V2 Retail Limited has successfully raised ₹400 crore through a Qualified Institutions Placement (QIP), marking a pivotal moment in its growth strategy. The capital was generated by issuing 18,74,414 equity shares at an issue price of ₹2,134 per share. The QIP, which launched on October 30, 2025 and closed on November 3, 2025, received an overwhelming response, with subscriptions reaching nearly twice the amount offered. This strong interest signifies robust investor confidence in the company's long-term growth prospects.
The QIP attracted notable participation from various institutional investors, including Motilal Oswal Mutual Fund, Edelweiss Mutual Fund, and Citigroup Global Markets Mauritius, among others. The successful allotment of shares was approved by V2 Retail's Board of Directors during their meeting on November 3, 2025. With Motilal Oswal Investment Advisors Limited serving as the Book Running Lead Manager, the capital raised is poised to enhance V2 Retail's balance sheet, allowing for ambitious strategic initiatives aimed at expanding its retail footprint and improving shareholder value.
Commenting on the successful fundraising, Ram Agarwal, Managing Director of V2 Retail, expressed gratitude for the strong support from respected institutional investors. He emphasized that this QIP reflects V2 Retail's solid business fundamentals and operational resilience. The funds will be allocated towards expanding the company's retail presence in key markets, bolstering its supply chain and digital capabilities, and investing in operational excellence. With these strategies in place, V2 Retail aims to reinforce its position as one of India's most trusted and customer-centric value retail brands, committed to sustainable value creation for all stakeholders.