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Bloomberg Quint

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V2 Retail Mulls Raising Funds Via QIP For Opening New Stores, Clearing Debt

  • V2 Retail is considering raising funds through a QIP for expansion and debt repayment.
  • The funds will be utilized for opening new stores and clearing existing loans.
  • Promoters have no plans to dilute their stake, and the company aims to increase EBITDA margins from 8% to 10% in the next two to three years.
  • The company focuses on a value-driven model, plans to unify labels under one brand, and aims for modest price increases in line with inflation.

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