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Patel Retail Ltd.

Patel Retail Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹255
₹255
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹255
Based on GMP
Min. Investment
₹14,790
1 lot × 58 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
19 Aug 2025
Close Date
21 Aug 2025
Allotment
22 Aug 2025
Listing Date
26 Aug 2025
Exchange
NSE & BSE
Price Band
₹255
Listing Price
See chart
Allotment Status
Price Band
₹255
Per share
Face Value
₹10 per share
 
Lot Size
58 Shares
per lot
Issue Size
95,20,000 shares (aggregating up to ₹242.66 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,790
1 lot
Pre-IPO Holding
2,48,82,528 shares
Promoters
Post-IPO Holding
3,34,00,528 shares
Promoters
P/E (Pre)
25.1x
 
P/E (Post)
33.69x
 
EPS (Pre)
₹10.16
 
EPS (Post)
₹7.57
 
UPI Deadline
2025-08-21
Mandate
Anchor AllotmentMon, 18 Aug 2025
Basis of AllotmentFri, 22 Aug 2025
Refund InitiationMon, 25 Aug 2025
Demat CreditMon, 25 Aug 2025
Listing DayTue, 26 Aug 2025
UPI Mandate Deadline2025-08-21
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares85,18,000 shares (aggregating up to ₹217.12 Cr)
Offer for Sale10,02,000 shares of ₹10 (aggregating up to ₹25.54 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Patel Retail Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 21 Aug 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
9,520,000
100% ₹242.76
IPO Shares Offered
Patel Retail Ltd. IPO total issue size: ₹242.76 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 9,520,000 ₹242.76
100.00%
* Based on upper price band ₹255 per share
Lot Size & Investment
Lot Size
58
Shares per Lot
Issue Price
₹255.00
Upper Band
Min Investment
₹14,790
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2116₹29,580
Retail (Max — 13 Lots)13754₹192,270
S-HNI (Min — 14 Lots)14812₹207,060
B-HNI (Min — 68 Lots)683,944₹1,005,720
* Issue Price ₹255 × Lot Size 58 shares
IPO Schedule
Anchor
18 Aug 2025
✓ Done
IPO Open
19 Aug 2025
✓ Done
IPO Close
21 Aug 2025
✓ Done
Allotment
22 Aug 2025
✓ Done
Refunds
25 Aug 2025
✓ Done
Demat Credit
25 Aug 2025
✓ Done
Listing Day
26 Aug 2025
✓ Done
Patel Retail Ltd. — Live Price LIVE
₹255.00
INR · BSE
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Issue ₹255.00 Live Price
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 StrengthsDeep knowledge and understanding of optimal product assortment and inventory management using IT systemsSteady footprint expansion using a distinct store acquisition strategy and ownership modelLogistics and distribution network with own fleet of 18 trucksDiversified product portfolioStrategically located manufacturing facilities 
Objects of the Issue
1
1 Repayment/prepayment, in full or part, of certain borrowings availed of by the Company.
2
2 Funding of working capital requirements of the Company.
3
3 General corporate purposes.
Patel Retail Ltd. Financials (Amount in Crore)
Revenue from Operations
₹1,019.8
31 Mar 2023
₹817.7
31 Mar 2024
₹826.0
31 Mar 2025
Profit After Tax (PAT)
₹16.4
31 Mar 2023
₹22.5
31 Mar 2024
₹25.3
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 825.99 817.71 1019.80
EBITDA 62.43 55.84 43.24
Profit After Tax (PAT) 25.28 22.53 16.38
Net Worth 134.57 94.40 71.87
Total Assets 382.86 333.02 303.12
Reserves & Surplus N/A N/A N/A
Borrowings 180.54 185.75 182.81
EBITDA Margin (%) 7.61%
PAT Margin (%) 3.08%
P/BV Ratio
4.72
RoE
19.02%
RoCE
14.43%
RoNW
19.02%
PAT Margin
3.08%
EBITDA Margin
7.61%
Debt/Equity
1.34
Issue Structure & Shareholding
Total Shares Offered95,20,000 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding2,48,82,528 shares
Post-Issue Promoter Holding3,34,00,528 shares
P/BV Ratio4.72
RoE19.02%
RoCE14.43%
Debt / Equity1.34
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Fedex Securities Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Patel Retail Ltd. IPO subscribed?

Patel Retail Ltd. IPO is subscribed 1.00 times by Aug 21, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Patel Retail Ltd. IPO retail subscription status?

The Patel Retail Ltd. IPO retail category is subscribed 1.00 times as of 21 Aug 2025. The retail portion is oversubscribed.

How to subscribe Patel Retail Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 19 Aug 2025 and closes 21 Aug 2025. Min investment: ₹14,790 (1 lot = 58 shares). UPI mandate: 2025-08-21.

How many times Patel Retail Ltd. IPO subscribed?

The Patel Retail Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Patel Retail Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 22 Aug 2025. Refunds: on 25 Aug 2025.

When Patel Retail Ltd. IPO will be listed?

The Patel Retail Ltd. IPO listing date is 26 Aug 2025, Tuesday. Listed on: NSE & BSE. Issue price: ₹255. Estimated listing: ₹255. GMP: NIL.

When Patel Retail Ltd. IPO close?

The Patel Retail Ltd. IPO closes on 21 Aug 2025, Thursday. UPI mandate: 2025-08-21. Allotment: 22 Aug 2025. Listing: 26 Aug 2025.