V2 Retail Limited has successfully raised Rs. 400 crore through a Qualified Institutions Placement (QIP), marking a significant milestone in its growth journey. The capital was mobilized through the issue of 18,74,414 equity shares of face value Rs. 10 each at an issue price of Rs. 2,134 per share.
Launched on October 30, 2025, the QIP issue closed on November 3, 2025, garnering an overwhelming response from a wide spectrum of domestic and foreign qualified institutional buyers (QIBs). The issue was subscribed ~ 2 times, reflecting strong investor confidence in the company's long-term growth prospects.
The Board of Directors, in its meeting held on November 3, 2025, approved the allotment of equity shares to the eligible institutional investors.
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, Citigroup Global Markets Mauritius among others.
This successful capital raise further strengthens V2 Retail's balance sheet and positions the company to pursue its strategic initiatives aimed at expanding its retail footprint and enhancing shareholder value.
Motilal Oswal Investment Advisors Limited acted as the Book Running Lead Manager (BRLM) and Marathon Capital Advisory Private Limited acted as Advisors to the Company for the QIP.
Commenting on the successful fundraise, Mr. 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.
The capital raised will enable us to accelerate our next phase of growth - expanding our retail footprint across key markets, strengthening our supply chain and digital capabilities, and investing in operational excellence. We remain committed to driving sustainable value creation for all our stakeholders and reinforcing V2 Retail's position as one of India's most trusted and customer-centric value retail brands."
Shares of V2 Retail Limited was last trading in BSE at Rs. 2450.65 as compared to the previous close of Rs. 2495.10. The total number of shares traded during the day was 4325 in over 524 trades.
The stock hit an intraday high of Rs. 2525.00 and intraday low of 2440.85. The net turnover during the day was Rs. 10678520.00.