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Issue Open Date
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19-Aug-25
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Issue Closing Date
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21-Aug-25
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Application Money
|
100
|
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Allotment Money
|
|
|
|
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Price Band
|
237
-
255
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Minimium Application No.
|
58
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Issue Size (Shares)
|
7815612
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Market Lot
|
1
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Objective
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1. Repayment/prepayment, in full or part, of certain borrowings availed of by our Company.2. Funding of working capital requirements of the Company.3. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
|
2367250
|
256077192
|
108.174967578414
|
Qualified Institutional Buyers
|
1136312
|
309562472
|
272.427354458987
|
Retail Individual Investors
|
4261050
|
181056048
|
42.4909465976696
|
|
|
|
Business Description
We are primarily engaged as a retail supermarket chain operating in tier-III cities and nearby suburban areas, withfocus on “value retail”, offering food, non-food (FMCG), general merchandise and apparel catering to the needs ofthe entire family. Incorporated in Fiscal 2008, our Company started its first store under the brand “Patel’s R Mart” atAmbernath, Maharashtra and since, our operations are spread across the suburban area of Thane and Raigad districtin Maharashtra. Over the years we have emerged as a player managing one of the largest network stores in the MMRregion (source: D&B Report). As on December 31, 2023 we operate and manage thirty-one (31) stores, with a RetailBusiness Area28 of approx. 1,26,000 sq.fts.
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Promoter's Holding
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Total Share Capital
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24382528
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|
Offered to Public
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7815612
|
|
Promoter's Holding (Pre-Issue)
|
97.99
|
|
Promoter's Holding (Post-Issue)
|
70
|
|
|
|
|
|
|
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Address |
Plot No. M-2 Anand Nagar Additional M I D C Ambernath (East)
Thane Dist,
Maharashtra,
421506
Phone : 7391043825
Email : cs@patelrpl.net
Website : www.patelrpl.in
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Registrar |
Bigshare Services Pvt Ltd
Office No S6-2 6th Floor Pinnacle Business Park Next to Ahura Centre Mahakali Caves Road Andheri (E) Mumbai
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Listed at |
BSE, NSE
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Lead Manager |
Fedex Securities Ltd.
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Promoters |
Bechar Raghavji Patel Dhanji Raghavji Patel Hiren Bechar Patel Rahul Dhanji Patel
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|