Patel Retail Limited IPO is open for subscription today, 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 Opens: 19 August 2025
• IPO Closes: 21 August 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 (1 lot)
• Maximum Retail Investment: ₹1,92,270 (13 lots)
• 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:
• Anchor Investor Bidding: 18 August 2025
• Finalisation of Basis of Allotment: 22 August 2025
• Initiation of Refunds / Credit to Demat: 25 August 2025
• Listing Date: 26 August 2025
Patel Retail Limited: Company Overview
Patel Retail Limited, founded in June 2007, is a supermarkets chain. The headquarter of the company is in Mumbai, Maharashtra. It operates 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.
The product range of company are:
• Patel Fresh (pulses, ready-to-cook items)
• Indian Chaska (spices, ghee, papad)
• Blue Nation (men’s apparel)
• Patel Essentials (home improvement)
Consolidated Bid Details
Total Subscription: 6.39x
Retail Individual Investors (RIIs): 4.93x
Retail Investors (Employees): 3.25x
Non-Institutional Investors: 7.40x
Qualified Institutional Buyers (QIBs): 9.88x
(Data: Aug 19, 2025 | 21:38)
(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.)
Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
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