Ratnadeep Retail IPO

Ratnadeep Retail Limited, incorporated in February 1995, is one of the leading organized food and grocery retail chains in South India. The company operates 190 stores across Andhra Pradesh, Telangana, and Karnataka under the Ratnadeep, Ratnadeep Select, and National Mart formats, offering more than 30,000 SKUs across fresh produce, groceries, FMCG products, general merchandise, and apparel. 

The company follows a dual-format retail strategy, catering to premium, neighborhood, and value-conscious consumers. It also operates RD Click, its online grocery platform, providing home delivery services across eight cities in South India. Its operations are supported by two warehouses, two collection centres, an in-house fleet of 85 trucks, and a well-established sourcing network, including direct procurement from farmers. The company has also developed a strong private label portfolio comprising 2,321 SKUs across multiple grocery categories.

With technology-driven procurement, inventory management, and supply chain systems, Ratnadeep Retail focuses on improving operational efficiency and enhancing customer experience. As of March 31, 2026, the company employed 5,373 permanent employees across its retail stores, supply chain, merchandising, IT, finance, marketing, HR, legal, and corporate functions.