Patel Retail Ltd. IPO Details – Price, Date, GMP & Analysis
Patel Retail Ltd. IPO Overview
Company Overview
Patel Retail Limited, incorporated in 2008, is a retail supermarket chain operating in tier-III cities and suburban areas. It offers a wide range of products, including food, FMCG, general merchandise, and apparel. The first store, “Patel’s R Mart,” was opened in Ambernath, Maharashtra. As of May 31, 2025, the company operates 43 stores with a total retail area of approximately 1,78,946 sq. ft. To enhance margins and brand recognition, it has launched private label products such as “Patel Fresh,” “Indian Chaska,” “Blue Nation,” and “Patel Essentials.” Patel Retail manages three main manufacturing facilities and positions its stores as neighborhood supermarkets for daily needs and bulk shopping. The company also generates rental income through vendor arrangements within its stores and has 38 product categories across 10,000 SKUs, primarily selling in Maharashtra and Gujarat.
IPO Timeline
Open Date
Tue, Aug 19, 2025
CompletedClose Date
Thu, Aug 21, 2025
CompletedAllotment
Fri, Aug 22, 2025
CompletedRefund Process
Mon, Aug 25, 2025
CompletedCredit to Demat
Mon, Aug 25, 2025
CompletedListing Date
Tue, Aug 26, 2025
CompletedLatest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 272.14x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 108.11x | Oversubscribed |
| RII (Retail Individual Investors) | 42.55x | Oversubscribed |
| Total Subscription | 95.69x | Oversubscribed |
Last updated: Invalid Date
Financial Information
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- Strong footprint in tier-III cities and suburban areas, capturing underserved markets.
- Offers a wide range of food, FMCG, and household items under multiple in-house brands.
- Presence in over 25 international markets broadens revenue streams.
- Own food processing units enhance supply chain control and product quality.
IPO Details
Patel Retail IPO Details
| ₹10 per share | |
| ₹20.00 | |
| ₹255 per share | |
| 10,02,000 shares of ₹10 (aggregating up to ₹25.55 Cr) | |
| 2,48,82,528 shares | |
| 3,34,00,528 shares | |
| 58 Shares | |
| 85,18,000 shares (aggregating up to ₹217.21 Cr) | |
| 95,20,000 shares (aggregating up to ₹242.76 Cr) | |
| August 26, 2025 | |
| BSE, NSE | |
| IPO Date | August 19, 2025 to August 21, 2025 |
| Issue Type | Bookbuilding IPO |
| Sale Type | Fresh Capital-cum-Offer for Sale |
Patel Retail IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| − Anchor Investor Shares Offered | 17,04,388 (17.90%) | NA |
| − bNII > ₹10L | 15,78,167 (16.58%) | 1,943 |
| − QIB (Ex. Anchor) Shares Offered | 11,36,312 (11.94%) | NA |
| − sNII < ₹10L | 7,89,083 (8.29%) | 971 |
| Employee Shares Offered | 51,000 (0.54%) | NA |
| NII (HNI) Shares Offered | 23,67,250 (24.87%) | NA |
| QIB Shares Offered | 28,40,700 (29.84%) | NA |
| Retail Shares Offered | 42,61,050 (44.76%) | 73,466 |
Patel Retail IPO Timeline (Tentative Schedule)
| Credit of Shares to Demat | Mon, Aug 25, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 21, 2025 |
| Initiation of Refunds | Mon, Aug 25, 2025 |
| IPO Close Date | Thu, Aug 21, 2025 |
| IPO Open Date | Tue, Aug 19, 2025 |
| Tentative Allotment | Fri, Aug 22, 2025 |
| Tentative Listing Date | Tue, Aug 26, 2025 |
Patel Retail IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| B-HNI (Min) | 68 | 3,944 | ₹10,05,720 |
| Retail (Max) | 13 | 754 | ₹1,92,270 |
| Retail (Min) | 1 | 58 | ₹14,790 |
| S-HNI (Max) | 67 | 3,886 | ₹9,90,930 |
| S-HNI (Min) | 14 | 812 | ₹2,07,060 |
Patel Retail IPO Promoter Holding
| Share Holding Post Issue | 70.01% |
| Share Holding Pre Issue | 97.99% |
Patel Retail IPO Listing Details
| ₹255 per share |
| 544487 |
| August 26, 2025 |
| EQ |
| INE0R8B01010 |
| PATELRMART |
| T |
How to Apply for Patel Retail Ltd. IPO
To apply for the Patel Retail Ltd. IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Patel Retail Ltd. IPO
- Enter bid quantity (minimum 58 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before August 21
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹14,790(approx. based on lower price band)
Key Dates
Patel Retail Ltd. IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Patel Retail Ltd. IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.