Ratnadeep Retail files DRHP with SEBI for ₹400 crore fresh issue plus OFS
Hyderabad-based grocery and value-fashion retailer Ratnadeep, operating 190 stores across South India with 30,000 SKUs, filed IPO papers with SEBI. The ₹400 crore fresh issue funds ₹260 crore of new Ratnadeep and National Mart outlets and ₹40 crore debt repayment, alongside an ₹80 crore pre-IPO placement. FY26 revenue stood at ₹2,223 crore with PAT of ₹37 crore.
Hyderabad-based grocery and value-fashion retailer Ratnadeep filed DRHP with SEBI for a ₹400 crore fresh issue plus OFS. Operating 190 stores across South India, it will fund new Ratnadeep and National Mart outlets and debt repayment.
Why this matters
Hyderabad-based Ratnadeep steps toward public markets, backing its 190-store South India footprint and National Mart expansion with a ₹400 crore fresh issue while posting ₹2,223 crore FY26 revenue.
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