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Jainam recommend to 'Subscribe' to Avenue Supermarts IPO -
Jainam recommend to 'Subscribe' to Avenue Supermarts IPO
Jainam Research | Published: 08 Mar, 2017  | Source :

We at Jainam Wealth recommend our investors to “SUBSCRIBE” to the Avenue Supermarts Ltd. IPO considering D-Mart as strong retail chain brand, having a 112 stores, high operating efficiency, expansion with store acquisition strategy and ownership model, strong & experienced promoter background and strong track record as revenue grew at 40% CAGR in last 5 years.

Price Band Rs.295 - 299. Issue open on 8th March and close to 10th March. Market Lot 50 Shares.

About Jainam Research

Jainam Research was incorporated in 2003 with the vision to be the most preferred organization providing all financial services across the country. The foundation is on "Value" Systems - "Value" addition to Corporate, Retails and HNI Individuals through superior Wealth Creation Practices.


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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.