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Patel Retail Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹255
Issue Price
₹255
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹255
GMP based
Lot Size
58
shares / lot
Min Amount
₹14,790
1 lot · 58 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
19 Aug 2025
Tue Completed
Done
Close Date
21 Aug 2025
Thu Completed
Done
Allotment
22 Aug 2025
Fri Completed
Done
Refund
25 Aug 2025
Mon Completed
Done
Demat Credit
25 Aug 2025
Mon Completed
Done
Listing Date
26 Aug 2025
Tue Completed
UPI Deadline: 21 Aug 2025
Issue Details
Pricing & Size
Issue Price
₹255 Face ₹10
Lot Size
58 shares
Min Investment
₹14,790
Total Issue Size
95,20,000 shares (aggregating up to ₹242.66 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
28,40,700 (29.84%)
NII / HNI
23,67,250 (24.87%)
Retail
42,61,050 (44.76%)
Employee
51,000 (0.54%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
2,48,82,528 shares
Post-Issue Shareholding
3,34,00,528 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 58 ₹14,790
HNI / NII 14 812 ₹2,07,060
bHNI / bNII 68 3,944 ₹10,05,720
Objects of Issue
3 objectives
1
1 Repayment/prepayment, in full or part, of certain borrowings availed of by the Company.
59.00 Cr
2
2 Funding of working capital requirements of the Company.
115.00 Cr
3
3 General corporate purposes.
224.79 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Fedex Securities Pvt.Ltd.
IPO Timeline
Open
19 Aug
✓ Done
Close
21 Aug
✓ Done
Allotment
22 Aug
✓ Done
Listing
26 Aug
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
cs@patelrpl.net
Phone
+91 7391043825
Address
Plot No. M-2, Anand Nagar, Additional MIDC, Ambernath (East)- 421506, Ambernath, Maharashtra, India Ambarnath, Maharashtra, 421506
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹255
Est. Listing
₹255
Lot Size
58 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Patel Retail Ltd. LIVE
INR ·
vs Issue
Open
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P/E
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| Price
Market Reference
IPO Issue Price
₹255
GMP
+₹0 (+0%)
GMP Est. Listing
₹255
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 28,40,700 (29.84%) ₹7,243.79 Cr
NII / HNI (Total) 23,67,250 (24.87%) ₹6,036.49 Cr
Retail Investors 42,61,050 (44.76%) ₹10,865.68 Cr
Employee 51,000 (0.54%) ₹13.01 Cr
Total ** 95,20,000 (100.00%) ₹242,760.00 Cr
* Based on ₹255.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
28,40,700 (29.84%)
NII
23,67,250 (24.87%)
Retail
42,61,050 (44.76%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31 Mar 202531 Mar 202431 Mar 2023
Revenue825.99817.711019.80
PAT25.2822.5316.38
EBITDA62.4355.8443.24
Net Worth134.5794.4071.87
Total Assets382.86333.02303.12
Reserves
Borrowings180.54185.75182.81
Key Financial Ratios
19.02%
ROE
Return on Equity
14.43%
ROCE
Return on Capital Employed
19.02%
RONW
Return on Net Worth
3.08%
PAT Margin
PAT / Revenue
7.61%
EBITDA Mgn
EBITDA / Revenue
1.34
D/E Ratio
Debt to Equity
4.72
P/BV
Price to Book Value
10.16
Pre EPS
EPS Pre-Issue
7.57
Post EPS
EPS Post-Issue
25.1
Pre P/E
P/E Pre-Issue
33.69
Post P/E
P/E Post-Issue
About Patel Retail Ltd.

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).

Manufacturing Facilities:

Patel Retail Limited manages three main facilities supporting its retail and private label operations.

  • Facility 1 (Ambernath, Maharashtra): This location handles processing, quality checks, and packaging of private label products such as pulses, ready mixes, and select grocery items.
  • Facility 2 (Dudhai, Kutch, Gujarat): This production unit processes agri-products like peanuts, coriander seeds, and cumin seeds, serving as a key component of the company’s backward integration strategy.
  • Facility 3 (Agri-Processing Cluster, Dudhai, Kutch, Gujarat): Spread over 15.925 acres, this integrated agri-cluster includes five production units, a fruit pulp processing unit, a dry warehouse (3,040 MT capacity), a cold storage facility (3,000 MT capacity), and an in-house testing and research laboratory.

These facilities are collectively referred to as the Manufacturing Facilities, while Facility 2 and the Agri-Processing Cluster together are known as the Kutch Facilities.

Operations & Distribution:

Patel Retail Limited positions its stores as neighbourhood supermarkets catering to both daily needs and bulk shopping. In addition to its core retail activity, the company also generates rental income through vendor arrangements within its stores.

As of May 31, 2025, it has 38 products categories across 10,000 SKUs. Its products are distributed across various states, with the majority of sales originating from Maharashtra and Gujarat.

Key Strengths

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


 

Frequently Asked Questions
What is the issue price of Patel Retail Ltd. IPO?
The issue price of Patel Retail Ltd. IPO is ₹255 per share, face value ₹10.
What is the lot size?
Minimum lot size is 58 shares, requiring ₹14,790.
What are the IPO dates?
Opens 19 Aug 2025, closes 21 Aug 2025.
When is the listing date?
Tentative listing: 26 Aug 2025 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹255 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Patel Retail Ltd. IPO · Expected 22 Aug 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
22 Aug 2025
Refund Initiation
25 Aug 2025
Demat Credit
25 Aug 2025
Listing Date
26 Aug 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹255
Face ₹10
Lot Size
58
shares / lot
Min Amount
₹14,790
1 lot
Est. Listing
₹255
GMP +₹0
Key Dates
Open
19 Aug Done
Close
21 Aug Done
Listing
26 Aug Done
Registrar
Bigshare Services Pvt.Ltd.
A
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