RSB Retail India wants to raise up to Rs 1500 crore through its IPO. The company has submitted a draft for the IPO near the Capital Market Regulator SEBI. New shares worth Rs 500 crore will be released in this IPO. Also, there will be an offer for sale of 2.98 crore shares from the promoters. RSB Retail India runs its business through multibrand format outlets, exclusive ethnic format outlets and hypermarkets.
The company sells Ethnic Wear, Everyday Casual Wear and Formal Wear. As of March 2025, there were 73 stores in 3 South Indian states. After Andhra Pradesh and Telangana, it also stepped into a Dè Royal store in Bengaluru, Karnataka. Motilal Oswal Investment Advisors, HDFC Bank and IIFL Capital Services, Book Running Lead Manager for IPO.
How to use IPO money
RSB Retail India was earlier known as RS Brothers Retail India. The first RS Brothers store opened in 1999 in the category of Telangana. The company will use Rs 275 crore out of the money to be received by releasing new shares in its IPO. 118.2 crore is planned to be used to start new stores under RS Brothers and South India shopping mall format. The rest of the money will be spent for normal corporate purposes.
Financial status of RSB Retail India
RSB Retail India 7 types of stores- South India Shopping Mall, RS Brothers, Kanchipuram Narayani Silks, Dè Royal, Value Zone Hyper Mart, Ethnic Destination and Status do business through exclusive men’s wear. The company’s net profit was Rs 104.4 crore in FY 2025. In FY 2025, the company’s revenue was Rs 2693.9 crore.
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