More retail mulls rs 2000 cr IPO in '26 to expand, cut debt

 More Retail is reportedly planning to launch an Initial Public Offering (IPO) worth around Rs 2,000 crore in 2026. The move aims to support the company’s expansion plans and reduce its existing debt burden.

 Backed by investors like Amazon and Samara Capital, More Retail is one of India’s leading supermarket chains. 

The funds raised through the IPO are expected to help the company strengthen its operations, open new stores, and enhance its supply chain infrastructure. Additionally, the capital infusion will assist in improving financial stability by cutting down on liabilities.

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