

Avenue Supermarts Profile
Key Indicators
- Authorised Capital ₹ 750.00 Cr
- Paid Up Capital ₹ 650.73 Cr
- Company Age 24 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 890.00 Cr
- Satisfied Charges ₹ 2,193.94 Cr
- Revenue Growth 37.72%
- Profit Growth 58.18%
- Ebitda 46.29%
- Net Worth 18.52%
- Total Assets 18.43%
About Avenue Supermarts
Avenue Supermarts Limited (ASL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 May 2000 and has a history of 24 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540376 and on the National Stock Exchange(NSE) under DMART.
The Corporate was formerly known as Avenue Supermarts Private Limited. The Company is engaged in the Consumer Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 750.00 Cr and a paid-up capital of Rs 650.73 Cr.
The company currently has active open charges totaling ₹890.00 Cr. The company has closed loans amounting to ₹2,193.94 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Avenue Supermarts Limited India are Niladri Deb as Cfo, Ashu Gupta as Company Secretary, and Ramakant Baheti as Cfo. Chandrashekhar Bhave, Ignatius Noronha, Manjri Chandak, and Five other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Who are the key members and board of directors at Avenue Supermarts?
Executive Team (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Ignatius Noronha ![]() | Managing Director | 02-Jan-2006 | Current |
Niladri Deb ![]() | CFO | 05-May-2018 | Current |
Ashu Gupta ![]() | Company Secretary | 03-Jul-2007 | Current |
Ramakant Baheti ![]() | CFO | 01-May-2014 | Current |
Board Members (6)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Manjri Chandak ![]() | Director | 31-Mar-2011 | Current |
Chandrashekhar Bhave ![]() | Director | 17-May-2016 | Current |
Elvin Machado ![]() | Whole-Time Director | 30-Sep-2015 | Current |
Bhaskaran Narayanan | Whole-Time Director | 17-Oct-2024 | Current |
Kalpana Unadkat ![]() | Director | 30-Jul-2018 | Current |
Harishchandra Bharuka ![]() | Director | 13-Jan-2024 | Current |
Financial Performance of Avenue Supermarts.
Avenue Supermarts Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.72% increase. The company also saw a substantial improvement in profitability, with a 58.18% increase in profit. The company's net worth Soared by an impressive increase of 18.52%.


- Key Matrics
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What is the Ownership and Shareholding Structure of Avenue Supermarts?
In 2023, Avenue Supermarts had a promoter holding of 74.93% and a public holding of 25.06%. The company had 5 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Tvs Credit Services Limited
Kalpana Unadkat is a mutual person
- Align Retail Trades Private Limited.
Manjri Chandak is a mutual person
- Vistaar Financial Services Private Limited
Chandrashekhar Bhave is a mutual person
- Mahindra And Mahindra Financial Services Limited
Chandrashekhar Bhave is a mutual person
- Retailers Association Of India
Ignatius Noronha is a mutual person
- Avenue E-Commerce Limited
Ignatius Noronha, Manjri Chandak and 2 more are mutual person
Charges (Loans)
₹890.00 Cr
₹2,193.94 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 500.00 Cr
- Others : 180.00 Cr
- Hdfc Bank Limited : 110.00 Cr
- Axis Bank Limited : 100.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
17 Oct 2018 | State Bank Of India | ₹500.00 Cr | Open |
27 Aug 2015 | Others | ₹50.00 Cr | Open |
21 Mar 2012 | Axis Bank Limited | ₹100.00 Cr | Open |
24 Nov 2011 | Others | ₹65.00 Cr | Open |
20 Nov 2009 | Others | ₹65.00 Cr | Open |
How Many Employees Work at Avenue Supermarts?
Avenue Supermarts has a workforce of 12910 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Avenue Supermarts, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Avenue Supermarts's trajectory.
Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Avenue Supermarts
Recent activity within the organization
- Director Appointment
Bhaskaran Narayanan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Oct 2024 & has been associated with this company since 5 months 27 days .
- Annual General Meeting
Avenue Supermarts Limited last Annual general meeting of members was held on 29 Aug 2024 as per latest MCA records.
- Balance Sheet
Avenue Supermarts Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Harishchandra Meghraj Bharuka was appointed as a Director was appointed as a Director on 13 Jan 2024 & has been associated with this company since 1 year 3 months .
- Charges
A charge with Hdfc Bank Limited of Rs. 100.00 Cr registered on 04 Oct 2007 with Charge ID 10074564 was modified on 26 Dec 2023.
- Charges
A charge with Others of Rs. 65.00 Cr registered on 24 Nov 2011 with Charge ID 10325558 was modified on 19 Jan 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Avenue Supermarts Limited?
Avenue Supermarts Limited was incorporated on 12 May 2000.
What is authorized share capital and paid-up capital of Avenue Supermarts Limited?
The authorized share capital of Avenue Supermarts Limited is ₹ 750.00 Cr and paid-up capital is ₹ 650.73 Cr.
Who are the current board members & directors of Avenue Supermarts Limited?
Currently 11 directors are associated with Avenue Supermarts Limited.
- Chandrashekhar Bhaskar Bhave
- Ignatius Navil Noronha
- Manjri Aditya Chandak
- Elvin Elias Machado
- Bhaskaran Narayanan
- Niladri Deb
- Ashu Gupta
- Ramakant Kanhaiyalal Baheti
- Kalpana Vasantrai Unadkat
- Harishchandra Meghraj Bharuka
- Ramakant Kanhaiyalal Baheti
What is the registered address of Avenue Supermarts Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Avenue Supermarts Limited is Anjaneya Chs Limited Orchard Avenue Opp. Hiranandani Foundation School Powa I, India, Mumbai, Maharashtra, 400076.
What is the corporate identification number (CIN) and company number of Avenue Supermarts Limited?
The corporate identification number (CIN) of Avenue Supermarts Limited is L51900MH2000PLC126473 and the company number is 126473 as per Ministry of Corporate Affairs (MCA).
Is Avenue Supermarts Limited registered with any stock exchange in India?
Yes, Avenue Supermarts Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): DMART.
What is the official website of Avenue Supermarts Limited?
The Official website of Avenue Supermarts Limited is https://www.dmartindia.com
What has been the recent revenue trend for Avenue Supermarts Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Avenue Supermarts Limited has risen by 37.72%.
How many employees does Avenue Supermarts Limited currently have?
As Per 2023 financial reports, 12910 employees are currently employed by Avenue Supermarts Limited.
What change has been observed in the net worth of Avenue Supermarts Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Avenue Supermarts Limited has experienced an upsurge of 18.52%.
What are the total open charges for Avenue Supermarts Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Avenue Supermarts Limited amount to ₹ 890.00 Cr.
When was the last Balance Sheet of Avenue Supermarts Limited filed with the ROC?
The most recent Balance Sheet for Avenue Supermarts Limited was filed with the ROC on 31 Mar 2024.
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