D-Mart picks bankers for first retail sector IPO in almost a decade
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D-Mart picks bankers for first retail sector IPO in almost a decade

By Ranjani Raghavan

  • 09 Sep 2016
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D-Mart picks bankers for first retail sector IPO in almost a decade

D-Mart, the food and grocery hypermarket-chain owned by stock broker R K Damani, has signed up at least four merchant banks to manage its proposed public issue, the first by a multi-line offline retailer in nine years.Avenue Super Marts Ltd, the firm behind D-Mart, has hired Kotak Mahindra Capital as ......

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