A September ownership record puts investor Radhakishan Damani’s linked accounts at 67.1% of Avenue Supermarts, while filings show a separate stake in the National Stock Exchange of India (NSE) existed before the exchange’s IPO.
Trendlyne’s Sept. 30 snapshot records 437,444,720 Avenue Supermarts shares across positions reported under Damani’s name, family trusts and investment vehicles. The combined figure is not a measure of Damani’s personal direct holding alone. Trendlyne refreshes its public investor profiles quarterly using ownership disclosures filed with exchanges.
The NSE offer document lists 39,084,400 shares in Damani’s name, equal to 1.58% of pre-offer equity. It cites a beneficiary position statement available June 15, 2026, months before the exchange’s September IPO. Trendlyne shows the same share count as a rounded 1.6% and marks it “New” for the quarter. Since the prospectus already showed the position in June, the September marker describes its status in Trendlyne’s tracker; it is not evidence of a purchase date.
The Economic Times’ Oct. 24 list ranked the NSE position second by holding value among Damani’s top 10 holdings. The list also named Bhagiradha Chemicals, Blue Dart Express, Horizon Industrial Parks, TSF Investments, United Breweries, 3M India, VST Industries, Sundaram Finance and Avenue Supermarts. Trendlyne’s September snapshot reports the following shares and stakes:
| Company | Shares | Stake and reported account(s) |
|---|---|---|
| Avenue Supermarts | 437,444,720 | 67.1% combined across Damani, family trusts and investment vehicles |
| National Stock Exchange of India | 39,084,400 | 1.6% rounded; Damani |
| Sundaram Finance | 2,630,434 | 2.4%; Bright Star Investments Private Limited |
| VST Industries | 49,430,148 | 29.1% combined: Bright Star Investments held 44,078,298; Damani held 5,351,850 |
| 3M India | 166,700 | 1.5%; Bright Star Investments |
| United Breweries | 3,252,378 | 1.2%; Derive Trading and Resorts Private Limited |
| TSF Investments | 4,170,434 | 1.9%; Bright Star Investments |
| Horizon Industrial Parks | 33,439,224 | 1.2%; Damani |
| Blue Dart Express | 281,770 | 1.2%; Bright Star Investments |
| Bhagiradha Chemicals | 4,306,487 | 3.3%; Derive Trading and Resorts Private Limited |
Trendlyne’s tracker covers positions in 14 companies associated with Damani and related accounts. The service cautions that its latest-quarter figures may be incomplete while companies are still filing.
