Patel Retail Ltd IPO

Symbol: PATELRETL

Patel Retail Limited, operating a growing chain of supermarkets under the brand Patel’s R Mart in tier‑III and suburban areas of Maharashtra, is launching its Initial Public Offering (IPO) between August 19 and August 21, 2025. The IPO features a price band of ₹237 to ₹255 per share, offering both a fresh issue (~₹216 crore) and an offer for sale (~₹25.6 crore), together raising up to ₹242.8 crore. The net proceeds will be used for debt repayment, working capital, and general corporate purposes. The company, with a network of 43 stores as of May 2025, has built strong private label brands and backward integration—making this IPO one to watch for regional value retail investors. Listing is expected on BSE and NSE around August 26, 2025.