The Patel Retail IPO began on August 19, 2025. It will close on August 21,2025. The Total IPO Size is 242.76 Crores. The company set its IPO price at 237-255 Rs Per Share.
There are three basic categories in Patel Retail IPO Subscription: 1) Qualified Institutional Buyers, 2) Non-Institutional Investors 3) Retail.
Patel Retail is engaged as a retail supermarket chain operating in tier-III cities and nearby suburban areas.
The objective to increase margin and to promote our brand “Patel’s R Mart”, we launched our private label goods comprising of Pulses (“Patel Fresh”) and spices (“Indian Chaska”), which we buy in bulk quantities and package and brand after our quality checks and inspections at our processing and packing facility at Ambernath, Maharashtra (“Facility 1”), and mens wear (“Blue Nation”), home improving products (“Patel Essentials”), ready-to-cook / instant mix (“Patel Fresh”), ghee and papad (“Indian Chaska”) which we buy from third party vendors under their brands. Since incorporation in Fiscal 2008, we have increased thier store offerings and as on December 31, 2023.
They offer around 38 product categories with over 10,000 product SKUs in their stores.
They operate and manage thirty-one (31) stores, with a Retail Business Area28 of approx. 1,26,000 sq.fts.
Patel Retail IPO Promoters
Dhanji Raghavji Patel, Bechar Raghavji Patel, Hiren Bechar Patel and Rahul Dhanji Patel and BFL Private Limited are the promoters of the company.
Patel Retail IPO Date, Details & Price Band
The Patel Retail IPO Price Band, IPO Dates, Market lot and other details are mentioned in the table below.
IPO Opening Dates | 19-August-2025 |
IPO Closing Dates | 21-August-2025 |
Price | 237-255 Rs |
Fresh Issue | 215.91 Crores |
Offer for Sale | 25.55 Crores |
Total IPO size | 242.76 Crores |
Face Value | 10 INR Per Share |
Issue Type | Book Building |
QIB Allocation | 30% |
HNI Allocation | 25% |
Retail Allocation | 45% |
Listing On | NSE, BSE |
Patel Retail IPO Market Lot
The Patel Retail IPO minimum market lot is 58 shares with a 14,790 ₹ Amount per application.
Lot | No of Shares | Amount | |
Retail Minimum | 1 | 58 | 14,790 ₹ |
Retail Maximum | 13 | 754 | 1,92,270 ₹ |
S-HNI Minimum | 14 | 812 | 2,07,060 ₹ |
S-HNI Maximum | 67 | 3,886 | 9,90,930 ₹ |
B-HNI Minimum | 68 | 3,944 | 10,05,720 ₹ |
Restated Consolidated Financial Information (Amt. in Crore)
Total Assets | Total Revenue | Profit After Tax | |
31-Mar-25 | 382.86 | 825.99 | 25.28 |
31-Mar-24 | 333.02 | 817.71 | 22.53 |
31-Mar-23 | 303.12 | 1,019.80 | 16.38 |
Patel Retail IPO GMP & Grey Market Premium
Patel Retail IPO GMP Grey market premium has started today. Check the Latest Patel Retail IPO GMP, Kostak Rates, and Subject to Sauda Price here.
Patel Retail IPO Prospectus
Patel Retail IPO Prospectus is Available on the NSE/BSE and SEBI website as well as on our Portal. Please click here to download the Patel Retail IPO Prospectus.
DRHP | Download |
RHP | Download |
Anchor Investor List | Download |
Patel Retail IPO Allotment Date & Details
Allotment Date | 22-August-2025 |
Initiation of refunds | 25-August-2025 |
Transfer of shares to Demat accounts | 25-August-2025 |
Listing Date | 26-August-2025 |
Check Allotment Status | Click here |
Registrar of Patel Retail
Bigshare Services Private Limited
Address: Office No S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves
Road, Andheri (East), Mumbai- 400093, Maharashtra, India
Telephone: 022-62638200
Email: [email protected]
Investor Grievance email: [email protected]
Contact person: Babu Rapheal
Website: www.bigshareonline.com
SEBI Registration No.: INR000001385
Patel Retail Contact Details
Patel Retail Ltd.
Plot No. M-2, Anand Nagar,
Additional MIDC, Ambernath (East)- 421506,
Ambernath, Maharashtra, India
Ambarnath, Maharashtra, 421506
Phone: +91 7391043825
Email: [email protected]
Website: https://patelrpl.in/
Patel Retail IPO Lead Managers
Fedex Securities Private Limited
Address: B7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle (East), Mumbai- 400057, Maharashtra, India
Telephone: +91 8104985249;
Email: [email protected]
Contact person: Saipan Sanghvi
Website: www.fedsec.in
SEBI Registration No.: INM000010163