Patel Retail Limited IPO – GMP, Price Band, Dates, Lot Size

Patel retail limited IPO would open its subscription between August 19 and August 21, 2025. It is an IPO whose details such as Patel Retail IPO GMP (Grey Market Premium), price band, lot size, and financial highlights are gaining a close attention of the investors concerning whether to subscribe or not. The IPO will be a combination of new issue and offer for sale with good presence in tier-III cities under the supermarket chain that is expanding.

Patel Retail Limited IPO – GMP, Price Band, Dates, Lot Size & Review

Parameter	Details
IPO Name	Patel Retail Limited IPO
IPO Type	Book Building Issue
IPO Open Date	August 19, 2025
IPO Close Date	August 21, 2025
Allotment Date	August 22, 2025
Tentative Listing Date	August 26, 2025
Listing Exchange	BSE, NSE
Price Band	₹237 – ₹255 per share
Face Value	₹10 per share
Market Lot	58 shares
Minimum Investment (Retail)	₹14,790
Small HNI (sNII) Investment	14 lots (812 shares) = ₹2,07,060
Big HNI (bNII) Investment	68 lots (3,944 shares) = ₹10,05,720
Issue Size	₹242.76 crore (Approx)
Fresh Issue	0.85 crore shares aggregating to ₹217.21 crore
Offer for Sale (OFS)	0.10 crore shares aggregating to ₹25.55 crore
Retail Quota	45%
Retail Forms	73,466
HNI Small Forms	972
HNI Big Forms	1,944
Lead Manager	Fedex Securities Pvt Ltd
Registrar	Bigshare Services Pvt Ltd

About Patel Retail Limited

Patel Retail Limited incorporated in 2008 is a youthful blistering retail supermarket Chain in India that operates under the name of Patel R Mart. The company has established robust presence in tier-III cities and sub-urban market, the daily and bulk shopping needs of the local populations are met. Products range sold are FMCG products, groceries, clothing, and general wares, which reinforced the one-stop-shopping aspect by the customers.

The company started with a retail store in Ambernath, Maharashtra which has been going strong ever since. Patel Retail currently runs 43 supermarket retail outlets and as at the 31 st May 2025, it is operating in the suburban areas in the Thane and Raigad districts of the state of Maharashtra with a total retail space of around 1,78,946 sq. ft.

In an attempt to ensure customer loyalty, profitability and brand recognition Patel retail has been able to come up with a variety of new levels of brand. These include:

Patel Fresh- the company selling a high quality pulse and prepared to cook commodities

Indian chaska, a spices, ghee, traditional snack (papad) brand

Blue Nation- men wear collection that would be about comfort and style

Patel Essentials home improvement and lifestyle products

Not only does these private labels enable the company to stand out among the Indian competitive research industry, but it will also enhance the profit margin since it will be less reliant on third-party suppliers. Patel Retail Limited is also competing as one of the leading players in the organised retail market in India owing to its robust presence in the underserved markets.

Aspect	Details
Incorporated	2008
Business Model	Retail supermarket chain focusing on tier-III cities & suburban markets
Brand Name	Patel’s R Mart
Products Offered	FMCG, groceries, general merchandise, apparel
Private Label Brands	Patel Fresh (pulses, ready-to-cook), Indian Chaska (spices, ghee, papad), Blue Nation (men’s wear), Patel Essentials (home improvement)
No. of Stores	43 (as of May 31, 2025)
Retail Area	~1,78,946 sq. ft.
Main Markets	Maharashtra & Gujarat

Manufacturing & Processing Facilities

Facility	Location	Functions
Facility 1	Ambernath, Maharashtra	Processing, quality checks, packaging of private label grocery items
Facility 2	Dudhai, Kutch, Gujarat	Processing agri-products like peanuts, coriander seeds, cumin seeds
Agri-Processing Cluster	Dudhai, Kutch, Gujarat (15.925 acres)	5 production units, fruit pulp processing, dry warehouse (3,040 MT), cold storage (3,000 MT), in-house testing lab

Key Strengths of Patel Retail IPO

Patel retail IPO has exposure to Indian retail and FMCG sector which is increasing with time and more so in tier-III markets which are yet to be saturated. Competitive advantages of the firm are its private labeling strategy, integrated supply chain, and a high local presence.

Nevertheless, the presence of competitive forces of larger retail chains and regional actors should be taken into account by the potential investors before registration.

Strength	Description
Product & Inventory Expertise	IT-driven systems for product assortment and inventory management
Expansion Model	Strategic store acquisition with ownership model
Integrated Supply Chain	Backward integration with own manufacturing facilities
Logistics Network	Fleet of 18 trucks for distribution
Diversified Portfolio	FMCG, apparel, general merchandise, and private labels