Patel Retail Ltd IPO

Value retailing to a well-defined target consumer base.

Deep knowledge and understanding of optimal product assortment and stringent inventory management using IT systems.

Steady footprint expansion using a distinct store acquisition strategy and ownership model.

Our Presence.

All its retail stores are concentrated in the state of Maharashtra, more particularly within the Thane and Raigad district. In the Financial Years 2022-23, 2021-22 and 2020-21 and the six months period ended September 30, 2023, its revenue from retail sales accounted for 26.17%, 32.59%, 28.73% and 31.17% of its revenue from operations, respectively. Any adverse developments affecting its operations in such region, could have an adverse impact on the company retail business, financial condition, results of operations and cash flows.

Its inability to maintain an optimal level of inventory in the company stores may impact its operations adversely.

The company faces foreign exchange risks that could adversely affect its results of operations and cash flows.

Its business is operating under various laws which requires the company to obtain approvals from the concerned statutory/ regulatory authorities in the ordinary course of business. Some of its approvals are required to be transferred in the name of Patel Retail Limited from Patel Retail Private Limited, pursuant to change of name of the Company. Its inability to obtain, maintain or renew requisite statutory and regulatory permits and approvals for its business operations in a timely manner could materially and adversely affect its business, prospects, results of operations and financial condition.