Home / Knowledge / News / Textiles / V-Mart to double store count through public issue
V-Mart to double store count through public issue
01
Feb '13
Indian value retailer, V-Mart Retail Ltd. (VMRL) is raising Rs 123.5 crore through a public issue 57.46 lakh equity shares, which will primarily be used to double the store count of the New Delhi-based retailer.

V-Mart is a medium-sized hypermarket format retail chain that was incorporated in 2002. V-Mart a multi-brand family store, offers mainly apparels and general merchandise.

V-Mart Retail Ltd. is one of the pioneers in setting up stores across various small Indian towns and cities and primarily operates in Tier-II and Tier-III cities. Its operations are spread across northern, western and eastern parts of India.

V-Mart opened its first store at Ahmedabad, Gujarat in 2003 and currently owns and operates 62 stores across 53 cities in 10 states and union territories.

Its stores are located in New Delhi, Gujarat, Uttar Pradesh, Bihar, Punjab, Chandigarh, Haryana, Jammu and Kashmir, Rajasthan and Madhya Pradesh.

The company follows the concept of value retailing to target mainly the population coming from the expanding aspiring and middle class.

Its offerings provide customers with a different shopping experience, comprising of a vast range of value retail products under a modern ambience and feel of a large retail mall.

Fibre2fashion News Desk - India


Must ReadView All

Indian govt relaxes cabotage rule for cotton transport

Textiles | On 25th May 2018

Indian govt relaxes cabotage rule for cotton transport

The Government of India has relaxed cabotage rules for transportation ...

Courtesy: Teejay Lanka

Textiles | On 25th May 2018

Teejay Lanka doubles production capacity at Indian mill

Teejay Lanka, one of Sri Lanka’s largest textile manufacturers, has...

Courtesy: Messe Frankfurt/Yarn Expo Autumn edition

Textiles | On 25th May 2018

Yarn Expo Autumn 2018 scheduled earlier

Over 500 exhibitors are expected at the Yarn Expo Autumn 2018, being...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search