Patel Retail IPO Details


Patel Retail Ltd, a leading regional supermarket chain in Maharashtra, is launching a ₹242.76 crore IPO this August. The company operates 43 stores across 17 cities, focusing on value-driven retail and private labels.
Patel Retail IPO Details
- IPO Dates: August 19 – August 21, 2025
- Issue Size: ₹242.76 crore
- Fresh Issue: 0.85 crore shares (₹217.21 crore)
- Offer for Sale (OFS): 0.10 crore shares (₹25.55 crore)
- Price Band: ₹237 – ₹255 per share
- Minimum Lot Size: 58 shares (minimum investment approx. ₹13,746)
- Listing Date: August 26, 2025 (NSE and BSE)
- Book Running Lead Manager: Fedex Securities Private Limited
- Registrar: Bigshare Services Private Limited
Use of IPO Proceeds
- Working capital requirements
- Loan repayments
- General corporate purposes
Subscription & Performance
- Oversubscribed 19.5x (total) as of Day 2
- Strong demand from retail (16.58x) and HNIs
- GMP: ₹49 (as of Aug 20, 2025) indicating robust market sentiment.
Company Financials
Period Ended |
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 |
62.43 |
55.84 |
43.24 |
|
Net Worth |
134.57 |
94.40 |
71.87 |
Total Borrowing |
180.54 |
185.75 |
182.81 |
Amount in ₹ Crore |
JM Financial Services tracks IPO subscription trends, market health, and provides analytical support to investors. In its recent update, JM Financial noted Patel Retail IPO’s strong subscription, emphasizing the growing attractiveness of retail-focused businesses for public investors. Though not the manager for this issue, their sector research and market commentary help frame the IPO landscape for Patel Retail. You can invest in this IPO through JM Financial Services demat account.
FAQ:-
Q1: What is Patel Retail IPO’s price band and lot size?
A: ₹237 – ₹255 per share; minimum lot size is 58 shares.
Q2: Who can apply and what is the minimum investment?
A: Retail and institutional investors are eligible; minimum retail investment is about ₹13,746.
Q3: When are share allotments and listing?
A: Allotment on August 22; listing on NSE and BSE on August 26, 2025.
Q4: What is the main purpose for IPO fundraising?
A: Working capital, loan repayments, and corporate needs.
Q5: How did the IPO perform during the subscription period?
A: Robust demand; Day 2 total oversubscription at 19.5x.
Q6: Is JM Financial associated with this IPO?
A: JM Financial provides sector insights and periodic market commentary, but is not the lead manager for this issue.
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