Ratnadeep Retail Eyes Public Issue
Hyderabad: Ratnadeep Retail Limited, the Hyderabad-based company operating supermarkets under the 'Ratnadeep' brand, is gearing up for an Initial Public Offering (IPO). It has submitted the Draft Red Herring Prospectus (DRHP) to SEBI seeking approval. The company revealed in the DRHP that it plans to raise ₹400 crore through the issuance of fresh equity shares as part of this IPO.
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