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Patel Retail Ltd. IPO
IPO Timeline
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19 Aug 2025Bidding Starts
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21 Aug 2025Bidding Ends
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22 Aug 2025Allotment Finalization
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26 Aug 2025Listing
About Patel Retail Ltd.
We are primarily engaged as a retail supermarket chain operating in the state of Maharashtra, in the MMR region in the districts of Thane and Raigad viz. Ambernath, Badlapur, Bhiwandi, Diva, Dombivli, Kalyan, Khopoli, Murbad, Neral, Padgha, Shahapur, Shahad, Titwala, Ulhasnagar, Vasind and Vangani, with focus on “value retail”, offering food, non-food (FMCG), general merchandise and apparel catering to the needs of the entire family. We launched our private label goods under our brands Patel Fresh and Patel Essentials, in the year 2010, Blue Nation in the year 2014 and Indian Chaska in the year 2018. Further, we started our processing activity in our Facility 2 and Agri-cluster in Kutch, Gujarat in the year 2016 and 2022 respectively.
Patel Retail Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 17,04,420 (17.9%) |
| Employee Reserved | 51,000 (0.54%) |
| Non Institutional Investors | 23,67,250 (24.87%) |
| Qualified Institutional Buyers (QIBs) | 11,36,280 (11.94%) |
| Retail Individual Investors (RIIs) | 42,61,050 (44.76%) |
Patel Retail Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2025 | 825.99 Cr | 25.28 Cr | 109.69 Cr |
| 31 Mar 2024 | 817.71 Cr | 22.53 Cr | 70.02 Cr |
| 31 Mar 2023 | 1,019.80 Cr | 16.38 Cr | 68.06 Cr |
Patel Retail Ltd. Background
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2007Opened our 1st retail store at Ambernath, Maharashtra
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2009(i) Commencement of export business;
(ii) Opened our 1st garments outlet/ store under the name ‘Patel R Choice’
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2013Set-up our Processing and Packaging Unit (Facility 1) at our Registered Office
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2015Commenced production in Facility 2 in Dudhai, Kutch, Gujarat
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2018Received approval from Ministry of Food Processing Industries (“MOFPI”) for establishing an agro processing cluster in Dudhai, Kutch, Gujarat under the ‘Scheme for Creation of Infrastructure for Agro Processing Clusters of MOFPI, Government of India’ and grant-in-aid of ?436.00 Lakhs
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2019Development of our Agri-cluster (Facility 3) at Dudhai, Kutch, Gujarat:
(i) Received MOFPI approval for grant-in-aid of ?152.25 Lakhs for setting up of Unit I for manufacturing of whole spices and oilseeds;
(ii) Received MOFPI approval for grant-in-aid of ?243.62 Lakhs for setting up of Unit II for manufacturing of pulverised and blended spices;
(iii) Received MOFPI approval for grant-in-aid of ?132.71 Lakhs for setting up of Unit III for manufacturing of chakki, atta, suji and atta roller;
(iv) Received MOFPI approval for grant-in-aid of ?204.92 Lakhs for setting up of Unit IV for processing of peanut and blanching;
(v) Received MOFPI approval for grant-in-aid of ?121.80 Lakhs for setting up of Unit V* for processing of sesame seed
(Note: Unit I, Unit II, Unit III, Unit IV and Unit V are collectively referred to as “Facility 3”)
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2022Commencement of production at Unit I, Unit II, Unit III and Unit IV
(i) Earned revenue exceeding ?1,00,000 Lakhs;
(ii) Exports to twenty-five (25) countries;
(iii) **Transfer of Patel R Choice, fashion garments outlet
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2025(i) The store count of our Company increased to forty-two (42) stores till Fiscal
(ii) Launched Indian Chashka brand of blended spices in consumer packs.
1. Repayment/prepayment, in full or part, of certain borrowings availed of by our Company
2. Funding working capital requirements of our Company
3. General Corporate Purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 255.00 | ₹ 255.00 |
| Open | ₹ 305.00 | ₹ 300.00 |
| Low | ₹ 289.75 | ₹ 285.55 |
| High | ₹ 305.00 | ₹ 305.00 |
| Last Trade | ₹ 289.75 | ₹ 287.70 |
1. Dhanji Raghavji Patel
2. Bechar Raghavji Patel
3. Hiren Bechar Patel
4. Rahul Dhanji Patel
The Indian retail sector is experiencing a significant transformation owing to a range of shifting socio-economic factors, increasing digital and new age technology influence along with a rapidly transforming consumer landscape. Over the year, India has evolved as a thriving consumer-driven ... Read more
FAQs
When does Patel Retail Ltd. IPO opens and closes?
Patel Retail Ltd. IPO opens from 19th August to 21st August 2025.What is the size of Patel Retail Ltd. IPO?
The size of the Patel Retail Ltd. IPO is ₹242.76 Cr.What is the price range of Patel Retail Ltd. IPO?
The price range of Patel Retail Ltd. IPO is at ₹237 to ₹255 per share.What is the minimum investment and lot size required for the Patel Retail Ltd. IPO?
The minimum investment required is ₹14,790 and minimum lot size is 58 shares.When is Patel Retail Ltd. IPO listing date?
The Patel Retail Ltd. IPO will be listed on 26th August 2025.What is the objective of Patel Retail Ltd. IPO?
1. Repayment/prepayment, in full or part, of certain borrowings availed of by our Company2. Funding working capital requirements of our Company
3. General Corporate Purposes
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
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