Patel Retail IPO GMP, Price, Date, Allotment

Patel Retail Business Model Analysis	Patel Retail Vs. Peers
Patel Retail IPO Review	Patel Retail IPO Subscription

Patel Retail IPO Description – Incorporated in 2008, Patel Retail operates as a retail supermarket chain primarily serving tier-III cities and nearby suburban areas, with a focus on “value retail.” The company offers a wide range of products, including food, non-food (FMCG), general merchandise, and apparel, catering to the needs of the entire family. Patel Retail launched its first store under the brand “Patel’s R Mart” in Ambernath, Maharashtra, and has since expanded its operations across the suburban areas of Thane and the Raigad district in Maharashtra.

The company has launched its private label products, including pulses under the brand “Patel Fresh,” spices under “Indian Chaska,” and men’s wear under “Blue Nation.” It also offers home improvement products under “Patel Essentials,” ready-to-cook/instant mixes under “Patel Fresh,” as well as ghee and papad under the “Indian Chaska” brand. These products are sourced from third-party vendors and sold under the company’s brands.

As of 31 May 2025, Patel Retail operates and manages 43 stores with a retail business area of approximately 178,946 square feet. The company offers around 38 product categories with over 10,000 product SKUs available in its stores.

Promoters of Patel Retail – Dhanji Raghavji Patel and Bechar Raghavji Patel

Patel Retail IPO Details

Patel Retail IPO Dates	19 – 21 August 2025
Patel Retail Issue Price	INR 237 – 255 per share Employee discount – INR 20 per share
Fresh issue	85,18,000 shares (INR 201.88 – 217.21 crore)
Offer For Sale	10,02,000 shares (INR 23.75 – 25.55 crore)
Total IPO size	95,20,000 shares (INR 225.62 – 242.76 crore)
Minimum bid (lot size)	58 shares (INR 14,790)
Face Value	INR 10 per share
Retail Allocation	35%
Listing On	BSE, NSE

Patel Retail Financial Performance

	FY 2023	FY 2024	FY 2025
Revenue	1,018.55	814.19	820.69
Expenses	997.56	787.10	791.66
Net income	16.38	22.53	25.28
Margin (%)	1.61	2.19	3.08

Patel Retail Offer News

• Patel Retail RHP
• Patel Retail DRHP
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

Patel Retail Valuations & Margins

	FY 2023	FY 2024	FY 2025 (Pre-Issue)	FY 2025 (Post-Issue)
EPS	6.72	9.24	10.30	7.57
PE Ratio	–	–	23.01 – 24.76	31.31 – 33.69

	FY 2023	FY 2024	FY 2025
RONW (%)	23.66	24.24	19.02
NAV	29.48	38.72	54.08
ROCE (%)	12.66	15.10	14.43
EBITDA (%)	4.25	6.86	7.61
Debt/Equity	2.54	1.97	1.34

Patel Retail IPO GMP Today (Daily Trend)

Date	Day-wise IPO GMP	Subject to Sauda
25 August 2025	33	–
23 August 2025	49	2,100
22 August 2025	51	2,200
21 August 2025	48	2,100
20 August 2025	48	2,100
19 August 2025	45	1,900
18 August 2025	36	1,500
15 August 2025	35	1,400
14 August 2025	35	1,400
13 August 2025	31	1,100
12 August 2025	26	1,100

Patel Retail Offer Objectives

The company proposes to utilize the Net Proceeds from the Issue towards the following objects:

• Repayment/prepayment, in full or part, of certain borrowings availed of by the company – INR 59 crore
• Funding of working capital requirements of the company – INR 115 crore
• General Corporate Purposes

Patel Retail IPO Subscription – Live Updates

Category	QIB	NII	Retail	Emp	Total
Shares Offered	11,36,312	23,67,250	42,61,050	51,000	78,15,612
21 Aug 2025	272.43	108.17	42.49	25.37	95.70
20 Aug 2025	17.16	26.11	16.58	9.58	19.50
19 Aug 2025	9.88	7.40	4.94	3.25	6.39

17,04,388 shares allotted to anchor investors are not included in these calculations.

Patel Retail – Comparison With Listed Peer

Company	PE ratio	EPS	RONW (%)	NAV	Revenue (Cr.)
Patel Retail	33.69	7.57	19.02	54.08	821
Avenue Supermarts	123.35	36.49	17.79	248.03	59,358
Osia Hyper Retail	30.54	0.92	8.42	10.95	1,427
Sheetal Universal	23.89	2.56	30.63	8.37	106
KN Agri Resources	11.57	11.75	10.41	112.88	1,725

Patel Retail IPO Allotment Status

Patel Retail IPO allotment status is now available on Bigshare Services’ website. Click on this link to get the allotment status.

Patel Retail IPO Dates & Listing Performance

IPO Opening Date	19 August 2025
IPO Closing Date	21 August 2025
Finalization of Basis of Allotment	22 August 2025
Initiation of refunds	25 August 2025
Transfer of shares to demat accounts	25 August 2025
Patel Retail IPO Listing Date	26 August 2025
Opening Price on NSE	INR 300 per share (up 17.65%)
Closing Price on NSE	INR 287.70 per share (up 12.82%)

Patel Retail IPO Reviews – Subscribe or Avoid?

Angel One –
Anand Rathi – Subscribe
Axis Capital – Not rated
Antique Stock Broking –
Arihant Capital – Neutral
Ashika Research –
Asit C Mehta –
BP Wealth – Subscribe
Capital Market – Avoid
Canara Bank Securities –
Choice Broking – Subscribe for long term
Dalal & Broacha –
Elite Wealth – Not rated
GCL Broking –
Geojit –
GEPL Capital – Avoid
Hem Securities – Subscribe for listing gain
ICICIdirect –
Investmentz –
Jainam Broking – Neutral
DR Choksey –
LKP Research –
Marwadi Financial – Subscribe
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
SBI Securities – Neutral
Samco Securities – Not rated
SMC Global – 1.5/5
Swastika Investmart –
Ventura Securities – Subscribe

Patel Retail IPO Lead Manager

FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email: [email protected]
Website: www.fedsec.in

Patel Retail Offer Registrar

BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email:  [email protected]
Website: www.bigshareonline.com

Patel Retail Contact Details

PATEL RETAIL LIMITED
Plot No. M-2, Anand Nagar, Additional MIDC,
Ambernath (East) – 421506, Maharashtra, India
Phone: +91 7391043825
Email: [email protected]
Website: www.patelrpl.in

Patel Retail IPO FAQs