermarket was coined in 1968 by French trade expert Jacques Pictet.
Maharashtra is a state in the western region of India. It is the second-most populous state and third-largest state by area in India. Spread over 307,713 km2 (118,809 sq mi), it is bordered by the Arabian Sea to the west, the Indian states of Karnataka and Goa to the south, Telangana and Chhattisgarh to the east, Gujarat and Dadra and Nagar Haveli to the north west, and Madhya Pradesh to the north. It is also the world's second-most populous subnational entity. It was formed by merging the western and south-western parts of the Bombay State, Berar and Vidarbha, and the north-western parts of the Hyderabad State and splitting Saurashtra by the States Reorganisation Act. It has over 112 million inhabitants and its capital, Mumbai, has a population around 18 million making it the most populous urban area in India. Nagpur hosts the winter session of the state legislature. Pune is known as 'Oxford of the East' due to the presence of several well-known educational institutions.
Andhra Pradesh is one of the 29 states of India. Situated in the south-east of the country, it is the seventh-largest state in India, covering an area of 162,970 km2 (62,920 sq mi). As per the 2011 census, it is the tenth most populous state, with 49,386,799 inhabitants. The largest city in Andhra Pradesh is Visakhapatnam. Telugu, one of the classical languages of India, is the major and official language of Andhra Pradesh.
The supermarket chain of DMart stores is owned and operated by Avenue Supermarts Ltd. (ASL). The company has its headquarters in Mumbai.
After the IPO listing, it made a record opening on the market on NSE. After the close of the stock on 22 March 2017 'Avenue Supermarts Limited' the market value it became of Rs 39,988 crore, which is remarkable and recorded itself the 65th most valuable Indian firm ahead of Britannia Industries, Marico and Bank of Baroda. [2]
As of 16 September 2017 the market capitalization of D Mart is close to ₹67,000 crore (i.e.) above US$10 Billion.
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