DMart shares in focus on Rs 175 crore investment in subsidiary

Shares of Avenue Supermarts (D-Mart) will be in focus today, March 20, after the company announced an investment of Rs 174.99 crore in its subsidiary, Avenue E-Commerce (AEL).

“This is to inform you that Avenue Supermarts Limited (“Company”) today i.e. on 19th March, 2025, has invested an amount of Rs. 174,99,64,980/- (Rupees One Hundred and Seventy-Four Crores Ninety-Nine Lakhs Sixty-Four Thousand Nine Hundred and Eighty Only) by subscribing to 4,67,78,000 equity shares of Rs. 10/- each of Avenue E-Commerce Limited (AEL), a subsidiary of the Company,” the company said in a regulatory filing.

According to the said filing, D-Mart subscribed to 4.67 crore equity shares of AEL at an issue price of Rs 37.41 per share, which includes a premium of Rs 27.41 per share.


The transaction was completed on March 19, 2025, increasing D-Mart’s stake in AEL from 99.71% to 99.74%.

Avenue E-Commerce, which operates under the DMart Ready brand, recorded a turnover of Rs 2,899.20 crore in FY 2023-24. The funds raised through this investment will be utilized for operational, working capital, and capital expenditure (capex) requirements of AEL.

This move highlights Avenue Supermarts' continued commitment to expanding its online and multi-channel grocery retail business.

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Avenue Supermarts share price performance

Over the past year, Dmart’s stock declined by 4.09%, while on a year-to-date (YTD) basis, it registered a gain of 7.98%. In the last six months, the stock saw a significant drop of 28.08%, reflecting volatility in the market. However, in the last three months, the stock rebounded, gaining 9.89%, and in the last month alone, it rose by 4.26%.

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