Patel Retail Limited IPO

IPO Details		RHP:
Bidding Date 19 Aug’2025	IPO Price Range ₹237 to ₹255 per share	IPO Size ₹242.76 Cr
Listing Exchange NSE SME	Listing Date Tue, Aug 26, 2025	Lot Size 58 Shares

Minimum Investment
₹13,746 / 58shares

IPO Timeline

Open Date Tue, Aug 19, 2025

Close DateThur, Aug 21, 2025

Allotment FinalisationFri, Aug 22, 2025

Demat Transfer Mon, Aug 25, 2025

Refund InitiationMon, Aug 25, 2025

ListingTue, Aug 26, 2025

About Patel Retail Limited

The Company is primarily engaged as a retail supermarket chain operating in tier-III cities and nearby suburban areas, with focus on value retail, offering food, non-food (FMCG), general merchandise and apparel catering to the needs of the entire family. Incorporated in Fiscal 2008, the Company started its first store under the brand Patel’s R Mart at Ambernath, Maharashtra and since then, their operations are spread across the suburban area of Thane and Raigad district in Maharashtra. Over the years the Company have emerged as a player managing one of the largest network stores in the MMR region. As on December 31, 2023 the Company operated and managed thirty-one (31) stores, with a Retail Business Area of approx. 1,26,000 sq.fts.

Patel Retail Limited Subscription Status

Date	QIB	NII	Retail	Total
TBA	0	0	0	0
TBA	0	0	0	0

Patel Retail Limited Financial Status

Particulars (in Rs. Crores)	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	382.86	333.02	303.12
Total Income	825.99	817.71	1,019.80
Profit After Tax	25.28	22.53	16.38
EBITDA	62.43	55.84	43.24
Net Worth	134.57	94.40	71.87
Total Borrowing	180.54	185.75	182.81

Patel Retail Limited IPO SWOT Analysis

Strengths

Diversified product portfolio.
Large scale procurement and storage capabilities.
Strong track record of growth and profitability.
Consistent focus on quality.

Risks

Failure to maintain optimal store inventory may adversely affect the Company’s operations.
Foreign exchange risks may negatively impact the Company’s operations and cash flow.
Non-compliance with food safety, environmental, or other regulations may harm the Company’s business, finances, and operations.
The Company uses contract labor and may be liable for their wages if contractors default, which could harm its operations, cash flow, and finances.