New Delhi, Aug. 14 -- Patel Retail is set to open its initial public offering (IPO) on August 19, 2025, with the subscription window closing on August 21, 2025. The IPO, priced between Rs.237 and Rs.255 per share, seeks to raise Rs.242.76 crore. The issue comprises a fresh issue of 0.85 crore shares worth Rs.217.21 crore and an offer for sale (OFS) of 0.10 crore shares totaling Rs.25.55 crore. In the OFS, Dhanji Raghavji Patel will sell 7,68,000 shares, while Bechar Raghavji Patel intends to offload 2,34,000 shares, each with a face value of Rs.10.

The IPO has been structured with a lot size of 58 shares, requiring retail investors to make a minimum investment of Rs.13,746 for one application.

1) About the Firm: Patel Retail Limited, fo...