{"id":7226,"date":"2025-08-16T14:52:44","date_gmt":"2025-08-16T09:22:44","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=7226"},"modified":"2025-08-19T08:49:46","modified_gmt":"2025-08-19T03:19:46","slug":"about-patel-retail-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/about-patel-retail-ipo\/","title":{"rendered":"About Patel Retail IPO: Lot Size, Price, Should you Invest?"},"content":{"rendered":"\n

Patel Retail IPO Price: <\/strong>\u20b9237 to \u20b9255 per share
IPO Dates:<\/strong> 19th August 2025 – 21st August 2025<\/p>\n\n\n\n

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\"Patel<\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n
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Company Overview<\/strong><\/h2>\n\n\n\n

Patel Retail Limited was originally incorporated as \u201cPatel Retail Pvt. Ltd.\u201d at Ambernath, Maharashtra, in June 2007. In July 2023, it was converted into a public limited company and renamed \u201cPatel Retail Ltd.\u201d The company is primarily engaged in operating a retail supermarket chain in the state of Maharashtra, particularly in the Mumbai Metropolitan Region (MMR) across Thane and Raigad districts. It focuses on a \u201cvalue retail\u201d model, offering food, non-food (FMCG), general merchandise, and apparel.<\/p>\n<\/div>\n<\/div>\n\n\n\n

Retail Operations<\/strong><\/h2>\n\n\n\n

The company opened its first store under the brand \u201cPatel\u2019s R Mart\u201d at Ambernath, Maharashtra. Since then, operations have expanded across suburban areas of Thane and Raigad districts. As of May 31, 2025, Patel Retail operates and manages 43 stores with a total retail business area of approximately 1,78,946 sq. ft.<\/p>\n\n\n\n

Following a cluster-focused expansion strategy, the company plans to deepen its presence in western suburban MMR locations such as Mira Road, Bhayander, Virar, and Vasai, as well as expand into Pune, Maharashtra.<\/p>\n\n\n\n

Product Portfolio<\/strong><\/h2>\n\n\n\n

Since FY 2008, Patel Retail has expanded its product range significantly. As of May 31, 2025, it offers around 38 product categories with over 10,000 SKUs across its stores. To enhance margins and strengthen brand recognition, the company has also introduced private label brands, including:<\/p>\n\n\n\n