IPO Details

About Company

Patel Retail Limited, established in 2008, is a supermarket chain primarily serving tier-III cities and suburban areas across Maharashtra and Gujarat. Operating under the brand name “Patel’s R Mart,” the company had 43 retail stores with a combined retail space of approximately 1,78,946 square feet as of May 31, 2025. It offers a wide and diverse product portfolio, spanning food items, non-food FMCG goods, general merchandise, and apparel. Strengthening its market presence, Patel Retail has developed several private label brands, including Patel Fresh (pulses and ready-to-cook items), Indian Chaska (spices, ghee, and papad), Blue Nation (men's apparel), and Patel Essentials (home improvement products). The company operates three manufacturing facilities, with two forming part of an integrated agri-processing cluster in Kutch, Gujarat, enabling efficient backward integration and streamlined supply chain management. In terms of logistics and distribution, Patel Retail owns a fleet of 18 trucks and manages over 10,000 SKUs across 38 product categories. Additionally, it generates supplementary income through rental arrangements with vendors operating within its retail stores.