| Patel Retail Ltd |
|
Registered Office:
Plot No. M-2, Anand Nagar,,Additional MIDC, Ambernath (E)
,
Thane
-
421506
,
Maharashtra
, India.
Phone :
+91 73910 43825 Fax:
Email : cs@patelrpl.net
Website : www.patelrpl.in
|
Initial public offering of 95,20,000 equity shares of face value of  10/- each ("Equity Shares") of Patel Retail Limited ("the Company" or the "Issuer") for cash at a price of 255/- per equity share (including a Securities Premium of 245/- per Equity Share) ("Offer Price") aggregating 242.66 crores ("the Offer"). The offer comprises of a fresh issue of 85,18,000 equity shares of face value of 10/- each by the company aggregating to 217.11 crores (the "Fresh Issue") and an offer for sale of 10,02,000 equity shares of face value of
10/- each (the "Offered Shares") aggregating to 25.55 crores (the "Offer for Sale"), comprising of 7,68,000 equity shares of face value of 10/- each aggregating 19.58 crores by Dhanji Raghavji Patel, and 2,34, 000 equity shares of face value of 10/- each aggregating 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 10/- each, aggregating to 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 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-25 |
21-Aug-25 |
Rs255.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :58 Further Multiples of :58 |
| |
RsCr |
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 |
Rs255.00 |
|
|