Ratnadeep Retail files draft IPO papers with India’s markets regulator SEBI, seeking to raise ₹400 crore through a fresh issue. According to the reporting, the planned proceeds are intended to support retail network expansion and repayment of debt. The company’s product offering spans a diversified range, with more than 30,000 stock keeping units (SKUs) across categories that include fresh produce, fast-moving consumer goods (FMCG), staples, general merchandise and apparels.
One outlet also cites the company’s operational financial performance, stating that for FY26 Ratnadeep Retail reports revenue from operations of ₹2,223 crore. Other sources confirm the filing of the DRHP (draft red herring prospectus) with SEBI but do not add further details. The filings mark an early stage of the IPO process, with further disclosures and final issue details subject to SEBI review and subsequent documentation.
