Ratnadeep Retail Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | Not less than 75% of the Net Offer | — | — |
| NII (HNI) | — | Not less than 15% of the Net Offer | — | — |
| Retail | — | Not more than 10% of the Net Offer | — | — |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
Lot size or price band not yet announced.
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 2,227 | 1,991 | 1,682 |
| EBITDA | 111 | 42 | 59 |
| Profit After Tax | 37 | -27 | 16 |
| Net Worth | 137 | 100 | 126 |
| Total Assets | 524 | 510 | 428 |
| Reserves & Surplus | 126 | 100 | 126 |
| Total Borrowing | 169 | 201 | 128 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Repayment/ prepayment, in part or full, of certain loan facilities availed by the Company – 40.00
- Setting up of new stores under the formats of (i) “Ratnadeep” and (ii) “National Mart” – 260.03
- General corporate purposes –
Company Overview
Incorporated in February 1995, Ratnadeep Retail Limited is one of South India's leading organized food and grocery retailers, operating a diversified retail network across Andhra Pradesh, Telangana, and Karnataka. The company offers over 30,000 SKUs across fresh produce, staples, FMCG, general merchandise, and apparel through its 190 stores under the Ratnadeep (Ratnadeep – Mindful Living and Ratnadeep Select) and National Mart formats. It also operates the RD Click online platform, providing home delivery services across eight cities in South India.
The company follows an integrated dual-format retail model that caters to a wide spectrum of customers, from everyday grocery shoppers to value-conscious and premium consumers. Its operations are supported by an extensive sourcing and supply chain network comprising two warehouses, two collection centres, and an in-house fleet of 85 trucks, enabling efficient inventory management, direct farmer procurement, and consistent product availability. Ratnadeep also has a strong private label portfolio with 2,321 SKUs across fresh produce, staples, dry fruits, and other grocery categories, contributing significantly to its revenue.
Led by an experienced promoter and senior management team with extensive retail expertise, the company leverages technology-driven procurement, merchandising, inventory management, and logistics systems to enhance operational efficiency and customer experience.
As of March 31, 2026, Ratnadeep Retail employed 5,373 permanent employees across business operations, supply chain, merchandising, finance, human resources, IT, marketing, legal, and other corporate functions.
Strengths
- Leading organized food and grocery retailer in South India with strong regional brand recognition.
- Integrated dual-format retail model serving premium, neighborhood, and value-conscious consumers.
- Wide product portfolio of over 30,000 SKUs supported by localized merchandising strategies.
- Strong sourcing, supply chain, warehousing, and direct farmer procurement capabilities.
- Cluster-based store expansion model driving operational efficiency and scalable growth.
- Experienced promoters and management team with deep expertise in organized retail operations.