Thursday, 13 February 2020

@AlliesFin Serve T.ME/ALLiESFiN's Post

*Offer for Sale - OFS*
*Company:* Avenue Supermarts Limited
*Bloomberg Code:* DMART IN Equity
*Selling Shareholder:* Radhakishan S. Damani, Gopikishan S. Damani, Shrikantadevi R. Damani and Kirandevi G. Damani, being certain promoters of the Company
*Offer size:* Up to 14,800,000 equity shares
*Floor Price:* INR 2,049 per share (Discount of 19.5% to closing price of INR 2,544.15 as on February 13, 2020)
*Offer Size at Floor Price:* INR 30,325 MM i.e. USD 426 MM
*Public Announcement and Floor Price Announcement (T-1):* Thursday, February 13, 2020
*Trade Date for non-Retail investors (T):* Friday, February 14, 2020
*Trade Date for Retail Investors (T+1):* Monday, February 17, 2020
*Selling Broker:* Axis Capital Limited
By: via @AlliesFin Serve T.ME/ALLiESFiN

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