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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Patel Retail Ltd
Registered Office: Plot No. M-2, Anand Nagar,, Additional MIDC, Ambernath (E), Thane - 421506, Maharashtra
Phone: 1
Email: 1
Website: 1
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").
Issue Money Payable On
Opens On Closes On Application Allotment
19-Aug-2025 21-Aug-2025 255.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 190.48
Project Financed through Current Offer 242.76
Post Issue Equity Share Capital 33.40
Issue Price 255.00
Projects
Repayment/prepayment in full or part of certain borrowings availed by the company
Funding of working capital requirements of the company
General corporate purposes*#
Promoted By
Dhanji Raghavji Patel
Bechar Raghavi Patel
Hiren Bechar Patel
BSE
NSE
Registrar to the Issue
Attention Investor
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