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Patel Retail IPO Heating Up On Day 2: Too Good to Miss or Time to Run?

Patel Retail Limited IPO is open for subscription since August 19, 2025. The issue will last till August 21, 2025. The objective of the company through this IPO is to raise approx. ₹242.8 crore through this IPO. The offering includes a fresh issue and offers for sale. Proceeds will be used for debt repayment, working capital, and corporate purposes.

Published By: Ankur Mishra
Published: August 20, 2025 21:16:53 IST

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Patel Retail Limited IPO is open for subscription since August 19, 2025. The issue will last till August 21, 2025. The objective of the company through this IPO is to raise approx. ₹242.8 crore through this IPO, featuring a fresh issue and an offer for sale (OFS) to existing shareholders. 

Patel Retail Limited IPO: Details at a Glance
•    IPO Opening Date: August 19,2025
•    IPO Closing Date: August 21, 2025
•    Issue Type: 100% Book Building
•    Total Issue Size: ₹225.6 cr to ₹242.8 cr 
o    Fresh Issue: Approx. ₹201.9 cr–₹217.2 cr 
o    Offer for Sale: Approximately ₹23.8 cr–₹25.6 cr 
•    Price Band: ₹237 to ₹255 per share 
•    Face Value: ₹10 per equity share 
•    Lot Size: 58 shares, in multiples thereof 
•    Minimum Retail Investment: ₹14,790 
•    Maximum Retail Investment: ₹1,92,270 
•    Eligible Employee Discount: ₹20 per share 
•    Listing At: BSE and NSE 
•    Registrar: Bigshare Services Private Limited 
•    Book Running Lead Manager (BRLM): Fedex Securities Private Limited 

Important IPO Dates: Patel Retail Limited IPO
•    Anchor Investor Bidding: August 18, 2025 
•    Finalisation of Basis of Allotment: August 22, 2025 
•    Expected Listing: August 26, 2025 

Patel Retail Limited IPO: Consolidated Bid Details 
    Total Subscription: 19.45x
    Retail Individual Investors (RII): 16.55x
    Retail Investors (Employees): 9.56x
    Non-Institutional Investors (NII): 26.10x
    Qualified Institutional Buyers (QIB): 17.16x
(Data: Aug 20, 2025 | 19:30)

Patel Retail Limited: Company Overview

Patel Retail Limited, a supermarkets chain founded in June 2007. The company has it headquarter in Mumbai, Maharashtra. Patel Retail functions a chain of supermarkets under the brand name “Patel’s R Mart”. The company focuses on value retailing in tier III cities and suburbs in Maharashtra. The company offers food, FMCG, general merchandise, and apparel. 

(Disclaimer: The above article is only for the purpose of information. It does not constitute financial guidance in any form(s). Investors here are suggested to carefully review the prospectus and refer to a registered financial advisor or certified investment professional before they finalise any investment. Similarly, past performances are not an indication of future outcomes. Investments are subject to market risks.)

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