Patel Retail IPO Opens 19 Aug - Check GMP, Allotment Status

Patel Retail Limited is making its approach for IPO. Patel Retail Limited is based in Ambarnath, Maharashtra (India), and is one of the expanding players in the Indian retail sector. The company is involved in retail activity and sells consumer products. Many analysts see the potential of this company in India's ever-growing retail market. The IPO price for each share is set at ₹255. This is a good opportunity for people who are looking to invest in retail companies.

Currently, the Patel Retail IPO GMP is showing ₹58 (22.75%) premium in the grey market. This indicates that investors are willing to pay ₹58 more than the IPO price. This indicates there are many investors who are looking to buy this company's shares.

Patel Retail IPO Dates

The Patel Retail Limited IPO will open on August 19, 2025, and close on August 21, 2025. The allotment date is August 22, 2025, and listing will happen on August 26, 2025.

IPO Basic Details

To buy Patel Retail shares, you need to invest at least ₹14,790 for 58 shares. The current GMP of 22.75% shows good demand from investors. This is one of the notable IPOs in the retail sector this year.

About Patel Retail Limited

Patel Retail Limited operates a retail business that sells consumer goods in India, based in Ambarnath, Maharashtra. Patel Retail is committed to serving the various consumer goods markets of local customers through convenience retailing and distribution, where they provide products and offerings that customers can use in their daily lives. The company prides themselves on keeping customers happy and providing an enhanced customer experience through quality products at affordable prices. Patel Retail is growing the number of retail stores and affiliated operators while fulfilling the needs and wants of local communities and establishing its retail network.

The company aims to expand and increase the number of retail stores in available locations. To help grow its retail footprint, Patel Retail plans to use proceeds of this IPO to expand retail business, open additional stores, and invest in a more efficient supply chain.

Bigshare Services Pvt Ltd has been engaged to manage the IPO process. The company will use the funds raised in this IPO for expanding its retail network, renovating and upgrading its stores, developing and acquiring technology and smartstore technology, repaying loans that fund the stores and operational needs, and meeting working capital needs. Assuming the continued growth of India's retail market, Patel Retail is in an excellent position to capitalize on the growth opportunities.

Patel Retail Financial Performance

The company has shown steady growth in recent years.

Financial Analysis

Patel Retail's financial performance has been mixed during recent years. The company's assets grew from ₹303.1 Cr in Mar-23 to ₹382.9 Cr in Mar-25 for a total increase of 26.3% over two years, indicating that the company is expanding its business activities. 

On the negative side, total income decreased from ₹1019.8 Cr in Mar-23 to ₹826.0 Cr in Mar-25. This drop in income is concerning and may indicate that Patel Retail is facing greater competition as well as difficulty gaining and keeping customers. 

On the positive side, the company has been gradually improving profitability. Profit after tax increased from ₹16.4 Cr to ₹25.3 Cr, which is an increase of 54.3% over two years. This improvement in profit is positive, indicating that the company is able to control its overhead costs better and is operating more efficiently. 

EBITDA improved from ₹43.2 Cr to ₹62.4 Cr, an increase of 44.4%. Although total income is down when you look at EBITDA, you can see that the company's operational performance is getting better. 

Net worth increase significantly from ₹71.9 Cr to ₹134.6 Cr for a total increase of 87.2%. The company is able to build financial strength. 

Total borrowings were lower than ₹185 Cr with stable levels of borrowing throughout this time period, which means that the company is not over-leveraging. 

Overall, Patel Retail shows improving profitability and growth to financial strength despite declining revenues.

IPO Share Distribution

The shares will be divided as per SEBI rules:

Good Points

1. Strong Market Growth:
India composed faster than projected growth in retail market due to rise in income and changing lifestyle habits.

2. Improved Profit Margin:
Profit margin was up 54.3% in the last years indicating better control of costs and efficiencies.

3. Strong Asset Growth:
Assets increased over 26.3% indicating a company expanding in growth.

4. Better Operations:
We are up 44.4% EBITDA in comparison to prior reporting periods suggesting better operating performance.

5. Solid Net Worth:
Net worth is up 87.2%, thereby showing strength in the financial position.

6. Stable Debt:
Borrowing has been stable between ₹180-185 Cr.

7. Good GMP:
The Company GMP of 22.75% indicates the confidence investors have in the company.

8. Local Focus:
The company also understands the local market and understands customer market needs and preferences.

Risk Factors

1. Decline in Revenue:
Total revenue declined from the past year level of ₹1019.8 Cr to ₹826.0 Cr and it is a concern among all stakeholders.

2. Heightened Competition:
The retail industry has fierce competition from organized and unorganized players selling products, primarily food and grocery items.

3. Economic Slowdown:
The retail business is sensitive to economic conditions and consumer spending patterns.

4. Increasing Online Competition:
The e-commerce and online shopping channels are growing faster than traditional retail channels; thus, growth can become constrained.

5. Location Dependence:
Retail businesses have dependence on market conditions and proximity of stores to customer bases.

6. High Inventory Turnover:
Retail business has the need to manage inventory turnover.

7. Seasonality:
Retail sales depend on the season and associated festivals.

8. Supply Chain:
Supply chain problems directly impact the availability of products and costs and pricing to or from suppliers.

How to Apply for Patel Retail IPO?

Simple steps to apply (IPO opens August 19, 2025):

1. Open your trading app (Zerodha, Angel One, Groww, etc.)

2. Go to IPO section

3. Find Patel Retail IPO and click Apply

4. Fill details:

   • Number of lots (minimum 1 lot = 58 shares)

   • Bid price (₹255 or choose Cut-Off)

   • Your UPI ID

5. Submit application

6. Approve UPI payment request on your phone

Important: Approve UPI payment before 5 PM on same day or before IPO closes on August 21, 2025.

How to Check Patel Retail IPO Allotment Status?

You can check if you got shares in two ways:

Check on NSE/BSE Website

1. Go to NSE or BSE official website

2. Click on IPO section

3. Select Patel Retail IPO

4. Enter your PAN number or application number

5. Click submit to see results

Check on Registrar Website

1. Visit Bigshare Services

2. Select IPO allotment status

3. Choose Patel Retail IPO

4. Enter PAN or application number

5. Submit to check your allotment status

Company Address

Name: Patel Retail Limited
Address: 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/

IPO Registrar

Name: Bigshare Services Pvt Ltd
Phone: +91 22 6263 8200
Email: investor@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Address: Bigshare Services Pvt Ltd, 1st Floor, Bharat Tin Works Building, Opp. Vasant Oasis, Makwana Road, Marol, Andheri(E), Mumbai - 400 059

Final Thoughts

Patel Retail Limited is a mixed investment opportunities in the country. The company has demonstrated excellent profit growth and operational efficiency, but revenue growth is on a declining trend.

At ₹255 per share with a GMP of 22.75%, there appears to be reasonable confidence in this IPO in the markets. The retail sector appears to be growing in India with increasing incomes and changing consumption habits, and may contribute to Patel Retail's growth in the future.

Investors should exercise caution on the decline in revenue and the highly competitive retail sector. The retail business also traverses extreme online shopping options, economy changes, and high competition.

If investors believe in the opportunities of India's growing retail market and can tolerate the risk of declining revenue and ongoing propriety, then this IPO may be a consideration. The improving profitability demonstrates some solid management oversight.

Disclaimer: This analysis is for educational purposes and not financial advice. Please consult a financial advisor before making investment decisions.

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