Ratnadeep Retail files IPO with SEBI to raise ₹400 crore for expansion and debt repayment, enhancing its retail network.

Ratnadeep Retail files IPO with SEBI to raise ₹400 crore for expansion and debt repayment, enhancing its retail network.

Ratnadeep Retail Ltd. is on the brink of launching an Initial Public Offering (IPO) aimed at raising significant funds to fuel their expansion and reduce existing debt. The…

Ratnadeep Retail files DRHP with SEBI for IPO, seeking ₹400 crore to expand operations across Andhra Pradesh, Telangana, and Karnataka.

Net proceeds of the fresh issue towards repayment/ prepayment of loan, ₹ 260 crore for setting up of new stores and the remaining amount for general corporate purposes.