<h1>Retail chain expands Gujarat footprint with 9,500 sq ft Mansa store after BSE SME IPO; compliance and licensing risks.</h1> A retail chain expanded its Gujarat presence by opening a 9,500 sq. ft. store in Mansa offering over 20,000 products across FMCG, groceries, dairy and frozen categories; the operator runs 17 stores statewide. The company recently completed an IPO on the BSE SME platform raising Rs 18.45 crore and reported FY25 total income of Rs 47.40 crore with 41% Y-o-Y growth. Legal considerations include continued compliance with securities laws and disclosure obligations following the IPO, local commercial and licensing approvals for the new outlet, consumer protection and labeling rules, and potential competition or lease-related issues.