Patel Retail IPO will open on August 19, 2025, and close on August 21, 2025. It is a Book Build Issue through which the company plans to raise approximately ₹242.76 crores, comprising a fresh issue of ₹215.91 crores and an offer for sale of up to 10,02,000 equity shares, each with a face value of ₹10.

The IPO price band is set between ₹237 and ₹255 per share. The allocation is 35% for retail investors, 50% for QIBs, and 15% for HNIs. The shares are scheduled to be listed on BSE and NSE on August 26, 2025, with the allotment date on August 22, 2025.

In the financial year 2025, the company recorded revenue of ₹825.99 crores compared to ₹817.71 crores in 2024. Net profit rose to ₹25.28 crores in 2025 from ₹22.53 crores in 2024. Based on these financials, the IPO is considered a good choice for long-term investment.

About Patel Retail IPO

One of the leading companies, Patel Retail Limited, was founded in 2008 and started a chain of supermarkets that are located in similar cities. The company has started with a single grocery store and has now expanded to around 40+ supermarkets.

Patel Retail has begun a production facility with the aim of controlling the supply chain, at the place where they process peanuts and whole spices, including coriander seed and cumin seeds. In the Business category, their retail business runs under the “Patel’s R Mart” brand. Further, the company believes in quality, its pre-requisite for positive consumer experience and long-term brand loyalty. The company’s total revenue grew at an average rate of 11% per year, increasing from ₹82,775.34 lakhs in 2021 to ₹1,01,980.36 lakhs in 2023. began with a single grocery store and has since expanded to over 40