Patel Retail IPO
ListedMainboardOpens 19 August 2025Closes 21 August 2025
Patel Retail is engaged in the retailing of consumer goods, offering a diverse portfolio of products across multiple categories, including groceries, household essentials, packaged foods, personal care items, and…
Patel Retail is engaged in the retailing of consumer goods, offering a diverse portfolio of products across multiple categories, including groceries, household essentials, packaged foods, personal care items, and general merchandise. The company operates through a network of physical stores and distribution channels, leveraging an efficient supply chain and technology-driven operations. The company focuses on delivering value through competitive pricing, quality assurance, and customer-centric service. Patel Retail's non-retail segment (manufacturing, processing, and trading of private label goods) contributes significantly to its revenue.
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Key ratios
As per RHP / filingsTimeline
IPO Opens
19 Aug 2025
IPO Closes
21 Aug 2025
Allotment
22 Aug 2025
Listing
26 Aug 2025
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 19 August 2025 |
| IPO Close Date | 21 August 2025 |
| Allotment Date | 22 August 2025 |
| Listing Date | 26 August 2025 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,790 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,92,270 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,07,060 |
SHNI (Max)Below ₹10,00,000 | 67 | ₹9,90,930 |
BHNIAbove ₹10,00,000 | 68 | ₹10,05,720 |
IPO Objectives
- Repayment/prepayment, in full or part, of certain borrowings availed of by the Company.
- Funding of working capital requirements of the Company.
- General corporate purposes.
Strengths
- The company has a strong grasp of inventory management, using technology to keep operations efficient and costs low.
- It's successfully expanding with a cluster-based approach, having already opened 43 stores in key districts of Maharashtra.
- The business has a solid in-house logistics network with its own fleet of 18 trucks, which ensures a reliable and efficient supply chain.
- It has a diversified product portfolio that caters to the daily needs of customers, including groceries, household essentials, and its own private-label products.
- The company has shown consistent financial performance with both revenue and profit growth, proving its stability in a competitive market.
Weaknesses
- The company has a high geographical concentration, with most of its stores located in just two districts of Maharashtra, making it vulnerable to regional economic issues.
- There was a decline in revenue from FY23 to FY24, which raises concerns about the company's ability to consistently grow its top line.
- It has a high debt-to-equity ratio of 1.34, which indicates the company has significant financial leverage and may be at a higher risk.
- The business is very dependent on working capital to fund its daily operations and inventory, with a large part of the IPO funds being used for this purpose.
- The company faces intense competition from both large national players and smaller local retailers, which can lead to pricing pressures and a fight for market share.
Financial Performance
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets (₹ Cr.) | 382.86 | 333.02 | 303.12 |
| Revenue (₹ Cr.) | 825.99 | 817.71 | 1,019.8 |
| PAT (₹ Cr.) | 25.28 | 22.53 | 16.38 |
| Net Worth (₹ Cr.) | 134.57 | 94.4 | 71.87 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| Patel Retail | 4.72 | 33.69 | 19.02% | 134.57 |
| Vishal Mega Mart | 10.6 | 99.36 | 9.87% | 5,622 |
| Avenue Supermarts | 13.87 | 109.77 | 12.64% | 21,427 |
Subscription Details
Daily Bids Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 9.86x | 17.14x | 272.14x |
| NII | 7.4x | 26.09x | 108.11x |
| S-HNI | 7.51x | 34.11x | 120.17x |
| B-HNI | 7.35x | 22.09x | 102.09x |
| RII | 4.96x | 16.6x | 42.55x |
| EMP | 3.26x | 9.56x | 25.29x |
| Total | 6.4x | 19.51x | 95.69x |
Overall Subscription Statistics
| Category | Shares Offered | Shares Bid | Bid Amount (₹ Cr) |
|---|---|---|---|
| QIB | 11,37,512 | 30,95,62,472 | 7,893.84 |
| NII | 23,68,250 | 25,60,36,824 | 6,528.94 |
| Small NII | 7,89,101 | 9,48,23,272 | 2,417.99 |
| Big NII | 15,79,149 | 16,12,13,552 | 4,110.95 |
| RII | 42,62,850 | 18,13,69,538 | 4,624.92 |
| EMP | 51,000 | 12,89,746 | 32.89 |
| Total | 78,19,612 | 74,82,58,580 | 19,080.59 |
Company Details
- Patel Retail Ltd.
- Plot No. M-2, Anand Nagar, Additional MIDC, Ambernath (East)- 421506, Ambernath, Maharashtra, India
- +91 7391043825
- cs@patelrpl.net
- https://patelrpl.in/
Registrar Details
- Bigshare Services Pvt.Ltd.
- +91-22-6263 8200
- ipo@bigshareonline.com
- https://ipo.bigshareonline.com/IPO_Status.html
Frequently Asked Questions
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Patel Retail IPO News & Updates
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Patel Retail IPO IPO Pages
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Patel Retail IPO Details
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Patel Retail IPO GMP
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Patel Retail IPO Subscription
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Patel Retail IPO Allotment
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Patel Retail IPO Review
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Patel Retail IPO FAQ
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Patel Retail IPO Registrar
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Patel Retail IPO Timeline
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Patel Retail IPO News
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Sources
We match Patel Retail IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Bigshare Services Pvt.Ltd.Official site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.