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IPO 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

IPO DRHP Status

Description Date
Filed with SEBI/Exchange Sun, Feb 1, 2026
SEBI/Exchange approval received Fri, Jul 10, 2026

Issue Reservation

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

About Marri Retail Ltd.

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:

  • Differentiated business model offering both apparel and jewellery, well-positioned to capitalize on industry growth.
  • Well diversified product portfolio across a wide range of price points with multiple store brands catering to the entire family.
  • Strategically located store expansion ensuring high visibility and customer accessibility.
  • Optimized store layouts and category segmentation delivering an engaging in-store experience.
  • Extensive procurement base with highly efficient and technology-driven supply chain management

Company Financials (Restated Consolidated)

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

Recently Listed IPOs in Other Consumer Services

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Safecure Services Ltd. SME ₹30.60 Cr ₹102 11.66 ₹77.55 -23.97% ₹24.99 (+0.16%)
NIS Management Ltd. SME ₹60.01 Cr ₹111 9.13 ₹102.60 -7.57% ₹48.40 (+0.83%)

IPO Objects of the Issue

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

Key Performance Indicator (KPI)

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 Venkat Reddy, Marri Madhumathi, Venkata Krishna Pakalapati and Amrut Family Trust

IPO Registrar

Kfin Technologies Ltd.

IPO Lead Manager(s)

  1. Nuvama Wealth Management Ltd.  (Past IPO Performance)
  2. IIFL Capital Services Ltd.  (Past IPO Performance)
  3. Motilal Oswal Investment Advisors Ltd.  (Past IPO Performance)

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Marri Retail Ltd. Address
Unit No. 901-904, 9th Floor,
Tower 1, Vasavi Shalom Skycity, Survey No. 17,
Gachibowli Circle, KV Rangareddy, Seri Lingampally
Hyderabad, Telangana, 500032

IPO FAQs

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.

Angel one customers can apply online in Marri Retail IPO using UPI as a payment gateway. Angel one customers can apply in Marri Retail IPO by login into Angel one Console (back office) and submitting an IPO application form.

Steps to apply in Marri Retail IPO through Angel one

Visit the Angel one website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Marri Retail IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel one 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 .

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