Regional retailers line up Rs 7,000 cr IPO blitz to fund Bharat expansion

More Retail (Rs 2,000 cr), Sangeetha, Poorvika, Sathya, Big C and Pai International are among regional chains planning IPOs of Rs 500 cr+ each. The capital targets store rollouts across Tier II/III India, where consumption is outpacing metros.

— Source publishedWed, 10 Jun, 2026, 09:19 IST·First seen Wed, 10 Jun, 2026, 09:59 IST·Source ET Retail

What happened

Regional Indian retailers focused on Tier II/III markets — including More Retail, Sangeetha, Poorvika, Sathya, Big C and Pai — are collectively planning over Rs

Key facts

  • 7,000 crore total
  • 2,000 crore More Retail IPO
  • 500 crore+ per IPO

Why this matters

Pre-IPO regional chains in electronics, grocery, and mobile retail are open to strategic capital and partnership conversations now—engage before listing locks valuations and dilutes optionality.