Patel Retail IPO
Patel Retail IPO
Overview
Patel Retail IPO is a book build issue of ₹242.76 crores. The issue is a combination of fresh issue of 0.85 crore shares aggregating to ₹217.21 crores and offer for sale of 0.10 crore shares aggregating to ₹25.55 crores. Patel Retail IPO bidding opened for subscription on Aug 19, 2025 and will close on Aug 21, 2025. The allotment for the Patel Retail IPO is expected to be finalized on Aug 22, 2025. Patel Retail IPO will list on BSE, NSE with a tentative listing date fixed as Aug 26, 2025. Patel Retail IPO price band is set at ₹237.00 to ₹255.00 per share . The lot size for an application is 58. The minimum amount of investment required by an retail is ₹13,746 (58 shares). The lot size investment for sNII is 14 lots (812 shares), amounting to ₹2,07,060, and for bNII, it is 68 lots (3,944 shares), amounting to ₹10,05,720. The issue includes a reservation of up to 51,000 shares for employees offered at a discount of ₹20.00 to the issue price. Fedex Securities Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue.
Total Shares
95,20,000
Issue Size
₹242.76 Cr
Price Band
₹255 – ₹255
Lot Size
58 shares
Min. Investment
₹14,790
Max. Investment
₹1,92,270
Open Date
19 Aug, 2025
Close Date
21 Aug, 2025
Allotment
22 Aug, 2025
Listing
26 Aug, 2025
Max. Investment
₹1,92,270
Announced
19 Aug, 2025
Opening Date
19 Aug, 2025
Closing Date
21 Aug, 2025
Basis of Allotment
22 Aug, 2025
Initiation of Refunds
25 Aug, 2025
Credit of Shares
25 Aug, 2025
Listing Date
26 Aug, 2025
Live GMP
Est. Listing: ₹305
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About Patel Retail IPO
Incorporated in 2008, Patel Retail Limited is a retail supermarket chain that operates primarily in tier-III cities and nearby suburban areas. The stores offer a wide range of products, including food, non-food (FMCG), general merchandise, and apparel.
The company opened its first store under the brand name “Patel’s R Mart” in Ambernath, Maharashtra. As of May 31, 2025, the company operated 43 stores across suburban areas of Thane and Raigad districts in Maharashtra, with a total retail
Patel Retail IPO Share Price
Issue Breakdown
Shareholding
Dilution: 34.2% increase in shares
Patel Retail IPO Promoters Holding
Patel Retail IPO Financial Health
Patel Retail Ltd.'s revenue increased by 1% and profit after tax (PAT) rose by 12% between the financial year ending with March 31, 2025 and March 31, 2024.
Patel Retail IPO Lot Size
Investors can bid for a minimum of 58 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 58 | ₹14,790 |
| Retail (Max) | 13 | 754 | ₹1,92,270 |
| S-HNI (Min) | 14 | 812 | ₹2,07,060 |
| S-HNI (Max) | 67 | 3886 | ₹9,90,930 |
| B-HNI (Min) | 68 | 3944 | ₹10,05,720 |
(All values in CR)
Patel Retail IPO Valuations
The market capitalization of Patel Retail IPO is ₹851.71 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 19.02 |
| ROCE | 14.43 |
| Debt/Equity | 1.34 |
| RoNW | 19.02 |
| PAT Margin | 3.08 |
| EBITDA Margin | 7.61 |
| Price to Book Value | 4.72 |
(All values in CR)
Patel Retail IPO Strength & Risk
Patel Retail IPO Strength:
Strong local presence as a value-for-money supermarket chain in Thane & Raigad.
Expanded from a single store to a large regional network over the years.
Offers a wide range of product categories and SKUs, including multiple private labels.
Operates its own distribution center and logistics network with IT-enabled inventory systems.
Backward integration into processing, packaging, exports, and bulk trading of staples.
Consistent revenue growth with steadily rising profitability.
Improved operating margins and return ratios over time.
Reduced debt levels, leading to a healthier balance sheet.
Patel Retail IPO Risk:
Geographic concentration in only two districts increases regional disruption risk.
Complex inventory management could affect sales and profitability.
Dependence on regulatory approvals and license transfers for business continuity.
Reliance on contract labor introduces potential compliance and liability risks.
Exposure to foreign exchange fluctuations from export operations.
Competition from e-commerce platforms and larger retail chains.
Patel Retail IPO Subscriptions Status
Patel Retail IPO subscribed 94.81 times. The public issue subscribed 41.10 times in the retail category, 272.14 times in QIB (Ex Anchor), and 107.83 times in the NII category by August 21, 2025 4:04:36 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 17,04,388 | 17,04,388 | 43.46 |
| QIB (Ex Anchor) | 16.96 | 11,37,512 | 30,95,58,528 | 7 |
| Non-Institutional Buyers | 21.19 | 23,68,250 | 25,53,66,344 | 6 |
| bNII (bids above ₹10L) | 17.90 | 15,79,149 | 16,12,05,664 | 4 |
| sNII (bids below ₹10L) | 27.78 | 7,89,101 | 9,41,60,680 | 2 |
| Retail | 14.45 | 42,62,850 | 17,51,93,002 | 4 |
| Employees | 7.96 | 51,000 | 12,42,998 | 31.7 |
| Total | 16.81 | 78,19,612 | 74,13,60,872 | 18 |
Patel Retail IPO GMP
Patel Retail IPO last GMP is ₹50, last updated Aug 21st 2025 03:01 PM. With the price band of 255.00, Patel Retail IPO's estimated listing price is ₹305 (cap price + today's GMP).The expected percentage gain/loss per share is 19.61%. >> Patel Retail IPO Retail Subject to Sauda: ₹2200 >> Patel Retail IPO Small HNI Subject to Sauda: ₹30800 The lowest GMP is ₹0.00, while the highest GMP is ₹50.00.
Last updated 21 Aug, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 21 Aug, 2025 | 255 | ₹50 | 2200/30800 | ₹305 (19.61%) | 2900 | 21 Aug, 2025 |
| 20 Aug, 2025 | 255 | ₹50▲ | 2200/30800 | ₹305 (19.61%) | 2900 | 20 Aug, 2025 |
| 19 Aug, 2025 | 255 | ₹49▲ | 2200/30800 | ₹304 (19.22%) | 2842 | 19 Aug, 2025 |
| 18 Aug, 2025 | 255 | ₹45▲ | 2000/28000 | ₹300 (17.65%) | 2610 | 18 Aug, 2025 |
| 17 Aug, 2025 | 255 | ₹35 | 1500/21000 | ₹290 (13.73%) | 2030 | 17 Aug, 2025 |
| 16 Aug, 2025 | 255 | ₹35 | 1500/21000 | ₹290 (13.73%) | 2030 | 16 Aug, 2025 |
| 15 Aug, 2025 | 0 | ₹35▲ | 1500/21000 | ₹290 (13.73%) | 2030 | 15 Aug, 2025 |
| 14 Aug, 2025 | 255 | ₹34 | 1500/21000 | ₹289 (13.33%) | 1972 | 14 Aug, 2025 |
| 13 Aug, 2025 | 255 | ₹34▲ | 1500/21000 | ₹289 (13.33%) | 1972 | 13 Aug, 2025 |
| 12 Aug, 2025 | 255 | ₹30▲ | 1300/18200 | ₹285 (11.76%) | 1740 | 12 Aug, 2025 |
| 11 Aug, 2025 | 255 | ₹26▲ | 1100/15400 | ₹281 (10.20%) | 1508 | 11 Aug, 2025 |
| 10 Aug, 2025 | 0 | ₹0 | - | - | - | 10 Aug, 2025 |
| 09 Aug, 2025 | 0 | ₹0 | - | - | - | 09 Aug, 2025 |
| 08 Aug, 2025 | 0 | ₹0 | - | - | - | 08 Aug, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Patel Retail IPO
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Go to IPO Section
Find Patel Retail IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
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Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.