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
Opens
Aug 19
Closes
Aug 21
Allotment
Aug 22
Refunds
Aug 25
Shares Credit
Aug 25
Listing
Aug 26
Opens
Aug 19
Closes
Aug 21
Allotment
Aug 22
Refunds
Aug 25
Shares Credit
Aug 25
Listing
Aug 26
Latest 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: Aug 21, 2025, 05:06 PM
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 62.43 | ₹55.84 Cr | ₹43.24 Cr | - |
| Assets | ₹382.86 Cr | ₹333.02 Cr | ₹303.12 Cr |
| Net Worth | ₹134.57 Cr | ₹94.4 Cr | ₹71.87 Cr |
| Profit After Tax | ₹25.28 Cr | ₹22.53 Cr | ₹16.38 Cr |
| Total Borrowing | ₹180.54 Cr | ₹185.75 Cr | ₹182.81 Cr |
| Total Income | ₹825.99 Cr | ₹817.71 Cr | ₹1,019.8 Cr |
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
Share Reservation Distribution
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 |
Key Dates
