Patel Retail
26 Aug '25MAINBOARD
Min. Investment
₹13,746
Issue size
₹242.76 Cr
GMP
Locked
Overall subscription: 85.63x
Check allotment status
Expert verdict
IPO dates
19 Aug
Opening
21 Aug
Closing
22 Aug
Allotment
26 Aug
Listing
*Refunds will be initiated on 25 Aug '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 58 | ₹14,790 |
| HNI (Min) | 14 | 812 | ₹2,07,060 |
Subscription (as on 25 November 2025, 06:30 PM)
Overall85.63x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2007|MD: Mr. Dhanji Raghavji Patel
- Patel Retail is a supermarket chain primarily operating in tier-III cities and nearby suburban areas, focusing on ‘value retail.’ The company offers a range of products, including food, non-food (FMCG), general merchandise, apparel, and private label goods under brands like Patel Fresh, Indian Chaska, and Blue Nation. As of May 31, 2025, Patel Retail operated 43 stores across Thane and Raigad districts in Maharashtra, covering a total retail business area of approximately 178,946 square feet.
- Patel Retail also exports products such as pulses, spices, and groceries to over 35 countries, in addition to domestic and export trading of FMCG goods, kitchen appliances, and agri-commodities.
- The company manages multiple manufacturing facilities, such as a processing and packing facility in Ambernath, Maharashtra, and two production facilities in Dudhai, Gujarat. These facilities process items such as peanuts, whole spices, and fruit pulps.
Issue Details & Objective
Lot size
58 Shares
Price band
₹237 to 255
Face value
₹10 per share
Financials
Download DRHP (IPO Doc)FAQs
Should I apply for the Patel Retail IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Patel Retail IPO?
The issue size of Patel Retail IPO is ₹242.76 Cr
What are the open and close dates for Patel Retail IPO?
The Patel Retail IPO will be open for applications from 19 Aug '25 to 21 Aug '25
What is the lot size and minimum order quantity of Patel Retail IPO?
The lot size of Patel Retail IPO is 58 Shares and its minimum investment amount is ₹13,746.
What is the GMP value of Patel Retail IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Patel Retail IPO is 19.22
