Patel Retail is a company that runs supermarkets called “Patel’s R Mart.” It started in 2008 and has 43 stores mostly in small cities and suburbs in Maharashtra, India. They sell food, daily items, clothes, and more – about 10,000 different products. They also make some of their own products in three factories. Most of their business is in Maharashtra and Gujarat.
Key Dates and Details
- IPO Open and Close: It starts today, August 19, 2025, and ends on August 21, 2025. Special investors bid on August 18.
- Next Steps: Shares might be given out on August 22. Money back or shares in account on August 25. It lists on stock markets (NSE and BSE) on August 26.
- Price Range: Each share costs between ₹237 and ₹255. Workers get a ₹20 discount.
- How Much to Buy: You need at least 58 shares (about ₹14,790 at the high price for small buyers). Bigger buyers have different rules.
- Total Offer: They are selling about 9.52 million shares worth up to ₹243 crore. Most is new shares for the company, some from old owners selling.
- Use of Money: Pay off loans (₹59 crore), open new stores, build a food unit, and other business needs.
Grey Market Price (GMP)
Right now, on August 19, people in the unofficial market think the share will list at ₹301, which is ₹46 more than ₹255 (about 18% extra). This can change and is not official.
How Many People Applied (As of Today)
On the first day, lots of people want it. Overall, it’s applied for about 5 times more than available. Details:
- Big investors (QIB): 9 times
- Medium investors (NII): Almost 5 times
- Small buyers (Retail): 3.6 times
- Total: Around 5 times (this number is changing fast).
Money Numbers (Finances)
In simple terms, for the year ending March 2025:
- Total money made: ₹826 crore
- Profit: ₹25 crore
- They grew a little compared to last year.
Before, in 2024: Money ₹818 crore, Profit ₹23 crore. In 2023: Money ₹1,020 crore, Profit ₹16 crore.
They have some debt, but the IPO money will help pay it down.
What Experts Say
Opinions are mixed:
- Some say buy for long term because the price is fair compared to similar companies, and they plan to grow in small towns.
- Others say it’s okay but not great, due to slow growth and tough competition from big stores.
Good points: Strong in local areas, many products, own factories to save costs, focus on places with less competition. Risks: Lots of debt now, mostly in two states, hard to compete with giants, supply problems possible.
Always talk to a money expert before buying. Stock markets have risks, and the grey market price might not happen.















































