Patel Retail IPO was subscribed 95.69 times on the last day. The retail quota was subscribed over 42.55 times, NII was subscribed over 108.11 times, and QIB was subscribed 272.14 times, respectively.
Details About Patel Retail IPO
Patel Retail IPO received approval from SEBI for an IPO worth ₹242.76 crores. In this IPO fresh issue was ₹215.91 crores, and the offer for sale was up to 10,02,000 equity shares, along with a face value of ₹10.
Further, the Patel Retail IPO had a set price band between ₹237 to ₹255 Per Share.
Patel Retail IPO consists of 58 shares in 1 lot sizes for retail minimum and for retail maximum categories, 754 shares in 13 lot sizes as well. While 812 shares were in 14 lot sizes for the S-HNI. B-HNI minimum category has shares around 3,944 in 68 lot sizes.
To invest in the Patel Retail IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,790.
- Retail Investors: Maximum investment of ₹1,92,270.
- SHNI (S-HNI): Minimum investment of ₹2,07,060.
- B-HNI: Minimum Investment of ₹10,05,720.
Patel Retail IPO Subscription Duration
Patel Retail IPO opened on August 19, 2025, and closed on August 21, 2025. The Patel Retail IPO allotment date was scheduled on August 22, 2025. Patel Retail’s IPO listing date is on August 26, 2025.
Patel Retail IPO funds deployment
- Repayment/prepayment, in full or part, of certain borrowings availed of by the Company.
- Funding of the working capital requirements of the Company.
- General corporate purposes.
About the Patel Retail IPO Company
Patel Retail Limited was founded in 2008. It started with just one grocery store and has now grown to over 40 supermarkets in similar cities.
Patel Retail has started a production facility to manage its supply chain better. Here, they process peanuts and whole spices, like coriander seeds and cumin seeds. Their retail stores operate under the brand name “Patel’s R Mart.
Further, the company believes in quality; it’s a prerequisite for positive consumer experience and long-term brand loyalty. The company’s total revenue grew at an average annual rate of 11%, 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.
Financial Report of the Patel Retail IPO Company
In 2025, the company earned a revenue of ₹825.99 crores, which is more than the ₹817.71 crores it earned in 2024. The profit also went up, from ₹22.53 crores in 2024 to ₹25.28 crores in 2025.
