Patel Retail IPO: Date, Size, Review, GMP, and Complete Details
08 August 2025 · Sachin Gadekar
All You Need to Know About Patel Retail Ltd IPO - Dates, Price, Size, Review, and More.
Patel Retail IPO Overview
Patel Retail Limited, a fast-growing supermarket chain focused on tier-III cities and suburban regions, is launching its Initial Public Offering (IPO) soon. As an investment platform, Ultra is here to provide you with detailed and reliable insights on the Patel Retail IPO to help you make informed decisions.
This article covers key information, including Patel Retail IPO GMP, IPO date, IPO size, DRHP details, share price, and financials to give you a comprehensive view.
Important Dates:
IPO Open Date: August 19, 2025
IPO Close Date: August 21, 2025
Allotment Finalization: August 22, 2025
Refund Initiation: August 25, 2025
Credit to Demat Account: August 25, 2025
Tentative Listing Date: August 26, 2025
Issue Type: Book Building
Listing At: BSE, NSE
Patel Retail IPO Size & Structure
| Type | Shares Offered | Details |
|---|---|---|
| Fresh Issue | 84,67,000 | New shares issued to raise fresh capital |
| Offer for Sale (OFS) | 10,02,000 | Existing shareholders selling stake |
| Employee Reservation | 51,000 | Reserved shares for employees |
| Total Issue Size | 95,20,000 | Aggregating up to Rs [to be announced] Cr |
| Net Public Offer | 94,69,000 | After employee reservation |
| Face Value | Rs 10 per share | |
| Price Band | ₹237 to ₹255 per share | |
| Lot Size | 58 Shares |
About Patel Retail Limited
Company Overview
Founded in 2008, Patel Retail Pvt Ltd operates under the brand name "Patel's R Mart", primarily serving the semi-urban and rural populations of Maharashtra and Gujarat. As of May 31, 2025, the company runs 43 retail stores covering approximately 1,78,946 sq. ft. in Thane and Raigad districts.
Their product offerings span across food, non-food (FMCG), general merchandise, and apparel categories. Patel Retail also has a growing private label portfolio to increase margins and brand presence.
Private Labels Include:
Patel Fresh: Pulses and ready-to-cook items
Indian Chaska: Spices, ghee, papad
Blue Nation: Men’s fashion wear
Patel Essentials: Home improvement goods
Manufacturing Facilities
Patel Retail Ltd supports its private label operations through three main facilities:
Ambernath (Maharashtra): Focused on quality check, processing, and packaging.
Dudhai, Kutch (Gujarat): Specializes in agri-product processing like cumin, coriander, peanuts.
Agri-Processing Cluster (Dudhai): A 15.925-acre hub featuring 5 production units, cold storage (3000 MT), warehouses, and an in-house lab.
Operations & Distribution
Store Strategy: Positioned as neighborhood supermarkets for daily and bulk shopping.
Fleet: In-house logistics with 18 trucks.
Product Assortment: 38 categories and over 10,000 SKUs.
Revenue Geography: Primarily Maharashtra and Gujarat.
Competitive Strengths
Deep inventory and IT-driven product assortment knowledge
Strong supply chain with in-house logistics
Private label strategy driving margins
Consistent store expansion using asset-ownership models
Strategically located manufacturing units
Patel Retail Financials (₹ in Crores)
| Period Ended | Total Income (in Cr) | PAT (in Cr) | EBITDA (in Cr) | Net Worth (in Cr) | Total Borrowing (in Cr) |
|---|---|---|---|---|---|
| Mar 2023 | 1,019.80 | 16.38 | 43.24 | 71.87 | 182.81 |
| Mar 2024 | 817.71 | 22.53 | 55.84 | 94.40 | 185.75 |
| Mar 2025 | 825.99 | 25.28 | 62.43 | 134.57 | 180.54 |
Patel Retail IPO Review
Patel Retail IPO GMP (Grey Market Premium)
As of now, the Patel Retail IPO GMP has not been officially confirmed. GMP trends usually become available 3–5 days before the IPO opens. Investors are advised to keep an eye on credible platforms for GMP updates.
Positives:
Steady PAT growth and EBITDA improvement.
Strong private label strategy boosting margins.
Presence in high-growth tier-III and semi-urban markets.
Integrated supply chain from farm to shelf.
Risks:
Dependency on select geographic regions.
Retail sector is highly competitive with pricing pressures.
Overall, Patel Retail IPO appears promising for long-term investors interested in India’s growing organized retail story, especially in underserved regions.
FAQs about Patel Retail IPO
1. What is the Patel Retail IPO date?
The IPO opens on August 19, 2025 and closes on August 21, 2025.
2. What is the Patel Retail IPO size?
The IPO consists of 95.20 lakh shares including a fresh issue of 84.67 lakh shares and OFS of 10.02 lakh shares.
3. What is Patel Retail Limited known for?
Patel Retail operates supermarkets under the brand "Patel’s R Mart" in suburban Maharashtra and Gujarat.
4. What is the Patel Retail IPO share price or price band?
The price band has not been disclosed yet. Investors should watch out for the official announcement closer to the opening date.
5. Where will the Patel Retail IPO be listed?
The shares will be listed on both NSE and BSE.
6. Who is the owner of Patel Retail Pvt Ltd?
The company was incorporated in 2008 by the Patel family and remains privately managed by its founding members.
7. How can I apply for the Patel Retail IPO?
You can apply via ASBA through your bank or UPI-based platforms. Ultra offers guidance and seamless IPO application support.
Final Thoughts
With a combination of robust operations, local market expertise, private labels, and financial improvement, the Patel Retail IPO is a compelling offering in the retail sector. However, as always, investors should analyze the DRHP and financial metrics carefully before investing.
For more investment insights and IPO opportunities, visit Ultra.