The issue was subscribed to nearly twice, attracting strong institutional demand
V2 Retail has raised Rs 400 crore through a Qualified Institutions Placement (QIP) that drew robust participation from both domestic and foreign investors, the company said.
The issue, launched on October 30 and closed on November 3, 2025, was subscribed nearly twice. It involved the issuance of 18,74,414 equity shares of face value Rs 10 each at Rs 2,134 per share.
Marquee investors participating in the issue included Motilal Oswal Mutual Fund, Malabar India Fund, Edelweiss Mutual Fund, Bandhan Mutual Fund, Helios Flexi Cap Fund, Trust Mutual Fund, Subhkam Ventures, Malabar Midcap Fund, Tata AIF, Nomura Singapore Fund, and Citigroup Global Markets Mauritius.
The company said the fundraising will strengthen its balance sheet and support strategic initiatives aimed at expanding its retail network and enhancing operational capabilities.
“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”, said Ram Agarwal, Managing Director, V2 Retail Limited.
Motilal Oswal Investment Advisors acted as the Book Running Lead Manager, while Marathon Capital Advisory served as advisors to the issue.
