Patel Retail Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹237- ₹255
- Lot size
- 58 shares
- Issue amount
- ₹242.76 cr
- Total subscription
- 95.66×
- Opens
- 19 Aug 2025
- Closes
- 21 Aug 2025
- Allotment
- 22 Aug 2025
- Listing
- 26 Aug 2025
Offer at a glance
Issue overview
- Issue size
- 95,20,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹13,746
- Fresh issue
- ₹217.21 cr
- Offer for sale
- ₹25.55 cr
- Registrar
- Bigshare Services Pvt Ltd
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,790
- Issue type
- Bookbuilding IPO
- Shares before issue
- 2,48,82,528
- Shares after issue
- 3,34,00,528
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 58 | ₹14,790 |
| sHNI | 14 | 812 | ₹2,07,060 |
| bHNI | 68 | 3,944 | ₹10,05,720 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| HNIs(10L +) | 1,945 | 24,183 |
| HNIs (2-10L) | 972 | 76,559 |
| RETAIL | 73,497 | 19,09,627 |
| Employee | 0 | 11,848 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 29.01 | 7,893.84 |
| RETAIL | 108.7 | 4,616.93 |
| HNIs 2+ | 20.12 | 2,419.02 |
| HNIs 10+ | 40.27 | 4,110.95 |
| EMPLOYEES | 1.3 | 32.99 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 10.3 | 9.24 | 6.72 |
| ROE | 19.02 | 24.24 | 23.66 |
| ROCE | 14.43 | 15.1 | 12.66 |
| RONW | 19.02 | 24.24 | 23.66 |
| PRE IPO(PE) | 25.1 | 0 | 0 |
| POST IPO(PE) | 33.69 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Patel Retail Limited operates three main facilities that handle different parts of its retail and private label business. The Ambernath unit in Maharashtra manages processing, quality checks, and packaging for products like pulses, ready mixes, and groceries. In Dudhai, Kutch, Gujarat, one facility processes agricultural items such as peanuts, coriander, and cumin, supporting the company’s backward integration strategy, while another large agri-processing cluster covers nearly 16 acres and includes multiple production units, fruit pulp processing, warehouses, cold storage, and a testing lab. Together, these are called the manufacturing facilities, with the two in Kutch known as the Kutch facilities. The company’s stores act as neighbourhood supermarkets for both daily and bulk shopping, and it also earns rental income from vendors operating inside its outlets. As of May 31, 2025, it offers 38 product categories with 10,000 SKUs, selling across several states, mainly in Maharashtra and Gujarat.
Strengths
- Expert Inventory Management: Strong product assortment and stock control using IT systems
- Planned Expansion: Steady growth through unique store acquisition strategy and ownership model
- Efficient Logistics: Own fleet of 18 trucks for smooth distribution
- Wide Product Range: Diverse portfolio catering to varied needs
- Prime Locations: Manufacturing facilities positioned for strategic advantage
Risk factors
- Intense Market Competition: Strong rivalry from both local and national retailers may put pressure on sales and profitability.
- Logistics Dependency Risks: Reliance on an in-house logistics fleet can lead to potential operational delays.
- Agri-Input Price Fluctuations: Variations in agri-input prices may reduce processing margins.
Promoters
Dhanji Raghavji Patel
Bechar Raghavji Patel
Hiren Bechar Patel
Rahul Dhanji Patel
Registrar & documents
Lead manager
Fedex Securities Private Limited
Registrar & contacts
Bigshare Services Pvt Ltd
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. M-2, Anand Nagar, Additional MIDC, Ambernath (East)- 421506, Ambernath, Maharashtra, India Ambarnath, Maharashtra, 421506
+91 7391043825
[email protected]Company website ↗Understanding PATELRMART IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.