This company will also bring IPOs, submission of initial documents with SEBI, you will be ready!
South India’s leading multi-brand retail chain RBS Retail India Limited has submitted a draft red hering prospectus (DRHP) for its initial public offer (IPO) to the market regulator SEBI. According to experts, the company intends to raise around Rs 1,500 crore through this IPO. According to PTI news, the company will offer new equity shares up to Rs 500 crore in this IPO, while promoters will offer about 2.98 crore equity stocks for SAIL (OFS).
Where will the company use funds
RBS Retail India Limited will invest about Rs 275 crore in the raised amount to repay the loan. About 118 crore rupees to open new stores, including RS brothers and South India Shopping Mall brand. The remaining amount will be used for normal corporate works.
Know the company
RSB established in 2008 introduces a range of ethnic, casual and formal costumes for customers of retail, premium, mid-reflective and value category. As of 31 March 2025, the company has 73 stores in 22 cities, which are spread over Telangana, Andhra Pradesh and Karnataka. South India Shopping Mall, R.S. Brothers, Kanchipuram Narayani Silks, Day Royal and Value Zone Hyper Mart. In the financial year 2025, the company’s total income was Rs 2,694 crore, while the net profit was recorded at Rs 104.4 crore after tax.
Indian retail market status
According to Technopak’s report, India’s retail sector is growing rapidly and its total market size is estimated to reach Rs 92.6 lakh crore by the financial year 2025. Apparel and accessories share in it is about Rs 6.90 lakh crore. The costume market of South India is 28% of the total apparel market of the country, the price of which was Rs 1.72 lakh crore in the financial year 2024.
This market is expected to increase from 12% annual growth rate (CAGR) to Rs 2029 in the next five years. RSB Retail India has appointed Motilal Oswal Investment Advisors, HDFC Bank and IIFL Capital Services as manager for its IPO.
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