Patel Retail Limited IPO

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. It 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.

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Price Band

₹237 - ₹255

Dates

19 Aug - 21 Aug

GMP

₹50 (19.61%)

Subscriptions

95.70 times

Issue Size

₹242.66 Crs

Patel Retail IPO Key Dates
Opening Date

19 Aug 25

Closing Date

21 Aug 25

Basis Of Allotment

22 Aug 25

Initiations Of Refund

25 Aug 25

Credit Of Shares

25 Aug 28

Listing Date

26 Aug 25

Patel Retail IPO Objects

  1. Repayment/prepayment, in full or part, of certain borrowings availed of by our Company
  2. Funding of working capital requirements of the Company
  3. General corporate purposes.

Patel Retail IPO Details
Price Band

₹237 - ₹255

Listing At

NSE & BSE

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹217.11 Cr (0.85 Cr Shares)

Offer For Sale

₹25.55 Cr (0.10 Cr Shares)

Total Issue

₹242.66 Cr (0.95 Cr Shares)

Face Value

₹10 per equity share

Patel Retail IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 58 14,790
Maximum 13 754 1,92,270
Small HNI
Minimum 14 812 2,07,060
Maximum 67 3,886 9,90,930
Big HNI
Minimum 68 3,944 10,05,720
Patel Retail IPO Subscription

Updated as on 21-Aug-2025 19:00:00

Investor Category Subscription (times) Shares Offered Shared Bid
QIB 272.43 11,36,312 30,95,62,472
NII 108.17 23,67,250 25,60,77,192
bNII (bids above ₹10L) 102.15 15,78,167 16,12,13,552
sNII (bids between ₹2L to ₹10L) 120.22 7,89,083 9,48,63,640
Retail 42.49 42,61,050 18,10,56,048
Employee 25.37 51,000 12,93,748
Total 95.70 78,15,612 74,79,89,460
Patel Retail IPO GMP

The estimated Grey Market Premium of Patel Retail IPO is ₹50 per share (19.61%)

Disclaimer: The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.

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 51,000 EQ Shares
Patel Retail IPO Financials

(Rs. in crores)

Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 8,206.93 8,141.88 10,185.48
Profit after Tax 252.78 225.33 163.80
Net Worth 1,345.74 944.03 718.69
Total Borrowing 1,805.37 1,857.50 1,828.14
Total Assets 3,828.64 3,330.17 3,031.20
NAV per share (in ₹) 54.08 38.72 29.48
EPS - Basic (in ₹) 10.30 9.24 6.72

The financial information presented is on a consolidated basis.

Key Performance Indicators
KPI Values
EBITDA 7.61%
PAT 3.08%
ROE 19.02%
ROCE 14.43%
Debt to Equity 1.34
PE Ratio 24.76
PB Ratio 4.72
Mkt Cap (in Crs.) 851.71

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band.

Patel Retail IPO Peer Comparision

(Rs. in crores)

Particulars Patel Retail Vishal Mart Avenue Super Spencers Retail Osia Hyper Aditya Consumer Sheetal Universal Kovilpatti KN Agri Madhusudhan Masala
Revenue from Ops (in Crs.) 8,206.93 75,860.40 4,28,395.60 24,525.82 7,388.17 968.64 1,288.12 3,321.35 22,361.50 1,272.16
PAT (In Crs.) 252.78 3,212.73 23,783.40 -2,103.97 95.01 12.23 20.60 102.98 293.70 57.55
EPS - Basic 10.30 1.40 41.61 -27.33 1.46 -2.62 8.12 1.27 14.76 10.93
NAV per share 54.08 13.92 329.27 -73.40 23.85 14.14 38.27 73.92 140.60 64.73
RONW 19.02% 9.87% 12.64% -37.24% 4.97% -18.51% 21.44% 1.72% 10.50% 16.04%
EBITDA 7.61% 13.45% 8.49% 0.15% 5.27% 3.89% 1.16% 5.68% 2.31% 8.95%
PAT Margin 3.08% 4.24% 5.55% -8.58% 1.29% 1.26% 1.60% 3.10% 1.31% 4.52%
Price to earning (PE) 24.76 104.73 102.33 NA 8.73 NA 15.58 101.61 17.01 12.92

All information pertains to FY 2024-25.The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of August 05, 2025 for Peers

Patel Retail IPO Peer Comparision

(Rs. in crores)

Particulars Patel Retail
Revenue from Ops (in Crs.) 8,206.93
PAT (In Crs.) 252.78
EPS - Basic 10.30
NAV per share 54.08
RONW 19.02%
EBITDA 7.61%
PAT Margin 3.08%
Price to earning (PE) 24.76
Vishal Mart Avenue Super Spencers Retail Osia Hyper Aditya Consumer Sheetal Universal Kovilpatti KN Agri Madhusudhan Masala
75,860.40 4,28,395.60 24,525.82 7,388.17 968.64 1,288.12 3,321.35 22,361.50 1,272.16
3,212.73 23,783.40 -2,103.97 95.01 12.23 20.60 102.98 293.70 57.55
1.40 41.61 -27.33 1.46 -2.62 8.12 1.27 14.76 10.93
13.92 329.27 -73.40 23.85 14.14 38.27 73.92 140.60 64.73
9.87% 12.64% -37.24% 4.97% -18.51% 21.44% 1.72% 10.50% 16.04%
13.45% 8.49% 0.15% 5.27% 3.89% 1.16% 5.68% 2.31% 8.95%
4.24% 5.55% -8.58% 1.29% 1.26% 1.60% 3.10% 1.31% 4.52%
104.73 102.33 NA 8.73 NA 15.58 101.61 17.01 12.92

All information pertains to FY 2024-25.The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of August 05, 2025 for Peers

Promoter Details
Name Shareholding
Dhanji Patel 65.45%
Bechar Patel 18.78%
Others 13.76%
Total 97.99%
Management Details
Name Designation
Dhanji Patel Chairman & MD
Rahul Patel CEO
Manish Agarwal CFO
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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Frequently 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. ₹242.66 Crs. Patel Retail IPO is priced at ₹237 - ₹255 per share. The issue opens on 19 Aug 25 and closes on 21 Aug 25.

Patel Retail IPO opens on 19 Aug 25 and closes on 21 Aug 25.

The estimated Grey Market Premium of Patel Retail IPO is ₹50 per share (19.61%).

The minimum lot size of Patel Retail IPO is 58 shares & the minimum application amount is Rs. 14790.

The allotment date of Patel Retail IPO is 22 Aug 25.

The listing date of Patel Retail IPO is 26 Aug 25.

Patel Retail IPO is subscribed 95.70 times.

Patel Retail IPO is priced at ₹237 - ₹255 per share.

Click the allotment link on Patel Retail IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Patel Retail IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date