Search IPOs
PATELRMART · NSE,BSE · Diversified Retail
Patel Retail IPO listed on 26 Aug 2025 on NSE,BSE at ₹300.00, a gain of 17.65% over the issue price of ₹255.00. The IPO was subscribed 95.70x overall.
Patel Retail IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 19 Aug 2025 |
| IPO Close Date | 21 Aug 2025 |
| Basis of Allotment | 22 Aug 2025 |
| Initiation of Refunds | 25 Aug 2025 |
| Credit of Shares to Demat | 25 Aug 2025 |
| Listing Date | 26 Aug 2025 |
Listing day gain
+17.65%
Listed at ₹300 (issue ₹255)
Issue
₹255
Listing
₹300
Current
₹287.7
+12.82% vs issue
Day range
₹285.55 – ₹305
Issue Size
9,520,000 shares
(aggregating up to ₹242.66 Cr)
Issue Price
₹237 – ₹255
Face Value
₹10/share
Market Lot
58 shares
Retail Min Investment
₹14,790
Listing At
NSE,BSE
Sale Type
both
Fresh Issue
8,518,000 shares
(aggregating up to ₹217.12 Cr)
Offer for Sale
1,002,000 shares
(aggregating up to ₹25.54 Cr)
Issue Type
book building
Open Date
19 Aug
Close Date
21 Aug
Allotment
22 Aug
Listing
26 Aug
Last updated: 1 year ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 26 Aug 2025 Latest | ₹255 | ₹52 | ₹307 | ₹52 |
20.39%
|
12:00 AM |
| 25 Aug 2025 | ₹255 | ₹52 | ₹307 | ₹52 |
20.39%
|
12:00 AM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 26 Aug 2025
| Category | Subscribed (x) |
|---|---|
| QIB | 272.43x |
| NII | 108.17x |
| bNII (bids above ₹10L) | 102.15x |
| sNII (bids below ₹10L) | 120.22x |
| Retail Investors | 42.49x |
| Employees | 25.37x |
| Total | 95.7x |
Showing the latest subscription snapshot.
View full subscription historyDhanji Raghavji Patel, Bechar Raghavji Patel, Hiren Bechar Patel and Rahul Dhanji Patel
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 58 | ₹14,790 |
| Retail (Max) | 13 | 754 | ₹192,270 |
| S-HNI (Min) | 14 | 812 | ₹207,060 |
| S-HNI (Max) | 67 | 3,886 | ₹990,930 |
| B-HNI (Min) | 68 | 3,944 | ₹1,005,720 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only employee | 1 | No |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 2,840,700 (29.84%) |
|
•
Anchor Investor Shares Offered
|
1,704,388 (17.90%) |
|
•
QIB (Ex. Anchor) Shares Offered
|
1,136,312 (11.94%) |
| NII (HNI) Shares Offered | 2,367,250 (24.87%) |
|
•
bNII > ₹10L
|
1,578,167 (16.58%) |
|
•
sNII < ₹10L
|
789,083 (8.29%) |
| Retail Shares Offered | 4,261,050 (44.75%) |
| Employee | 51,000 (0.54%) |
| Total Shares Offered | 9,520,000 (100.00%) |
Patel Retail Limited was incorporated in 2008 (with roots in a grocery business begun in 1990) and is headquartered in Ambernath, Maharashtra. It works in the retail sector, operating a supermarket chain focused on Tier-III cities and suburban areas.
The company runs stores under the "Patel's R Mart" brand, offering food, non-food FMCG, general merchandise and apparel across more than 10,000 SKUs, along with private label products such as "Patel Fresh," "Indian Chaska," "Blue Nation" and "Patel Essentials." As of May 2025, it operated 43 stores across Thane and Raigad districts in Maharashtra, spanning about 1,78,946 square feet of retail area, supported by a distribution fleet of 18 trucks and backward-integrated agri-processing facilities in Ambernath and Dudhai, Gujarat, for products such as peanuts, spices and pulses. Sales are concentrated mainly in Maharashtra and Gujarat. The promoters are Dhanji Raghavji Patel (Chairman and Managing Director) and Bechar Raghavji Patel (Whole-time Director).
Profit after tax rose from about Rs 15 crore to about Rs 25 crore over the three years before the IPO, with an EPS of Rs 10.30 for FY25, as per the RHP. The IPO was a mainboard book-built issue of about Rs 242.76 crore on the NSE and BSE, comprising a fresh issue and an offer for sale totalling 95,20,000 equity shares, priced at Rs 237-255 per share, and it listed in late August 2025. Net proceeds from the fresh issue were earmarked for repayment or prepayment of certain borrowings (about Rs 59 crore), funding working capital requirements (about Rs 115 crore), and general corporate purposes.
Standalone · ₹ in Crores
| Particulars | FY Mar 2023 | FY Mar 2024 | FY Mar 2025 |
|---|---|---|---|
| Total Revenue | 1,019.8 | 817.71 | 825.99 |
| Profit After Tax (PAT) | 16.38 | 22.53 | 25.28 |
| EBITDA | 43.24 | 55.84 | 62.43 |
| Total Assets | 303.12 | 333.02 | 382.86 |
| Net Worth | 71.87 | 94.4 | 134.57 |
| Reserves & Surplus | - | - | - |
| Total Borrowing | 182.81 | 185.75 | 180.54 |
Revenue & Profit Trend
Key ratios per fiscal period
| Particulars | Mar 2025 |
|---|---|
| RoE Return on Equity Shows how much profit the company makes on the money shareholders have put in. 15% to 20% is healthy in most industries. | 19.02% |
| RoCE Return on Capital Employed Shows the profit earned on all the money used, shareholder funds plus loans. Matters most for factory and infrastructure heavy companies. | 14.43% |
| RoNW Return on Net Worth Shows the profit earned on the company's own net worth. Steady or rising over 3 years is a good sign. | 19.02% |
| PAT Margin Profit After Tax Margin Out of every ₹100 of sales, how much the company keeps after paying all costs, loan interest and tax. | 3.08% |
| EBITDA Margin Earnings Before Interest, Tax, Depreciation and Amortisation Margin Profit from the main business as a share of sales, before loan interest and tax. Compare it with other companies in the same industry. | 7.61% |
| Debt / Equity Debt to Equity How much the company has borrowed against what shareholders own. Above 1x means the loans are bigger than shareholder funds. | 1.34x |
| P/BV Price to Book Value Tells you if the IPO price is above what the company actually owns. 1x to 3x is usually seen as reasonable. | 4.72x |
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹10.16 | ₹7.57 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 25.1x | 33.69x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹635 Cr | ₹961 Cr |
The basis of allotment for Patel Retail IPO was finalised on 22 Aug 2025. You can check your allotment status using your PAN number or application number on the Bigshare Services Private Limited portal or BSE.
The Patel Retail IPO is expected to open in Aug 2025, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Patel Retail IPO is ₹237.00 - ₹255.00 per share.
As per market sources, Patel Retail IPO GMP is currently ₹52.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Patel Retail IPO stands at 95.70x overall.
The listing date for Patel Retail IPO is 26 Aug 2025.
No comments yet. Be the first to comment!
