Patel Retail IPO

Patel Retail IPO

SME

Offer Date:

Offer Price
Lot Size
Subscription
Exp. Premium

IPO Details

KeyValue
IPO DateAugust 19, 2025 to August 21, 2025
Listing Date[.]
Face Value₹10 per share
Issue Price₹255 per share
Lot Size58 Shares
Sale TypeFresh Capital-cum-Offer for Sale
Total Issue Size95,20,000 shares (aggregating up to ₹242.76 Cr)
Fresh Issue85,18,000 shares (aggregating up to ₹217.21 Cr)
Offer for Sale10,02,000 shares of ₹10 (aggregating up to ₹25.55 Cr)
Employee Discount₹20.00
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Share Holding Pre Issue2,48,82,528 shares
Share Holding Post Issue3,34,00,528 shares

IPO Subscription Details

KeyValue
Anchor Investors1
QIB (Ex Anchor)272.14
Non-Institutional Buyers108.11
bNII (bids above ₹10L)102.09
sNII (bids below ₹10L)120.17
Retail Investors42.55
Employees25.29
Total **95.69

IPO Important Dates

KeyValue
IPO Open DateTue, Aug 19, 2025
IPO Close DateThu, Aug 21, 2025
Tentative AllotmentFri, Aug 22, 2025
Initiation of RefundsMon, Aug 25, 2025
Credit of Shares to DematMon, Aug 25, 2025
Tentative Listing DateTue, Aug 26, 2025
Cut-off time for UPI mandate confirmation5 PM on August 21, 2025

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)158₹14,790
Retail (Max)13754₹1,92,270
S-HNI (Min)14812₹2,07,060
S-HNI (Max)673,886₹9,90,930
B-HNI (Min)683,944₹10,05,720

Financial Information

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets382.86333.02303.12
Total Income825.99817.711,019.80
Profit After Tax25.2822.5316.38
EBITDA62.4355.8443.24
Net Worth134.5794.4071.87
Total Borrowing180.54185.75182.81

Peers Comparison

Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV Ratio
Patel Retail10.3010.3054.0819.02
Vishal Mega Mart1.401.3613.92104.739.8711.23
Avenue Supermarts41.6141.50329.27102.3312.6412.94
Spencers Retail-27.33-27.37-73.40-37.24-0.78
Osia Hyper Retail1.461.4623.858.734.970.52
Aditya Consumer Marketing-2.62-2.6214.14-18.513.00
Sheetal Universal8.128.1238.2715.5821.443.32
Kovilpatti Lakshmi Roller Flour Mills1.271.2773.92101.611.721.77
KN Agri Resources14.7614.76140.6017.0110.501.79
Madhusudhan Masala Limite10.9310.9364.7312.9216.042.20

Information about company

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 area of approximately 1,78,946 sq. ft. To enhance margins and brand recognition, Patel Retail Limited has launched private label products such as “Patel Fresh” (pulses and ready-to-cook items), “Indian Chaska” (spices, ghee, and papad), “Blue Nation” (men’s wear), and “Patel Essentials” (home improvement items). Manufacturing Facilities: Patel Retail Limited manages three main facilities supporting its retail and private label operations. Facility 1 (Ambernath, Maharashtra): This location handles processing, quality checks, and packaging of private label products such as pulses, ready mixes, and select grocery items. Facility 2 (Dudhai, Kutch, Gujarat): This production unit processes agri-products like peanuts, coriander seeds, and cumin seeds, serving as a key component of the company’s backward integration strategy. Facility 3 (Agri-Processing Cluster, Dudhai, Kutch, Gujarat): Spread over 15.925 acres, this integrated agri-cluster includes five production units, a fruit pulp processing unit, a dry warehouse (3,040 MT capacity), a cold storage facility (3,000 MT capacity), and an in-house testing and research laboratory. These facilities are collectively referred to as the Manufacturing Facilities, while Facility 2 and the Agri-Processing Cluster together are known as the Kutch Facilities. Operations & Distribution: Patel Retail Limited positions its stores as neighbourhood supermarkets catering to both daily needs and bulk shopping. In addition to its core retail activity, the company also generates rental income through vendor arrangements within its stores. As of May 31, 2025, it has 38 products categories across 10,000 SKUs. Its products are distributed across various states, with the majority of sales originating from Maharashtra and Gujarat. Key Strengths Deep knowledge and understanding of optimal product assortment and inventory management using IT systems Steady footprint expansion using a distinct store acquisition strategy and ownership model Logistics and distribution network with own fleet of 18 trucks Diversified product portfolio Strategically located manufacturing facilities

Objectives of IPO

The Company Patel Retail IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: S.No. Objects of the Issue Expected Amount (₹ in crores) 1 Repayment/prepayment, in full or part, of certain borrowings availed of by the Company. 59.00 2 Funding of working capital requirements of the Company. 115.00 3 General corporate purposes.

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App

Day Wise Sub

DayQIB (Ex Anchor)NIINII (> ₹10L)NII (< ₹10L)RetailEMPTotal
Day 1 Aug 19, 20259.867.407.357.514.963.266.40
Day 2 Aug 20, 202517.1426.0922.0934.1116.609.5619.51
Day 3 Aug 21, 2025272.14108.11102.09120.1742.5525.2995.69

Day Wise GMP

DatePriceGMPEstimate List Price
24-08-2025255.0048(18.82%)303
23-08-2025255.0048(18.82%)303
22-08-2025255.0047(18.43%)302
21-08-2025255.0050(19.61%)305
20-08-2025255.0050(19.61%)305
19-08-2025255.0049(19.22%)304
18-08-2025255.0045(17.65%)300
17-08-2025255.0035(13.73%)290
16-08-2025255.0035(13.73%)290
15-08-2025255.0035(13.73%)290
14-08-2025255.0034(13.33%)289
13-08-2025255.0034(13.33%)289
12-08-2025255.0030(11.76%)285
11-08-2025255.0026(10.20%)281
10-08-20250(0.00%)(0.00%)
09-08-20250(0.00%)(0.00%)
08-08-20250(%)(%)

IPO Reservation

Investor CategoryShares OfferedMaximum Allottees
QIB Shares Offered28,41,900 (29.84%)NA
− Anchor Investor Shares Offered17,04,388 (17.90%)NA
− QIB (Ex. Anchor) Shares Offered11,37,512 (11.94%)NA
NII (HNI) Shares Offered23,68,250 (24.87%)NA
− bNII > ₹10L15,79,149 (16.58%)1,944
− sNII < ₹10L7,89,101 (8.29%)971
Retail Shares Offered42,62,850 (44.76%)73,497
Employee Shares Offered51,000 (0.54%)NA
Total Shares Offered95,24,000 (100.00%)