RSB Retail India does DRHP files with SEBI for IPO, Rs. 500 crores plans to collect

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RSB Retail India does DRHP files with SEBI for IPO, Rs. 500 crores plans to collect

Hyderabad -based Apparel Retailer RSB Retail India Limited has filed its draft Red Harring Prospectus for the initial public offering fur of the Securities and Exchange Board India for India, which offers Rs 2.98 crore equity shares by existing shareholders. Will combine a new issue of Rs 500 crore.

Potti Venkatesvarlu, Serena Rajamouli, Tiruvedhula Prasad Rao, Potty Venkata Sai Abhu, Serna Suresh, Thiruvedhula Rakesh, Thiruvedhula Keshav Gupta, Maturu Venkat Sindhu, Lakshmi, Lakshmi, Lakshmi, Lakshmi, Lakshmi, Lakshmi.

ProCEED Revenue Use

According to the DRHP, RSB retail plans to use Rs 275 crore from the latest issue to pay a specific loan or to pay. Another Rs 118 crore has been fixed for setting up new stores under its RS Brothers and South India Shopping Mall formats, the remaining amount will be deployed for general corporate purposes.

Business footprint

Included in 2008, RSB Retail has discovered its origin until 1999, while the first RS Brothers Store was launched in Koti, Hyderabad. As of March 31, 2025, the company operated 73 stores in 22 cities of Telangana, Andhra Pradesh and Karnataka, with five brick-and-mortar formats spread-South India’s Shopping Mall, RS brothers, Kanchipuram Narayan Silk, Day Royal and Value Zone.

Financial

The company has paid Rs. The revenue from 2,694 crore was reported, which reflects the annual growth rate of 12.55% between the financial year 23 and the financial year 25. The profit after tax in FY 25 was Rs.104.4 crore.

Marketing

According to a technopak analysis cited in DRHP, the apparel market accounts for 28% of the total apparel market in South India and was valued at Rs 1,723 billion in FY 24. It is estimated to increase by Rs 3,050 billion on CAGR of 12% by FY 29.

Head administrators

Motilal Oswal Investment Advisors Limited, HDFC Bank Limited and IIFL Capital Services Limited are lead managers on the issue.

(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)

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