Skip to content

Allotment

Patel Retail Limited

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.

Patel Retail Limited IPO & Charts
₹255

0%

Open

₹255

HIgh - Low

₹255

Previous Close

₹255

Total Traded Value

0

52 Weeks High

₹255

52 Weeks Low

₹255

Updates On

Aug 11, 2025

IPO. Open

Aug 19, 2026

IPO. Close

Aug 21, 2026

IPO. Price

₹255.00

IPO Market price

₹851.71 Cr

IPO Details

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 Timeline

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

IPO Reservation

Category Offer
QIB Shares Offered 28,40,700 Shares
NII (HNI) Shares Offered 23,67,250 Shares
Retail Shares Offered 42,61,050 Shares

IPO Lot Size

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
About Company

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.

Patel Retail Ltd.’s revenue grew by 1%, while its profit after tax (PAT) increased by 12% between the financial years ending March 31, 2024, and March 31, 2025.

Company Financials (Consolidated)

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

Key Performance Indicator (KPI)

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 Objective

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) -

Contact Details

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

Detail Registrar

IPO Registrar

Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com

FAQ

Compare:

Back To Top