Latest Updates Around The World
DMart operator Avenue Supermarts reported a 13% year-on-year increase in its standalone operations revenue for the quarter ended December 31, 2025, at Rs 17,613 crore, compared to Rs 15,565 crore in the year-ago period.The number of stores of the retail chain promoted by Radhakishan Damani stood at 442 in the quarter under review. The announcement […]
Eyewear retailer Lenskart is gearing up for its stock market debut, with its initial public offering (IPO) opening for public subscription on Friday, October 31. In the gray market, Lenskart’s IPO is currently trading at a premium of around 19% over the issue price of Rs 402 per share, indicating strong investor interest ahead of […]
India’s low-profile billionaire and retail king, Radhakishan Damani, appears to have exited his decade-old stake in the Tata Group’s retail powerhouse Trent, sparking new rumors on Dalal Street about what might have prompted this move after years of great success. The filings for the September 2025 quarter show Damani’s stake in Trent, held through Derive […]
Eyewear retailer Lenskart will launch its much-awaited initial public offering (IPO) later this week, which will be one of the most high-profile listings of the year in India’s booming consumer technology sector. The IPO opens for public subscription on October 31 and closes on November 4, while the anchor investor round is scheduled for October […]
Billionaire investor Radhakishan Damani, founder of Avenue Supermarts (DMart), has invested around Rs 90 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public offer) funding round, people familiar with the development said on Friday. The investment comes ahead of Lenskart’s initial public offering, which is expected to open for public subscription next week. […]
ACE investor Radhakishan Damani and Rakesh Jhunjhunwala’s Trust bought shares on Tuesday in NDR Invit Trust via Block Deals. Damani bought 87 Lakh shares worth RS 100 crore in the company, while Aryaman Jhunjhunwala bought discretionary trust 58 Lakh shares with a dealer size of RS 66.70 Crore. The shares were purchased at price of […]
