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Patel Retail Limited IPO
Issue Size (Net)
up to Rs.242.76 Cr
Price Band
Rs.237 to Rs.255 per share
Issue Opens
August 19, 2025
Issue Closes
August 21, 2025

Company Highlights

1.Company Information

Incorporated in 2008, Patel Retail Limited is a retail supermarket chain that operates primarily in tier-III cities and nearby suburban areas. The stores offer a wide range of products, including food, non-food (FMCG), general merchandise, and apparel. The company opened its first store under the brand name “Patel’s R Mart” in Ambernath, Maharashtra. As of May 31, 2025, the company operated 43 stores across suburban areas of Thane and Raigad districts in Maharashtra, with a total retail area of approximately 1,78,946 sq. ft. To enhance margins and brand recognition, Patel Retail Limited has launched private label products such as “Patel Fresh” (pulses and ready-to-cook items), “Indian Chaska” (spices, ghee, and papad), “Blue Nation” (men’s wear), and “Patel Essentials” (home improvement items).

2.Competitive Strength

1) Deep knowledge and understanding of optimal product assortment and inventory management using IT systems
2) Steady footprint expansion using a distinct store acquisition strategy and ownership model
3) Logistics and distribution network with own fleet of 18 trucks
4) Diversified product portfolio
5) Strategically located manufacturing facilities

3.Patel Retail IPO Registrar
Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email:  ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com

Patel Retail Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
EBITDA
Net Worth
Total Borrowing
31-Mar-25
382.86
825.99
25.28
62.43
134.57
180.54
31-Mar-24
333.02
817.71
22.53
55.84
94.4
185.75
31-Mar-23
303.12
1,019.80
16.38
43.24
71.87
182.81
Amount in Rs. Crore

Patel Retail IPO Details

Issue Opening Date August 19, 2025 
Issue Closing Date August 21, 2025
Face Value Rs.10 per share
Price Rs.237 to Rs.255 per share
Lot Size 58 Shares
Sale Type Fresh Capital-cum-Offer for Sale
Total Issue Size 95,20,000 shares (aggregating up to Rs.242.76 Cr)
Reserved for Employees 51,000 shares (aggregating up to Rs.1 Cr)
Fresh Issue 84,67,000 shares (aggregating up to Rs.215.91 Cr)
Offer for Sale 10,02,000 shares of Rs.10 (aggregating up to Rs.25.55 Cr)
Net Offered to Public 94,69,000 shares (aggregating up to Rs.241.46 Cr)
Employee Discount Rs.20.00
Issue Type Bookbuilding IPO
Listing At BSE, NSE

Patel Retail IPO Timeline (Tentative Schedule)

Event Tentative Date
Opening Date Tue, Aug 19, 2025
Closing Date Thu, Aug 21, 2025
Tentative Allotment Fri, Aug 22, 2025
Initiation of Refunds Mon, Aug 25, 2025
Credit of Shares to Demat Mon, Aug 25, 2025
Listing Date Tue, Aug 26, 2025
Cut-off time for UPI mandate confirmation 5 PM on August 21, 2025

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

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