Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
Marri Retail Ltd. has filed a Draft Red Herring Prospectus (DRHP) with SEBI on February 1, 2026 to raise funds through Initial Public Offer (IPO).
Marri Retail Ltd. IPO is a Book Build Issue consisting of fresh issue of ₹522.00 crores and an offer for sale (OFS) of upto 2.70 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Nuvama Wealth Management Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Marri Retail IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹2 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Fresh Issue | [.] shares (agg. up to ₹522 Cr) |
| Offer for Sale | 2,70,00,000 shares of ₹2 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 13,65,00,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Sun, Feb 1, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Incorporated in 2008, Marri Retail Limited is engaged in the retail business, focusing on the sale and distribution of consumer products through organized channels.
The company operates apparel and jewellery retailer stores under multiple brands, offering a comprehensive and well-diversified product portfolio across a wide range of price points, including premium, mid-premium and value.
The company provide a comprehensive shopping experience that meets diverse lifestyle needs for weddings, festive occasions, and everyday use, catering to the entire family in a single and convenient shopping experience.
As of 1 February, 2026, the company had 34 stores with an aggregate retail space of 0.98 million square feet across 26 districts in Telangana, Andhra Pradesh, Karnataka, and Maharashtra.
Competitive Strengths:
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 1,521.99 | 1,631.58 | 1,079.23 | 934.93 |
| Total Income | 1,311.89 | 2,464.87 | 2,222.68 | 1,917.64 |
| Profit After Tax | 83.53 | 99.26 | 114.52 | 100.58 |
| EBITDA | 173.77 | 235.57 | 231.18 | 185.42 |
| NET Worth | 523.74 | 439.52 | 340.54 | 225.31 |
| Reserves and Surplus | 514.64 | 430.42 | 331.44 | 216.21 |
| Total Borrowing | 210.30 | 379.30 | 332.44 | 298.20 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/ prepayment, in full or part, of all or certain outstanding borrowings availed by the Conmpany | 115.60 |
| 2 | Capital expenditure to be incurred towards opening of 10 new apparel stores, one new Integrated Retail Store and two Jewellery Stores | 250.50 |
| 3 | Expenditure for lease/sub lease rent payments for certain of the existing stores and Warehouse | 35.85 |
| 4 | General corporate purposes |
| KPI | Sep 30, 2025 | Mar 31, 2025 |
|---|---|---|
| ROE | 17.34% | 25.45% |
| ROCE | 11.92% | 14.72% |
| Debt/Equity | 1.08 | 1.69 |
| RoNW | 15.95% | 22.58% |
| PAT Margin | 6.42% | 4.04% |
| EBITDA Margin | 13.35% | 9.59% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% |
Marri Retail IPO is a main-board IPO of 0 equity shares of the face value of ₹2 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Marri Retail IPO open and close dates are not available as of now.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Marri Retail IPO using UPI as a payment gateway. Zerodha customers can apply in Marri Retail IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Marri Retail IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Marri Retail IPO dates are not announced. Please check back again after some time.
Marri Retail IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Marri Retail IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Marri Retail IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Marri Retail IPO allotment status.
The Marri Retail IPO listing date is not yet announced. The tentative date of listing is .
