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Ratnadeep Retail Limited, incorporated February 1995 and headquartered in Hyderabad, is one of South India's leading organised food and grocery retailers, operating 190 stores (as of March 31, 2026) across Andhra Pradesh, Telangana and Karnataka under the Ratnadeep neighbourhood supermarket, Ratnadeep Select premium food store, National Mart hypermarket (which also houses the Style Mart affordable fashion format), and RD Click online formats. Offers 30,000+ SKUs across fresh produce, FMCG, staples, general merchandise and apparel. 1.21 million sq. ft. retail area across 20 cities. Employs 5,373 staff. Strong private label portfolio (2,321 SKUs). Revenue ₹2,223 Cr (FY26) vs ₹1,987 Cr (FY25, 15% CAGR from FY24); PAT ₹36.7 Cr (FY26) vs ₹10.89 Cr (FY25, PAT up 237% YoY). IPO: Fresh Issue ₹400 Cr + OFS of 1.49 Cr shares by promoters (Sandeep Agarwal, Manish Bhartiya, Mitesh Bhartiya, Yash Agarwal, Kavita Agarwal). Proceeds: ₹260 Cr to open new Ratnadeep/National Mart stores, ₹40 Cr debt repayment, remainder general corporate. DRHP filed July 1, 2026. Peers: Avenue Supermarts, Vishal Mega Mart, Spencer's Retail, Trent.