Ratnadeep Retail files DRHP for IPO, targets Rs 400 crore fresh issue plus OFS
Hyderabad-based grocery and value-fashion chain Ratnadeep Retail has filed its DRHP with SEBI. The Rs 400 crore fresh issue, alongside a 1.486 crore-share OFS, will fund Rs 260 crore of new Ratnadeep and National Mart stores across Telangana, Andhra Pradesh and Karnataka, plus Rs 40 crore debt repayment. The 190-store, 30,000-SKU chain posted Rs 2,223 crore FY26 revenue and Rs 36.7 crore PAT.
Hyderabad-based grocery and value-fashion retailer Ratnadeep Retail filed its DRHP with SEBI for an IPO comprising a Rs 400 crore fresh issue plus OFS, funding new Ratnadeep and National Mart stores across Andhra Pradesh, Telangana and Karnataka.