02 Feb 2026 | 5 Mins Read
Marri Retail files IPO papers with Rs 522 crore fresh issue
Flipitmoney
Marri Retail, an Hyderabad-based apparel and jewellery retailer, has filed IPO papers to raise up to Rs 522 crore through fresh issuance of shares and an offer-for-sale of 2.7 crore equity shares by promoter Marri Venkat Reddy. Proceeds will be used for expansion, debt repayment, and general corporate purposes, with the company operating 34 stores under various brands across India.