atnadeep Files for IPO..Retail Giants Queue Up

Hyderabad based Ratnadeep Retail Limited, which operates the Ratnadeep supermarket chain, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO). The company plans to raise ₹400 crore through a fresh issue of equity shares. Additionally, promoters including Sandeep Agarwal, Manish Bhartia, Mitesh Bhartia, Yash Agarwal, and Kavita Agarwal will sell 1.49 crore equity shares through an Offer for Sale (OFS).

The company said ₹260 crore from the fresh issue will be used to open new stores, ₹40 crore will go towards debt repayment, and the remaining amount will be used for general corporate purposes. Ratnadeep also plans to raise ₹80 crore through a pre IPO placement, which could reduce the size of the fresh issue. During FY2025 26, the company reported ₹2,223 crore in revenue and ₹36.7 crore in net profit.

Meanwhile, several other major companies are also preparing for IPOs. Carlsberg India has confidentially filed IPO papers and is expected to raise around ₹6,650 crore. Swara Baby Products aims to mobilise nearly ₹1,000 crore, while Parle Products, the maker of Parle-G biscuits and Mango Bite candies, is reportedly planning an IPO worth over ₹9,500 crore.