Ratnadeep Retail Ltd. IPO Details
Ratnadeep Retail was incorporated on February 7, 1995. The company is a leading organized food, grocery, and fashion retailer in South India, operating 190 stores across Andhra Pradesh, Telangana, and Karnataka. Its extensive product portfolio, multi-format retail network, and "RD Click" online platform enable it to serve both essential and discretionary consumer needs across the region
| Bidding Dates |
|---|
| To Be Announced |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| - | - | - | - | 14.9 M | - | - | ₹4000.0 M | DRHP DOC |
Ratnadeep Retail issue details
Ratnadeep Retail has 14.9 M shares on offer
Ratnadeep Retail IPO issue size is ₹ 4000.0 M
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 10% | 15% | 75% |
Ratnadeep Retail IMPORTANT IPO DATES
| Issue Open Date | - |
| Issue close Date | - |
| Allotment Date | - |
| Refund Date | - |
| Demat Account Credit Date | - |
| Listing Date | - |
| Listing on Exchange(s) | NSE and BSE |
Ratnadeep Retail NUMBER OF SHARES ON OFFER
Ratnadeep Retail FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 2,223.1 | 36.7 | 107.4 | 74.9 | 5.0% |
| FY25 | 1,987.7 | -26.7 | 30.6 | -34.7 | 2.1% |
| FY24 | 1,680.0 | 15.8 | 26.9 | -36.1 | 3.5% |
Ratnadeep Retail INFORMATION ON IPO ISSUE
About Ratnadeep Retail
Ratnadeep Retail was incorporated on February 7, 1995. The company is a leading organized food, grocery, and fashion retailer in South India, operating 190 stores across Andhra Pradesh, Telangana, and Karnataka. Its extensive product portfolio, multi-format retail network, and "RD Click" online platform enable it to serve both essential and discretionary consumer needs across the region
Object of the Issue
- Repayment/ prepayment, in part or full, of certain loan facilities availed by the company
- Setting up of new stores under the formats of "Ratnadeep" & "National Mart"
- General corporate purposes
Ratnadeep Retail - PROMOTERS
| Name |
|---|
| Sandeep Agarwal |
| Manish Bhartiya |
| Mitesh Bhartiya |
| Yash Agarwal |
| Kavita Agarwal |
Ratnadeep Retail - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Sandeep Agarwal | Chairman & Managing Director |
| Manish Bhartiya | Whole-time Director |
| Mitesh Bhartiya | Executive Director |
| Yash Agarwal | Executive Director |
| Mohit Kumar Saxena | Non-Executive Independent Director |
| Natarajan Ranganathan | Non-Executive Independent Director |
| Devyani Khanvilkar | Non-Executive Independent Director |
| Suresh Mahalingam | Non-Executive Independent Director |
Ratnadeep Retail Book Running Lead Manager
Motilal Oswal Investment Advisors Limited
ratnadeepretail.ipo@motilaloswal.com
Axis Capital Limited
ratnadeep.ipo@axiscap.in
DAM Capital Advisors Limited
ratnadeep.ipo@damcapital.in
Ratnadeep Retail Registrar to the Offer
KFin Technologies Limited
ratnadeepretail.ipo@kfintech.com
Ratnadeep Retail Strengths
Dual-format retail model
The company operates an integrated multi-format retail network comprising neighbourhood supermarkets, premium food stores, value-led hypermarkets, and affordable fashion outlets. This diversified format strategy enables it to cater to a wide range of customer segments, shopping occasions, and price points across food, grocery, and fashion categories
Diversified product portfolio
The company offers a diversified portfolio of over 30,000 SKUs across food, grocery, general merchandise, and apparel, catering to both essential and discretionary consumer needs. Its merchandising strategy focuses on optimizing product assortment and in-store placement to enhance customer experience, increase repeat visits, and drive higher basket sizes
Strong execution capabilities
The company has established strong sourcing, supply chain, and merchandising capabilities that ensure efficient procurement, inventory management, and product availability across its retail network. Its category-specific sourcing strategy, including direct procurement, farm-to-store sourcing, and private label expansion, supports cost efficiency, consistent quality, and improved margins
Ratnadeep Retail Risks
Demand & inventory levels
The company’s performance depends on accurately forecasting customer demand and efficiently managing inventory across its diverse product portfolio. Any failure to maintain optimal inventory levels due to forecasting errors, supply disruptions, or changing consumer preferences could increase costs, reduce sales, and adversely affect profitability and customer satisfaction
Competition
The company operates in a highly competitive retail market, facing competition from organized retailers, local stores, and e-commerce platforms with greater resources and wider reach. Failure to effectively respond to changing consumer preferences, pricing pressures, or evolving market dynamics could adversely impact its market share, sales, and profitability
Digital payment systems risk
The company relies heavily on electronic payment systems for customer transactions, exposing it to payment processing disruptions, cybersecurity risks, and rising transaction costs. Any failure of these systems or increase in payment-related fees could adversely affect its operations, profitability, and customer experience
IPO FAQs
The promoters of the company are Sandeep Agarwal, Manish Bhartiya, Mitesh Bhartiya, Yash Agarwal and Kavita Agarwal.
The category allocation of qualified institutional buyers is 75.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 10.0%.