Osia Hyper Retail Ltd. (NSE: OSIAHYPER), a leading retail chain based in Gujarat, has announced that its board, in its board meeting held on August 23, 2025, has approved the Issue of Equity Shares through Qualified Institutions Placement (“QIP’) for an aggregate amount up to INR 200 Cr, subject to the receipt of approval of the Members of the Company and such other approval(s).
Further, the board approved fund raise of up to INR 100 Cr through issue of equity shares on preferential basis, with Elitecon International Ltd. being the proposed allotee. The board also approved raising of up to INR 350 Cr through Issue of Convertible Warrantson Preferential basis. Proposed allotees for the warrants issue include FPIs such as Eminence Global Fund Pcc – Eubilia Capital Partners Fund I, Zeal Global Opportunities Fund, North Star Opportunities Fund VCC Bull Value Incorporated VCC Sub-Fund, amongst others non promoter group investors.
The proposed fund raise through all instruments are subject to the receipt of approval of the Members of the Company and such other approval(s)/ permission(s)/ consent(s)/ sanction(s) of any government/ regulatory/ statutory authorities, as may be required
Osia Hypermart (Osia Hyper Retail Ltd.) is one of the most distinguished and rapidly expanding retail chains in Gujarat, offering quality products at affordable prices to enrich the lives of customers every day. As a leading provider of over 300,000 products ranging from apparel to general merchandise like FMCG, plastics, home and decor, handlooms and handicrafts, crockery, cutlery, home appliances, kitchenware, innerwear, lingerie, toys, stationary, bags and luggage, furniture, and much more, Osia Hypermart caters to all tastes and needs.
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