Patel Retail IPO Details
- IPO Type: Book Built Issue
- IPO Size: ₹242.76 Crores
- Fresh Issue: 0.85 Cr shares (₹217.21 Cr)
- Offer for Sale: 0.10 Cr shares (₹25.55 Cr)
- Price Band: ₹237 – ₹255 per share
- Lot Size: 58 shares
- Minimum Retail Investment: ₹13,746 (1 lot)
- sNII Investment: 14 lots (812 shares) – ₹2,07,060
- bNII Investment: 68 lots (3,944 shares) – ₹10,05,720
- Employee Reservation: 51,000 shares at a discount of ₹20 per share
Important Dates
- IPO Open Date: Aug 19, 2025
- IPO Close Date: Aug 21, 2025
- Basis of Allotment: Aug 22, 2025
- Refunds Initiation: Aug 25, 2025
- Shares Credit to Demat: Aug 25, 2025
- Listing Date (Tentative): Aug 26, 2025
- Listing Exchange: BSE, NSE
https://tredingmarket.com/
This IPO gives employees an additional benefit through the ₹20 discount, while retail investors can start with a minimum application of just ₹13,746.
Patel Retail IPO Details
| Particulars | Details |
|---|---|
| IPO Date | August 19, 2025 to August 21, 2025 |
| Listing Date | August 26, 2025 (Tentative) |
| Face Value | ₹10 per share |
| Issue Price | ₹237 – ₹255 per share |
| Lot Size | 58 shares |
| Minimum Investment (Retail) | ₹13,746 |
| Sale Type | Fresh Issue + Offer for Sale |
| Total Issue Size | 95,20,000 shares (₹242.76 Cr) |
| Fresh Issue | 85,18,000 shares (₹217.21 Cr) |
| Offer for Sale | 10,02,000 shares (₹25.55 Cr) |
| Employee Reservation | 51,000 shares at ₹20 discount |
| Issue Type | Book Building IPO |
| Listing At | BSE, NSE |
| Pre-Issue Shareholding | 2,48,82,528 shares |
| Post-Issue Shareholding | 3,34,00,528 shares |
Patel Retail IPO Timeline (Tentative Schedule)
| Event | Date |
|---|---|
| IPO Open Date | Tue, Aug 19, 2025 |
| IPO Close Date | Thu, Aug 21, 2025 |
| Basis of Allotment (Tentative) | Fri, Aug 22, 2025 |
| Initiation of Refunds | Mon, Aug 25, 2025 |
| Credit of Shares to Demat | Mon, Aug 25, 2025 |
| Listing Date (Tentative) | Tue, Aug 26, 2025 |
| Cut-off time for UPI mandate confirmation | 5:00 PM on Aug 21, 2025 |
Patel Retail IPO Lot Size
Investors can bid for a minimum of 58 shares (1 lot) and in multiples thereof.
| Application Type | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 lot | 58 shares | ₹14,790 |
| Retail (Max) | 13 lots | 754 shares | ₹1,92,270 |
| S-HNI (Min) | 14 lots | 812 shares | ₹2,07,060 |
| S-HNI (Max) | 67 lots | 3,886 shares | ₹9,90,930 |
| B-HNI (Min) | 68 lots | 3,944 shares | ₹10,05,720 |
Patel Retail IPO Reservation
| Investor Category | Shares Offered | % of Issue | Maximum Allottees |
|---|---|---|---|
| QIB (Qualified Institutional Buyers) | 28,41,900 | 29.84% | NA |
| NII (Non-Institutional Investors) | 23,68,250 | 24.87% | NA |
| Retail Individual Investors (RII) | 42,62,850 | 44.76% | 73,497 |
| Employee Reservation | 51,000 | 0.54% | NA |
| Anchor Investors | 17,04,388 | 17.90% | NA |
| Total | 95,24,000 | 100.00% | – |
Investor Category Reservation Rules
| Application Category | Maximum Bidding Limits | Cut-off Price Allowed |
|---|---|---|
| Retail Individual Investor (RII) | Up to ₹2 Lakhs | ✅ Yes |
| Small HNI (sNII) | ₹2 Lakhs – ₹10 Lakhs | ❌ No |
| Big HNI (bNII) | Above ₹10 Lakhs (up to NII reservation) | ❌ No |
| Employees | Up to ₹2 Lakhs (with discount) | ✅ Yes |
| Employee + RII/NII | Employee up to ₹2 Lakhs, RII up to ₹2 Lakhs, sNII ₹2–10 Lakhs, bNII >₹10 Lakhs | ✅ Yes (for Employee + RII) |
Patel Retail IPO Anchor Investors
- Anchor Portion Raised: ₹43.46 Crore
- Bid Date: August 18, 2025
- Shares Offered: 17,04,388
- Anchor Lock-in Period:
- 50% shares locked till Sep 21, 2025 (30 days)
- Remaining 50% locked till Nov 20, 2025 (90 days)
Patel Retail IPO Promoter Holding
- Promoters:
- Dhanji Raghavji Patel
- Bechar Raghavji Patel
- Hiren Bechar Patel
- Rahul Dhanji Patel
| Shareholding | % Holding |
|---|---|
| Pre-Issue | 97.99% |
| Post-Issue | 70.01% |
Patel Retail Ltd. Financial Information (Restated)
Patel Retail Ltd.’s revenue increased by 1% and profit after tax (PAT) rose by 12% between FY 2024 and FY 2025.
| Period Ended (₹ in Crores) | 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 (PAT) | 25.28 | 22.53 | 16.38 |
| EBITDA | 62.43 | 55.84 | 43.24 |
| Net Worth | 134.57 | 94.40 | 71.87 |
| Total Borrowing | 180.54 | 185.75 | 182.81 |
Patel Retail Ltd. Financial Information (Restated)
Patel Retail Ltd.’s revenue increased by 1% and profit after tax (PAT) rose by 12% between FY 2024 and FY 2025.
| Period Ended (₹ in Crores) | 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 (PAT) | 25.28 | 22.53 | 16.38 |
| EBITDA | 62.43 | 55.84 | 43.24 |
| Net Worth | 134.57 | 94.40 | 71.87 |
| Total Borrowing | 180.54 | 185.75 | 182.81 |
📊 Key Financial Highlights
- Revenue: Marginal growth (₹825.99 Cr in FY25 vs. ₹817.71 Cr in FY24).
- Profitability: PAT up 12% YoY (₹25.28 Cr in FY25).
- EBITDA: Healthy rise from ₹55.84 Cr (FY24) to ₹62.43 Cr (FY25).
- Net Worth: Strong improvement to ₹134.57 Cr in FY25 (↑42% YoY).
- Borrowings: Relatively stable around ₹180 Cr, showing controlled leverage.
Patel Retail IPO Valuation
| Metric | Pre-IPO | Post-IPO |
|---|---|---|
| Earnings Per Share (EPS) | ₹10.16 | ₹7.57 |
| Price to Earnings (P/E) Ratio | 25.1x | 33.69x |
🔎 Analysis:
- EPS drops post-IPO due to equity dilution (higher number of shares).
- P/E ratio rises post-IPO, indicating that the stock may appear more expensive on listing compared to pre-issue valuation.
Patel Retail IPO – Objects of the Issue
The company proposes to utilise the Net Proceeds from the issue towards the following purposes:
| S.No. | Objects of the Issue | Expected Amount (₹ in Crores) |
|---|---|---|
| 1 | Repayment / prepayment, in full or part, of certain borrowings availed by the Company | 59.00 |
| 2 | Funding of working capital requirements of the Company | 115.00 |
| 3 | General corporate purposes | [Remaining Balance] |
Patel Retail IPO Subscription Status (Day 3)
The Patel Retail IPO was subscribed 95.69 times on August 21, 2025 (5:04:37 PM).
- QIB portion was the most oversubscribed at 272.14x
- NII category subscribed 108.11x (with sNII leading at 120.17x)
- Retail portion saw strong demand at 42.55x
- Employees subscribed 25.29x
Final Subscription (by Category)
| Category | Subscription (times) | Shares Offered | Shares Bid For |
|---|---|---|---|
| QIB (Ex-Anchor) | 272.14x | 11,37,512 | 30,95,62,472 |
| NII (HNI) | 108.11x | 23,68,250 | 25,60,36,824 |
| • bNII (Above ₹10L) | 102.09x | 15,79,149 | 16,12,13,552 |
| • sNII (₹2L – ₹10L) | 120.17x | 7,89,101 | 9,48,23,272 |
| Retail | 42.55x | 42,62,850 | 18,13,69,538 |
| Employee | 25.29x | 51,000 | 12,89,746 |
| Total | 95.69x | 78,19,612 | 74,82,58,580 |
📌 Total Applications Received: 28,00,640
Patel Retail Ltd. – Contact Details
Company Address:
Patel Retail Ltd.
Plot No. M-2, Anand Nagar,
Additional MIDC, Ambernath (East) – 421506,
Ambernath, Maharashtra, India
📞 Phone: +91 7391043825
📧 Email: cs@patelrpl.net
🌐 Website: https://patelrpl.in/
Patel Retail IPO Registrar
Registrar: Bigshare Services Pvt. Ltd.
📞 Phone: +91-22-6263 8200
📧 Email: ipo@bigshareonline.com
🌐 Website: https://ipo.bigshareonline.com/IPO_Status.html