Patel Retail Limited IPO
The company operating under the brand “Patel’s R Mart,” is a value-focused retail supermarket chain serving Tier-III cities and suburban areas. Since its inception in 2008, the company has grown to offer over 10,000 SKUs across 38 product categories, including food, FMCG, general merchandise, and apparel. To enhance margins and brand recognition, the company has developed private label products such as “Patel Fresh” (pulses, ready-to-cook items), “Indian Chaska” (spices, ghee, papad), “Blue Nation” (men’s wear), and “Patel Essentials” (home improvement). These are processed in-house or sourced from third-party vendors. The company also exports staples, spices, and groceries under its own and client brands to over 40 countries, and trades in a wide range of domestic and international food and non-food products, including bulk agricultural commodities.
Price Band₹ |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹0.00 Crs |
Patel Retail IPO Objects
- Repayment/prepayment, in full or part, of certain borrowings availed of by our Company
- Funding of working capital requirements of the Company
- General corporate purposes.
Patel Retail IPO Details
Price Band₹ |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue(0.90 Cr Shares) |
Offer For Sale(0.10 Cr Shares) |
Total Issue(1.00 Cr Shares) |
Face Value₹10 per equity share |
Patel Retail IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
1
1
Maximum
2,00,000
2,00,000
2,00,000
|
|||
| Small HNI |
Minimum
2,00,000
2,00,000
2,00,000
Maximum
10,00,000
10,00,000
10,00,000
|
|||
| Big HNI |
Minimum
10,00,000
10,00,000
10,00,000
|
|||
Patel Retail IPO GMP
The estimated Grey Market Premium of Patel Retail IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | B1 |
| Shareholder | B2 |
Patel Retail IPO Financials
| Particulars | Sep-23 | Mar-23 | Mar-22 | Mar-21 |
|---|---|---|---|---|
| Revenue from Operations | 4,459.82 | 10,185.48 | 7,661.59 | 8,233.75 |
| Profit after Tax | 97.78 | 163.80 | 113.70 | 114.97 |
| Net Worth | 816.53 | 718.69 | 558.42 | 445.00 |
| Total Borrowing | 1,633.94 | 1,828.14 | 1,709.05 | 1,763.70 |
| Total Assets | 1,997.77 | 2,199.45 | 1,898.25 | 1,785.75 |
| NAV per share (in ₹) | 33.49 | 29.48 | 22.90 | 20.49 |
| EPS - Basic (in ₹) | 25.67 | 42.99 | 29.85 | 33.88 |
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 4.25% |
| PAT | 1.61% |
| ROE | 23.66% |
| ROCE | 12.66% |
| Net Debt to Equity | 2.54 |
All the data pertains to FY 2022-23. PE, PB, and market capitalization are calculated based on the Upper Price Band.
Patel Retail IPO Peer Comparision
Patel Retail IPO Peer Comparision
Promoter Details
| Name | Shareholding |
|---|---|
| Dhanji Raghavji Patel | 66.80% |
| Bechar Raghavji Patel | 19.16% |
| Others | 14.04% |
| Total | 100% |
Management Details
| Name | Designation |
|---|---|
| Dhanji Raghavji Patel | Chairman & MD |
| Manish Rambabu Agarwal | CFO |
| Rahul Dhanji Patel | CEO |
Company Details
Name: Patel Retail Limited
Address: Plot No. M-2, Anand Nagar, Additional MIDC, Ambernath (East)- 421506, Ambernath, Maharashtra, India
Number: 7391043825
Email: cs@patelrpl.net
Website: www.patelrpl.in
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Patel Retail IPO is a Mainboard IPO having an issue size of Rs. ₹0.00 Crs. Patel Retail IPO is priced at ₹ - ₹ per share. The issue opens on 12 Jul 25 and closes on 12 Jul 25.
Patel Retail IPO opens on 12 Jul 25 and closes on 12 Jul 25.
The estimated Grey Market Premium of Patel Retail IPO is ₹0 per share (-).
The minimum lot size of Patel Retail IPO is shares & the minimum application amount is Rs. 0.
The allotment date of Patel Retail IPO is 12 Jul 25.
The listing date of Patel Retail IPO is 12 Jul 25.
Patel Retail IPO is subscribed -.
Patel Retail IPO is priced at ₹ - ₹ per share.
Click the allotment link on Patel Retail IPO page of IPO360.
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- Enter Qty and Price
- Submit the application
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- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Patel Retail IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date
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