Marri Retail
MAINBOARD
Min. Investment
Issue size
₹0 Cr
GMP
Locked
Current subscription status: --
Expert verdict
Subscription (as on 21 October 2026, 04:03 PM)
Overall-
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
- Marri Retail Limited is a prominent Hyderabad-based multi-brand retailer specializing in apparel and jewelry, operating through well-known regional brands such as The Chennai Shopping Mall, JC Brothers, JC Mall, and Jeans Corner. From its origins as a small proprietorship in 1997, the company has scaled to a network of 34 stores (spanning nearly 0.98 million sq. ft.) across Telangana, Andhra Pradesh, Karnataka, and Maharashtra. Financially, the company has shown significant momentum, reporting Revenue from Operations of ₹2,456.3 crore in FY25 and a Net Profit of ₹83.5 crore for the six-month period ending September 30, 2025. The IPO features a fresh issue of up to ₹522 crore and an Offer for Sale (OFS) of 2.7 crore equity shares by promoter Marri Venkat Reddy. Strategically, the company plans to utilize ₹250.5 crore of the proceeds for aggressive physical expansion (including 10 new apparel and 2 standalone jewelry stores) and ₹115.6 crore for debt repayment, aiming to strengthen its balance sheet as it transitions into a larger corporate retail entity.
Issue Details & Objective
Face value
₹1 per share
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The issue size of Marri Retail IPO is ₹0 Cr
The Marri Retail IPO will be open for applications from null to null
The lot size of Marri Retail IPO is null and its minimum investment amount is null.
