About DMart


  • Avenue Supermarts Limited, d/b/a (A trade nametrading name, or business name) DMart, is an Indian retail corporation that operates a chain of hypermarkets in India. It was founded by Radhakishan Damani (Rank #87 richest person in the world by Bloomberg Billionaire, 2022) in 2002, with its first branch in Powai’s Hiranandani Gardens
  • It is sponsored by Avenue Supermarts Ltd. (ASL)
  • It’s stores in available in almost 72 cities across 11 states in India including Maharashtra, Rajasthan, Karnataka, Uttar Pradesh, Andhra Pradesh, Telangana, Gujarat, Madhya Pradesh, Chhattisgarh,  National Capital Region, Tamil Nadu,  Daman, & Punjab.
  • As of 21 November 2019, the market capitalization of DMart is close to ₹114,000 crore, making it the 33rd largest company listed on the Bombay Stock Exchange.
  • Today in india, approx. 263 supermarket available (Year 2021).

Subsidiaries of Avenue Supermarts Limited

  • Avenue Food Plaza Pvt Ltd
  • Align Retail Traders Pvt Ltd
  • Avenue E-Commerce Ltd
  • Nahar Seth & Jogani Developers Private Limited
  • Reflect Wholesale & Retail Private Limited

How does DMart make money?

Volume Sales

  • It has an advantage because it is a low-cost retailer. Low prices attract more customers to the store, resulting in increased sales volume, inviting more manufacturers to maintain their products in company.
  • This is a DMart-created cycle that keeps the loop rolling. Its Unique Selling Position (USP) that it sells things at a lower price than the recommended retail price (MRP) which make it profitable and more popular.


  • Founder: Mr. Radhakishan Damani
  • Founded: 15 May 2002
  • Headquarters: Mumbai
  • Number of locations: 221 (2020-12)
  • Total assets: 12,076 crores INR
  • Subsidiaries: Avenue E-Commerce Limited, Avenue Food Plaza Private Limited

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