
Patel Retail Ltd. IPO
Patel Retail IPO is a book-built issue worth ₹242.76 crore. The offering comprises a fresh issue of 0.85 crore shares aggregating to ₹217.21 crore and an offer for sale of 0.10 crore shares agg ...
The basis of allotment is expected to be finalised on August 22, 2025, with the tentative listing date set for August 26, 2025, on both BSE and NSE. The IPO price band is fixed between ₹237 and ₹255 per share. The lot size is 58 shares, requiring a minimum retail investment of ₹13,746.
For small non-institutional investors (sNII), the lot size is 14 lots (812 shares) amounting to ₹2,07,060, while for big non-institutional investors (bNII), it is 68 lots (3,944 shares) amounting to ₹10,05,720.
Fedex Securities Private Limited is the book-running lead manager for the issue, and Bigshare Services Private Limited is acting as the registrar. For comprehensive details, the Patel Retail IPO Red Herring Prospectus (RHP) should be referred to before making investment decisions.
Read moreIPO Timeline
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19 Aug 2025Bidding Starts
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21 Aug 2025Bidding Ends
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22 Aug 2025Allotment Finalization
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25 Aug 2025Refund Date
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25 Aug 2025Demat Date
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26 Aug 2025Listing Date
Patel Retail Ltd. IPO Financial Result in crore
Year | Asset | Revenue | Profit |
---|---|---|---|
31 Mar 2023 | 303.12 Cr | 1,019.80 Cr | 16.38 Cr |
31 Mar 2024 | 333.02 Cr | 817.71 Cr | 22.53 Cr |
31 Mar 2025 | 382.86 Cr | 825.99 Cr | 25.28 Cr |
About Patel Retail Ltd. IPO
About Patel Retail Limited
Patel Retail Limited is a supermarket chain focused on value retail, primarily operating in tier-III cities and nearby suburban areas. Established in
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Operations are concentrated in the suburban regions of Thane and Raigad districts, catering to lower-middle, middle, and aspiring upper-middle-class customers. The company offers over 10,000 product SKUs across 38 categories, including food, non-food (FMCG), general merchandise, and apparel.
Private label brands such as “Patel Fresh,” “Indian Chaska,” “Blue Nation,” and “Patel Essentials” form a key part of its product portfolio, covering items like pulses, spices, ready-to-cook mixes, and apparel. These products are processed, packaged, and quality-checked at facilities in Maharashtra and Gujarat, including a large agri-processing cluster with production, cold storage, and research facilities.
Patel Retail also exports staples, groceries, pulses, spices, and pulps to over 35 countries while engaging in domestic and export trading of FMCG goods, household items, and agricultural commodities. Its stores are strategically located in densely populated residential areas, offering competitive prices, convenience, and a one-stop shopping experience.
Following a cluster-focused expansion strategy, the company plans to strengthen its presence in the western suburbs of the Mumbai Metropolitan Region and expand into Pune. Its combination of modern retail formats, local market knowledge, and supply chain efficiency positions it strongly within the growing organised retail sector.
Read morePatel Retail IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- The company plans to use the funds to repay or prepay certain borrowings to reduce debt and improve financial stability.
- A portion of the proceeds will be used to meet the working capital needs for smooth daily operations.
- The issue will also support general corporate purposes, helping with business efficiency and growth.
Patel Retail IPO Promoter Holding
The promoters of the company include Dhanji Raghavji Patel, Bechar Raghavji Patel, Hiren Bechar Patel and Rahul Dhanji Patel.
Share Holding Pre-Issue
97.99%
Share Holding Post Issue 
70.01%
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
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