Allotment

Patel Retail IPO is a book-built issue of ₹242.66 crores, comprising a fresh issue of 0.85 crore shares for ₹217.12 crores and an offer for sale of 0.10 crore shares aggregating to ₹25.54 crores. The IPO opened on Aug 19, 2025 and closed on Aug 21, 2025, with allotment finalized on Aug 22, 2025. The shares got listed on BSE and NSE on Aug 26, 2025.
The price band for the IPO is set at ₹255 per share. The lot size for retail investors is 58 shares, requiring a minimum investment of ₹14,790 (based on the upper price). For sNII, the minimum investment is 14 lots (812 shares) amounting to ₹2,07,060, while for bNII, it is 68 lots (3,944 shares) amounting to ₹10,05,720. Additionally, up to 51,000 shares are reserved for employees at a ₹20 discount to the issue price.
Fedex Securities Pvt. Ltd. is the book running lead manager, and Bigshare Services Pvt. Ltd. is the registrar of the issue.
₹2550%
Open
HIgh - Low
Previous Close
Total Traded Value
52 Weeks High
52 Weeks Low
Updates On
IPO. Open
IPO. Close
IPO. Price
IPO Market price
| IPO Date | 26 Aug |
| IPO Listing Date | 26 Aug |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹255.00 |
| IPO Issue Size | 95,20,000 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| hare Holding Pre Issue | 2,48,82,528 |
| IPO Open Date | 19 Aug |
| IPO Close Date | 21 Aug |
| IPO Allotment (Tentative) | 22 Aug |
| Refunds | 25 Aug |
| Credit to Demat Account | 26 Aug |
| IPO Listing Date | 26 Aug |
| Category | Offer |
|---|---|
| QIB Shares Offered | 28,40,700 Shares |
| NII (HNI) Shares Offered | 23,67,250 Shares |
| Retail Shares Offered | 42,61,050 Shares |
Investors can place bids for a minimum of 58 shares, and additional bids must be in multiples of 58 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 58 | ₹14,790 |
| Retail (Max) | 13 | 754 | ₹1,92,270 |
| S-HNI (Min) | 14 | 812 | ₹2,07,060 |
| S-HNI (Max) | 67 | 3,886 | ₹9,90,930 |
| B-HNI (Min) | 68 | 3,944 | ₹10,05,720 |
Patel Retail Limited, incorporated in 2008, is a retail supermarket chain operating mainly in tier-III cities and surrounding suburban areas. The company runs its stores under the brand name “Patel’s R Mart”, offering a wide range of products including food, FMCG, general merchandise, and apparel. As of May 31, 2025, Patel Retail operates 43 stores across the Thane and Raigad districts of Maharashtra, covering a total retail area of approximately 1,78,946 sq. ft. To enhance margins and brand recognition, the company has introduced private label products such as “Patel Fresh”, “Indian Chaska”, “Blue Nation”, and “Patel Essentials”.
The company manages three manufacturing facilities that support its retail and private label operations. Facility 1 in Ambernath, Maharashtra, handles processing, quality checks, and packaging of pulses, ready mixes, and grocery items. Facilities 2 and 3 in Dudhai, Kutch, Gujarat, form an integrated agri-processing cluster, processing peanuts, spices, fruit pulp, and other agri-products, with cold storage, dry warehouse, and an in-house testing laboratory. These facilities strengthen Patel Retail’s backward integration strategy and support a wide product portfolio of over 10,000 SKUs across 38 categories.
Patel Retail’s key strengths include deep expertise in product assortment and inventory management, a steadily expanding store footprint, an efficient logistics and distribution network with a fleet of 18 trucks, and strategically located manufacturing facilities. Its diversified product portfolio and neighbourhood-focused store model enable the company to cater to both daily and bulk shopping needs across Maharashtra, Gujarat, and other regions.
| Assets | 382.86 | 333.02 | 303.12 |
| Total Income | 825.99 | 817.71 | 1,019.80 |
| Profit After Tax | 25.28 | 22.53 | 16.38 |
| EBITDA | 62.43 | 55.84 | 43.24 |
| NET Worth | 134.57 | 94.4 | 71.87 |
| Reserves and Surplus | - | - | - |
| Total Borrowing | 180.54 | 185.75 | 182.81 |
| ROE | 19.02% |
| ROCE | 14.43% |
| Debt/Equity | 1.34 |
| RoNW | 19.02% |
| PAT Margin | 3.08% |
| EBITDA Margin | 7.61% |
| Price to Book Value | 4.72 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 115 |
| 3 | To meet out the General Corporate Purposes; | 224.79 |
| 4 | Offer for Sale (OFS) | - |
Patel Retail Ltd. Address
Plot No. M-2, Anand Nagar,
Additional MIDC, Ambernath (East)- 421506,
Ambernath, Maharashtra, India
Ambarnath, Maharashtra, 421506
+91 7391043825
cs@patelrpl.net
IPO Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com