V2 Retail Raises ₹ 400 Crore via Qualified Institutions Placement (QIP)

V2 Retail Limited has successfully raised ₹ 400 crore through a Qualified Institutions Placement (QIP), marking a significant milestone in its growth journey. The capital was mobilized through the issue of 18,74,414 equity shares of face value 10 each at an issue price of ₹ 2,134 per share. The QIP issue was subscribed ~ 2 times, reflecting strong investor confidence in the company’s long-term growth prospects. The successful capital raise further strengthens V2 Retail’s balance sheet and positions the company to pursue its strategic initiatives aimed at expanding its retail footprint and enhancing shareholder value.