31 Mar 2023
Assets303.12
Total Income1,019.80
EBITDA43.24
Profit After Tax16.38
NET Worth71.87
Total Borrowing182.81
At a glance
Updated 2026-09-11The shares listed at ₹300.00, a 17.65% move from the issue price. Patel Retail is a Mainboard IPO with an issue size of ₹242.66 crore, proposed for listing on BSE, NSE. The offer opens on 19th Aug 2025 and closes on 21st Aug 2025. The issue structure includes a fresh issue of ₹217.12 crore and an offer-for-sale component of ₹25.54 crore. The current listing schedule points to 26th Aug 2025.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹242.66 Cr
Fresh issue₹217.12 Cr
Offer for sale₹25.54 Cr
Face value₹10
Price band₹237.00–₹255.00
Allotment22nd Aug 2025
Listing26th Aug 2025
Listing performance
Full performance ↗Issue price₹255.00
Listing price₹300.00
Current price—
Listing gain17.65%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹52.00
GMP / upper price20.39%
Est. listing₹307.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens19th Aug 2025
Closes21st Aug 2025
Allotment22nd Aug 2025
Refund25th Aug 2025
Demat25th Aug 2025
Listing26th Aug 2025
Subscription demand
Full bidding ↗Retail95.74×
Total95.74×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 58 | ₹14,790 |
Company
Incorporated2008
Use of proceeds
| Object | Amount |
|---|---|
| Repayment/prepayment, in full or part, of certain borrowings availed of by the Company. | ₹59.00 Cr |
| Funding of Working Capital Requirement of the company | ₹109.00 Cr |
| General Corporate Purposes | ₹22.48 Cr |
| Issue Expenses | ₹29.76 Cr |
| Total | ₹220.24 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue825.99₹ Cr · +1.0% vs prior year
EBITDA62.43₹ Cr · +11.8% vs prior year
PAT25.28₹ Cr · +12.2% vs prior year
Assets382.86₹ Cr · +15.0% vs prior year
Net Worth134.57₹ Cr · +42.6% vs prior year
Borrowing180.54₹ Cr · -2.8% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets333.02
Total Income817.71
EBITDA55.84
Profit After Tax22.53
NET Worth94.40
Total Borrowing185.75
31 Mar 2025
Assets382.86
Total Income825.99
EBITDA62.43
Profit After Tax25.28
NET Worth134.57
Total Borrowing180.54
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 19.02% |
| ROCE | 14.43% |
| Debt / Equity | 1.34% |
| RoNW | 19.02% |
| PAT Margin | 3.08% |
| EBITDA Margin | 7.61% |
| Price to Book Value | 4.72 |
Valuation & shareholding
Pre-IPO EPS10.16
Post-IPO EPS7.57
Pre-IPO P/E25.1
Post-IPO P/E33.69
Promoter holding pre97.99%
Promoter holding post70.01%
Market cap₹851.71 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Patel Retail IPO | — | 33.69 x | — | — |
| Vishal Mega IPO | — | 69.19 x | — | — |
| Avenue Supermarts IPO | — | 36.00 x | — | — |
| V-Mart Retail IPO | — | 16.36 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Repayment/prepayment, in full or part, of certain borrowings availed of by the Company. | ₹59.00 Cr |
| Funding of Working Capital Requirement of the company | ₹109.00 Cr |
| General Corporate Purposes | ₹22.48 Cr |
| Issue Expenses | ₹29.76 Cr |
| Total | ₹220.24 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Fedex Securities Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-11.
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