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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Ratnadeep Retail files DRHP with SEBI for IPO; plans to raise Rs 400 crore through fresh issue

The company plans to utilise Rs 40 crore from the net proceeds towards repayment or prepayment of certain borrowings, Rs 260 crore for setting up new stores under its Ratnadeep and National Mart formats, while the remaining funds will be used for general corporate purposes.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/ratnadeep-retail-files-drhp-with-sebi-for-ipo-plans-to-raise-rs-400-crore-through-fresh-issue/132135109
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