The shares of Patel Retail Ltd were first listed on the stock exchanges on 26 Aug 2025.

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Min Investment
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Initial public offering of 95,20,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Patel Retail Limited (the Company or the Issuer) for cash at a price of Rs. 255/- per equity share (including a Securities Premium of Rs. 245/- per Equity Share) (Offer Price) aggregating Rs. 242.66 crores (the Offer). The offer comprises of a fresh issue of 85,18,000 equity shares of face value of Rs. 10/- each by the company aggregating to Rs. 217.11 crores (the Fresh Issue) and an offer for sale of 10,02,000 equity shares of face value of Rs. 10/- each (the Offered Shares) aggregating to Rs. 25.55 crores (the Offer for Sale), comprising of 7,68,000 equity shares of face value of Rs. 10/- each aggregating Rs. 19.58 crores by Dhanji Raghavji Patel, and 2,34, 000 equity shares of face value of Rs. 10/- each aggregating Rs. 5.97 crores by Bechar Raghavji Patel (together, Promoter Selling Shareholders).The offer includes a reservation of 51,000 equity shares of face value of Rs. 10/- each, aggregating to Rs. 1.20 crores (Constituting up to 0.15 % of the post offer paid-up equity share capital of the company), for subscription by eligible employees (the Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute 28.50 % and 28.35 %, respectively, of the post-offer paid-up equity share capital of the company. The company may, in consultation with the book running lead manager (brlm), offer a discount of 7.84% (Equivalent to Rs. 20/- per Equity Share) to the offer price to eligible employees bidding in the employee reservation portion (Employee Discount).
The shares of Patel Retail Ltd were first listed on the stock exchanges on 26 Aug 2025.
The total issue size of the Patel Retail Ltd IPO is 242.76
The minimum lot size for Patel Retail Ltd public issue was 58.00 shares.
The price band of the IPO of Patel Retail Ltd was 255.00 to 0.00 per equity shares.
Our Company was originally incorporated as Patel Retail Private Limited at Ambernath, Maharashtra as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated June 13, 2007 issued by the Registrar of Companies, Maharashtra, Mumbai. Thereafter, our Company was converted into a public limited company, approved vide shareholders' resolution dated July 18, 2023, pursuant to which the name of our Company was changed to Patel Retail Limited and a fresh certificate of incorporation consequent upon change of name on conversion to public limited company was issued by the Registrar of Companies, Maharashtra, Mumbai dated August 28, 2023.
Bigshare Services Pvt Ltd is the registrar and share transfer agent of Patel Retail Ltd IPO.