Regional retailers line up Rs 7,000 cr IPO blitz to fund Bharat expansion
More Retail (Rs 2,000 cr), Sangeetha, Poorvika, Sathya, Big C and Pai International are among regional chains planning IPOs of Rs 500 cr+ each. The capital targets store rollouts across Tier II/III India, where consumption is outpacing metros.
Regional Indian retailers focused on Tier II/III markets — including More Retail, Sangeetha, Poorvika, Sathya, Big C and Pai — are collectively planning over Rs 7,000 crore in IPOs to fund expansion into emerging Bharat consumption.