WEDNESDAY, 7 OCTOBER 2026

Retail

Avenue Supermarts raises ₹300 crore via commercial paper

DMart parent taps short-term debt on 8 September to keep store expansion funded while same-store growth stays measured.

, Retail correspondent··4 min read

Stacks of cardboard cartons and shopping trolleys in a brightly lit warehouse aisle
Stacks of cardboard cartons and shopping trolleys in a brightly lit warehouse aisle

Avenue Supermarts allotted commercial paper worth ₹300 crore on 8 September, maturing in early December. The unsecured paper carries a 6.4 percent coupon and holds an ICRA A1+ rating, according to exchange filings and market reports.

The company raised ₹300 crore through the fresh commercial paper issue dated around 8-9 September. Funds are earmarked for ongoing retail expansion needs.

On the shop floor this keeps new DMart boxes opening on schedule; a typical large-format store still relies on private-label mix and high inventory turns to protect the everyday-low-price model against rising competition.

Avenue Supermarts allotted ₹300 crore commercial paper at 6.4 percent.

The raise helps the chain maintain physical density even as quick-commerce platforms pressure metro like-for-like numbers. It also signals continued access to cheap short-term paper despite sector noise.

Next watch is the September-quarter trading window closure already notified and any update on store additions or DMart Ready city count in the coming results.

Filed under Retail·Meera Iyer

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