V2 Retail Raises ₹400 Crore Through QIP, Reports Strong Revenue Growth
V2 Retail Limited has completed a Qualified Institutional Placement (QIP), raising ₹399.99 crore by allotting 18.74 lakh equity shares at ₹2,134 per share. The company reported an 86% year-on-year revenue growth to ₹705 crore. V2 Retail expanded its store network, adding 43 new stores during the quarter, bringing the total count to 259 stores across India. The QIP saw participation from major institutional investors, with Motilal Oswal Small Cap Fund and associated funds receiving the largest allocation of 25%. Following the QIP, V2 Retail's paid-up equity share capital increased to ₹3,646.38 lakhs.

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V2 Retail Limited , a prominent player in the Indian retail sector, has successfully completed a Qualified Institutional Placement (QIP), raising ₹399.99 crore by allotting 18.74 lakh equity shares to institutional investors. The company has also reported significant revenue growth, expanding its store network across the country.
QIP Details
V2 Retail's Fund Raising Committee approved the issuance and allotment of 18,74,414 equity shares at ₹2,134 per share, which includes a premium of ₹2,124 per share. The issue price represents a 4.98% discount to the floor price, as determined by SEBI regulations.
Key highlights of the QIP:
| Particulars | Details | 
|---|---|
| Total funds raised | ₹399.99 crore | 
| Number of shares allotted | 18,74,414 | 
| Issue price per share | ₹2,134 | 
| Discount to floor price | 4.98% | 
Major Allotments
The QIP saw participation from several institutional investors, with significant allocations as follows:
| Investor | Allocation Percentage | 
|---|---|
| Motilal Oswal Small Cap Fund and associated funds | 25.00% | 
| Subhkam Ventures I Pvt Ltd | 14.97% | 
| Malabar India Fund Limited | 10.02% | 
| Edelweiss Trusteeship Co Ltd and associated fund | 7.47% | 
| Buoyant Opportunities Strategy-II | 5.23% | 
Impact on Share Capital
Following the QIP, V2 Retail's paid-up equity share capital has increased:
| Particulars | Pre-QIP | Post-QIP | 
|---|---|---|
| Paid-up equity share capital | ₹3,458.93 lakhs | ₹3,646.38 lakhs | 
| Number of equity shares | 3,45,89,341 | 3,64,63,755 | 
Financial Performance
V2 Retail has reported strong financial results:
- Standalone revenue: ₹705 crore, representing 86% year-on-year growth from ₹380 crore
 - Same Store Sales Growth: 23.4% year-on-year
 - Normalized growth: 10.3% (adjusted for festival timing)
 
Expansion and Operational Metrics
The company has been actively expanding its retail footprint:
| Metric | Value | 
|---|---|
| New stores added (during the quarter) | 43 | 
| Total store count | 259 | 
| Total retail footprint | 27.94 lakh sq. ft | 
| Monthly sales per square foot | ₹938 | 
Stock Performance
V2 Retail's shares closed at ₹2,500.00, up 2.06%, reflecting positive investor sentiment following the successful QIP and strong financial results.
The company's strategic expansion and successful capital raise through the QIP position V2 Retail for potential growth in the competitive Indian retail market.
Historical Stock Returns for V2 Retail
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years | 
|---|---|---|---|---|---|
| +2.19% | +11.08% | +12.27% | +46.99% | +118.65% | +5,307.58% | 













































