Dmart, Avenue Supermarts Raises ₹100 Crore via Commercial Paper; Opens 431st DMart Store in New Delhi

Avenue Supermarts, operator of DMart, raises ₹100 crore through commercial paper at 6% coupon rate. Company opens its 431st store in New Delhi.

Oct 1, 2025 - 13:42
Oct 1, 2025 - 13:51
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Dmart, Avenue Supermarts Raises ₹100 Crore via Commercial Paper; Opens 431st DMart Store in New Delhi

New Delhi: Avenue Supermarts Ltd, the parent company of India’s popular retail chain DMart, has raised ₹100 crore through the issuance of short-term debt instruments. The commercial paper (CP), issued on September 29, 2025, carries a coupon rate of 6% and will mature in 91 days on December 29, 2025.

The instrument, rated ICRA A1+, is proposed to be listed on the BSE, the company said in its regulatory filing. The funds are expected to support expansion plans and general business activities.


Details of the Debt Issuance

  • Amount Raised: ₹100 crore

  • Instrument: Commercial Paper (CP)

  • Coupon Rate: 6%

  • Maturity Period: 91 days (due December 29, 2025)

  • Credit Rating: ICRA A1+

  • Listing: Proposed to be listed on BSE


DMart Expands Retail Footprint with New Delhi Store

Alongside the fundraising, Avenue Supermarts announced the launch of its 431st DMart store in New Delhi. The new outlet, located at Epicah Mall & Business Centre in Moti Nagar, was opened on September 30, 2025.

With this addition, DMart strengthens its presence in the National Capital Region (NCR), further expanding its retail footprint across India. The company already operates stores in Maharashtra, Gujarat, Andhra Pradesh, Madhya Pradesh, Karnataka, Telangana, Chhattisgarh, NCR, Tamil Nadu, Punjab, and Rajasthan.


DMart’s Growth and Market Presence

Founded by veteran investor Radhakishan Damani and family, Avenue Supermarts has built DMart into one of India’s most successful retail chains. Known for offering value-for-money products in the grocery, household essentials, and personal care segments, the brand has continued to expand aggressively while maintaining financial discipline.

The ₹100 crore commercial paper issuance signals the company’s focus on balancing short-term funding needs with its long-term retail expansion strategy.

Avenue Supermarts’ dual move—raising ₹100 crore in short-term debt and opening its 431st DMart store—highlights the company’s steady growth trajectory. As the retail giant strengthens its footprint across India, industry watchers expect DMart to further capitalize on rising consumer demand in urban and semi-urban markets.


FAQs on Avenue Supermarts and DMart

1. What is the latest fundraising by Avenue Supermarts?
Avenue Supermarts raised ₹100 crore through commercial paper with a 6% coupon rate and 91-day maturity, due on December 29, 2025.

2. What is the credit rating of the DMart commercial paper?
The commercial paper has been rated ICRA A1+, which reflects strong creditworthiness.

3. How many DMart stores are there in India as of now?
As of September 30, 2025, DMart operates 431 stores across multiple states, including Delhi NCR, Maharashtra, Gujarat, and Karnataka.

4. Where is the newly opened DMart store in New Delhi located?
The new store is located at Epicah Mall & Business Centre, Moti Nagar, New Delhi.

5. Who promotes Avenue Supermarts and DMart?
Avenue Supermarts is promoted by Radhakishan Damani and his family, who have been instrumental in building DMart into a leading Indian retail chain.

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Yash Singh I’m Yash, a food journalist from Kanpur, writing for Indian Food Times. I cover everything from food tech and restaurant business trends to FMCG updates and startup news. My focus is on delivering timely, simple, and insightful stories from India’s ever-evolving food industry.