Ratnadeep Retail Files IPO to Raise Rs 400 Crore

Ratnadeep Retail has submitted its initial public offering prospectus to the Securities and Exchange Board of India, seeking to raise Rs 400 crore through a fresh issue of shares. The company reported FY26 revenue of Rs 2,223 crore, indicating strong growth momentum. The IPO aims to fund further expansion and enhance market presence. Investors will watch the pricing and subscription details closely.