New Delhi: V2 Retail Limited has successfully raised ₹400 crore through a Qualified Institutions Placement (QIP), marking a pivotal milestone in its strategic growth journey. The capital was mobilized through the issuance of 18,74,414 equity shares of face value ₹10 each at an issue price of ₹2,134 per share.
Launched on October 30, 2025, the QIP closed on November 3, 2025, receiving an enthusiastic response from a wide spectrum of domestic and foreign Qualified Institutional Buyers (QIBs). The issue was subscribed approximately two times, reflecting strong investor confidence in V2 Retail’s long-term business fundamentals and growth trajectory.
The Board of Directors approved the allotment of equity shares to eligible institutional investors during its meeting held on November 3, 2025. The QIP attracted participation from several marquee investors including Motilal Oswal MF, Malabar India Fund, Edelweiss MF, Bandhan MF, Helios Flexi Cap Fund, Trust Mutual Fund, Subhkam Ventures, Malabar Midcap Fund, Buoyant Opportunities Strategy, TATA AIF, CSIM India Opportunities Fund 1, Edelweiss Life, Nomura Singapore Fund, and Citigroup Global Markets Mauritius.
The successful capital raise is expected to further strengthen V2 Retail’s balance sheet and enable the company to pursue its strategic initiatives focused on expanding its retail footprint, enhancing digital capabilities, and improving supply chain efficiency.
Motilal Oswal Investment Advisors Limited acted as the Book Running Lead Manager (BRLM), while Marathon Capital Advisory Private Limited served as Advisors to the Company for the QIP.
Commenting on the fundraise, Ram Agarwal, Managing Director of V2 Retail Limited, said: “We are truly encouraged by the strong participation and trust shown by some of the most respected institutional investors in India and overseas. This successful QIP is a testament to V2 Retail’s robust business fundamentals, operational resilience, and the confidence the market places in our long-term strategy.”
He added that the capital raised will support the company’s next phase of growth: “We aim to expand our retail footprint across key markets, strengthen our supply chain and digital capabilities, and invest in operational excellence. Our focus remains on driving sustainable value creation for all stakeholders and reinforcing V2 Retail’s position as one of India’s most trusted and customer-centric value retail brands.”
