Patel Retail IPO
IPO Listing Details
- Listing Date
26 Aug 2025
- Listing Price
₹305.00
- Listing Change
19.61%
- Last Traded Price
₹206.95
Patel Retail IPO Details
-
Open Date
19 Aug 2025
-
Close Date
21 Aug 2025
-
Listing Date
26 Aug 2025
- IPO Price Range
₹ 237 to ₹255
- IPO Size
₹ 241.46 Cr
- Listing Exchange
BSE NSE
Patel Retail IPO Timeline
Patel Retail IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 19-Aug-25 | 9.86 | 7.40 | 4.96 | 6.40 |
| 20-Aug-25 | 17.14 | 26.09 | 16.60 | 19.51 |
| 21-Aug-25 | 272.14 | 108.11 | 42.55 | 95.69 |
Last Updated: 21 August 2025 6:47 PM by 5paisa
Patel Retail Limited is set to launch a ₹241.46 crore IPO. Operating mainly in tier-III cities, it runs 43 “Patel’s R Mart” stores in Maharashtra, offering food, FMCG, apparel, and general merchandise. The company markets private labels like Patel Fresh and Indian Chaska, supported by three facilities in Maharashtra and Gujarat, including an agri-processing cluster with storage, production units, and testing labs for efficient retail and backward integration.
Established in: 2008
Managing Director: Mr. Dhanji Raghavji Patel
Peers
| Particulars | Patel Retail Limited | Vishal Mega Mart (Consolidated) | Avenue Supermarts Limited (Consolidated) | Spencers Retail Limited (Consolidated) | Osia Hyper Retail Limited | Aditya Consumer Marketing Limited |
| CMP* (As of August 11, 2025) | [●] | 142.00 | 4,184.50 | 55.78 | 11.75 | 42.46 |
| EPS (Basic in ₹) | 10.30 | 1.40 | 41.61 | -27.33 | 1.46 | -2.62 |
| EPS (Diluted in ₹) | 10.30 | 1.36 | 41.50 | -27.37 | 1.46 | -2.62 |
| PE Ratio | [●] | 104.73 | 102.33 | NA | 8.73 | NA |
| RONW (%) | 19.02% | 9.87% | 12.64% | -37.24% | 4.97% | -18.51% |
| NAV (Per Share) | 54.08 | 13.92 | 329.27 | -73.40 | 23.85 | 14.14 |
| Face Value | 10.00 | 10.00 | 10.00 | 5.00 | 1.00 | 10.00 |
Patel Retail Objectives
1. The company plans to utilise the proceeds for the repayment or prepayment, in full or in part, of certain borrowings it has availed.
2. It will also allocate funds to meet its working capital requirements.
3. Additionally, a portion of the proceeds will be used for general corporate purposes.
Patel Retail IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹241.46 Cr |
| Offer for Sale | ₹25.55 Cr |
| Fresh Issue | ₹215.91 Cr |
Patel Retail IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 58 | 13,746 |
| Retail (Max) | 13 | 754 | 178,698 |
| S-HNI (Min) | 14 | 812 | 192,444 |
| S-HNI (Max) | 67 | 3,886 | 920,982 |
| B-HNI (Min) | 68 | 3,944 | 934,728 |
Patel Retail IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB | 272.14 | 11,37,512 | 30,95,62,472 | 7,893.84 |
| NII (HNI) | 108.11 | 23,68,250 | 25,60,36,824 | 6,528.94 |
| Retail | 42.55 | 42,62,850 | 18,13,69,538 | 4,624.92 |
| Total** | 95.69 | 78,19,612 | 74,82,58,580 | 19,080.59 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars (in Rs. Crores) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 1019.80 | 817.71 | 825.99 |
| EBITDA | 43.24 | 55.84 | 62.43 |
| PAT | 16.38 | 22.53 | 25.28 |
| Particulars (in Rs. Crores)] | FY23 | FY24 | FY25 |
|---|---|---|---|
| Total Assets | 303.12 | 333.02 | 382.86 |
| Share Capital | 3.81 | 24.38 | 24.88 |
| Total Borrowings | 182.81 | 185.75 | 180.54 |
| Particulars (in Rs. Crores | FY23 | FY24 | FY25 |
|---|---|---|---|
| Net Cash Generated From / (used in) operating activities | -5.56 | 24.82 | 27.72 |
| Net Cash Generated From / (used in) investing activities | -4.88 | -11.67 | -10.56 |
| Net Cash Generated From / (used in) financing activities | -0.04 | -12.83 | -8.40 |
| Net Increase (Decrease) In Cash And Cash Equivalents | -10.49 | 0.32 | 8.76 |
Strengths
1. Expertise in product assortment and inventory management via advanced IT systems.
2. Ongoing expansion through unique store acquisition and ownership strategy.
3. In-house logistics fleet with 18 trucks ensuring smooth distribution.
4. Broad product range supported by strategically located manufacturing facilities.
Weaknesses
1. Store concentration in Maharashtra exposes revenue to regional market risks.
2. Low inventory model risks supply gaps and expired products.
3. Reliance on accurate forecasting makes operations vulnerable to demand shifts.
4. Potential compliance delays may hinder store openings and operations.
Opportunities
1. Expansion into untapped tier-II and tier-III city markets.
2. Growing demand for organised retail in semi-urban areas.
3. Scope to enhance e-commerce and omnichannel presence.
4. Leverage manufacturing base to introduce private label products.
Threats
1. Foreign exchange volatility may impact costs despite hedging.
2. Regulatory delays can disrupt operational timelines.
3. Rising competition in retail from national and local players.
4. Economic slowdowns could reduce discretionary consumer spending.
1. Strong foothold in tier-III cities with growth potential in untapped semi-urban markets
2. Integrated retail and manufacturing operations supporting efficiency and private label expansion
3. Improving profitability and cash flow over the last three years
4. Positioned to benefit from India’s rapidly growing organised retail sector and rising consumption.
1. India’s organised retail is set to reach USD 230 billion by 2030, at ~10 % CAGR.
2. Rising disposable incomes driving demand for branded and premium consumer goods.
3. Overall market to surpass US$1.6 trillion by 2030, organised share to exceed US$600 billion.
4. Expanding middle-class population boosting consumption in tier-II and tier-III cities.
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FAQs
Patel Retail IPO opens from August 19, 2025 to August 21, 2025.
The size of Patel Retail IPO is ₹241.46 Cr.
The price band of Patel Retail IPO is fixed at ₹237 to ₹255 per share.
To apply for Patel Retail IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Patel Retail IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of Patel Retail IPO is of 1 lot consisting of 58 shares and the investment required is ₹13,746.
The share allotment date of Patel Retail IPO is August 22, 2025
The Patel Retail IPO will likely be listed on August 26, 2025.
Fedex Securities Pvt Ltd is the book running lead manager for Patel Retail IPO.
Patel Retail plans to utilise the raised capital from the IPO for:
- The company plans to utilise the proceeds for the repayment or prepayment, in full or in part, of certain borrowings it has availed.
- It will also allocate funds to meet its working capital requirements.
- Additionally, a portion of the proceeds will be used for general corporate purposes.
Patel Retail Contact Details
Plot No. M-2, Anand Nagar,
Additional MIDC, Ambernath (East)- 421506,
Ambernath, Maharashtra, India
Ambarnath, Maharashtra, 421506
Phone: +91 7391043825
Email: cs@patelrpl.net
Website: https://patelrpl.in/
Patel Retail IPO Register
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Patel Retail IPO Lead Manager
Fedex Securities Pvt.Ltd.