DMart | |
Company type | Public |
ISIN | INE192R01011 |
Industry | Retail |
Genre | Supermarket |
Founded | May 15, 2002 |
Founder | Radhakishan Damani [1] |
Headquarters | Powai, , India |
Number of locations | 365 (March 2024) |
Area served | India |
Key people |
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Products |
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Revenue | ₹50,935 crore (US$6.1 billion) (FY24) [2] |
₹3,461 crore (US$410 million) (FY24) [2] | |
₹2,536 crore (US$300 million) (FY24) [2] | |
Total assets | ₹21,177 crore (US$2.5 billion) (FY24) [2] |
Number of employees | 12,108 permanent (2023) 48,793 contractual (2023) [3] |
Website | www |
Avenue Supermarts Limited, d/b/a DMart, is an Indian retail corporation that operates a chain of supermarkets in India. [4] It was founded by Radhakishan Damani in 2002 when its first store was opened in Powai, Mumbai. [5] [6] As of March 2024, it has 365 stores across 12 states and union territories in India. [7]
The company has its headquarters in Mumbai. [8] As of March 2023, DMart had a total of 12,108 permanent employees and 48,793 employees hired on contractual basis. [3]
In December 2016, the company started its e-commerce venture called DMart Ready, allowing users to order groceries and household products online. [9] [10]
The company launched its initial public offering (IPO) in March 2017 and got listed on the National Stock Exchange and Bombay Stock Exchange. On its listing date 22 March 2017, it became the 65th most valuable Indian firm. [11]
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